Financial Services

The PayPal crypto service launches in the UK

PayPal launched its cryptocurrency service in the UK PayPal LONDON – PayPal launches its cryptocurrency service in the UK The US online payments giant said Monday it would allow UK customers to buy, own and sell digital currency starting this week. It is the first international expansion of PayPal’s crypto …

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Revelock partner brings behavioral biometric security to financial services in the Middle East

As part of a new partnership, cybersecurity consulting firm Paramount will offer the online fraud detection and response (FDR) platform from behavioral biometrics company Revelock to financial institutions in the Middle East. The FDR platform uses artificial intelligence and behavioral biometrics to develop a “granular level” understanding of each user. …

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Periscope Equity makes platform investment in leading cybersecurity company focused on healthcare

CHICAGO–(BUSINESS WIRE) – Periscope Equity, a lower middle class private equity firm focused on investing in technology-enabled business services, announced today that it has invested in CyberMaxx, LLC through a recapitalization in partnership with management. CyberMaxx provides the healthcare industry with a full suite of cyber attack prevention, detection and …

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Truist Expands Point of Sale Platform by Acquiring Leading Home Improvement Lender Service Finance Company, LLC

CHARLOTTE, NC, August 10, 2021 / PRNewswire / – Truist Financial Corporation (NYSE: TFC) announced today that its wholly owned banking subsidiary Truist Bank has entered into a definitive agreement to acquire Service Finance Company, LLC (Service Finance), a leading national provider of point-of- Sales (POS) financing solutions for the …

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NY Department of Financial Services Announces Initiative to Collect and Publish Diversity Data | Ballard Spahr LLP

To promote its ongoing efforts to promote diversity, equity and inclusion (DEI), the New York State Department of Financial Services (DFS) announced an initiative to collect and publish diversity data on the demographics of the boards of directors and senior management teams of NY-regulated financial institutions. In his July 29thNS …

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Optimizing financial services for the new economy

For Harrington, the right service offering has accelerated over the past year. She says the new paradigm in the financial sector means the larger incumbents need to have a more agile mindset when it comes to operational change. The digital dime has fallen for business today … Elisha Harrington from …

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