ION Reports Ransom Payment, According to Hackers
ION has reportedly paid a ransom, according to claims made by hackers.
Finextra’s Annual Recap
As 2022 comes to a close, we reflect on the year's most popular news articles, videos, and community engagement activities. Top News Stories of 2022...
Frax Unveils Tokenized Stablecoin Supported by BlackRock and Securitize
Frax aims to establish itself as the US digital dollar, positioning itself as "the world's most innovative decentralized stablecoin and DeFi stablecoin infrastructure." Decentralized stablecoin...
ChatGPT Analyzes ‘Fed Speak’ to Forecast Interest Rate Trends
A recent study conducted by researchers at Sheffield Hallam University reveals that large language models, such as ChatGPT, can effectively predict future interest rate decisions...
Digital Payments Surge in Europe, Yet Cash Remains Dominant at Points of Sale
While the use of digital payments is increasing in the euro area, cash still accounts for over half of all point-of-sale transactions, as indicated by...
MPs Claim APP Scam Reimbursement Plans are “Fundamentally Flawed”
UK lawmakers have criticized proposals that would transfer the responsibility for compensating scam victims to an organization backed by the banking sector, labeling them as...
Finextra’s Premier Impact Study Reports of 2022
As 2022 comes to a close, we reflect on our most downloaded impact study reports from the year. These reports serve as practical guides that...
DLocal Considers Potential Sale – Reuters
Unicorn Latin American cross-border payments platform dLocal is reportedly exploring a potential sale, according to Reuters. The Uruguay-based company has engaged Morgan Stanley to assess...
Tanzanian Money Transfer App Nala Expands Launch into the EU Market
This launch provides the African diaspora in Europe, the UK, and the United States with efficient and cost-effective options for sending money to Tanzania, Kenya,...
Bank-Supported EPI Completes Initial E-Commerce Transactions
The European Payments Initiative (EPI), a bank-backed initiative designed to create a competitor to Mastercard and Visa in Europe, has successfully completed its first e-commerce...