New Android Banking Trojan Spreading via Google Play Store Targets Europeans

A new Android banking trojan with over 50,000 installations has been observed distributed via the official Google Play Store with the goal of targeting 56 European banks and carrying out harvesting sensitive information from compromised devices. Dubbed Xenomorph by Dutch security firm ThreatFabric, the in-development malware is said to share overlaps with another banking trojan…

Philippines payment gateway PayMongo gets $31M Series B, will explore regional expansion – TechCrunch

PayMongo founders (from left to right): Jaime Hing III, Chief Technology Officer, Francis Plaza, Chief Executive Officer and Luis Sia, Chief Commercial Officer Philippines-based fintech PayMongo, which enables merchants to accept digital payments, announced today it has raised $31 million in Series B funding with an eye on regional expansion. Investors include Justin Mateen’s JAM…