Analysis of News relating to the Digital Money Ecosystem

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Analysis of News relating to the Digital Money Ecosystem

Hackers have just stolen US$500000 from this mobile payment app - SoyaCincau.com

09/07/2019 Link to source

Hackers have just stolen US$500000 from this mobile payment app    After launching the mobile payment feature on its 7Pay app, 7-Eleven Japan's customers has reportedly been the target of hackers.

Context

https://shiftthought.s3.eu-west-2.amazonaws.com/spaces/digital-money/images/icons/japan.gifJapan
Japan is an island nation in East Asia. Located in the Pacific Ocean, it lies to the east of the Sea of Japan, China, North Korea, South Korea and Russia, stretching from the Sea of Okhotsk in the north to the East China Sea and Taiwan in the south.
https://shiftthought.s3.eu-west-2.amazonaws.com/spaces/digital-money/images/icons/7eleven.pngSeven & I Holdings Co (7-Eleven)
7-Eleven is part of an international chain of convenience stores. 7-Eleven, primarily operating as a franchise, is the world's largest operator, franchisor and licensor of convenience stores.
https://shiftthought.s3.eu-west-2.amazonaws.com/spaces/digital-money/images/framework/digitalcontent.pngDigital Content
Digital Content (DC) is the category under which we classify consumer payements related to purchase of digital content and services. This includes purchase of games, music downloads and other typically small value payments from consumers to companies.
https://shiftthought.s3.eu-west-2.amazonaws.com/spaces/digital-money/images/framework/mobilepayment.pngMobile Payment
Mobile payment refers to the use of a mobile device as a channel to initiate payments. This includes both local and remote payments, as well as the use of the mobile device to accept payment (mPOS).
https://shiftthought.s3.eu-west-2.amazonaws.com/spaces/digital-money/images/icons/7eleven.pngSeven & I Holdings Co (7-Eleven)
7-Eleven is part of an international chain of convenience stores. 7-Eleven, primarily operating as a franchise, is the world's largest operator, franchisor and licensor of convenience stores.
https://shiftthought.s3.eu-west-2.amazonaws.com/spaces/digital-money/images/icons/7eleven.pngCP All Plc - Sole operator of 7-Eleven Thailand
CP All Plc. (the Company) established in 1988 by the Charoen Pokphand Group is the sole operator of 7-Eleven convenience stores in Thailand.
https://shiftthought.s3.eu-west-2.amazonaws.com/spaces/digital-money/images/icons/target.pngTarget Corporation
Target Corporation is an American retailing company founded in 1902 and headquartered in Minnesota. It is the second-largest discount retailer in the United States, Walmart being the largest.
https://shiftthought.s3.eu-west-2.amazonaws.com/spaces/digital-money/images/icons/target.pngTarget Corporation
Target Corporation is an American retailing company founded in 1902 and headquartered in Minnesota. It is the second-largest discount retailer in the United States, Walmart being the largest.
https://shiftthought.s3.eu-west-2.amazonaws.com/spaces/digital-money/images/stdefault.pngMobile Payment
Mobile payment refers to the use of a mobile device as a channel to initiate payments. This includes both local and remote payments, as well as the use of the mobile device to accept payment (mPOS).

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