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Tencent’s TenPayGo Connects Foreign Payments to WeChat Pay
Tencent is preparing to make China’s digital payments ecosystem more accessible to international travelers with a new app designed to...
How Banks Are Fighting the Scourge of Money Mules
Money mule activity, long associated primarily with money laundering, now fuels a wide range of scams, including identity fraud, payment...
EMVCo Proposes Standards for Stronger Payment Authentication
EMVCo has released a draft framework that could pave the way for a universal standard for verifiable digital credentials in...
FTC Reports Record Fraud Losses, Warns of Bank Imposter Scams
The U.S. Federal Trade Commission (FTC) reported that total fraud losses reached an all-time high of $15.9 billion last year—an...
Google Cuts App Store Fees, Opens Up External Payments
In a landmark win for app developers, Google will reduce its Google Play fees and allow developers to use external...
AI Could Breach Cybersecurity Defenses, Intelligence Alliance Warns
An international intelligence alliance is warning that artificial intelligence could soon enable highly capable cyberattacks against governments and businesses, potentially...
India’s Skydo Targets North America in Cross-Border Payments Push
Cross-border payments have long been dominated by legacy banking networks, but a new generation of fintechs is challenging that model....
Study Finds Millions Lost to First-Party Fraud in Retail Returns
Consumers are exploiting merchants’ returns process in record numbers, and the costs are adding up. A study of UK retail...
Many EU Crypto Firms Aren’t Prepared for Looming MiCA Deadline
Europe’s Markets in Crypto Assets (MiCA) legislation is a landmark crypto regulatory framework, but most of the region’s crypto firms...
Preparing for Quantum Day and the Risks to Modern Cryptography
Quantum computing may still be years away from breaking cryptography, but powerful quantum computers are rapidly advancing, and their impact...
For Top Issuers, Credit Cards Are Just the Starting Point
Credit cards were once relatively straightforward products: banks extended credit, consumers spent money, and issuers earned revenue from fees and...
Revolut Continues Global Expansion with UAE Approvals
Revolut is expanding its presence in the Middle East receiving approval to operate in the United Arab Emirates, a key...
