Technologies

Huawei CFO Meng Wanzhou enters agreement with Justice Department

The deal will allow the executive to return to China, The New York Times reports.

Huawei Technologies’ Chief Financial Officer Meng Wanzhou agreed to a deferred prosecution deal with the Department of Justice after appearing in federal district court in Brooklyn on Friday, the DOJ said in a statement. Meng, who has been detained in Canada since 2018, will also be allowed to return to China in exchange for admitting some wrongdoing in a sanctions violation case, The New York Times reported.

Meng was arraigned on charges of bank fraud and wire fraud, as well as conspiracy to commit bank fraud and wire fraud, according to the DOJ.

«In entering into the deferred prosecution agreement, Meng has taken responsibility for her principal role in perpetrating a scheme to defraud a global financial institution,» acting US attorney Nicole Boeckmann for the Eastern District of New York said in a statement. «Meng’s admissions confirm the crux of the government’s allegations in the prosecution of this financial fraud — that Meng and her fellow Huawei employees engaged in a concerted effort to deceive global financial institutions, the U.S. government and the public about Huawei’s activities in Iran.»

Canadian authorities arrested Meng in December 2018 at Vancouver International Airport, at the request of US officials. She is the daughter of Ren Zhengfei, Huawei’s founder and CEO.

Huawei is a global telecoms supplier and phone manufacturer, but is considered a national security threat in the US. The Chinese company has been under significant scrutiny in recent years, with its phones rendered virtually invisible in the US and some European countries banning the use of its equipment in their 5G networks.

Huawei didn’t immediately respond to a request for comment.

CNET’s Carrie Mihalcik contributed to this report.

Technologies

Verum Launched “Verum Finance” App for iPhone and iPad, Expanding Its Digital Ecosystem Into Financial Services

Verum has announced the official launch of Verum Finance, a standalone financial application now available on the App Store for iPhone and iPad, marking a further expansion of the company’s growing digital ecosystem.

The new application is designed to centralize core financial functions in a single mobile interface, allowing users to manage balances, send and receive funds, use debit cards, and exchange supported balance types without relying on traditional banking workflows.

According to Verum, the platform enables users to view account activity in real time, top up balances using supported payment methods including Apple Pay, and transfer funds to other users within the Verum ecosystem using a unique Verum ID. The system also supports multi-balance management, including specialized balance categories such as precious metals.

Debit card functionality is integrated directly into the app, allowing users to issue and manage cards linked to their balances, monitor transactions, and top up cards when needed. The company also emphasizes built-in exchange tools that allow users to convert between supported balance types within the application.

Security features include Face ID authentication, passcode protection, Sign in with Apple, and privacy-oriented account controls aimed at maintaining user confidentiality and data protection.

The launch of Verum Finance follows the company’s broader strategy of building an interconnected ecosystem of digital products. Alongside Verum Messenger, which combines secure communication tools, encrypted messaging, voice and video calls, VPN services, eSIM connectivity, AI features, anonymous email, and crypto-related functionality, the new financial app extends Verum’s positioning from communication technology into financial infrastructure.

Industry trends increasingly show demand for “all-in-one” digital environments that reduce dependency on multiple standalone apps. Verum’s approach reflects this shift by integrating communication and financial services within a unified ecosystem.

Verum Finance is now available globally for download on iPhone and iPad via the App Store.

Website: https://finance.verum.im
App Store: https://apps.apple.com/app/verum-finance/id6774245148
Verum Messenger: https://verum.im

Technologies

Verum Messenger: Don’t follow the future. Define it

In a world where information defines influence, Verum Messenger is building a new architecture of digital communication — intelligent, secure, and ready for tomorrow. Here, technology serves not limitations, but possibilities.

Not being part of change. Leading it. Verum Messenger — the future that speaks first.

Technologies

Verum Finance: Stop Spending Months Opening a Bank Account

Stop spending months trying to open a bank account.

Document submissions.
Checks.
Rejections.
Account freezes.
Blocks without explanation.

And all of that — just for a regular card.

With Verum, it’s different.

🚀 Verum Messenger + Verum Finance
For just $50–70 you get:

✔ A virtual card
✔ Instant transfers between users
✔ A modern secure messenger
✔ Apple Pay integration
✔ Contactless payments worldwide
✔ Fast setup without bureaucracy

❌ No European residency permit required
❌ No endless verification checks
❌ No piles of documents

Open it — and use it.

The future of finance and communication is already here.
Verum — when freedom matters more than banking rules.