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FBI warns: SIM-swapping attacks are rocketing, don't brag about your crypto online
Feb 09,2022
The Federal Bureau of Investigation (FBI) is warning about a big uptick in scams using smartphone SIM swapping to defraud victims.  Subscriber Identity Module (SIM) swapping is an old trick, but the FBI has issued a new alert about it because of...
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CBA records 26% uplift in half-year statutory profit as it continues to spend big on IT
Feb 08,2022
Commonwealth Bank of Australia (CBA) has reported its financial results for the 2022 half year, recording statutory after-tax profit of AU$4.74 billion, a 26% year-on-year uplift. For the period ending 31 December 2021, operating expenses were flat a...
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DOJ seizes $3.6 billion in crypto from 2016 Bitfinex hack, arrests New York couple
Feb 08,2022
The Department of Justice announced the seizure of more than$3.6 billion in cryptocurrency that was stolen during an attack on the Bitfinex cryptocurrency exchange in August 2016.  The DOJ also said it arrested 34-year-old Ilya Lichtenstein and ...
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PolyientX links mainstream brands and NFT communities through "first-of-its-kind" rewards program
Feb 08,2022
In an effort to help NFT holders get more value and utility out of their NFTs, recently formed Web3 marketing tech firm PolyientX announced today that it has launched a "first-of-its-kind experience", enabling weekly rewards from mainstream brands to...
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Singapore fintech investments hit $3.9B, fuelled by crypto
Feb 07,2022
Investments in Singapore's fintech sector grew 47% year-on-year to hit$3.94 billion in 2021. Blockchain and crypto raked in almost half of the funds, raising$1.48 billion across 82 deals.  The country's fintech sector registered a five-year high...
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Suncorp's half-year results indicate positive progress of digital simplification program
Feb 07,2022
Image: Suncorp Group Suncorp Group has reported that during the first half of the 2022 financial year it continued to simplify its digital assets across all three business divisions, namely insurance, banking and wealth, and New Zealand.&...
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Bank of America: 2021 credit card spending up 24% over pre-pandemic levels
Feb 07,2022
Bank of America reported Monday that its consumer clients spent$335 billion in total payments in January, up 17% from last year. Credit and debit card spending reached$65 billion for the month, up 16%. See also The best airline credit cards ...
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Capital One awarding $10k grants to Black-owned businesses
Feb 07,2022
Capital One announced Tuesday the Capital One business grant program, which aims to support Black-owned businesses, and an upgrade to the Spark Cash Plus business credit card's welcome bonus. More Stackcommerce Deals You can take this folding dron...
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Capital One Platinum credit card review: Build positive credit
Feb 07,2022
Capital One Platinum Credit Card Create a positive credit historyView now View now
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Commonwealth Bank acquires 20% stake in Paypa Plane
Feb 06,2022
Commonwealth Bank of Australia on Monday announced it has acquired a 20% stake in Brisbane-based fintech Paypa Plane. The bank said as part of its investment, the pair will enter into a partnership to create a "superior payments experience" for Austr...
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$4.4 million stolen in attack on blockchain infrastructure Meter
Feb 06,2022
Blockchain infrastructure company Meter said$4.4 million was stolen during a cyberattack on the platform that started at around 9 am ET on Saturday morning. The company said it manages an infrastructure that allows smart contracts to scale and travel...
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J.D. Power insights: Bank customers twice as likely to switch banks if fees are charged
Feb 04,2022
J.D. Power released a retail banking insight on Tuesday (Feb 2) that revealed retail banking customers are twice as likely to switch banks if charged a fee compared to those who haven't. The insight also revealed that vulnerable customers pay overdra...
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