Cignifi raises funding to provide credit scores for people in emerging markets

mobile-money

Cignifi relies solely on mobile phone behavioral data.

Financial institutions, in the developed world, use credit history in order to assess a person’s creditworthiness and subsequently issue them financial products at personalized terms.. Unfortunately, that’s difficult to do in emerging markets, where mobile phones are more prevalent than traditional credit history.

 

 

Continue reading… “Cignifi raises funding to provide credit scores for people in emerging markets”

Banks Failing to Protect Small Business Assets From Cyberthieves

cybercriminals

Cybercrminals are stealing from small and medium businesses at an unprecedented rate.

Cyberthieves are cracking into the online bank accounts of small- and medium-sized businesses at an unprecedented rate.  Banks are failing to take proactive steps to protect their SMB customers, and, as a result, many SMBs are changing banks.

 

 

Continue reading… “Banks Failing to Protect Small Business Assets From Cyberthieves”