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USD 12.1 bln worth of crypto assets stolen since 2011

The Paypers

billion worth of crypto assets in total between 2011-2021. Crystal Blockchain has released its bi-annual report Crypto & DeFi Hacks & Scams Report which shows a theft of approximately USD 12.1

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Fed to review debit card fee cap next week

Payments Dive

The Fed hasn’t changed a debit card fee cap since it was put in place in 2011, but it's planning to take up the issue at a meeting next week.

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Survey: Teens Slated To Spend Lowest Amount Since 2011

PYMNTS

New data has found that American teens are estimated to spend $2,371 per year — the lowest level for the age group since the fall of 2011. A survey by Piper Jaffray gathered the data from 9,500 teens across 42 U.S. states, with an average age of 15.8

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Global ecommerce market on continuous rise since 2011

The Paypers

(The Paypers) In spite of the fact that traditional retailing have a significant market share in the global retail market, ecommerce has gained considerable traction since 2011.

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Private Label Retail Credit Card Delinquencies At Highest Rate Since 2011

PYMNTS

Currently, they are at their highest level since the early part of 2011. In a press release highlighting the results, Equifax said outstanding balances of $81.7 billion are up 0.8 percent from the same period last year, with delinquencies rising steadily on a seasonal basis since 2013.

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TerraPay Appoints Ralph Koker as Global Head of Products

Fintech News

He later moved to Visa in Singapore in 2011 and eventually led Visa Latin America’s digital product and money movement initiatives from Miami in 2017. Koker’s career includes key roles in Asia Pacific and Latin America, starting with FIS, where he worked in Manila, Hong Kong, and Bangkok.

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3forge Lands Funding from Morgan Stanley

Finovate

The amount of the round, which marked 3forge’s first external investment since it was founded in 2011, was undisclosed. Low code platform 3forge has landed its first external investment round since it was founded in 2011. 3forge will use the funds to fuel its global go-to-market strategy and expand its development community.