Every day the Fintech Nexus News team writes original stories from around the world, and we archive them chronologically on this category landing page.
'It would be very strange for a fund the size of Softbank to change its investment policy due to losing part of its staff, no matter how key people are.'
While more people are shopping online, they are increasingly concerned about their digital security. Might passkeys be the answer? Quintin Stephen believes they will help.
Regulators have traditionally responded to bad actors in financial innovation by attacking the underlying technology versus those wielding it as a weapon.
Today, a new global report was released from Nasdaq and Oliver Wyman on illicit money flows and the numbers are sobering.
The Global Financial Crime Report quantifies the total amount of illicit financial activity and the number is an eye-popping $3.1 trillion. Included in this number is bank fraud covering payments, checks and credit card fraud which is estimated at around $450 billion.
HSBC has announced Zing, a new retail-focused service offering inexpensive foreign exchange.
The large banks. particularly in Europe, have mainly looked on with envy as startups like Wise and Revolut have built large businesses on the back of offering cheap foreign exchange to tens of millions of retail customers.