Archive

Can BIN Attacks be Consigned to the Trash?

Recently, Mastercard noted a “sharp increase” in Bank Identification Number (BIN) attacks and they’re not alone. Previously published data indicates that as many as 300 card issuers around the globe are impacted by automated fraud attacks every month and with

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Standard Chartered Selects AWS’ Cloud Services in 60 Markets

Standard Chartered Bank has signed on Amazon Web Services (AWS) for a five-year agreement to run its banking systems and customer-facing applications on the latter’s cloud infrastructure. The partnership deepens the existing relationship between the two companies to deliver new

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Remitano Makes Cross-Border Money Transfer Much Easier With the “Cash-Out” Feature

To simplify banking and meet its users’ Remittance needs across the globe, Remitano, a global escrow-marketplace, has just launched a smart, free, and safe approach for cross-border money transfers. This system will allow Malaysians to send and receive Malaysian Ringgit

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Tricks That Day Traders Use to Control Their Emotions

Forex day traders use a shorter timeframe for their trading, which is quite stressful. There are several problems that a beginner may face when he wants to enter the market as a day-trader or chooses a shorter timeframe. Let us

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MAS Plans to Strengthen eKYC Amid Rising Identity Scam Cases

The Monetary Authority of Singapore (MAS) issued a consultation paper on the types of information required for non-face-to-face verification of an individual’s identity or better known as eKYC by the industry. These proposed requirements come against the backdrop of rising

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Grab Doubles Down in Indonesia With Investment in E-Wallet LinkAja and New Tech Center

Grab doubles down on Indonesia by leading a Series B funding round worth US$100 million in Indonesian e-wallet LinkAja and the establishment of a new Tech Center. The funding round includes investments from Telkomsel, BRI Ventura Investama, and Mandiri Capital

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Swiss Zühlke Group Appoints HK and Singapore Lead to the Executive Board

Zühlke Group, a Swiss innovation service provider, has appointed Jonas Trindler as the CEO of Zühlke Asia and Aleksandar Marjanovic as the CEO of its Global Delivery Centers from next year onwards. The Asian market and the expansion of Zühlke’s

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MAS Offers $35 Million Grant to Ease Regulatory Reporting for Smaller Financial Institutions

The Monetary Authority of Singapore (MAS) has launched a S$35 million Productivity Solutions Grant (PSG) for the financial services sector to help smaller financial institutions adopt digital solutions for more streamlined data reporting to MAS. Supported by the Financial Sector

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15 Upcoming Fintech Webinars and Virtual Events to Watch Live in APAC Time Zones

With the ongoing COVID-19 pandemic, a growing number of webinars and virtual events are being hosted to provide industry participants with networking opportunities all the while ensuring people’s health and safety. For those stuck at home but who still want

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Smart Home Payments Transaction Value to Skyrocket, Driven by Voice Assistants

The total transaction value of smart home payment will exceed $164 billion in 2025, from $22 billion in 2020 according to a new study by Juniper Research. This was outlined in its Assessing the Smart Home Payments Opportunity whitepaper. The

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