298 articles tagged with this keyword
News/security
The Financial Stability Board (FSB) has set out proposals to ensure greater convergence in cyber incident reporting.
18 October 2022
News/crime
UK Finance has re-iterated its call for cross-sector action to tackle criminal gangs perpetrating large scale fraud in the UK, as figures for the first half of 2022 show that a total of over £609.8 million was stolen through scams.
13 October 2022
To mark cybersecurity awareness month in the US, this October financial institutions are planning a series of tournaments and events to raise awareness around cyber security issues.
30 September 2022
News/regulation
The update will further streamline users’ ability to confirm data access for open banking services.
News/payments
Fintech superapp Revolut is taking on PayPal with its own one-click payment checkout feature for online purchases.
12 September 2022
News/startups
London-based Banking-as-a-Service (BaaS) provider Griffin has launched Verify, a customer onboarding product to assist fintechs manage crime risks and KYC and KYB automation.
07 September 2022
Digital transformation of the financial industry has led to a major rise in global phishing scams and cyber-attacks. In order to protect consumers from falling victim to fraud, banks must enhance security protocols.
The Commonwealth Bank of Australia (CBA) is boosting AI technology across its digital banking platforms in efforts to stamp out “disturbing” scams targeting their customers.
04 July 2022
PSD2 should be merged with the Electronic Money Directive, says the European Banking Authority (EBA) in response to the EC's call for feedback on the directive.
23 June 2022
Stripe has signed up Wise as the first user of a new biometric delegated authentication feature for strong customer authentication (SCA) transactions.
08 June 2022
News/identity
ID-Pal, the identity verification provider, has announced it is entering the UK market after six years of growth across Ireland, the US and the EU.
13 May 2022
Nationwide Building Society says that the introduction of Strong Customer Authentication (SCA) rules in March is helping it stop 2000 cases of online card fraud a month.
11 May 2022
New data from Barclaycard Payments reveals UK retailers have so far lost out on £130m worth of sales as a result of not being fully compliant with new Strong Customer Authentication (SCA) rules which came in to effect last month.
14 April 2022
BBVA investment fund Propel has lead a $15 million financing round in Colombian authentication startup Truora.
11 April 2022
Some of America's biggest lenders have joined forces with Early Warning on a service that lets people use their bank login details to verify their identity when using participating business' sites and apps.
06 April 2022
Visa is working with consumer authentication service PopID to bring facial verification payments to the Middle East.
News/crypto
Crypto giant FTX and its US subsidiary have chosen Stripe to build an onboarding and identity verification flow for users joining the exchange, and to power payments for people adding funds to their accounts.
11 March 2022
With the UK finally set to officially enforce Strong Customer Authentication (SCA) rules, vendor Forter is warning merchants that issuing banks are already issuing soft declines on transactions which have not been sent to 3DS and are not flagged as either exempt or out of scope.
04 March 2022
TSB has shaved 20 minutes off its onboarding journey to allow accounts to be opened in just 10 minutes. Further, mobile functionality has been updated so only eight scrolls are needed to sign up on a mobile device, compared to 60 scrolls on the website.
24 February 2022
Identity verification service company in Europe, iDenfy, has launched an enhanced version of phone verification.
30 December 2021
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