September, 2024

WazirX hacker launders $10 million through Tornado Cash
The hacker responsible for stealing over $235 million from the Indian crypto exchange WazirX has transferred around $10 million through sanctioned Tornado Cash in the past 24 hours, according to block...

Paypal Tackles In-Store Payments With ‘PayPal Everywhere’
PayPal is integrating its debit card with Apple Wallet to enter the in-store payment arena. The company announced its omnichannel “PayPal Everywhere” solution Thursday (Sept. 5), and with it ...

AI Startups SSI, You.com Secure Funding; HP Reports Strong AI Sales
The artificial intelligence sector remains a focal point for investors and tech companies, as evidenced by three announcements this week. A startup focused on AI safety founded by a former OpenAI exec...

Jaggaer and Bottomline Partner on B2B Payments
Jaggaer and Bottomline have partnered to provide companies with more payment options for B2B transactions. Bottomline’s Paymode business payment network and its Premium ACH offering, virtual card an...

Small Businesses Tap FinTech Innovations to Close Big Digital Transformation Gap
While no two small and medium-sized businesses (SMBs) are alike, many face similar challenges. And those challenges tend to be related to the widening gap in digital transformation when it comes to t...

Ex-Wirecard CEO Ordered to Pay $155 Million Over Unpaid Loans
Former Wirecard CEO Markus Braun’s legal troubles are reportedly worsening. A judge ordered Braun and two other executives from the defunct German payments company to pay $155 million in damages rel...

Nvidia Contributes to $160 Million Applied Digital Funding Round
Data center operator Applied Digital is the latest company benefiting from investors’ artificial intelligence appetites. The firm raised $160 million in a financing round that included backers like ...

ADP: Private Sector Job Creation Slows for Fifth Consecutive Month
The labor market continued to cool in August, with job creation among private employers slowing for the fifth consecutive month and wage growth remaining flat. So said human resources (HR) and payroll...

Visa’s New A2A Offering ‘Opens’ Choice and Security Via Direct Bank Transfers in the UK
Direct debits have been popular through the decades — across a variety of use cases — especially when it comes to bill payments and subscriptions. Enterprises withdraw money from accounts accordin...

Trustly and Newline Partner to Facilitate Money Movement in US
Trustly and Newline by Fifth Third have teamed up to facilitate money movement in the United States. This collaboration brings together Trustly’s open banking payments and Newline’s embedded payme...

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September, 2024

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