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QR sign-ins surge on BofA's CashPro platform

Every day, thousands of CFOs and treasurers use QR code technology to sign-in to CashPro, Bank of America’s digital banking platform accessed by more than 40,000 corporate and commercial clients around the world to manage their treasury, trade and credit operations and perform self-service requests.

/security

Payabl. taps ClearBank for embedded finance services

Leading European financial technology provider payabl. has partnered with ClearBank, an enabler of real-time clearing and embedded banking, to expand its UK payment services and enhance security for businesses.

/security

Riskified achieves AWS Accelerate Partner status

Riskified, a leader in ecommerce fraud and risk intelligence, has achieved AWS Accelerate Partner status.

/security

BioCatch and The Knoble co-launch anti-scam guide and cost calculator

Financial scams are on the rise globally, resulting in billions in financial losses for both financial institutions and the individual consumers they serve.

/security

Plaid using ML to counter GenAI with new identity verification features

New generative AI models now pop up almost every week, and even unsophisticated fraudsters use them to generate convincing ID verification sessions at scale.

/security

BioCatch names Andreas Dombret as a senior advisor

BioCatch, which prevents financial crime by recognising patterns in human behavior, today announced the appointment of Andreas Dombret as a senior advisor.

/security

Swedish regulators fine Swedbank for security shortcomings

The Swedish Financial Supervisory Authority (SFSA) announced today that Swedbank has been fined SEK 12.5 million for violations of the protective security regulation.

/security

Greenlight introduces 'Family Shield' plan

Greenlight, the award-winning money and safety app for families, today announced the launch of Family Shield, its newest subscription plan designed to help caregivers protect seniors from financial fraud and ensure their physical safety.

/security

Entercard adopts Fico platform to fight application fraud

As part of its enterprise fraud programme, Entercard will use AI-powered technology from global analytics software leader FICO to better identify fraudulent account openings.

/security

Adyen and JCB introduce card-on-file tokenization

Adyen, the financial technology platform of choice for leading companies, and JCB Co., Ltd., announced the rollout of JCB’s card-on-file (COF) tokenization service (hereinafter “COF tokenization”), aimed at enhancing the security of credit card transactions for e-commerce merchants.

/security

First-party fraud surpasses scams to become leading form of global attacks

LexisNexis Risk Solutions releases its annual Cybercrime Report, an analysis of over 104 billion global transactions in the LexisNexis Digital Identity Network platform during 2024.

/security

DBS adds mobeil wallet security feature

In an effort to combat the rise of mobile wallet phishing, DBS Bank will launch a new “Mobile wallets” feature within DBS/POSB digibank app’s Payment Controls, preventing scammers from adding phished card details to their mobile wallets.

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