Cybersecurity risk for cryptocurrency wallets revealed
The alarm has been sounded regarding a vulnerability in some of the world's most popular cryptocurrency wallets.
Digital consumer spend could jump to almost $790bn in Europe and the US
New research from Juniper Research, the FinTech and e-commerce analyzing agency, reveals that consumers may be swapping cash for digital payments more often in the future.
Xendit secures $64.4m in its Series B round
Xendit, which designs digital payments infrastructure for Southeast Asia, has collected $64.6m in its Series B round.
Australian student payments app QPay bags $570k funding
Australia-based payments app for university students QPay has picked up $570,000 from Sydney Angels, weeks after launching its QPay MasterCard.
5 essential steps to secure digital payments
As digital payments continue to take the world by storm, Flagright has outlined the five essential steps FinTechs and neobanks can take to secure their digital payments.
Xendit enters unicorn club following Tiger Global-led Series C
Indonesia payments firm Xendit has reeled in $150m from a Series C funding round and has pushed its valuation over the $1bn mark.
Cannabis dispensary selects ARCA’s cash automation system to streamline back office finances
Ascend Wellness Holdings (AWH), a cannabis operator, has selected ARCA, a cash automation solution provider for financial institutions, retail businesses and self-service kiosks, to streamline its back-office cash management in its retail stores.
Klarna global revenue jumped by 31% in the last year
Swedish Klarna became Europe most valuable private FinTech unicorn in 2019 and has kept on growing since.
Traditional banks who don’t innovate could lose $280bn by 2025
The global payments industry could cash in on an additional $500bn by 2025, but at the same time old school bankers could lose $280bn of that by not adopting new technology.
SumUp collaborates with ZSL on new contactless fundraising tech
UK-headquartered FinTech SumUp has partnered with the Zoological Society of London (ZSL) to develop a digital in-house fundraising technology to make contactless donations.