Asia

🏴‍☠️ Bybit Crypto Exchange Hack: The Story Continues Members Public

🏴‍☠️ Bybit Crypto Exchange Hack: The Story Continues To objectively assess the situation, we conducted a survey on February 21. While many joined just to see the results, 10% of respondents reported withdrawal issues. Latest findings: ➖ According to blockchain analytics firm Elliptic, hackers stole approximately $1.5 billion in digital assets,

Morgan Ellis
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📢 Singapore🇸🇬: RedotPay🇨🇳, StraitsX, and Visa launch advanced crypto cards Members Public

📢 Singapore🇸🇬: RedotPay🇨🇳, StraitsX, and Visa launch advanced crypto cards RedotPay, in collaboration with StraitsX and Visa, has launched crypto credit cards for seamless transactions. ➡️ StraitsX, a blockchain platform with official banking license in Singapore, serves as the BIN sponsor. ➡️ RedotPay contributes with its real-time conversion technology to facilitate payments. ➡️ Visa

Morgan Ellis
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🐘 India🇮🇳: The Central Bank enhances the security of cross-border payments with cards, introducing an additional authentication factor (AFA) Members Public

🐘 India🇮🇳: The Central Bank enhances the security of cross-border payments with cards, introducing an additional authentication factor (AFA) The Reserve Bank of India has implemented new security measures for international card payments due to the rise in fraudulent cases. ➡️ Requirements: 🔹 International digital transactions with cards issued in India must meet

Morgan Ellis
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🙈 Singapore🇸🇬: Banks lose customers due to ineffective KYC Members Public

🙈 Singapore🇸🇬: Banks lose customers due to ineffective KYC At 90% of banks in Singapore, potential customers leave before completing the "Know Your Customer" (KYC) process. ➡️ Causes: In 2024, stricter anti-money laundering (AML) regulations came into effect, complicating verification processes. As a result: 🔹 79% of banking executives cite manual

Morgan Ellis
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🕊 Launch of QR payments between Vietnam🇻🇳 and Laos🇱🇦 Members Public

🕊 Launch of QR payments between Vietnam🇻🇳 and Laos🇱🇦 The initiative, announced in 2023, is already operational thanks to the collaboration between the central banks of both countries, the Laos National Payment Network (LAPNet), and the commercial banks of Vietnam and Laos. 👉 This service is offered by 7 Vietnamese banks: Vietinbank,

Morgan Ellis
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🎉 Pakistan🇵🇰: Google Pay will be launched in the country by mid-March 2025 Members Public

🎉 Pakistan🇵🇰: Google Pay will be launched in the country by mid-March 2025 The service will enable Pakistani users to link their debit and credit cards to Google Pay for simple and efficient contactless payments. ➡️ The launch will be conducted in collaboration with Visa, Mastercard, and major local banks. ➡️ Card linking

Morgan Ellis
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🏴‍☠️ Singapore🇸🇬: new anti-fraud law grants police control over bank accounts Members Public

🏴‍☠️ Singapore🇸🇬: new anti-fraud law grants police control over bank accounts An unprecedented measure has been implemented in Singapore. ➡️ Now, police officers and the Commercial Affairs Department—a branch of the White-Collar Crime Investigation Agency—will have the authority to issue orders allowing them to suspend banking transactions if there is

Morgan Ellis
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😱More about "Visa": the payment giant revolutionizes business travel payments Members Public

😱More about "Visa": the payment giant revolutionizes business travel payments Visa has partnered with Qashio, a UAE-based company specializing in expense management solutions, to transform the landscape of business travel payments. The initiative, backed by an estimated $27 million USD investment, marks a strategic move by both companies

Morgan Ellis
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