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Welcome to your daily FinTech news!
In case you missed it, please see below today's most relevant news, or tune in to our Daily Fintech Podcast here.
NEWS HIGHLIGHT
Exclusive: Q&A with Pav Gill, Wirecard’s whistleblower. Today I have a really special Q&A to share with you. This week I interviewed Pavandeep (Pav) Gill, better known as the Wirecard Whistleblower. Link here.
BREAKING NEWS
The seamless use of payment apps across five ASEAN countries is set to be transformational. Indonesia has already connected its payment system with Thailand and will do so with Malaysia and Singapore soon. The fourth country in the network is the Philippines. This would allow customers in these five countries to purchase goods in any other country in the network by merely scanning QR codes. Link here.
Crypto exchange Binance was hacked, and around $100M of Binance Coin was stolen. A Binance spokesperson said that at least $7M of stolen funds have already been frozen. Link here
PayPal will fine up to $2,500 for misinformation. Users are also barred from “the promotion of hate, violence, racial or other forms of intolerance that are discriminatory.” Link here