Tag: money

In Q2 of 2023, the UK saw a rise in fraudulent activity with a loss of £593m, pushing the total stolen cash in the past year to almost £3.5bn.

Over half (51%) of people in the UK think physical wallets will become less relevant as digital payments continue to grow, according to new Mastercard research.

Wayapay, a remittance service tailored to the needs of immigrants from Africa, has reportedly launched its full-service digital bank and money transfer app.

Earlier this month, El Salvador became the first ever country to make bitcoin legal tender, alongside the US dollar. While this may spell good news for those who trade in the cryptocurrency, is El Salvador the first of many countries to legalise bitcoin or will it be a one-off?

Orum, which has built real-time money transfer infrastructure, has reportedly collected $21m in its Series A round.