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Fintech startup PortX raises $16.5M and forms new subsidiary to serve credit unions

GeekWire

The tech: PortX, led by CEO David Wexler , sells financial services infrastructure software to community banks, credit unions, and fintech companies. It aims to help customers enable embedded banking-as-a-service solutions, eliminate vendor dependencies, and streamline access to banking data. Background: Mercer Island, Wash.-based

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Chinese hackers blamed for multiple breaches at US banking agency

Network World

agency that insures bank accounts, according to a congressional audit. Breaches at the FDIC in 2010, 2011, and 2013 were caused by an "advanced persistent threat. Chinese government hackers were the likely attackers in three breaches in recent years at the Federal Deposit Insurance Corporation, the U.S.

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This Android Trojan blocks the victim from alerting banks

Network World

A new Trojan that can steal your payment data will also try to stymie you from alerting your bank. Fakebank was originally detected in 2013. The malware works by first scanning the phone for specific banking apps. Security vendor Symantec has noticed a “call-barring” function within newer versions of the Android.Fakebank.B

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Plaid, the service used by Venmo, Acorns, Robinhood, and more, may owe you some money

The Verge

Venmo is just one of the many apps that uses Plaid to link your bank account. If you’ve connected your bank account to financial apps like Robinhood, Acorns, Venmo, American Express, Coinbase, and Credit Karma, you may be entitled to some cash, according to a report by Fast Company.

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FireEye Discovers Hackers Targeting Wall Street to Access Insider Trading Information

Data Center Knowledge

Hackers have reportedly been attacking over 100 companies in the healthcare, pharmaceutical and investment banking sectors since mid-2013.

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Discount Code for Strata and Hadoop World NYC is 28-30 Oct 2013

CTOvision

Bank of America. Strata attendees are from organizations such as: Accenture. Adobe Systems. Amazon Web Services. American Express. American Public Media. ATT Interactive. Bed Bath and Beyond. DuPont Pioneer. Federal Reserve Board. General Electric. Lawrence Berkeley Labs. Opera Solutions.

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Endgame Announces Advisory Board with Commercial and Federal Technology Expertise

CTOvision

Shelley Leibowitz Shelley Leibowitz served as the first Group-wide Chief Information Officer at the World Bank. In this role, she was responsible for the technology services and capabilities that underlie the work of delivering quality knowledge and financing products to the Bank Group’s clients across the globe. Previously, Ms.

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