Brazil Will Unlock Instant Payments in November 2020
The payments industry in every country needs to evolve over time. In Brazil, the launch…
Finance
Coronavirus Outbreak Threatens the Survival of Millions of Chinese Firms
The coronavirus outbreak has many different consequences. Outside of people’s health, the ongoing epidemic also…
Fiserv wants to transform mobile payments through SoftPOS solution
Mobile payments are a very popular trend globally. To make this payment method more secure,…
Bulgaria holds off on adopting the Euro as a national currency
Several dozen countries are labeled as EU member states. Not all of them effectively use…
ECB warns European banks to step up their compliance efforts
The European Central Bank keeps expressing its various concerns. In the latest update, the institution…
Coronavirus forces DBS to evacuate 300 employees in Singapore
The coronavirus outbreak has affected many aspects of daily life. For DBS, evacuating part of…
N26 will exit the UK challenger bank space come April 2020
Banks and other financial institutions find themselves in an awkward position these days. For N26,…
Scotiabank prepares for the quantum computing era by exploring encryption alternatives
Quantum computing is destined to make a big impact on society. Scotiabank is preparing for…
7-Eleven has high hopes for its cashierless store experiment
There are many ways in which technology can change the daily lives of consumers. 7-Eleven…
UK eBay users lose over £1 million in PayPal scams during Q4 2019
Fraud and scams remain two very pressing problems in finance. Despite numerous efforts, this type…
WorldRemit taps Alipay for its mobile-first international payments service
The remittance industry can be disrupted in many different ways. WorldRemit is using a very…
Bakkt thinks it can fix the broken loyalty points ecosystem
Cryptocurrency users have become accustomed to Bakkt in recent months. While the company provides exposure…
German banks massively hoard cash due to negative deposit rates
Negative deposit rates threaten the financial stability of major banks. In Germany, it seems that…
Operator of darknet marketplace Cardplanet faces up to 15 years in prison
Dark web marketplaces are on the radar of government agencies. Cardplanet, a market for stolen…
Lebanon may be Running out of Financial Reserves in 2020
The financial situation in Lebanon isn’t well-documented. It is one of the many regions often…
Karen Karniol-Tambour: “Viable Global Alternatives Will Inevitably Dethrone the US Dollar”
Virtually all of the world’s economy hinges on the US Dollar. This has created a…
Various Revolut Users Struggle to Access or use Their Bank Accounts
Being an active player in the financial sector is no easy feat. Even for challenger…
Indian Payment Card Issuers to Disble Contactless and International Transactions by Default
A lot of changes are coming to India’s financial ecosystem. Particularly where payment cards are…
4 Reasons to Choose Monzo Over Traditional Banks
When it comes to challenger banks in the UK, several big names are competing for…
Research Into Central Bank Digital Currencies Takes Shape in the US
There have been numerous discussions regarding central bank digital currencies. China appears to be the…
Turkish Banks Transfer Gold via the BiGA Digital Currency
Banks across Turkey are conducting an intriguing experiment. They are now transferring a digital currency…
Criminals Steal Credit Card Data From an Australian Bushfires Donations Site
Criminals will look for any possible weaknesses to make money. Using donation-based events to harvest…
MoneyGram Names EbixCash as its Exclusive Remittance Partner in India
Remittance companies prepare to take the next step. MoneyGram currently eyes India as a crucial…
Russia Eyes the African oil Market as a Crucial Investment Strategy
Oil remains one of the hottest commodities on the market. While most banks are looking…
Travelex “Attack” Forces UK Banks to Suspend Foreign Currency Services
The vast majority of UK banks tends to suffer from IT outages on a regular…