December, 2024

December, 2024

SEC Fines Deutsche Bank Securities $4 Million for ‘Stale’ Suspicious Activity Reports
Deutsche Bank Securities agreed to pay a $4 million civil penalty to settle Securities and Exchange Commission (SEC) charges that it failed to file certain Suspicious Activity Reports (SARs) in a tim...

5 Ways 2024 Kicked Off A New Era for CFOs and Treasury Pros
The year 2024 has been nothing short of transformative for CFOs and treasurers, reshaping their roles into a blend of strategy, technology and operational precision. Here at PYMNTS, we talk to a lot...

UAE-Based CredibleX Raises $55 Million to Expand Embedded Finance Solutions
UAE-based startup CredibleX has raised $55 million in a seed round to grow and broaden its embedded finance solutions for small- to medium-sized business (SMBs). The company’s solutions are designe...

HKMA and UAE Central Bank Strengthen Financial Ties in Bilateral Meeting
The Hong Kong Monetary Authority (HKMA) and the Central Bank of the United Arab Emirates (CBUAE) held their second bilateral meeting, reinforcing cooperation and connectivity between the financial ser...

India’s Government Plans Legislation to Combat Illegal Lending Apps
The Indian government is set to introduce a comprehensive legislative framework aimed at curbing the rise of illegal lending applications, the New Indian Express reported. The Department of Financial ...

Singapore Insurtech bolttech Secures Over $100m in Series C Funding
Singapore-based insurtech firm bolttech has successfully raised over $100 million in its latest Series C funding round, according to a company statement released on Friday. The funding round was ancho...

Josh King’s viral slide-out MagSafe gamepad found a home at OhSnap and looks amazing
Image: Josh King / OhSnap When 19-year-old Josh King suggested he would single-handedly redefine mobile gaming with his 3D-printed gamepad, drawing a direct line from himself to Steve...

Pegasus spyware maker NSO Group is liable for attacks on 1,400 WhatsApp users
Photo by Amelia Holowaty Krales / The Verge NSO Group, the organization behind the Pegasus spyware, has been found liable in a lawsuit brought by Meta’s WhatsApp over attacks on abo...

Over $2.3 Billion Stolen in Crypto Hacks and Frauds in 2024
Crypto hacks and frauds led to over $2.3 billion in losses this year, highlighting the persistence of security vulnerabilities in the industry. This figure spans 165 incidents, marking a 40% increase ...

Ripple to Donate $5 Million in XRP to Trump’s Inauguration in January
Ripple has pledged $5 million worth of XRP to support the inauguration celebrations for President-elect Donald Trump and Vice President-elect J.D. Vance in January. Other crypto firms, including ...

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December