Weak Master Passwords Led to the Theft of Millions in Crypto
A multi-year crypto theft ring has been traced back to Russian hackers who stole sensitive data from LastPass. Armed with that information, the criminals were able to access roughly 30 million users’ vaults and steal more than $35 million in cryptocurrency. The scheme began in 2022, when cybercriminals breached LastPass, a tool millions of people […]
Flutterwave’s Acquisition of Mono Signals Broader Open Banking Implications in Africa
One of Africa’s largest payments processors, Flutterwave, is acquiring API-driven fintech Mono, a move that could reshape how lenders assess creditworthiness in the absence of standardized credit scores. Mono has made a splash since it was founded five years ago, and its APIs connect a significant portion of Nigeria’s digital banking system. For its part, […]
How Bank Websites Can Build Customer Relationships
A bank’s public website no longer has the luxury of serving as a passive storefront. AI-powered overviews, social media influencers, and other personal finance sites increasingly shape how consumers discover and evaluate financial products, making it harder for financial institutions to engage the public through their own digital channels. As a result, far more weight […]