Security

The federal bank regulatory agencies today announced a request for comment on potential actions to help consumers, businesses, and financial institutions mitigate risk of payments fraud, with a particular focus on check fraud….

Banks, Payment Service Providers and regulators are indebted to the Gambling Industry for continuing……

In today’s digital economy, protecting sensitive business payment data is no longer just the respons……

GrailPay, a risk and data platform for bank payments, has secured $6.7 million in funding to expand its suite of tools that make ACH transactions safer and faster….

As Asia Pacific's (APAC) digital ecosystems continue to undergo explosive growth, some of the fastest-growing sectors are becoming prime targets for increasingly sophisticated fraud….

Four industry trade associations have called for significant reforms to how federal financial regulators handle sensitive data following a data breach at the Office of the Comproller of the Currency that exposed over 148,000 private correspondences containing sensitive supervisory information about US financial institutions….

Banfico, a leading global fintech specialising in account verification solutions, has become the first Routing and/or Verification Mechanism (RVM) to achieve full qualification status in the European Payments Council's (EPC) Verification of Payee (VOP) scheme….

IFX Payments, a service-led alternative banking partner, today announces it will be using Form3's Verification of Payee (VoP) solution for SEPA account, strengthening its defences against payment fraud and aligning with the Instant Payments Regulation mandate….

Bank of Ireland is warning customers about a dramatic increase this week in reports and cases of an attempted ‘safe account’ scam….

In the race to adopt artificial intelligence, too many enterprises are flooring the brakes while ne…

OneSpan Inc. today announced the acquisition of Nok Nok Labs Inc., a leading provider of FIDO passwordless software authentication solutions. By joining forces with Nok Nok, OneSpan is driving the industry towards a more secure future, enabling customers to adopt a wide range of flexible, future-proof authentication options….

As described by the UK's FCA, finfluencers are "social media personalities who use their platform to promote financial products and share insights and advice with their followers."…

At the start of Covid, large Fortune 500 companies began to leave the African financial markets, citing too much illiquidity and uncertainty. One Ireland-based startup, featured on this year’s Money 20/20 ‘Startup Spotlight’ session, built a solution….

While AI is a buzzword in the fintech space, quantum is being heard more and more frequently in the sector. But what will it accomplish, and more importantly, is the financial services industry ready for it?…

We Fight Fraud (WFF), a specialist financial and cyber crime consultancy, has selected European Regtech scale-up Salv to share intelligence with financial institutions across Europe….