Dow futures jump 200 points in overnight trading following the worst tech rout since March


The “Fearless Girl” statue stands in front of the New York Stock Exchange (NYSE) at Wall Street on June 29, 2020 in New York City.

Angela Weiss | AFP | Getty Images

Stocks futures climbed in overnight trading on Monday after technology shares suffered their worst sell-off in more than five months.

Futures on the Dow Jones Industrial Average gained about 215 points, while the S&P 500 futures rose 0.5{3c4481f38fc19dde56b7b1f4329b509c88239ba5565146922180ec5012de023f}. The Nasdaq 100 futures, however, dipped 0.2{3c4481f38fc19dde56b7b1f4329b509c88239ba5565146922180ec5012de023f}.

Stocks just snapped a five-week winning streak after a big reversal in major technology stocks last week. Steep losses in Amazon, Apple, Microsoft

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Visa hit by European Commission digital wallets investigation


Visa says the European Commission (EC) has opened a preliminary investigation into the its rules for staged digital wallets.

Visa hit by EC digital wallets investigation

Visa has faced criticism for attaching higher fees to staged digital wallets, which the company has said give it and banks less information about a transaction. Companies such as Square and PayPal operate such wallets, which require consumers to fund the account before making a purchase.

The probe stems from allegations that FinTech firms are pushing the boundaries of EU rules to offer high-speed payments, making it harder for Visa to safeguard against money

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New web card skimmer steals credit card data and sends via Telegram


The digital card skimmer landscape keeps evolving, often borrowing techniques used by other malware authors in order to avoid detection.

Defenders of the ecosystem look for any kind of artifacts and malicious infrastructure that it might be able to identify to protect users and alert affected merchants. These malicious artifacts can range from compromised stores to malicious JavaScript, domains, and IP addresses used to host a skimmer and exfiltrate data.

One such artifact is a so-called “gate,” which is typically a domain or IP address where stolen customer data is being sent and collected by cyber criminals. Typically, we see

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China Life Singapore unveils agency channel


China Life Insurance Singapore has launched its agency channel, headed by Jerome Png.

According to a statement by China Life Singapore, it aims to build a trusted and experienced team of at least 500 consultants within the next five years, serving regular and high-net-worth clients. Its products include protection plans, endowments, investment-linked insurance plans, and hybrid plans.

Furthermore, the company said that the new agency channel will help it achieve its goal of “three connections” – connecting the Chinese and Singaporean insurance markets, connecting insurance to technology, and connecting the agency channel to Singaporean talent.

All consultants are required to

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