Fraud hit record highs over the past year amid unprecedented digital engagement, with each online interaction giving bad actors an opportunity to impersonate legitimate customers...
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Gojek finalized its acquisition of Tokopedia to form GoTo Group, Indonesia’s biggest technology group. Aside from ride-hailing and food delivery, the combined entity will also...
Canadian startup Framework Ventures — the biggest venture capital (VC) investing firm focusing on blockchain decentralized finance — raised $100 million for its second fund,...
The U.S. Department of Justice is conducting a civil probe into whether some FinTechs distributing federal Payroll Protection Program relief botched loan sizes, Reuters reported,...
Nuvei Corp. of Montreal, a financial technology company, intends to buy Simplex, a FinTech catering to the cryptocurrency industry, for about $250 million. Get the...
In today’s top news, PayPal’s earnings exceeded expectations as the firm sets its eyes on building a super app, and Chime has to drop the...
The Federal Reserve Board has invited comment from the public on proposed guidelines to evaluate requests for accounts and payment services at Federal Reserve banks,...