Hackers steal more than $90m from Liquid crypto exchange
Japanese cryptocurrency exchange Liquid says hackers have compromised some of its wallets and stolen more than $90 million.
Americans trust banks over fintechs and Big Tech with personal data
Americans trust traditional banks more than government agencies or fintechs - and far more than Big Tech - to safeguard their personal data, according to a BIS survey.
European Payments Council issues RfP for real-time malware platform
The European Payments Council has issued a Request for Proposal to find an outsourced service provider for a new Sepa-wide Malware Information Sharing Platform to address real-time payments fraud risks.
Square buys $170 million worth of bitcoin
Source: Square
Square, Inc. (NYSE: SQ) has posted its results for the fourth quarter and full year of 2020 on the Financials section of its Investor Relations website at investors.squareup.com and filed these results with the Securities and Exchange Commission.
Square's Dorsey hits out at FinCen crypto rulemaking proposal
Source: Square
Re: FinCEN Docket No. FINCEN-2020-0020, RIN 1506-AB47. (Proposed Rulemaking on Requirements for Certain Transactions Involving Convertible Virtual Currency or Digital Assets.)
PayMongo and Vesta partner to offer fraud and risk detection for online payments in the Philippines
Source: PayMongo
PayMongo, a Manila-based online payment processing platform, today announced its partnership with Vesta, a fintech pioneer in fraud protection and fully guaranteed payment technologies, to further enhance the company’s advanced fraud detection capabilities.
Mastercard taps AI to help banks fight off cyber risks
Mastercard has unveiled an AI-powered suite of tools designed to help banks assess cyber risks across their ecosystem and prevent breaches.
Target2 experiences total system failure, Sepa payments delayed
A complete failure of all payment transactions within the Target2 system was experienced for several hours on Friday, with backup systems and contingency modules also initially unable to function.
