Year: 2016

A security breach has put millions of Indian debit card-holders at risk

This is a massive breach, the good thing is the government/regulators have responded immediately. What is not clear is exactly when the breach occurred.     Some 3.2 million cards issued by the country’s biggest banks may be exposed to a malware. Source: A security breach has put millions of Indian debit card-holders at risk …

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Saudi Arabia planning to cancel $20bn worth of projects – report

With all these cuts in Saudi government spending, construction is the largest sector that is affected. Some estimate cite as much as 45%. Outgoing remittances will be impacted and the results would clearly be noticeable in the coming quarters. Ministry budgets could be cut by a quarter; some ministries may also be merged or eliminated …

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TerraPay Expands Footprint in 32 Countries in Europe Through Acquisition of Pay2Global

This is a great company to watch out for. Slowly and surely, they are building their product and expanding their footprint in various countries. Excellent news that they now have their API license for UK/EU. Well done Ambar + Team. Source: TerraPay Expands Footprint in 32 Countries in Europe Through Acquisition of Pay2Global — This …

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