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A Year of Lockdown Sees a Surge in Mobile Malware Targeting Banking, Billing and COVID-19 Vaccines
Finance Mobile Banking News

A Year of Lockdown Sees a Surge in Mobile Malware Targeting Banking, Billing and COVID-19 Vaccines

Fintech News Desk
by Fintech News Desk0
McAfee’s latest Mobile Threat Report finds hackers capitalising on the pandemic to target unsuspecting consumers  News Highlights: McAfee’s new Mobile Threat Report reveals that 2021 is shaping up to be a year of malware misinformation and sneak attacks At the end of 2020 (Q4), total mobile malware detected by McAfee......
Covid-19 Spending Habits – Has The Pandemic Caused An Increase In Acquirer Fraud?
Digital Payments Guest Posts Risk Management

Covid-19 Spending Habits – Has The Pandemic Caused An Increase In Acquirer Fraud?

Justyna Bialobrzeska
by Justyna Bialobrzeska0
As the Covid-19 virus started to spread around the globe and a sharp economic downturn became apparent in many sectors, acquirers, and the financial institutions who maintain merchant accounts in order to accept card payments, faced a decline in the number of transactions being processed through their systems, and therefore......
Rising Expectation Of ‘Cashless’ Societies Worldwide: A Second Annual Report By The Economist Intelligence Unit (EIU), Shows Growing Acceptance Of Digital Currencies, Accelerated By Covid-19
Cryptocurrency Digital Digital Payments Featured News

Rising Expectation Of ‘Cashless’ Societies Worldwide: A Second Annual Report By The Economist Intelligence Unit (EIU), Shows Growing Acceptance Of Digital Currencies, Accelerated By Covid-19

Fintech News Desk
by Fintech News Desk0
Consumers are increasingly adopting cashless payment methods while governments are stepping up planning or piloting of central bank digital currencies (CBDCs) and companies are experimenting with accepting open-source digital currencies, such as Bitcoin, for treasury or portfolio allocation. A cashless trend was already strong, according to the previous year’s research......
In Law Firms and Accounting, Business Development and Marketing Take Hardest Hit from COVID-19, According to Global LexisNexis InterAction Survey
Finance Fintech News

In Law Firms and Accounting, Business Development and Marketing Take Hardest Hit from COVID-19, According to Global LexisNexis InterAction Survey

Fintech News Desk
by Fintech News Desk0
Majority of firms found business development to be more difficult, but high growth firms are investing more in marketing and business development Law firms and accounting and financial services (A&FS) firms both took big hits to their business development and sales efforts due to the Covid-19 pandemic with new strategies......
Embedded Finance Explored: How Financial Institutions Can Navigate New Territory Fintech Trends: Chinese Banking Giants Versus US / European Banks During COVID-19 How Retailers Can Expand Internationally, Whilst Protecting Themselves and Customers From Fraud
Banking Economy Featured News

Fintech Trends: Chinese Banking Giants Versus US / European Banks During COVID-19

Fintech News Desk
by Fintech News Desk0
Chinese banking giants are ahead of their counterparts in the US and Europe. The banking industry was always looking for a solid reason to build an automated crisis-proof infrastructure to adapt to an agile way of operations. The COVID-19 pandemic has changed that notion irreversibly forcing all major banks to......
Finance in Common Summit Spring Meeting: Public Development Banks Call for New Financing for Africa’s Recovery Post-COVID-19
Banking Capital Markets News

Finance in Common Summit Spring Meeting: Public Development Banks Call for New Financing for Africa’s Recovery Post-COVID-19

Fintech News Desk
by Fintech News Desk0
Participants in the meeting, hosted by the African Development Bank, brainstormed on joint actions that could help boost a strong and inclusive recovery in Africa A global coalition of public development banks today emphasized the urgency of immediate resources for Africa’s recovery post-Covid 19. Together, they committed to deepening cooperation......
COVID-19 Pandemic Proved that Underinvesting in Public Health Puts Lives and Livelihoods at Risk
Fintech Investments News

COVID-19 Pandemic Proved that Underinvesting in Public Health Puts Lives and Livelihoods at Risk

Fintech News Desk
by Fintech News Desk0
Chronic underfunding of public health system weakened the country’s COVID-19 response Chronic underfunding of the public health system was a key contributing factor in the nation’s flatfooted response to the COVID-19 pandemic, according to a new report, The Impact of Chronic Underfunding on America’s Public Health System: Trends, Risks, and Recommendations,......
FinTech Automation Named to WealthTech 100 List
Banking Business News

Oxford Bank Provided over $342 Million in PPP Loans for 1,354 Local Businesses Impacted by COVID-19

Fintech News Desk
by Fintech News Desk0
Nearly 20,000 Local Jobs Saved Oxford Bank announced today that it has processed 1,951 loans totaling $342,203,867 under the Small Business Administration’s Paycheck Protection Program (PPP) to help local small businesses support payroll and related costs, saving approximately 20,000 jobs within Southeastern Michigan. The average loan size was approximately $175,400. The PPP, which was......
paynearby
Banking Digital Payments News

PayNearby Aims To Handhold 10 Crore Citizens For Covid-19 Vaccine Registration From Kirana Stores

Fintech News Desk
by Fintech News Desk0
15,00,000+ small retail outlets to participate actively in vaccination drive  Strives to facilitate vaccine registrations across 17,500+ PIN codes  Create awareness and education around the immunization program, and provide a single click, easy to access COWIN registration from within the PayNearby app  Intends to tackle technology and language barriers among......
African Development Bank Approves $170M for Investment in Startups
Digital Finance Fintech News

African Trade Finance Sees $5 Billion In Portfolio Outflows In Q1 2020 Due To Covid-19, But Opportunities Exist – Report

Fintech News Desk
by Fintech News Desk0
The survey was conducted by African Export-Import Bank, jointly with the UN Economic Commission for Africa and the African Development Bank-hosted Making Finance Work for Africa Partnership Constrained global financial conditions caused by Covid-19 have led to massive portfolio outflows from Africa, exceeding $5 billion in the first quarter of......
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