TFU | Jan. 14-20

The DOJ filed charges for an alleged SEC hack which generated $4.1M in profits; HSBC has used distributed ledger technology to settle over $250B in FX transactions; Square has launched a debit card for businesses; SWIFT has published ‘Pay Later’ API standards for instant loans at point of sale; VC funding for cybersecurity firms topped $5B in 2018; the Canadian government has opened a consultation on open banking; and Fiserv is to acquire First Data for $22B.