Resistant AI scores $16.6M for its anti-fraud fintech tools

Resistant AI, which uses artificial intelligence to help financial services companies combat fraud and financial crime — selling tools to protect credit risk scoring models, payment systems, customer onboarding and more — has closed $16.6 million in Series A funding. GV (formerly Google

Proptech neolender Proportunity raises $150M mixed debt and equity round

You've heard of neobanks. Meet the neolender. One of the newest is London-based Proportunity. It's now raised a $150 million mixed debt and equity funding round ($7 million equity financing and $143 million in debt), on top of its $10 million debt round in 2020. The round was led by Venture

Facebook reportedly plans to change its name to focus on the metaverse

Facebook is planning to rebrand the company with a new name to focus on building the metaverse, according to a report by The Verge.  CEO Mark Zuckerberg will unveil its new name at the annual Connect conference on October 28, but it could announce the new name earlier, as reported by The Verge.

Daily Crunch: Google’s new Pixel Pass subscription bundles phones and services

To get a roundup of technewss's biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Hello and welcome to Daily Crunch for October 19, 2021! We are just over a week away from our SaaS event, which means that we're deep into prep territory. I j

Former head of Facebook app Fidji Simo defends company following whistleblower testimony

The former head of the Facebook app, who reported directly to CEO Mark Zuckerberg, Fidji Simo, defended the social network at the start of an interview at the WSJ Tech Live event this afternoon. The exec was there to discuss her new role as Instacart CEO and her vision for the future of food delive

Credo AI launches backed by $5.5 million to help companies with ‘ethical AI’

There are many in the world of AI who worry about its implications. One of those people is Navrina Singh, a former product manager for Qualcomm, then Microsoft, who saw firsthand at Microsoft how a Twitter bot it developed in 2016 as an experiment in “conversational understanding,” was,

How do you select the right tech stack?

Having a great idea isn't enough when you're starting a startup. You have to execute well on that idea by making the right decisions at the right time. In particular, you have to pick the right tech stack for your product. Without a good technical foundation, you can end up accumulating a l

NASA and Boeing confirm Starliner won't fly until first half of 2022 as valve investigation continues

NASA and Boeing provided an update on the beleaguered Starliner capsule Tuesday, confirming that the earliest the spacecraft will fly will be sometime during the first half of next year. Starliner was grounded in August, after an issue with the oxidizer valves was discovered roughly four and a half

Google makes calling businesses less painful with features for seeing wait times, phone tree options and more

Alongside today’s release of the new Pixel 6 smartphones, Google has again upgraded one of the device’s most basic — but often overlooked — functions: the ability to make phone calls. In previous years, Google Assistant learned to screen your calls and make your reservations

Even more reasons you need to be at TC Sessions: SaaS 2021

We're less than two weeks out from TC Sessions: SaaS 2021, a day-long exploration of software as a service. If you want to thrive in this tough, competitive market, join your colleagues and tap into current thinking and future trends. Come to hear, meet and engage with the industry's bright

A massive ‘stalkerware’ leak puts the phone data of thousands at risk

The private phone data of hundreds of thousands of people are at risk. Call records, text messages, photos, browsing history, precise geolocations and call recordings can all be pulled from a person’s phone because of a security issue in widely used consumer-grade spyware. But that’s ab

Plaid overhauls Plaid Link SDK with simplicity in mind

Since 2015, Plaid has helped developers connect users to banking information using an SDK (software development kit) called Plaid Link. As Plaid describes it in its SDK documentation, “The Plaid Link SDK is a quick and secure way to link bank accounts to Plaid in your … app.” Up u

Biden’s QSBS tax plan would have unintended consequences for startups

Buried deep in President Joe Biden's 2021 tax plan are new amendments to the United States' Qualified Small Business Stock (QSBS) program, which, if passed, will directly impact early-stage startup employees, founders and investors. Lawmakers say the proposed changes to QSBS are designed to

Snap is launching a global studio to develop branded AR experiences

Snap announced on Tuesday that it's launching a global creative studio to help brands develop augmented reality (AR) advertising and experiences. The new studio is called Arcadia and aims to help companies develop experiences that can be used across web platforms and app-based AR environments.