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Revolut Launches in USA
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Revolut Launches in USA

Revolut launched its Financial App and debit card in the United States. Since hinting at the launch last year, Revolut claims it already attracted tens of thousands of U.S. customers. Revolut launched in 2015 with a vision to build a Financial Super App – a single app where consumers can […]

Thoughts on the market rout, compliance and working from home
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Thoughts on the market rout, compliance and working from home

  Having worked in the financial industry for 20 years, I always found it interesting how stock markets have been the proxy for gauging public fear. My first job was working as a trader at a Wall Street firm. The first taste I got about the connection between the markets […]

Cyber, cyber everywhere
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Cyber, cyber everywhere

Is your cyber strategy everywhere too? Organizations are embedding connected digital technologies in their information technologies, operational technologies, and end products, making cyber a top organizational priority. Innovating fast is now contingent on a well-orchestrated cyber program. IN the 21st century, the connective power of technology is giving rise to […]

SIX Group Selects Know Your Customer’s Solutions for Supplier Due Diligence
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SIX Group Selects Know Your Customer’s Solutions for Supplier Due Diligence

IX Group has selected Ireland and Hong Kong-based RegTech provider Know Your Customer to strengthen its procurement process and better assess the risk associated with its international suppliers. By utilising Know Your Customer’s due diligence platform, SIX Group is looking to increase the accuracy of its risk calculations on suppliers that […]

Apple Pay is on pace to account for 10% of all global card transactions
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Apple Pay is on pace to account for 10% of all global card transactions

Apple’s mobile wallet is gobbling up a growing chunk of card payments around the world. As the service grows, it’s becoming a greater challenge to rivals like PayPal and attracting the attention of competition watchdogs. Apple Pay accounts for about 5% of global card transactions and is on pace to […]

PayPal highlights Venmo profit strategy
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PayPal highlights Venmo profit strategy

PayPal reports that peer-to-peer payments tool Venmo is on a path to profitability. In a fourth-quarter earnings report Wednesday, PayPal CEO Dan Shulman told investors the company is pushing ahead on its Venmo monetization strategy. Key enablers include Pay with Venmo, which allows consumers to use the tool to pay […]

Big Tech will push deeper into finance this year
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Big Tech will push deeper into finance this year

Technology giants from Google to Apple are looking to take on the financial services industry. Last year, Apple debuted its credit card; in 2020, Google is set to launch consumer bank accounts. But Big Tech companies share one thing in common: they don’t want to be regulated like banks. Big […]

Crypto exchange and wallet platform Edge expands to Australia, Israel and Nordic Countries
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Crypto exchange and wallet platform Edge expands to Australia, Israel and Nordic Countries

Non-custodial crypto exchange and wallet platform Edge has released its 1.9.1 version which includes integrations with new partners: Banxa, Bits of Gold, CoinSwitch, FIO, Safello, and Tezos. The latest update enables full-service offering usage and payment methods in new regions, allowing users to effortlessly access and trade different digital currencies. […]

The one job in banking the robots can’t take
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The one job in banking the robots can’t take

Regulators, frustrated with the slow speed of change, have encouraged banks to deploy more technology. Picture: Shutterstock When HSBC thwarted a $500 million central-bank heist, sophisticated computer software didn’t raise the alarm. The funds flowed undetected from Angola’s reserves to a dormant company’s account in London. It was a teller […]

Paychex launches cyber liability product
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Paychex launches cyber liability product

Paychex has launched cyber liability protection which will help companies with costs from data breaches, hackers, ransomware and banking fraud. The new policy helps businesses mitigate the potential financial impacts of cyberattacks, with access to 24/7 crisis management. Policyholders get protection for potential fines or penalties from state or federal […]