Cash App customers may be able to claim more than $2,500 each as part of a $15 million class-action settlement for data and security breaches at the mobile payment service. People whose accounts were accessed without their authorization or who had fraudulent withdrawals or transfers can file
Apple's agreement to open its NFC technology for contactless payments on iPhones to third-party developers marks a significant change in mobile payment dynamics. This landmark decision, initiated under pressure from European regulators, ends the exclusive use of Apple Pay for mobile payments
The dynamic landscape of cybersecurity is continually evolving, and Singapore is taking bold steps to enhance the protection of its online banking customers. With the Monetary Authority of Singapore (MAS) and the Association of Banks in Singapore (ABS) spearheading a shift from one-time passwords
The transformation of digital payments in Pakistan is on the horizon as Paysys Labs and Raqami Islamic Digital Bank join forces. This partnership aims to revolutionize the financial landscape by integrating real-time transaction systems, enhancing security measures, and focusing on customer-centric
Apple has initiated a groundbreaking change by unlocking the NFC chip in iPhones for third-party app developers, paving the way for iPhones to enable a tap-to-pay feature for the USDC stablecoin. Historically, the NFC chip was reserved exclusively for Apple Wallet and Apple Pay, limiting its use in
The fintech industry is abuzz with excitement following GoCardless' groundbreaking decision to join the SEPA Payment Account Access (SPAA) scheme. This strategic move has already sparked conversations about its far-reaching implications for the European payments landscape. The collaboration
