UK reports £5.7m in cyber crime financial loss so far this year – with one third coming from businesses 

• From the start of 2021, the UK has reported a total of 14,883 instances of cyber crime, with the total losses of £5.7m 

• Despite 90% of offences being made against the public, UK businesses have reported £1.9M of losses - a third of the total figure 

The new API is part of Binance’s broader strategy to expand user protection and risk management protocols

• YouTrip also revealed Singaporean users' top 10 overseas shopping sites in the past 12 months, with international marketplaces being key drivers of cross-border spending
• Purchases of bikes and K-pop merchandise saw standout growth, more than doubling and tripling in transactions of their respective products

Paymaya, the leading, mobile money and payments provider in the Philippines has chosen Iliad Solutions as its payments testing supplier.

Iliad Solution’s products and services, used by leading financial institutions around the globe, help to minimise the risk when deploying new payments technology, reducing the costs associated with testing and improve the speed of launching new systems. 

Profile Software, the international financial solutions provider, announced today the operational use of the omni-channel digital banking platform integration project at Optima bank (ex-Investment Bank of Greece). Optima bank was launched on July 31, 2019, following the acquisition of Investment Bank of Greece from IREON INVESTMENTS a fully subsidiary of “MOTOR OIL" Group. The platform went live under strict deadlines as per bank’s requirements with great success.

Okan Ozaltin, GM Payment Solutions, Signifyd;

"As consumers increasingly adopt APM (alternative payment methods) for online transactions, potential lower transaction costs and instant receipt of funds are making some bank-to-bank payment methods popular with merchants.

 LiquidX, the global fintech solutions provider for working capital, trade finance, and insurance, today announced the appointment of Keith Raymond as Managing Director, InBlock Sales. Mr.

 Total Expert, the customer experience platform purpose-built for modern financial institutions, today announced the integration of 

Offices around the UK are open for business in line with the government’s latest guidance, meaning that many financial services employees are no longer restricted to working from home. More employers than ever before are now offering a hybrid working model, whereby employees choose where they work – from home, from the office, elsewhere, or even on the go. 

Concerns about coronavirus transmission has encouraged use of contactless cards and this trend will continue as contactless limits are increased and new habits become ingrained

Contactless payments are increasingly the norm in Europe