Latest Finextra Research Security Headlines https://www.finextra.com/ The Latest Financial IT Security Headlines Copyright 2024 Finextra Research Ltd en-GB contact@finextra.com (Finextra Contact) Finextra Research Headlines https://www.finextra.com https://www.finextra.com/finextra-images/site/finextra.png CommBank halves customer scam losses https://www.finextra.com/newsarticle/44543/commbank-halves-customer-scam-losses?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/44543/commbank-halves-customer-scam-losses?utm_medium=rssfinextra&utm_source=finextrafeed Tue, 06 Aug 2024 00:01:00 GMT Australia's Commonwealth Bank says it has cut customer scam losses in half in FY24 through a combination of new anti-scam technologies, cross-industry collaborations and customer education. NCA shuts down Scam-as-a-Service platform https://www.finextra.com/newsarticle/44545/nca-shuts-down-scam-as-a-service-platform?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/44545/nca-shuts-down-scam-as-a-service-platform?utm_medium=rssfinextra&utm_source=finextrafeed Mon, 05 Aug 2024 13:43:00 GMT The UK's National Crime Agency has shut down a platform used by hundreds of criminals to defraud victims across the world through the use of spoofed phone calls. JPMorgan ponders legal action over Zelle probe https://www.finextra.com/newsarticle/44544/jpmorgan-ponders-legal-action-over-zelle-probe?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/44544/jpmorgan-ponders-legal-action-over-zelle-probe?utm_medium=rssfinextra&utm_source=finextrafeed Mon, 05 Aug 2024 12:34:00 GMT JPMorgan Chase is considering taking legal action against the Consumer Financial Protection Bureau (CFPB) over an ongoing probe into the abuse of Zelle payments by scammers. NPCI cuts off hundreds of banks over IT vendor ransomware attack https://www.finextra.com/newsarticle/44538/npci-cuts-off-hundreds-of-banks-over-it-vendor-ransomware-attack?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/44538/npci-cuts-off-hundreds-of-banks-over-it-vendor-ransomware-attack?utm_medium=rssfinextra&utm_source=finextrafeed Mon, 05 Aug 2024 00:01:00 GMT More than 200 cooperative and regional rural banks were briefly cut off from India's retail payments system last week by the National Payments Corporation of India (NPCI) amid concerns that C-Edge Technologies had been hit by a ransomware attack. Finextra is getting a new look! https://www.finextra.com/newsarticle/44526/finextra-is-getting-a-new-look?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/44526/finextra-is-getting-a-new-look?utm_medium=rssfinextra&utm_source=finextrafeed Fri, 02 Aug 2024 01:00:00 GMT We’re excited to go live with Finextra’s new website next week. PSR stands firm over reimbursement model for APP fraud https://www.finextra.com/newsarticle/44529/psr-stands-firm-over-reimbursement-model-for-app-fraud?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/44529/psr-stands-firm-over-reimbursement-model-for-app-fraud?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 01 Aug 2024 09:13:00 GMT As the banking industry chafes against upcoming rules governing payback to victims of authorised push payment fraud, the Payment Systems Regulator has released new data which shows that reimbursement for victims still depends largely on who they bank with. Singapore warns of uptick in impersonation scams https://www.finextra.com/newsarticle/44524/singapore-warns-of-uptick-in-impersonation-scams?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/44524/singapore-warns-of-uptick-in-impersonation-scams?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 01 Aug 2024 00:01:00 GMT Police and banking authorities in Singapore are warning people to beware of a sophisticated impersonation scam that netted crooks $10.6 million in June alone. Westpac battles impersonation scams with 'SafeCall' https://www.finextra.com/newsarticle/44523/westpac-battles-impersonation-scams-with-safecall?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/44523/westpac-battles-impersonation-scams-with-safecall?utm_medium=rssfinextra&utm_source=finextrafeed Wed, 31 Jul 2024 09:23:00 GMT In a move to help stop bank impersonation scams, Westpac has teamed with telco Optus to introduce a new verified in-app calling capability. ECB cyber security test reveals 'room for improvement' https://www.finextra.com/newsarticle/44510/ecb-cyber-security-test-reveals-room-for-improvement?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/44510/ecb-cyber-security-test-reveals-room-for-improvement?utm_medium=rssfinextra&utm_source=finextrafeed Mon, 29 Jul 2024 00:01:00 GMT The European Central Bank says there is "room for improvement" after conducting its first thematic stress tests on cyber resilience to determine how well individual banks would respond to and recover from a cyber attack. Customer complaints over fraud reimbursement by Revolut surge https://www.finextra.com/newsarticle/44484/customer-complaints-over-fraud-reimbursement-by-revolut-surge?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/44484/customer-complaints-over-fraud-reimbursement-by-revolut-surge?utm_medium=rssfinextra&utm_source=finextrafeed Mon, 22 Jul 2024 11:15:00 GMT The UK's Financial Ombudsman has fielded a 35% surge in customer complaints about requests for reimbursement over scam thefts being denied by Revolut. BBVA opens global cybersecurity centre in Mexico https://www.finextra.com/newsarticle/44481/bbva-opens-global-cybersecurity-centre-in-mexico?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/44481/bbva-opens-global-cybersecurity-centre-in-mexico?utm_medium=rssfinextra&utm_source=finextrafeed Mon, 22 Jul 2024 09:48:00 GMT BBVA is opening a global cybersecurity centre in Mexico as part of an alliance with IT services company Telefónica Tech aimed at boosting the bank's defences against a rising tide of security-related threats. Banks and payments hit as faulty CrowdStrike update causes global Microsoft outage https://www.finextra.com/newsarticle/44478/banks-and-payments-hit-as-faulty-crowdstrike-update-causes-global-microsoft-outage?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/44478/banks-and-payments-hit-as-faulty-crowdstrike-update-causes-global-microsoft-outage?utm_medium=rssfinextra&utm_source=finextrafeed Fri, 19 Jul 2024 13:00:00 GMT Banks and card payment systems are among the victims of the worldwide tech outage on Microsoft platforms. UK data breach costs soar https://www.finextra.com/pressarticle/101764/uk-data-breach-costs-soar?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/101764/uk-data-breach-costs-soar?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 01 Aug 2024 15:14:00 GMT The average cost of a data breach in the UK rose to £3.58 million between March 2023 and February 2024, marking a 5% increase from the previous year and reversing a previous decline. European regulators say SCA helping to contain payment fraud https://www.finextra.com/pressarticle/101759/european-regulators-say-sca-helping-to-contain-payment-fraud?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/101759/european-regulators-say-sca-helping-to-contain-payment-fraud?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 01 Aug 2024 15:00:00 GMT The European Banking Authority (EBA) and the European Central Bank (ECB) published today a joint Report on payment fraud data. Paystrax selects Featurespace to tackle fraud https://www.finextra.com/pressarticle/101757/paystrax-selects-featurespace-to-tackle-fraud?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/101757/paystrax-selects-featurespace-to-tackle-fraud?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 01 Aug 2024 11:07:00 GMT PAYSTRAX, the payment processing solution for merchants across the EU and UK, has teamed up with global fraud and financial crime prevention company Featurespace to enhance security measures against fraudulent activities. Macquarie invests in Hawk https://www.finextra.com/pressarticle/101742/macquarie-invests-in-hawk?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/101742/macquarie-invests-in-hawk?utm_medium=rssfinextra&utm_source=finextrafeed Wed, 31 Jul 2024 20:43:00 GMT Hawk, the leading provider of AI-powered technology for fraud prevention and anti-money laundering (AML), today announced a further extension of its Series B financing, with Macquarie Capital having agreed to join existing investors Rabobank, BlackFin Capital Partners, Sands Capital, DN, Picus, and Coalition. Konsentus Verify arrrives on Temenos Exchange https://www.finextra.com/pressarticle/101725/konsentus-verify-arrrives-on-temenos-exchange?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/101725/konsentus-verify-arrrives-on-temenos-exchange?utm_medium=rssfinextra&utm_source=finextrafeed Wed, 31 Jul 2024 09:37:00 GMT Konsentus today announced that Konsentus Verify, Europe’s leading open banking identity and regulatory checking solution, is now available on Temenos Exchange, the partner ecosystem of integrated fintech solutions. An Post signs with Safecypher to drive down card-not-present fraud https://www.finextra.com/pressarticle/101706/an-post-signs-with-safecypher-to-drive-down-card-not-present-fraud?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/101706/an-post-signs-with-safecypher-to-drive-down-card-not-present-fraud?utm_medium=rssfinextra&utm_source=finextrafeed Tue, 30 Jul 2024 12:12:00 GMT Safecypher, one of Europe’s leading card payments security companies, has launched a new advanced anti-card fraud technology in partnership with An Post. Xerberus launches Siren to allow crypto users to report, map and recover scams https://www.finextra.com/pressarticle/101691/xerberus-launches-siren-to-allow-crypto-users-to-report-map-and-recover-scams?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/101691/xerberus-launches-siren-to-allow-crypto-users-to-report-map-and-recover-scams?utm_medium=rssfinextra&utm_source=finextrafeed Tue, 30 Jul 2024 09:36:00 GMT Xerberus, an industry-leading cryptocurrency risk rating protocol, today launched its free crypto scam recovery tool, Siren, following months of rigorous beta-testing and continuous development. Men more likely to fall victim to a romance scam, while women lose more money https://www.finextra.com/pressarticle/101683/men-more-likely-to-fall-victim-to-a-romance-scam-while-women-lose-more-money?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/101683/men-more-likely-to-fall-victim-to-a-romance-scam-while-women-lose-more-money?utm_medium=rssfinextra&utm_source=finextrafeed Mon, 29 Jul 2024 11:53:00 GMT Barclays is issuing a warning to those looking for love this summer, as Barclays Scams Bulletin data reveals romance scams are on the rise, with the amount claimed in May/June up 139 per cent compared to March/April 2024. Lynx to scale AI fraud detection business with NTT Data https://www.finextra.com/pressarticle/101678/lynx-to-scale-ai-fraud-detection-business-with-ntt-data?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/101678/lynx-to-scale-ai-fraud-detection-business-with-ntt-data?utm_medium=rssfinextra&utm_source=finextrafeed Mon, 29 Jul 2024 09:50:00 GMT NTT DATA, a global leader in business and technology services, today announced its strategic partnership with Lynx Tech, a revolutionary fintech company specialising in AI-driven fraud detection. Qashier unveils fraud soundbox for QR payments https://www.finextra.com/pressarticle/101675/qashier-unveils-fraud-soundbox-for-qr-payments?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/101675/qashier-unveils-fraud-soundbox-for-qr-payments?utm_medium=rssfinextra&utm_source=finextrafeed Mon, 29 Jul 2024 09:21:00 GMT Fintech startup Qashier today unveiled its QashierPay Soundbox in Malaysia, a revolutionary QR payment terminal designed to elevate the safety and security of digital payments and support businesses as they digitise. Galileo debuts 3DS customer portal https://www.finextra.com/pressarticle/101616/galileo-debuts-3ds-customer-portal?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/101616/galileo-debuts-3ds-customer-portal?utm_medium=rssfinextra&utm_source=finextrafeed Tue, 23 Jul 2024 15:06:00 GMT Galileo Financial Technologies, a leader in financial technology solutions and a subsidiary of SoFi Technologies, Inc. (NASDAQ: SOFI), today announced the launch of Galileo 3D Secure (3DS) Access Control Server (ACS). Featurespace and OrboGraph collaborate on cheque fraud detection https://www.finextra.com/pressarticle/101612/featurespace-and-orbograph-collaborate-on-cheque-fraud-detection?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/101612/featurespace-and-orbograph-collaborate-on-cheque-fraud-detection?utm_medium=rssfinextra&utm_source=finextrafeed Tue, 23 Jul 2024 13:44:00 GMT Global fraud and financial crime prevention company, Featurespace, has partnered with OrboGraph, supplier of check processing automation and fraud detection software and services, to better protect the financial services industry from check fraud. The Intersection of Wildlife Trafficking and Financial Crime https://www.finextra.com/videoarticle/3178/the-intersection-of-wildlife-trafficking-and-financial-crime?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/3178/the-intersection-of-wildlife-trafficking-and-financial-crime?utm_medium=rssfinextra&utm_source=finextrafeed Mon, 05 Aug 2024 10:20:00 GMT FinextraTV, Julia Thorn, Senior Marketing Manager, Financial Crime Compliance, LexisNexis® Risk Solutions and Robert Campbell, Programme Director of United for Wildlife, The Royal Foundation of The Prince and Princess of Wales, dive deep into their recently released report on how wildlife trafficking can be combatted with the power of collaboration. Exploring the objectives of the report, the pair doubled down on the importance of enforcement data and how this data can be used for good by looking for patterns that are more relevant to financial institutions than first thought. Further, financial institutions must consider wildlife trafficking as organised crime and as the money involved cannot be hidden under the bed - it moves through commercial entities such as airports and shipping ports - this form of money laundering must be mitigated. Why Traditional AI should be used alongside Generative AI for Fraud Prevention https://www.finextra.com/videoarticle/3174/why-traditional-ai-should-be-used-alongside-generative-ai-for-fraud-prevention?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/3174/why-traditional-ai-should-be-used-alongside-generative-ai-for-fraud-prevention?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 01 Aug 2024 10:31:00 GMT At EBAday 2024, Marc Corbalan, Vice President, A2A Risk Solutions, Visa, explores fraud detection advances and strategies. Generative AI is truly revolutionary and outperforms traditional AI when it comes to analysing text, voice, and imagery, namely describing when transactions are risky. However, Generative AI struggles with numerical data that includes patterns, which is what fraud analysts using search for. This is why traditional AI must be used alongside Generative AI. The global approach to solving payee verification challenges https://www.finextra.com/videoarticle/3167/the-global-approach-to-solving-payee-verification-challenges?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/3167/the-global-approach-to-solving-payee-verification-challenges?utm_medium=rssfinextra&utm_source=finextrafeed Tue, 16 Jul 2024 11:51:00 GMT Albert Sitelis, Head of Partnerships & Market Development at Banfico, discusses the hurdles of meeting the IP regulation compliance deadline for payee verification at EBAday 2024. With over 5000 PSPs in Europe, connectivity remains a major challenge, despite existing name check systems in several countries. Sitelis stresses collaboration among schemes, technical providers, and banks as crucial, and advocates for broader industry involvement beyond banks to combat APP fraud globally, suggesting the need for enhanced data analysis beyond name matching. What African Banks are Prioritising Today https://www.finextra.com/videoarticle/3165/what-african-banks-are-prioritising-today?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/3165/what-african-banks-are-prioritising-today?utm_medium=rssfinextra&utm_source=finextrafeed Mon, 15 Jul 2024 09:00:00 GMT Join FinextraTV at the Temenos Community Forum 2024 as Lee Allcorn, Managing Director, MEA, Temenos and Deribie Asfaw, President, Cooperative Bank of Oromia talk about the priorities for banks across the African continent and the speed at which business and innovation operates here. Today, clients are prioritising trust, security and ensuring that their investments are as risk-free as possible. In addition to this, providing services to those that are unbanked and underbanked in a low cost manner continues to be an issue to be resolved. The conversation also turns to scalability, as financial institutions in Africa look to reach new channels and new markets. Verification of Payee: Why pan-European cooperation matters https://www.finextra.com/videoarticle/3151/verification-of-payee-why-pan-european-cooperation-matters?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/3151/verification-of-payee-why-pan-european-cooperation-matters?utm_medium=rssfinextra&utm_source=finextrafeed Mon, 08 Jul 2024 15:37:00 GMT At EBAday 2024, Hays Littlejohn, CEO, EBA Clearing and Erwin Kulk, Head of Service Development and Management, EBA Clearing, explain how network-based fraud pattern and anomaly detection can boost the customer experience and safety provided by verification of payee checks. The pair exposes the added value that EBA Clearing’s pan-European verification of payee solution will bring as from its launch in December 2024. Cooperation on fraud mitigation was one of the biggest topics at EBAday and this practical example of a collectively designed and delivered toolset makes it clear why joining forces against fraud matters. Implementing Instant Payments: Challenges and Strategies for Banks and PSPs https://www.finextra.com/videoarticle/3135/implementing-instant-payments-challenges-and-strategies-for-banks-and-psps?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/3135/implementing-instant-payments-challenges-and-strategies-for-banks-and-psps?utm_medium=rssfinextra&utm_source=finextrafeed Wed, 03 Jul 2024 16:00:00 GMT At EBAday 2024, Sheri Brandon, Chief Market Officer, Northern & Western Europe, Worldline, sets the scene around the challenges and strategies that permeate when implementing instant payments, including short deadlines that must be met amid many other ongoing regulation projects. Resources can be constrained in these scenarios, and banks must now consider how new regulation will lead to new requirements, such as Verification of Payee, and ensure these processes fit into current processes. The discussion also covers implementation of instant payments and the trade-offs that must be established. Security must be enhanced, the back office must be managed differently and maintenance windows must be rescheduled as liquidity management is of paramount importance. Moving from predictable flows to instant flows will be a cumbersome challenge. 2025 - 2030: Predictions for Real-Time Payments, ISO20022 and APIs https://www.finextra.com/videoarticle/3130/2025---2030-predictions-for-real-time-payments-iso20022-and-apis?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/3130/2025---2030-predictions-for-real-time-payments-iso20022-and-apis?utm_medium=rssfinextra&utm_source=finextrafeed Fri, 28 Jun 2024 14:56:00 GMT At EBAday 2024, Akshat Saharia, Head of European Financial Institutions Product and Propositions, Global Payments Solutions, HSBC discusses the biggest changes to occur across the cross-border payments landscape in the next five years. While 90% of cross-border transactions complete in 30 mins, the other 10% can be delayed, resulting in frustration and a lack of transparency. Robust change will be seen with real-time payment schemes opening up for cross-border payments. In turn, with ISO20022 being mandated from November 2025, banks in the world will be operating with enhanced data, standardised information and LEIs which will significantly enhance STP and reduce costs. Digital transformation through the use of APIs will also bolster end-to-end connectivity, paving the way for value-added services offering increased transparency and verification with Confirmation of Payee. Using Process Automation to Remain Resilient Across 3LOD https://www.finextra.com/videoarticle/3118/using-process-automation-to-remain-resilient-across-3lod?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/3118/using-process-automation-to-remain-resilient-across-3lod?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 20 Jun 2024 11:30:00 GMT FinextraTV and Guy Mettrick, Industry Vice President - Financial Services, Appian, explore how the technology landscape has changed over the past decade and how technology has become a facilitator for operational resilience. Further, with new forms of AI emerging, operational resilience should also be considered, but must not get in the way of innovation. The way forward is process automation and ensuring that technology can be used to mitigate fraud, financial crime, and risk management across the three lines of defence. Private Banking: Today’s Needs and Expectations https://www.finextra.com/videoarticle/3111/private-banking-todays-needs-and-expectations?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/3111/private-banking-todays-needs-and-expectations?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 20 Jun 2024 09:00:00 GMT Join FinextraTV at the Temenos Community Forum 2024 as Shabi Shafei, IT Lead, ABN Amro & Marlou Jenniskens, Managing Director, Digital Wealth Products, ABN Amro, explore how the private banking landscape is changing and with that, banks like ABN AMRO are adapting their products and offerings to ensure they are meeting these shifting expectations. These altering needs are also resulting in changes in how banks leverage technology and collaborate with providers to meet goals. Why Fintech Should Carve Out 20% of Their Strategy For Practical AI Applications https://www.finextra.com/videoarticle/3114/why-fintech-should-carve-out-20-of-their-strategy-for-practical-ai-applications?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/3114/why-fintech-should-carve-out-20-of-their-strategy-for-practical-ai-applications?utm_medium=rssfinextra&utm_source=finextrafeed Tue, 18 Jun 2024 12:24:00 GMT Join FinextraTV at Money20/20 2024 as Scarlett Sieber, Chief Strategy & Growth Officer at Money20/20, delves into the key trends shaping the financial industry. Highlights include the enduring relevance of open banking and the growing impact of AI, with 20% of this year's event focusing on practical AI applications. The discussion covers AI's integration in fraud prevention, KYC, and marketing automation, and reflects on the rapid advancements in the past year. The conversation also addresses Money20/20's commitment to evolving initiatives, including a new stage dedicated to major announcements and sustainable innovations, setting the stage for continued growth and industry leadership. How to manage the key risks of cloud migration https://www.finextra.com/videoarticle/3106/how-to-manage-the-key-risks-of-cloud-migration?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/3106/how-to-manage-the-key-risks-of-cloud-migration?utm_medium=rssfinextra&utm_source=finextrafeed Fri, 14 Jun 2024 11:00:00 GMT Join FinextraTV at the Temenos Community Forum 2024 as Colin Jarrett, Chief Security & Risk Officer, Temenos dives deep into the main security and risk considerations for banks when moving to the cloud or SaaS. The conversation then moves on to how banks can best overcome these obstacles and how technology providers can help financial institutions meet security and risk requirements. IP Regulation, VoP and Interoperability: Preparing for the October 2025 Deadline https://www.finextra.com/videoarticle/3107/ip-regulation-vop-and-interoperability-preparing-for-the-october-2025-deadline?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/3107/ip-regulation-vop-and-interoperability-preparing-for-the-october-2025-deadline?utm_medium=rssfinextra&utm_source=finextrafeed Wed, 12 Jun 2024 15:52:00 GMT FinextraTV and Banfico’s CEO Kannan Rasappan explore all the current moving pieces of the puzzle for payments service providers in the EEA region, dive deep into the biggest challenges ahead of compliance with the incoming instant payments regulation in October 2025 and how Verification of Payee will impact this. VoP must also be considered as a fraud and financial crime mitigator, and the conversation turns to how cross border payments could open the door to potential scams and how banks must stop operating in siloes to prevent them. Banfico is running an upcoming webinar to delve deeper into these topics with other key players in the VOP landscape. Lord Christopher Holmes of Richmond MBE on what the AI Regulation Bill Means for Fintech https://www.finextra.com/videoarticle/3104/lord-christopher-holmes-of-richmond-mbe-on-what-the-ai-regulation-bill-means-for-fintech?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/3104/lord-christopher-holmes-of-richmond-mbe-on-what-the-ai-regulation-bill-means-for-fintech?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 06 Jun 2024 13:01:00 GMT At IFGS 2024, Lord Christopher Holmes provides his view on announcements such the Open Finance Task Force, which were revealed by Bim Afolami MP. Lord Holmes also dives deep into the AI Regulation Bill and how the industry can better align technology for financial inclusion and to benefit vulnerable customers. SEPA Inst Mandate: Impacts on Day 1, Day 90 – and beyond? https://www.finextra.com/featurearticle/2843/sepa-inst-mandate-impacts-on-day-1-day-90--and-beyond?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/featurearticle/2843/sepa-inst-mandate-impacts-on-day-1-day-90--and-beyond?utm_medium=rssfinextra&utm_source=finextrafeed Wed, 31 Jul 2024 10:22:00 GMT Watch this webinar detailing initial - and future – marketplace opportunities and compliance impacts of looming Euro-country instant payments regulations. Global Trade Based Financial Crime: Where Trade and Payments Meet https://www.finextra.com/featurearticle/2835/global-trade-based-financial-crime-where-trade-and-payments-meet?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/featurearticle/2835/global-trade-based-financial-crime-where-trade-and-payments-meet?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 11 Jul 2024 13:56:00 GMT Watch this webinar on how the future of trade finance require holistic solutions and expert insights, to be held ahead of Sibos 2024. Reimagine banking: How to effectively modernise your core and de-risk at the same time https://www.finextra.com/featurearticle/2830/reimagine-banking-how-to-effectively-modernise-your-core-and-de-risk-at-the-same-time?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/featurearticle/2830/reimagine-banking-how-to-effectively-modernise-your-core-and-de-risk-at-the-same-time?utm_medium=rssfinextra&utm_source=finextrafeed Tue, 02 Jul 2024 11:47:00 GMT Watch this webinar, hosted in association with Finastra, to discover how banks can effectively modernise their core banking systems in a rapidly changing world. Banks and Credit Unions: How to Establish the Core Banking Blueprint https://www.finextra.com/featurearticle/2828/banks-and-credit-unions-how-to-establish-the-core-banking-blueprint?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/featurearticle/2828/banks-and-credit-unions-how-to-establish-the-core-banking-blueprint?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 27 Jun 2024 09:50:00 GMT Watch this webinar to learn how smaller, growing financial services institutions must ensure their core systems architecture and client-facing platforms can efficiently compete with larger institutions. Payment Orchestration: Remaining Relevant in Today’s Market https://www.finextra.com/featurearticle/2827/payment-orchestration-remaining-relevant-in-todays-market?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/featurearticle/2827/payment-orchestration-remaining-relevant-in-todays-market?utm_medium=rssfinextra&utm_source=finextrafeed Wed, 26 Jun 2024 12:07:00 GMT Watch this webinar on the similarities and differences between open and closed loop payments, as well as the opportunities that increased accessibility offers businesses. What D.O.R.A means for your security team https://www.finextra.com/blogposting/26551/what-dora-means-for-your-security-team?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/blogposting/26551/what-dora-means-for-your-security-team?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 01 Aug 2024 08:31:02 GMT From January 2025, all UK financial organisations that do business in the EU must comply with the ne... Sponsor's message: [Webinar] Payment Orchestration: Remaining Relevant in Today’s Market https://www.finextra.com/banners/banner.aspx?opt=ad&baid=7497 https://www.finextra.com/banners/banner.aspx?opt=ad&baid=7497 Thu, 25 Jul 2024 00:00:00 GMT [Webinar] Payment Orchestration: Remaining Relevant in Today’s Market