Dealstruck takes on banks with its ‘Lending Club for small businesses’

The finance industry is under attack from startups. Dealstruck initiated the latest front of this battle today with its crowdfunding alternative to business loans from banks.

Lending Club shuffles around shareholders to make room for Google

Google takes a minority stake in online investment community Lending Club as part of a $125 million secondary transaction.

Iran suspected culprit behind recent attacks on U.S. bank websites

A number of denial of service attacks have taken down U.S. bank web sites since September. While some have come forward claiming responsibility, other believe Iran may be behind the attacks.

Maximize your collections! BankersLab gamifies debt collection (exclusive)

If you score high on this simulation, you can maximize net income for your bank from debt collections.

Edo nets $15M to bring card-linked offers to small and medium-sized businesses

Edo has raised $15 million in third round funding to brings its local-offers technology to small businesses across the country.

Malware related to Stuxnet and Flame found stealing bank information

Kaspersky Lab announced a new piece of malware that specializes in obtaining login information for bank accounts in the Middle East. It's called Gauss and is linked to Flame, Stuxnet, and Duqu.

Chase earns top marks in Forrester’s new mobile banking benchmark

With the rising popularity of mobile banking — reaching 17 percent of U.S. consumers by the end of last year, a figure that’s grown 4X in the past five year — the research firm Forrester has developed a “Mobile Banking …

Over 50K Visa and Mastercard credit cards compromised, banks alerted

Cyber-criminals have stolen Visa and Mastercard credit-card data by hacking into payment processors in New York City parking garages. Visa confirmed that the data — enough to create counterfeit cards — was stolen, and both companies are doing damage control …

Trouble getting a loan from your bank? ZestCash gets $73M to help the underdogs

For most people, getting a loan requires a clean credit record and a strong credit score. Since not everyone’s credit report is spotless, ZestCash offers loans to customers who don’t belong to banks or who don’t have any credit data. …

BankSimple rebrands as Simple, opens beta

Financial organization company BankSimple is shedding the “bank” and emerging as Simple, now available to consumers in the US.

Taking care of finances is an arduous task. It confronts you with bills, loans, savings goals, and other stressful topics. In …

Prosper takes on Wall Street, hopes to rewire banking

Peer-to-peer lending startup Prosper makes no secret of its support for the Occupy Wall Street movement, which seeks to break the hold of banks on the American political process. Prosper wants to do a similar thing, by creating a sort …