Thursday, Feb 26, 2026

International Finance

Category : Fintech

Fintech

Ecommerce: Fraud by customers on the rise

International Finance Desk
by International Finance Desk
Buyers increasingly using chargeback option to get refund for their products Suparna Goswami Bhattacharya October 3, 2016: Online merchants are facing a new problem — fraud by customers. Firms are increasingly facing malicious activity in the form of chargeback or friendly fraud. According to Visa, chargeback fraud has been growing at around 41% every year,...
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Fintech

Yahoo reveals world’s biggest data breach

International Finance Desk
by International Finance Desk
Happened in 2014 and at least 500 million users were affected IFM Correspondent September 23, 2016: Yahoo, the California-based tech giant, on Thursday said personal information of at least 500 million users was stolen in an attack on its accounts in 2014. The attacker was a ‘state-sponsored actor’, and stolen information may include names, e-mail...
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Fintech

Synechron launches blockchain accelerator applications in the cloud

International Finance Desk
by International Finance Desk
Leverages Synechron’s domain expertise in financial services and high-end software engineering skills September 21, 2016: Synechron Inc., a global financial services consulting and technology services provider, has announced the launch of its Blockchain Accelerator Program that includes its first six blockchain applications available in the cloud. These applications enable financial services firms to be up-and-running...
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Fintech

Enforcing debt when trading with Eurozone customers

International Finance Desk
by International Finance Desk
Implications of Brexit and the importance of a carefully designed risk management strategy Sophie Brackenbury September 19, 2016: Our commercial dispute resolution team was recently instructed to advise on the enforcement of a debt owed to a German business (our client) by a UK company, as part of our debt recovery service.  The outcome was...
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Fintech

Sapphire Ventures raises $1 billion

International Finance Desk
by International Finance Desk
This comes on the heels of a strong track record of exits September 16, 2016: Sapphire Ventures announced it has closed on $1 billion in new capital commitments. The firm invests in high-growth, expansion-stage technology startups across the globe, as well as early-stage, technology-focused venture capital funds. With this new funding, Sapphire’s total assets under...
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Fintech

A cyber-risk oversight programme for corporate directors

International Finance Desk
by International Finance Desk
NACD, Ridge Global and the CERT Division at Carnegie Mellon University announce the programme September 15, 2016: With the critical issue of cyber-risk oversight at the top of every board’s agenda, the National Association of Corporate Directors (NACD), Ridge Global, and the CERT Division of the Software Engineering Institute at Carnegie Mellon University announced the development of the...
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Fintech

Rent-A-Center adopts Provenir Cloud

International Finance Desk
by International Finance Desk
Intelligent risk analytics solution provides scalability to high growth September 14, 2016: Provenir, provider of risk analytics solutions, announced that rent-to-own industry leader Rent-A-Center, Inc. has adopted Provenir’s hosted solution, Provenir Cloud, to support the processing of customer applications for lease purchase agreements in connection with its AcceptanceNow line of business. “Provenir’s risk analytics and...
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