Sections
Travelex
-
Security & FraudFinablr Hires Firm To Investigate Potential Wrongdoing
After discovering over $1 billion in hidden debt in May, Finablr has hired law...
-
Real EstateTravelex Founder Buys London Office Space, Expressing Optimism In Market
Travelex founder Lloyd Dorfman, in a show of confidence in the U.K. capital's office...
-
Partnerships / AcquisitionsTravelex Ditches Sale After Banks Reject Offers
Foreign exchange giant Travelex is pulling its offer of sale to prospective buyers after...
-
Security & FraudLondon's Finablr Finds $1B In Debt Charged To Company
Finablr has uncovered around $1 billion in debt hidden from its board, in the...
-
NewsToday In Payments: PPP Loans Could Trigger Treasury Investigation; SMBs...
In today’s top news, Treasury Secretary Steven Mnuchin said companies that received Paycheck Protection...
-
BusinessHobbled By Hackers And COVID-19, Travelex Goes Up For Sale
Travelex, the British foreign exchange company, is seeking a buyer, the Financial Times (FT)...
-
Security & FraudTravelex Reportedly Paid $2.3M Ransom To Hackers
Travelex, the foreign exchange company that was crippled by hackers on New Year’s Eve,...
-
CoronavirusTravelex Temporarily Closes British FX Offices
Amid fears over COVID-19, Travelex is closing down British bureaus for approximately eight weeks...
-
Security & FraudTravelex Parent Finablr On Verge Of Collapse
Payments company Finablr has said that it could be in danger of collapsing, and...
-
MarketsFinablr Exploring Options After NMC Health Link Tanks Stock
Finablr, which owns a number of currency-exchange businesses, including Travelex, is weighing its options...
-
EconomyCoronavirus: Costco Sees Lines Over The Weekend, Goldman Sachs Tells...
The coronavirus has wide-reaching effects on warehouse clubs, business travel, tourism and the economy...
-
Security & FraudData Shows 41 Pct Hike In Ransomware Attacks In 2019
Ransomware hackers are striking more frequently, taking down computer networks across businesses, hospital and...
-
Security & FraudTravelex Back Online After Cyberattack
Money travel service Travelex is back online after a cyberattack forced it to use...
-
Security & FraudDozens Of US Firms Had Same Security Flaw As Travelex
The vulnerability that allowed Travelex to be attacked by hackers has existed at many...
-
Security & FraudTravelex Systems Back Online; Customers Receive Refunds
Foreign exchange company Travelex is back online with some of its electronic services after its...
-
B2B PaymentsThe B2B Payments Fraud Threat Of Internal Employees
It was a difficult week for businesses getting hit with cyberattacks, with foreign currency...
-
Security & FraudTravelex Checking Employees’ Computers For Signs Of Ransomware
Some employees of Travelex, a company that was recently hit with a ransomware attack,...
-
Security & FraudThe Troubling Ripple Effects Of The Travelex FX Hack
It might make sense that as commerce goes ever global, and as banks do...
-
Security & FraudTravelex Attack Forces Shutdown Of Samsung Pay’s Cross-Border Transfers
A New Year’s Eve ransomware attack on Travelex continued to affect global businesses and...
-
Security & FraudTravelex Attack Forces UK Banks To Halt Foreign Currency Service
Lenders including Barclays, HSBC, Royal Bank of Scotland and Virgin Money had to stop...
-
Security & FraudTravelex Foresees No Financial Impact From Ransomware Attack
Travelex, a foreign exchange and payments company, was thrown into chaos around New Year’s...
-
Security & FraudUK Police Investigate Travelex Ransomware Attack, Ransom Demand
The alleged perpetrators of a cyberattack on Travelex, the "world’s largest retail currency dealer,"...
-
Security & FraudTravelex Goes Offline Following Cyberattack
Retail currency dealer Travelex was offline on Thursday (Jan. 2) after being infiltrated by...
-
InternationalSamsung Pay, Finablr Launch In-App International Money Transfer
Global payments platform Finablr is partnering with Samsung Pay for app-based cross-border payments, Finablr...
-
B2B PaymentsFinTech/API Efforts Gain Ground in Europe
Open banking is opening doors for FinTech and FI collaborations, where cross pollination of...
-
B2B PaymentsTravelex Launches Global B2B Payments Platform
Travelex, part of the United Arab Emirates-based Finablr, is rolling out a FinTech business-to-business...
-
Today In DataLiving Up To The Hype (Or Not)
The hype is everywhere. It’s easy to get swept up in a world full...
-
Partnerships / AcquisitionsMore Than A Merger: The Finablr Vision
Portmanteau: /noun/ A word that blends the sounds and meanings of two other words,...
-
InternationalTravelex And UAE Exchange Owner Eyes IPO
Billionaire Bavaguthu Raghuram Shetty is combining Travelex and UAE Exchange under one parent company...
