15 February 2018 | Blockchain techs | Cryptocurrency | News | Regulatory news

Coinbase published a statement this week notifying its US users that it discontinues accepting new credit cards as a method to pay for cryptocurrencies on its platform. In the notice posted on its official blog page Coinbase added that debit cards are not affected by the new rules.

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14 February 2018 | Analytics | Financial fraud and hacking | News | Payments

In the report titled “Cost of Cyber Crime Study,” Accenture and Ponemon Institute cites the figures related to the losses and costs borne by financial companies as a result of continuous cyberattacks and, hence, in connection with the need to protect their systems against breaches.

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13 February 2018 | Analytics | Banking techs | Financial fraud and hacking | News

Recent report published by Reuters unveil that Russian financial institutions were victims to heavy cyberattacks with over 1 billion roubles ($17 million) stolen from the banks in the country during the previous year. Hackers allegedly used Cobalt Strike tool designed to test security of the networks, according to the statement made by the Russian central bank this week.

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12 February 2018 | Financial startups | Mobile payments | News | Prepaid cards

Application-based Monzon bank is holding preparatory negotiations with the authorities in the United States to expand its customer reach to the market. Tom Blomfield was talking to the CNBC reporters noting that the startup in at its early stage of conducting the research of the market and the discussions are held on the potential employment.

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9 February 2018 | Mobile commerce | Mobile payments | News | Payments

WhatsApp is conducting a pilot test in India to trial a new functionality enabling users to make payments online and send money to their families or friends in the contact list. No official comment or announcement was made by the mobile app creators, and the reports come from the sources with the knowledge of the matter.

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