Security

How can financial institutions develop advanced, resistant AI strategies to stay one step ahead of cybercriminals?…

Rapid Finance, a leader in small business financing and enterprise lending solutions, today announced the launch of a new network monitoring feature within its AI-ready data aggregation and assimilation platform, Lynx, designed to enhance fraud detection and ensure the data integrity for its network participants….

FS-ISAC, the member-driven, not-for-profit organisation that advances cybersecurity and resilience in the global financial system has published Charting the Course of AI: Practical Considerations for Financial Services Leaders….

Today Sumsub, a global full-cycle verification platform, is launching its Reusable Digital Identity product suite….

Welsh startup Burbank has raised £5 million to bring offline tap and pin payments to the e-commerce realm….

PwC Italy has joined forces with blockchain consultancy SKChain Advisors to develop an enterprise-grade Web3 EU digital identity product….

As financial fraud reaches alarming levels across Europe—with fraudulent transactions totalling €4.3 billion in 2022 and €2.0 billion in the first half of 2023—businesses face increasingly sophisticated scams involving account-to-account transactions….

In its latest move to stop scammers, Westpac is to introduce SafeBlock, a new feature that allows customers to block their accounts and cards in an instant via the app or online banking….

Nine major banks and building societies operating in the UK accumulated at least 803 hours – the equ……

Phoenix-based business bank Western Alliance has notified customers of a data breach caused by a zero-day vulnerability in third party file transfer software….

In today's digital first age, the rise of online transactions and services has brought unp…

NatWest has inked a deal with OpenAI to bring generative artificial intelligence to the UK lender's digital assistants….

NAB has cracked down against hundreds of fake websites attempting to dupe and scam Aussies….

A Welsh fintech startup has developed a novel way to combat card-not-present fraud – by migrating offline tap and pin payments to the e-commerce realm….

Singapore authorities are warning businesses of a rise in scam video calls which use deepfake AI to impersonate business bosses with the aim of duping employees into transferring funds to criminal accounts….