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Based Confirms KYC Data Breach Affecting Visa Cardholders

Singapore-based fintech Based says an unauthorized party accessed an internal dashboard managing its Visa card program, potentially exposing identity documents of some cardholders. Funds and card details remain safe, the company says.

Camille TrémouletRead more
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HSBC Secures Licence for Hong Kong Dollar Stablecoin RedCoin

HSBC has obtained an issuer licence from Hong Kong's monetary authority and named its planned Hong Kong dollar-pegged stablecoin RedCoin, positioning the bank alongside rivals Standard Chartered and Bank of China (Hong Kong) in a race to issue regulated digital tokens.

Julien VasseurRead more