Skorlife, the fintech that wants to give Indonesians more transparency into their credit scores, has raised $4 million in seed funding. The round was led by Hummingbird Ventures, with participation fr
For years, Africa’s credit infrastructure has lagged behind the rest of the world due to low credit coverage from its bureaus. Per a World Bank report, only 11% of Africa’s population have their c
Consumer credit reporting agency TransUnion recently announced it had invested an undisclosed sum in Spring Labs, which is building out a blockchain-based data-sharing platform. Now, TechCrunch has ex
Recently released documents revealed the FBI has for years secretly demanded vast amounts of Americans’ consumer and financial information from the largest U.S. credit agencies. The FBI regularl
Private equity firm Vista Equity Partners has acquired Sonatype, a cybersecurity-focused open-source automation company. Terms of the deal were not disclosed, but Sonatype said the acquisition will he
When Stackin’ initially pitched itself as part of the Techstars Los Angeles accelerator program two years ago, the company was a video platform for financial advice targeting a millennial audien
Another day, another massive data breach. This time it’s the financial giant and credit card issuer Capital One, which revealed on Monday a credit file breach affecting 100 million Americans and
Credit agency Equifax will pay up to $700 million in fines as part of a settlement with federal authorities over a data breach in 2017. The Federal Trade Commission said in a statement Monday that Equ
A federal watchdog says the government should stop relying on the credit agencies to verify the identifies of those using government services. In a report out this week, the the Government Accountabil
Six months after an episode of “Homeland” showed hackers exploiting security vulnerabilities in the (fictional) vice president’s pacemaker, Mike Kijewski, the founder of a new startu
Almost two years after Equifax’s massive hack, the majority of Fortune 100 companies still aren’t learning the lessons of using vulnerable software. In the last six months of 2018, two-thi
New York’s attorney general has settled with five tech and financial giants, requiring each company to implement basic security on their mobile apps. The settlements force Credit Sesame, Equifax
Consumer credit giant Experian is continuing to back Asian fintech startups after it led a $10 million investment in Southeast Asia’s Jirnexu. Jirnexu, which is headquartered in Kuala Lumpur, op
Credit Karma, the US startup with 85 million users that offers credit reports and a platform to browse and buy other financial services, has made an acquisition to help it kick-start its first oversea
Credit rating giant Equifax has been issued with the maximum possible penalty by the UK’s data protection agency for last year’s massive data breach. Albeit, the fine is only £500,000 bec
Ant Financial has denied claims that it covertly raided Equifax — the U.S. credit firm that was hit by a hack last year — to grab information, including code, confidential data and documen
Experian is making its first major bet on Southeast Asia and its population of over 650 million consumers after the financial credit giant backed Singapore-based C88 Financial Technologies, which op
Indian credit marketplace BankBazaar has pulled in $30 million in fresh funding led by Experian, the London-headquartered credit giant with a £14 billion ($18 billion) market cap. BankBazaar seems to
Equifax is still leaking like a sieve. Security researcher Brian Krebs has outlined a vulnerability in Equifax’s The Work Number product, a system used by credit companies to confirm your salary
In a continued effort to pass on any responsibility for the largest data breach in American history, Equifax’s recently departed CEO is blaming it all on a single person who failed to deploy a p
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