Binance, one of the world’s largest cryptocurrency exchanges, has come under fire by the UK’s financial regulator in a growing trend by governments to try and curb activity in the crypto space. In a notice dated 26 June, the Financial Conduct Authority (FCA) issued a warning that Binance Markets Limited
Fintechs are booming, and our home-grown battlers are sticking it to the big guys. This week the 2021 Global Fintech Rankings were released, with Australia rising two places to be ranked 6th in the world and 2nd in the Asia Pacific region, behind Singapore. The new position beats out traditional
Low-cost payments fintech Zeller has doubled down on its bet against the long-term viability of cash transactions, with the announcement of new funding overnight. The business is pushing in all its chips on the growing dissatisfaction amongst business owners with merchant services delivered by the big banks, as the startup
Cyber Security has a new enforcer, stalking the dark corners of the web and taking matters into their own hands. Last week, cyber security firm Sophos identified a rather fascinating cyberattack campaign that targets users of pirated software with malware, designed to block access to web sites hosting pirated software.
There is serious change afoot at the global payments company. On Friday, PayPal announced a raft of new changes to be introduced to its suite of payment products and services. The news was shared by Dan Leberman, Senior Vice President, SMB and Partners at PayPal in a post hosted on
There’s a new ecommerce king in town. This week saw Amazon knocked off its perch as the number one downloaded ecommerce app. The challenger? International B2C fast fashion e-commerce platform, SHEIN. According to the latest Provider Ranking of Shopping Apps by PYMNTS.com, SHEIN has taken over the top spot for
Today marks the announcement of the annual Women in AI Awards for 2022. Women in AI is a global community of over 6000 members from 115 countries, with the Australian and New Zealand awards now in their second year. The Women in AI Awards 2022 will culminate in a gala
Last week, Rove Hotels announced what it calls the region’s first-ever hotel gaming rooms. Formed in partnership with leading gaming peripherals company Razer, these “Gamer Caves” will feature in select properties across the group’s Dubai portfolio — Rove Downtown and Rove at The Park. Teaming with Dubai-based esports promoter Playtonia
The NFT hype train rolls on. This week, Mythical Games, an NFT games startup based out of Los Angeles announced it had managed to secure a $75 million round of funding from new and existing investors to support aspirations for its first title and open the door for more blockchain-based
This week, the New South Wales Police announced the introduction of upgrades to their Insights policing platform. This new technology is designed to provide further services to frontline officers through faster access to critical information in the course of their roles in identifying persons and criminal activity across the state.