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Petty Cash Reconciliation: Best Practices & Automation

Petty Cash Reconciliation: What is It, Best Practices, and AutomationPetty cash, also referred to as a small cash fund, is a fixed amount of...

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Ransomware Groups Claim Hits on Hyundai Motor Europe and a California Union

Hyundai Motor Europe and a California union separately this week revealed they had suffered cyberattacks last month and lost data to the respective threat...

German police reportedly seizes $2.1B worth of Bitcoin (BTC)

Police in German have seized 50,000 bitcoin (BTC) worth over $2.1 billion.  The seizure relates to an...

OCBC Enhances Digital Security, Extends OCBC Money Lock to Time Deposits – Fintech Singapore

From January 31, OCBC Singapore is set to expand its OCBC Money Lock ‘kill switch’ service to time deposits. This follows its successful implementation...

Nexo seeks $3 billion in damages from Bulgaria

Nexo says the investigations tarnished its reputation and hampered its growth. Bulgarian authorities dropped the Nexo case...

YouTrip Quadruples Wallet Size to S$20K, Spending Limit Now S$100K – Fintech Singapore

Singapore-based multi-currency e-wallet YouTrip has announced a substantial increase in wallet holding and spending limits for its users effective immediately. YouTrip users can now hold...

Biggest Crypto Exploits and Hacks of 2023 – Decrypt

Hacks and exploits continued to plague the crypto industry in 2023, with billions of dollars lost as crypto criminals took advantage of weak security. The...

Bulgaria closes investigation into Nexo for lack of evidence

Bulgarian prosecutors have ended the criminal investigations into crypto lender Nexo. A report published on Friday said...

Open banking must step up its fraud prevention

Through open banking, the European Union continues to embrace its interconnected financial ecosystem; connecting, collaborating and sharing customer data instantly. Yet, the risk of fraud...

Worldcoin Introduces World ID 2.0: Revolutionizing Digital Identity Verification

The development of World ID 2.0 represents a huge step forward in the realm of decentralised identity verification. Worldcoin, a notable company in the...

Independent Reserve and RelayPay Enable Crypto Payments for Aussie, NZ Firms – Fintech Singapore

by Fintech News Singapore December 5, 2023 Australian cryptocurrency exchange Independent Reserve has forged a new partnership...

The state of security in digital banking

As a founding principle in the creation and subsequent evolution of banks, the importance of security cannot be understated. It is this importance that...

OCBC to Launch ‘Money Lock’ That Restricts Digital Access to Locked Funds – Fintech Singapore

by Fintech News Singapore November 27, 2023 OCBC Bank in Singapore is set to launch a new...

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