MonetaGo, the pioneer in using blockchain technology to fight fraud and inefficiencies in financial workflows, has gained fresh momentum in its APAC expansion. 

The company has over one million transactions in India. This comes alongside five new Indian alternative finance platforms being onboarded to MonetaGo’s Secure Financing solution, which mitigates the risk of double invoice financing. 

The REvil Ransomware (Sodinokibi) operation has deposited $1 million in bitcoins on a Russian-speaking hacker forum for potential affiliates, who will be recruited to hack businesses and encrypt their devices.

In an update to a forum post that they use to recruit affiliates, REvil announced that they are once again recruiting new affiliates to distribute their ransomware. To show potential affiliates that they mean business, REvil has deposited 99 bitcoins, or approximately $1 million, on the hacker forum.

Frost & Sullivan’s recent analysis, The Reshaping of Industries Caused by COVID-19, encompasses nine key trends that will emerge from industries reshaping as a response to COVID-19. With the pandemic’s negative impact on the global economy, immediate action is critical. Technology leaders must assess the emerging opportunities resulting from COVID-19 and provide technological innovations to build company, society, and consumer resilience.

Cohesity announces Cohesity SiteContinuity, an automated disaster recovery solution that is integrated with the company’s backup and continuous data protection capabilities – making it the only web-scale, converged solution to protect applications across tiers, service levels, and locations on a single platform. Cohesity is making this announcement as organizations are concerned about losing data to ransomware attacks, natural disasters, or human error.

Rimilia, the leading SaaS-based fintech company, today announced the results of its two year partnership with Aston University to boost artificial intelligence (AI) expertise among Rimilia’s employees and enhance its intelligent financial management solution.

Nexi, the leading Italian PayTech in digital payments, signs a partnership with Ebury, one of the world's leading Fintech companies providing global transaction banking services to businesses.

According to the agreement, Ebury, founded in 2009 and with offices in 20 countries including Italy, joins Nexi Open. Nexi's partner banks will be able to offer their clients the full suite of Ebury services, including international cash management, FX risk management and import/export lending.

SteelEye, the compliance technology and data analytics firm, has been selected by the world-class investment manager, Schroders. 

The FTSE100 listed global investment manager with over £500bn assets under management deployed SteelEye in July 2020.  

National Australia Bank (NAB) is partnering with Pollinate to transform their merchant acquiring offering for small and medium sized businesses (SMEs) across Australia.

NYMBUS®, a leading provider of banking technology solutions, announced the Board of Directors has appointed Jeffery Kendall to serve as the company’s Chief Executive Officer, effective October 1, 2020. Kendall succeeds the company’s founder, Scott Killoh, who will continue to serve as Executive Chairman of the Board and trusted advisor to the management team.

The global impact of COVID-19 has been nothing short of immense. Of course, this has been felt in a very personal sense, with over 900,000 deaths attributed to COVID-19 so far. The business world has also been hit hard in many countries. From aviation to travel and retail, many industries have faced an uphill battle to keep going during the pandemic. With lockdowns around the globe gradually easing, many businesses are now struggling to return to normal.