Month: September 2022

Revolut confirms cyberattack exposed personal data of tens of thousands of users

by

Fintech startup Revolut has confirmed it was hit by a highly targeted cyberattack that allowed hackers to access the personal details of tens of thousands of customers. Revolut spokesperson Michael Bodansky told TechCrunch that an “unauthorized third party obtained access to the details of a small percentage (0.16%) of our customers for a short period … Read more

Advisor to Europe’s top court backs antitrust watchdogs looking at privacy

by

A non-binding opinion issued today by an influential advisor to the Europe Union’s top court could foreshadow a major regional development at the intersection of privacy and competition regulation — or ‘privacy vs competition’ as it’s sometimes narrowly framed. The opinion follows a referral to the Court of Justice (CJEU) related to an appeal by … Read more

YouTube’s ‘dislike’ and ‘not interested’ options don’t do much for your recommendations, study says

by

There is no secret that both viewers and creators are confused by the puzzle that is YouTube’s recommendation algorithm. Now, a new study by Mozilla suggests that users’ recommendations don’t change a lot when they use options like ‘dislike’ and ‘not interested’ to stop YouTube from suggesting similar videos. The organization’s study observed that YouTube … Read more

European neobank Monese nabs $35M from HSBC

by

Monese, the London-based fintech that provides digital banking and remittance services to consumers and businesses across Europe, has raised $35 million from global banking giant HSBC. Founded in 2013, Monese is one of several so-called “challenger” banks to emerge from the U.K. capital, serving customers with a range of online-only services including standard cash accounts, savings, … Read more

Healthcare financier Scratchpay secures $35M Series C

by

Scratchpay, the Pasadena, Calif.-based petcare financier turned healthcare financier, closed a new round of funding amounting to $35 million. It’s a sign that investors are still looking at growing the fintech scene despite the markets’ downturn and an acknowledgment from investors that there is a slowdown in investments. 8 investors discuss fintech’s potential despite the … Read more

Salesforce built a data lake to transform how customer data moves on the platform

by

The ultimate goal of pulling customer data together into a customer data platform (CDP) is building more meaningful customer experiences in real time. Up until now, that’s been more aspirational than real, but Salesforce is announcing Genie, a real time data integration platform, today at the Dreamforce customer conference that aims to make that dream … Read more

Tres raises $7.6M to help web3 teams manage their financials and crypto data

by

Tres, a financial “data lake” for web3 companies, has raised $7.6 million in a seed round led by boldstart ventures, its founder and CEO Tal Zackon, exclusively shared with TechCrunch. Investors include F2, The Chainsmokers’ venture fund Mantis, New Form Capital, Kenetic Capital, Blockdaemon Ventures and Alchemy. As well as angel investors like Fireblocks CEO … Read more

Here’s another example of the frustrating ‘Adobe upsell’

by

Adobe is under fire for removing features from it’s services. | Photo Illustration by Rafael Henrique/SOPA Images/LightRocket via Getty Images Adobe has come under fire by Sebastiaan de With, co-founder of popular iOS camera app Halide, for removing Apple’s ubiquitous AirDrop sharing feature from Photoshop and disrupting his workflow. De With expressed his frustrations on … Read more