Apple Pay has been hit by a number of fraudulent transactions using credit card data previously stolen from big retailers including Target and Home Depot.
It seems the correspondent banking sector is excited about the potential of Bitcoin to speed up and simply international transactions.
Fraudulent accounts and credit cards are a huge problem for banks, but fraudsters can trip themselves up by seeming too familiar with the sign-up process.
Amazon has opened a store on Alibaba’s business to consumer platform in order to establish a bigger presence in the Chinese e-commerce market.
Global money transfer company TRANSFAST is launching an instant deposit service with three Kenyan banks and mobile money provider M-Pesa.
A flurry of investment in lending tech startups and a handful of mammoth IPOs have taken the value of the alternative lending sector up to $1 trillion.