June 08, 2023
Security Goes Seamless as Frictionless UX Modernizes B2B Authentications
Authentication is crucial to ensuring the inner workings of today’s digital world keep moving seamlessly. That’s because authentication hiccups can hamstring an organization, resulting in lost sales and costly customer...
June 08, 2023
Commonwealth Bank of Australia Begins Restricting Payments to Crypto Exchanges
Commonwealth Bank of Australia has started declining or holding for 24 hours certain payments to cryptocurrency exchanges. Within months, the bank will also begin limiting customer payments to exchanges for cryptocurrency purchases to...
June 08, 2023
GCash Parent CEO Says Firm Is ‘Ripe’ to Go Public
Philippines-based mobile wallet provider GCash is reportedly ready to go public. “We’re pretty much ripe for it,” Ernest Cu, president and CEO of GCash parent Globe Telecom, said in an...
June 07, 2023
Credit Card Competition Act Puts Merchants, Not Consumers, in Charge...
If at first you don’t succeed, try, try again. That seems to be the prevailing sentiment Wednesday (June 7) when it was announced that the Credit Card Competition Act legislation is...
June 07, 2023
Zaggle Launches ‘DIY’ Employee Expense Automation Platform for Growing Businesses
Indian B2B FinTech Zaggle has launched an employee expense automation platform designed for growing businesses. The new XPNS platform is designed to be a “do-it-yourself” solution that helps businesses transition from manual to automated expense processes...
June 07, 2023
UK Regulator: Banks Have Five Days to Reimburse Push Payments...
Authorized push payments (APP) fraud victims in the U.K. could soon see faster reimbursements. That’s according to Great Britain’s Payment Systems Regulator (PSR) which on Wednesday (June 7) announced new requirements for banks and...
June 07, 2023
Wirecard Trial Testimony: Ex-CEO Said Compliance Was ‘Crap’
Former Wirecard CEO Markus Braun was apparently not a big fan of compliance. During court testimony Wednesday (June 8), a panel of judges in Braun’s fraud trial heard that the...
June 07, 2023
It’s US Versus Them as SEC Suits Upend Crypto Optimism
Every crypto exchange is violating securities law, says the U.S. Securities and Exchange Commission (SEC). This, as the U.S. regulatory agency goes for the domestic digital asset sector’s throat with...
June 07, 2023
Report: Barclays Explores Payments Business Revamp
U.K. banking giant Barclays is reportedly considering major changes to its payments operations. The bank has spoken with consultants to determine whether it should expand some of its payments businesses or merge them with...
