2017 has been the year of initial coin offerings (ICOs) — an innovative new form of financing that involves issuing a new digital token to early investors of a (usually) blockchain-based project in exchange for bitcoin or ether. Since the start of the year, ICOs have raised over $2 billion in funding. This surpassed the…
ICOs, also known as “token sales,” are relatively new fundraising phenomena used to launch new companies or fund a development project. According to ICOStats, nearly $2.3 billion has been raised in 2017 in ICOs. This amount eclipses the amount of money raised by early stage venture capital (VC) funding for internet companies. This type of…
If you have a credit report, there’s a good chance that you’re one of the 143 million American consumers whose sensitive personal information was exposed in a data breach at Equifax, one of the nation’s three major credit reporting agencies. But, as bad as this breach was, there’s a larger concern. Given how much personally…
Banking and financial technology professionals came together in a big way at FinovateSpring in San Jose last month. Conversations spanned from payments to security and companies presented many innovative solutions to help the finance services industry address the digital transformation that is impacting the industry in every way imaginable. For our part, Jumio was proud…
There is no bigger demographic right now than the ‘mighty Millennials.’ Yes, they have surpassed the baby boomers in sheer numbers and will likely surpass them in buying power if they haven’t already. They are digital natives and expect their smartphone to be a fully operational personal bank. The unique characteristics of this demographic demand…
Recently we released the results from our global survey of more than 700 millennials about their mobile banking experiences. 92% of respondents confirmed they use their devices for mobile banking more than other services including on-line shopping. In addition, many also revealed key complaints that need to be addressed in order to satisfy this crowd…
Fighting Fraud and Delighting Travelers – Every Step of the Way The travel industry is continually challenged to create faster and more intuitive mobile experiences that are both secure and convenient for travelers. With the help of digital ID scanning and verification, customers and businesses experience far-reaching benefits. Travelers can avoid standing in long lines to get an airline boarding pass and…
Online gaming operators are preparing for an exceptionally busy sports year, and mobile is a critical piece of the puzzle. As Euro2016 and the Summer Olympics add to the annual mix of football, rugby and tennis events happening globally, gaming operators are devising their ambitious multi-channel strategies, with a focus on mobile. At a recent…