Mastercard and Verizon Business have entered a strategic partnership aimed at bringing ‘transformational solutions’ to the global payments and commerce industry.
Visa has entered an agreement to purchase cross-border payments technology provider Currencycloud for a total of $700m.
The Bank for International Settlements (BIS) has published a paper underlining the challenges caused by rapid Big Tech growth in the financial services sector.
A survey by cybersecurity company Sophos has found that retail organisations have become a popular target for ransomware and data stealing during the pandemic.
The US Cybersecurity and Infrastructure Security Agency (CISA) has shared guidance on how the government and private sector can prevent ransomware data breaches.
The Singapore Exchange Regulation (SGX RegCo) has published a consultation paper that is suggesting bolstering disclosure requirements for company around climate risk.
Lithuanian FinTech Kernolab has raised $1m in a pre-seed funding round headed by venture capital firm Lighthouse Ventures.
PayMongo has appointed its COO Isabel Ridad as its acting CEO, following Francis Plaza stepping down from the position.
RegTech firm Eventus has appointed Jonathan Dixon as its new director of regulatory affairs for the EMEA regions.
Israeli FinTech Vesttoo has named Ami Barlev as its Interim CEO and closed a collateralised insurer amidst its fraud scandal.