Global efforts to prevent money laundering are both ineffective and incredibly expensive to maintain — and poor countries are the ones hit hardest by that cost, according to a commentary for Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy...
After reports last week that Gemalto had seen the encryption keys for its SIM cards stolen by the NSA and GCHQ , the Dutch company has officially responded that its products are secure. Get the Full Story Complete the form to unlock this article and enjoy...
China’s Tencent launched a version of its WeChat mobile chat service in Africa late in 2013, and now the chat-app giant has used WeChat Africa to make its first investment in an African startup: the “micro-jobbing” platform M4JAM, according to Ventureburn. Get the Full Story...
While Westerners celebrated the New Year in early January and are now a month and a half in to failing to live up to their various resolutions, the Chinese are just getting started. Get the Full Story Complete the form to unlock this article and...
Gemalto, the Netherlands-based firm that is also the world’s largest manufacturer of SIM cards, is currently investigating whether or not its encryption keys have been lifted by US and UK spies. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Visa is extending its reach in the online payments space through the addition of Visa Checkout to 16 markets across the globe in 2015. Customers in 10 countries can now sign up for Visa Checkout, but Visa announced yesterday (Feb. 19) that an additional six markets...
Lending marketplace Funding Circle is getting a lot more money to loan to small businesses. The U.K.-based company will get as much as $420 million to lend over the next three years from Chicago-based Victory Park Capital, the companies announced on Thursday (Feb. 19). Get...
The Swedish mastermind behind malicious software that was used to steal payment card data and passwords from thousands of computers pleaded guilty in a U.S. federal court on Wednesday (Feb. 18), Bloomberg News reported. Get the Full Story Complete the form to unlock this article...
Snapdeal, an Indian e-commerce marketplace, continues to expand with the acquisition of luxury items seller Exclusively.in, continuing its pursuit of capturing $2 billion in the gross merchandising value of online fashion, reports TechCrunch. Snapdeal’s acquisition also keeps it in step with competitor Flipkart, which had a...
