New management of failed crypto exchange FTX announce deal to recover more $400 million from a Bahamas-based hedge fund
News cash
Elon Musk Admits “Massive Decline” In Ad Revenue
Elon Musk says Twitter may be cash flow-positive next quarter, which may not surprise observers after all his cost-cutting
IMF Suggests Governments Set Up Own Cryptocurrencies
Fintech fantasy? Nation states should build their own digital currency to prevent its use by money launders and fraudsters
Hackers Breach Virginia Bank, Make Off With Millions
Daylight robbery. Hackers have stolen $2.4m after two successful cyber attacks on an American bank
Eastern European Banks Hit By £100m Cyber Crime Wave
A string of related thefts targeting banks in eastern Europe and former Soviet countries involved the coordination of physical and online teams
Barclays Trials Contactless Android Cash Withdrawals
The system lets users tap an NFC-equipped Android device or contactless card to receive cash on in-branch machines
Worldpay: SMBs Must Adopt New Payment Methods Or Face Extinction
Reluctance to introduce new systems could see up to 60,00 British small businesses could face the chop as consumers ditch cash for cards
Contactless Will Help Card Payments Overtake Cash ‘In 2021’
The simplicity and popularity of contactless will see card payments overtake cash within five years, according to Payment Assocation
It’s Official – The World Is Going All-Out On Digital Payments
Non-cash payments are now growing faster than GDP across the world, RBS report finds
UK ‘Cashless’ Payments Overtake Physical Money For The First Time
Cash is dead, long live ‘non-cash’, Payments Council figures find