Binance Asia Services Takes Strategic Stake in Singapore-based HG Exchange
- 2 years 4 months ago
- Blockchain, Cryptocurrencies
Binance Asia Services, the blockchain ecosystem and cryptocurrency provider behind Binance.sg, today announced its post-money stake of 18% in Hg Exchange (HGX), subject to regulatory requirements.
Spice Money Further Bolsters Leadership Team to Fast-track the Growth
- 2 years 4 months ago
- Payments
Elevates Sanjeev Kumar and Rajneesh Arora as Co-Founders
BHMI Announces Latest Enhancements to Industry Leading Back Office Payments Solution - Concourse Financial Software Suite
- 2 years 4 months ago
- Payments
In response to the everchanging technology and payment processing landscapes, payments software applications provider BHMI announced Concourse Release 4.15, the latest version of its industry-leading Concourse Financial Software Suite®, the powerful, modular back office software solution for electronic payments processing.
Almost 100k Americans Fell Victims to Credit Card Fraud in 2021 Q3
- 2 years 4 months ago
- Credit Cards, Data Protection, Fraud Detection
Credit card fraud has become one of the most popular ways for criminals to make a quick buck. Credit card identity theft is relatively easy to carry out, and it’s also significantly less risky than traditional types of crimes, which is why it’s the most common type of identity theft in the last quarter. Data extracted and analyzed by Atlas VPN reveals that 97 thousand Americans were the victims of credit card fraud in Q3 2021. This type of... more
El Salvador’s Adoption of Bitcoin as Legal Tender ‘is the Exception and Not the Model for the Future’
- 2 years 4 months ago
- Bitcoins
El Salvador’s adoption of bitcoin as legal tender and the country’s second national currency in September of this year calls into question the viability of decentralised cryptocurrencies as a like-for-like substitute for centrally-controlled national currencies. According to William Je, CEO of institutional investment firm Hamilton Investment Management, El Salvador’s adoption of bitcon is not a model for the future, but instead an exception to... more
2022 Payments Summit: Topic Lineup Revealed, Including Mobile Payment Trends, Chip Supply Challenges and The Future of Authentication
Hundreds of thought leaders from every corner of the industry will come together at the 2022 Payments Summit, hosted by the
SimplyPayMe Integrates Smart Engines’ AI-based OCR for Credit and Debit Card Scanning
- 2 years 4 months ago
- Payments, Credit Cards
The global payments company, SimplyPayMe, has integrated a software product through Smart Code Engine for credit card scanning in their mobile app. The integration enables SimplyPayMe merchants to receive frictionless, contact-free card payments through a software-based Point-Of-Sale (POS) system without having to manually type in numbers.
Monneo Launches New Card Acquiring Service
- 2 years 4 months ago
- Transaction Banking, Payments
Virtual IBAN and corporate account provider, Monneo, is excited to announce the launch of its new card acquiring service. The development allows the company to offer a full payment ecosystem to its customers and represents a true end-to-end solution.
Modern Exchange Co. Partners with Nium to Enable International Payments to Key Markets Globally
- 2 years 4 months ago
- Payments
The partnership will enhance Modern Exchange Co’s cross-border payments experience from Oman to all major currencies
Every Day is a Payday: UKG Brings Earned Wage Access to Indian Employees via Rain Partnership
- 2 years 4 months ago
- Payments
UKG (Ultimate Kronos Group), a leading global provider of human capital management (HCM), payroll, HR service delivery, and workforce management solutions, today announced a strategic partnership with Rain India, an earned wage access (EWA) and financial wellness provider to the Indian market.
Privat3 Money Partners with ClearBank to Bolster Accounts and e-wallet Functionality
The payments fintech is using ClearBank’s infrastructure to enhance its digital offering to its high net worth clients.
Elavon Selects Liberis to Offer Financing Solution
- 2 years 4 months ago
- Payments
Partnership supports Elavon’s UK SME customers with personalised, convenient funding Global payments company, Elavon, has partnered with Liberis, a global leader in providing embedded finance solutions, to offer funding for Small-to-Medium-sized enterprises (SME) in the UK.
Fintech CEO: Tim Cook Latest Celeb Tech CEO to Promote Crypto
- 2 years 4 months ago
- Cryptocurrencies
Last month, Apple CEO Tim Cook made news when he told the world at the New York Times DealBook conference that he was invested in cryptocurrency, though noted that he wasn’t giving out investment advice to others. He also noted that he was not committing Apple to participating in cryptocurrencies in any way. His investment came after an interest in digital assets led to further research, he said.
Cryptocurrency Exchange Bitmart Allegedly Loses Nearly $200 Million-Worth Assets in Hack
- 2 years 4 months ago
- Cryptocurrencies, Cybersecurity
Cryptocurrency exchange Bitmart has emerged as the latest victim of a severe hack attack. An alleged $196 million (roughly Rs. 1,479 crore) stored as various cryptocurrencies have been stolen from Bitmart in this attack. The stolen tokens were directed to the unidentified hacker(s) hiding under the pseudo name of “Bitmart Hacker”. The breach that happened on the evening of Saturday, December 4 gained traction after security firm PeckShield... more
FOMO Pay Introduces COBO and POBO Capabilities in Partnership with Banking Circle
FOMO Pay, the leading Singapore one-stop payment solution provider, today embarked on a partnership with Luxembourg-headquartered licenced bank Banking Circle, to enable Collection on Behalf of (COBO) and Payment on Behalf of (POBO) services for FOMO Pay’s corporate clients in APAC.
