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Mastercard and Visa pull out of Pornhub after abuse allegations

Visa and Mastercard have cut ties with Pornhub after both payment providers investigated allegations of child sexual abuse.

Coinbase responds to racism and discrimination allegations

Coinbase has been accused of having created a culture fraught with bullying, racism and discrimination against black people in a new exposé from the New York Times.

Tink to support PayPal across Europe and receives strategic investment

Swedish open banking company Tink has filled its coffers by signing an extended commercial agreement with PayPal which now sees it include all countries within the European Economic Area (EEA).

Cybersecurity startup SafeBreach nets $19m in its Series C round

SafeBreach, a breach-and-attack simulation (BAS) platform has netted $19m in its Series C to meet rising customer demands.

The Libra Association has kickstarted the licensing process with Swiss FINMA

After months of speculation, governmental hearings and partners abandoning the project, it seems as if the Facebook-led cryptocurrency Libra has taken a big step towards being recognised by regulators.

18 FinTech and RegTech startups investment rounds you missed last week

From: FinTech Global Despite coronavirus fears, the last week saw a number of FinTech companies raise money. From TierPoint's massive $320m round to Pruvo's $1.1m,...

Arkose Labs raises $22m in its Series B round

Arkose Labs, an online fraud and abuse prevention technology developer, has scored $22m in its Series B round.

PayPal and BT hackers jailed after defrauding over 2,000 people

Seven out of eight gang members have been jailed after defrauding thousands of people through hacking PayPal and BT accounts.

Banking API company Teller announce new $4m seed round to take...

Venture capital Lightspeed Ventures, Founders Fund and PayPal founder Max Levchin's SciFi VC have joined forces to back banking API provider Teller’s new funding round.

Amazon told users to uninstall Honey for security reasons just days...

In what can be interpreted as an unveiled attempt at throwing shade at PayPal’s latest acquisition, Amazon has warned its users against allowing Honey Science Corporation’s software to run on their devices.
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