Company News

Overall spend on Australian cards in 2020 was down by 2.2% - the first recorded drop – but the overall value of card fraud increased by 0.6%.

A survey by fraud prevention solutions provider Riskified has found 82% of retailers believe they have seen a climb in fraud attempts since the start of the Covid-19 pandemic.

Canada-based mobile-first travel marketplace Hopper completed a $175m Series G financing.

A trial conducted by central banks in Thailand and Indonesia will see the implementation of cross-border QR payments across both countries.

Branch, which has built a flexible workforce payments platform, raised $48m in Series B funding and closed on a $500m credit facility.

London-based PayTech firm Sokin has introduced the first subscription-based global payments solution in the UK and European markets.

Wealth management institutions have been dealing with greater complexity in areas of compliance and regulation. As the number of jurisdictions increases, so does potential liability and, as a result, global companies must embrace digitalisation to stay clear of legal hot waters.

A blogpost by RegTech firm Cognitive View has detailed the security and compliance risks that come with using video communication tools while working remotely.

South Korea’s Financial Services Commission (FSC) has revealed it is set to establish a virtual asset division within the Korea Financial Intelligence Unit (KoFIU).

Interpol has warned that organised crime groups are attempting to defraud governments by offering fake Covid-19 vaccine deals.