2020 review: Top five cyberattacks this year
Cybercriminals haven’t stopped their activities in 2020.
Travelex
Travelex owner Finablr reveals $1bn hidden debt
Finablr’s debt sits at $1.3 billion, compared to the $334 million it reported.
Travelex founder invests £3m in ex-Virgin Money exec venture Snoop
Dorfman joins fellow shareholder in Snoop, Salesforce Ventures.
2020 Review: Top five outages, data breaches & cyber-attacks this quarter
Reflecting on some of the most topical outages & cyber-security attacks this past quarter.
Travelex owner Finablr prepares for insolvency
Finablr processed $115 billion in transactions in 2019, and more than 1,500 firms rely on it.
Travelex puts money transfer systems online after cyberattack
A majority of the firm’s services remain down.
Travelex cyberattack drags into third week
FX firm claims its systems are slowly coming back online.
Travelex ordered to pay $3m ransom by cybercriminals
The ailing FX firm is wrestling with a New Year’s ransomware attack.
Travelex quarantines website, internal systems after New Year’s Eve cyber-attack
Foreign exchange firm working “round the clock” to fix the attack.
Samsung gears up digital wallet with debit card and cross-border payments
‘Samsung Pay Cash’ and ‘Money Transfer’ are just the beginning.
Swych powers WeChat’s Travelex Pay for US shopping
Swych’s blockchain-based gift card technology will power Travelex Pay, offered by Travelex and WeChat.
Travelex kills off Supercard
Supercard, a new card and mobile product launched by Travelex and Wirecard last June, is now being sunsetted.
Travelex preps new challenger bank Ditto for launch
New banks are appearing at the double – and Ditto, a France-based mobile-driven multi-currency bank, is the latest one getting ready to launch. Ditto, which is backed by foreign exchange company Travelex, has been built from scratch over the last two years and is “managed as a separate entity” from Travelex. Ditto is based on […]
Travelex partners with Wirecard to launch new card and mobile product, Supercard
Travelex has launched Supercard, a MasterCard and mobile app combo for UK travellers to avoid debit/credit card roaming fees and charges when spending abroad. Supercard will be chip and PIN protected. The security aspect will be taken care of by a payments firm Wirecard. Following a successful pilot, Supercard is now offered to the UK […]
Breaking bit
Bitcoin is the poster child of the cryptocurrency world, but it’s not alone. Michael Mainelli and Bob McDowell take a look at the real-world implications of the rise of AltCoins
