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Visa-Owned Fintech Startup Slammed With Class Action Lawsuit for Data Breach
A class action by aggrieved users of various payment apps such as Venmo, Square’s Cash App, and Stripe filed a lawsuit against Visa-acquired ...
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Teflon Thailand is primed for Israeli innovation solutions
The economic relations between Israel and Thailand are blossoming like never before. But for Dagan Alony, head of Israel’s Economic and Trade Mission ...
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EU approves Turkish firms’ tech projects
The EU Commission is giving backing to a number of Turkish firms’ tech-related projects, said the Scientific and Technological Research Council of Turkey ...
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MTN in big e-commerce play with Mobile Money
MTN has rolled out a new feature of its Mobile Money service that will allow South African consumers to make purchases online using their ...
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FirstBank enhances FirstMobile app with new features
First Bank of Nigeria Limited has announced that its mobile banking application, FirstMobile has been upgraded with new and improved features to promote ...
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Lebanese central bank’s accumulated losses reach $49 billion, says report
Dubai: The International Monetary Fund (IMF) has warned Lebanon that its central bank has accumulated losses of as much as $49 billion, as divisions ...
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Orion merges with Brinker Capital to form $40 billion TAMP
Orion Advisor Solutions is merging with competing turnkey asset management platform Brinker Capital to create an investment management firm and technology provider with ...
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Banks tighten processes amid Wirecard scandal
MANILA, Philippines — Philippine banks are further tightening procedures after two of the country’s lar-gest lenders were dragged into the reported $2.1 billion ...
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Bank credit of conventional banks in Oman increases by 2.2%
The combined balance sheet of conventional banks denotes an annual growth of 2.2 per cent in total outstanding credit as on end-April 2020. ...
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Credit card industry reins in balance-transfer offers as banks from JPMorgan to Amex fear defaults
Banks have pulled back from a popular credit card promotion on concerns that borrowers struggling during the coronavirus crisis may leave them with ...