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Daily Fintech Series Roundup: Top Fintech News, Analytics and Insights

Daily Fintech Series Roundup: Top Fintech News, Analytics and Insights 1st March 2023

FTS Daily Roundup starts today! We are covering the top updates from around the world. The updates will feature state-of-the-art capabilities in Fintech insights, Trending fintech news, Crypto, Fintech SaaS, Fintech Cloud, Analytics and AI ML. We will cover the role of FTS Daily Roundup and its application in various industries and daily.

JCB and East West Banking Corporation Announce the Launch of EastWest JCB Credit Card

JCB International Co., Ltd., the international operations subsidiary of JCB Co., Ltd., Japan’s only international payment brand, and East West Banking Corporation announce the launch of EastWest JCB Credit Card, a first for JCB in the Philippines in 25 years.

Kaspersky Reports More Than 230% Growth in New Malicious Crypto Mining Programs

In Q3 2022, Kaspersky observed a sharp, 230% increase in crypto miner variants, compared to the same period last year. The number of new variants exceeded 150,000. Remaining hidden for months, cybercriminals use the processing power of the victim’s computer to mine cryptocurrency, with incomes reaching up to $40,500 (2 BTC) per month. Monero (XMR) is the most popular cryptocurrency for malicious mining.

Island Pay Launches First-Ever Digital Currency Tourist Wallet and Small Merchant Apps to Help Drive Economic Growth

Island Pay, one of the world’s leading digital currency technology companies, is pushing to drive increased tourism to The Bahamas and is aiming to help small merchants become a larger part of the financial ecosystem with the launch of the world’s first ever digital Tourist Wallet App and the Small Merchant App.

IDEX Biometrics and Enqura to Launch Biometric Smart Cards in Turkey

IDEX Biometrics ASA and Enqura are collaborating to jointly develop and market biometric smart cards for digital authentication in Turkey. Enqura Information Technology is an ID verification solution provider with a strong client portfolio ranging from international and regional banks such as HSBC, Odeabank (Bank Audi), Burganbank, finance companies like ALJ Finance and investment companies like QNB Finans Invest.

Zelis Acquires Payspan, Strengthens New Zelis Advanced Payment Platform and Expands Market Presence

Zelis, a company modernizing the business of healthcare, announced the completion of its acquisition of Payspan, a leader in healthcare electronic payment and reimbursement automation services. The U.S. healthcare system is complex, with disjointed and often challenging financial processes.

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