BioCatch is warning that financial institutions need to be prepared to deal with a more sophisticated kind of credential stuffing attack. In that regard, the company noted that fraudsters are no longer concerned only with raw volume, and are instead modifying their techniques in an effort to get around the latest bot detection tools. Read...
Read MorePeople are the lifeblood of any organization, but so rarely do they receive the spotlight like the innovative applications and services, company missions and devoted customer communities they work so hard to create. We want to change that. Read...
Read MoreFinancial technology company SmartAsset recently found the U.S. cities where seniors are the most financially secure. The famed Florida retirement community, The Villages, took the top spot. Read...
Read MoreRecently, the Indian self-drive car rental company Zoomcar has raised INR 41 Crore/ $5.5 Million from its umbrella company Zoomcar Inc. Prior to this, Zoomcar Inc had also infused INR 8.27crore/ $1.1 Million in January and INR 5.27 Crore/ $717k in February 2021. These rounds of raising investments taking the total capital infusion in the company to INR 54.5 Crore/$7.4 Million in 2021. Read...
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By OURCROWD The decision by the US Securities and Exchange Commission (SEC) to expand its definition of an “accredited investor” paves the way for thousands more aspiring venture capitalists and angel investors to benefit from investing in the private markets. The new rules, which took effect Dec. 8, 2020, will further democratize the ability to invest in startups before they go public, allowing more investors to enjoy the often outsize pre-IPO returns accessible until now only to institutions and high net worth individuals. Before the changes, “accredited investors” were defined as the following: Individuals with more than $1 million in net worth (excluding the value of any primary residence) or who have earned more than $200,000 per year (or $300,000 with a spouse) in each of the last two years.Related parties to the issuer of securities, including its executive officers and directors.Certain specified organizations with more than $5 million in assets.Institutional investors such as banks, and other entities which meet certain legal criteria. The following are now added to the definition of “accredited investors”: A person who holds in...
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