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Asian Stories

Currencies stories

Currencycloud gets closer to Singapore MPI licence approval

Currencycloud secures In-Principle Approval for a Major Payment Institution licence from the Monetary Authority of Singapore, bolstering its Asia Pacific services.

By Sean Mitchell • 2 min read • Thu, 7th Mar 2024

Payment Technologies

Southeast Asia fintech firms set to double by 2027, says UnaFinancials

UnaFinancials predicts a twofold increase in Southeast Asia's fintech firms by 2027, driven by a robust super-platform economy, supportive regulations and favourable economic conditions.

By Kaleah Salmon • 2 min read • Wed, 6th Mar 2024

Global Stories

Currencies stories

Crypto

Ripple to release dollar-pegged stablecoin boosting crypto solutions market

Ripple unveils plans to launch a stablecoin, fully backed by US dollar reserves, aiming to bridge the gap between traditional finance and cryptocurrency markets.

By Catherine Knowles • 3 min read • Fri, 5th Apr 2024

Fintech

Paysend expands services with amplified Currencycloud partnership

Fintech firms Paysend and Currencycloud expand partnership, aiming to extend Paysend's global services and boost its foreign exchange capabilities, potentially benefiting customers worldwide.

By Sean Mitchell • 3 min read • Thu, 28th Mar 2024

Data Analytics

Australia's financial crime compliance costs reach $5.37bn

Financial crime compliance costs have soared, driven by increased regulations, technology costs, and ongoing battles against evolving financial crimes.

By Shannon Williams • 3 min read • Thu, 14th Mar 2024

Gaming

JBL launches immersive JBL Land on Roblox focusing on audio creativity

JBL launches JBL Land, a unique immersive world on Roblox, blending music, gaming, and creativity to engage a new generation of audio lovers with personalised sound experiences.

By Sean Mitchell • 3 min read • Wed, 13th Mar 2024

Crypto

Bitcoin exceeds $72k mark, soaring to unprecedented high

Bitcoin's value has soared past $72,000 for the first time ever, fueled by increased acceptance of the cryptocurrency by influential financial institutions and the anticipation of the upcoming halving event.

By Sean Mitchell • 3 min read • Tue, 12th Mar 2024

Software

BEPS Pillar Two: Understanding data requirements and managing data

BEPS Pillar Two has firms grappling with data management and understanding specifications for tax reforms due to its intricate criteria for tax calculations across international borders.

By Staff Writer • 10 min read • Fri, 8th Mar 2024

Generative AI

Zoom reports 3.1% YoY revenue rise in fiscal year 2024

Zoom's fiscal year 2024 report reveals a 3.1% YoY rise in revenue, bolstered by growth in enterprise revenue and a successful launch of their AI digital assistant.

By Kaleah Salmon • 3 min read • Tue, 5th Mar 2024

Crypto

VHS' triple threat - crypto, blockchain, and cloud ERP

Australian gaming company, VHS, pioneers a successful approach, integrating crypto, blockchain and cloud ERP in a virtual horse racing platform.

By Annexa • 4 min read • Thu, 22nd Feb 2024

Fintech

Outgrown Xero? The signs it's time to upgrade to a cloud ERP

As businesses expand, basic accounting systems like Xero can limit growth. For more complex needs, businesses should consider transitioning to a flexible cloud ERP.

By Annexa • 5 min read • Thu, 22nd Feb 2024

Marketing Technologies

Telr collaborates with Fils for greener payment infrastructures

Digital payment giant Telr collaborates with climate fintech Fils in a strategic effort to reduce emissions within payment infrastructures, bolstering UAE's Net Zero by 2050 strategy.

By Kaleah Salmon • 3 min read • Wed, 21st Feb 2024

Health Technologies

Kyriba's Q3 2023 CIR reveals $30bn FX impact on global firms

Kyriba's latest CIR unveils a $30bn FX impact on 1,200 multinational firms in Q3 2023, highlighting FX's influence on revenues and cash flows.

By Tom Raynel • 3 min read • Fri, 16th Feb 2024

Stories from Other Regions

Currencies stories

Crypto

Adelaide Oval first major Australian stadium to accept cryptocurrency

Adelaide Oval sets Australian precedent as the first major sports stadium to allow cryptocurrency payments, enabled by Crypto.com and DataMesh's innovative payment solution.

By Shannon Williams • 3 min read • Thu, 4th Apr 2024

Malware

Rebuilding after ransomware – The case of The British Library

Rogue Russian hackers crippled The British Library's operations, pushing the respected institution into the pre-digital age through a malicious ransomware attack, sparking months of system rebuilding efforts.

By Conan Bradley • 5 min read • Thu, 4th Apr 2024

Data Analytics

Australia's financial crime compliance cost surpasses AUD $5 billion

Financial crime compliance costs in Australia have soared beyond AUD $5 billion, with 98% of institutions reporting a rise, driven largely by increasing technology and labour costs.

By Catherine Knowles • 3 min read • Tue, 12th Mar 2024

Data Protection

Payhawk to boost London workforce by 44% following revenue spike

UK fintech company Payhawk aims to expand its London team by 44% following a successful year and the acquisition of its UK EMI Licence.

By Kaleah Salmon • 3 min read • Fri, 8th Mar 2024

Gaming

IWD 2024: Expert security insight from within the gaming industry

The gaming industry must increase cybersecurity efforts amid growing threats; risks include data theft and game manipulation, leading to financial losses and a decrease in public trust, says Mindera's Gaming lead, Teresa Matos.

By Teresa Matos • 7 min read • Thu, 7th Mar 2024