In what is likely the biggest cryptocurrency theft in history, hackers made off with more than $600 million by exploiting a vulnerability in the multi-chain DeFi protocol Poly Network, according to multiple media reports and Twitter. Get the Full Story Complete the form to unlock...
At first glance, the metal or plastic credit card’s place in the connected economy seems a bit … well, tenuous. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Not long ago, the digital shift was something people speculated about. The tools were in place, the tech was in line and the only question that remained was when lagging merchants would jump on the digital bandwagon. Get the Full Story Complete the form to...
Spend-management platform Airbase will be integrated with QuickBooks Desktop, a press release said Tuesday (Aug. 10), to help automate the company spend and the general ledger workflow. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Cross-border payment hub Tranglo has received new payment functions from the Monetary Authority of Singapore (MAS), the company shared in an announcement on Monday (Aug. 9). The approvals will enable the company to provide account issuance, domestic money transfer and e-money issuance services. Get the...
TNM Mpamba on Tuesday (Aug. 10) announced the launch of a Mastercard virtual payment solution that will enable its mobile money wallet customers to make safe local and international eCommerce transactions. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Global FinTech startup Rapyd announced on Tuesday (Aug. 10) that Thailand’s Google Play users will now have access to PromptPay payments, starting from August 2021. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
As ransomware has increased in proliferation, so has the amount paid on average to the criminals, a Computer Weekly report says, citing data from the Palo Alto Networks Unit 42 security consulting group. Get the Full Story Complete the form to unlock this article and...
The Bank of Jamaica (BOJ) minted the first installment of what’s expected to be 230 million JMD (nearly $1.5 million) in central bank digital currency (CBDC) on Tuesday (August 10). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
