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FSB calls for greater convergence in cyber incident reporting

The Financial Stability Board (FSB) today published a report on existing approaches to cyber incident reporting and next steps for broader convergence.

/security

Criminals behind £217K scam jailed for total of 55 months

Two criminals from London have been sentenced at Inner London Crown Court after pleading guilty to conspiring together to commit £217,000 of fraud.

/security

FSB calls for greater convergence in cyber incident reporting

The Financial Stability Board (FSB) today published a report on existing approaches to cyber incident reporting and next steps for broader convergence.

/security

ASTRI applies privacy-preserving 'Federated Learning' technology for credit scoring of MSMEs

The Hong Kong Applied Science and Technology Research Institute (ASTRI) joins forces with tech-embracing companies to leverage a privacy-preserving technology, called “Federated Learning”, to develop artificial intelligence (AI) models and output in the form of encrypted parameters that serve as a reference for financial institutions to conduct comprehensive credit analyses for micro, small and medium-sized enterprises (MSMEs) to help them get access to financing.

/security

Seon updates fraud detection technology

SEON, the fraud fighters, is strengthening its mission to eradicate online fraud as it today updated its fraud detection solution with new capabilities that will increase its ability to detect fraud while decreasing false positives from legitimate customers.

/security

Cybersource and Ebanx partner in Brazil for global e-commerce merchants

Cybersource, a Visa solution, and Ebanx, global payments fintech company that specializes in Latin America, announced a new partnership for payments in Brazil.

/security

Contis to offer users variable contactless limits

Contis, the European leader in Banking-as-a-Service (BaaS), today announced it will be launching variable contactless limits for consumers, driving more flexibility, security, and payments possibilities for everyone.

/security

Fidelity Bank upgrades ATMs with Diebold Nixdorf

Diebold Nixdorf (NYSE: DBD), a global leader in driving connected commerce for the banking and retail industries, announced today that Fidelity Bank will replace its entire self-service network with DN SeriesTM ATMs, upgrading to the latest technology.

/security

ComplyAdvantage expands AML service to North America

ComplyAdvantage, a global data technology company transforming financial crime detection, today announced the North American expansion of ComplyLaunch™ a free program for fintech startups. The program provides qualified startups with free access to the company’s award-winning AML and Know Your Customer (KYC) tools plus resources needed to uncover and reduce the threat of money-laundering activities so they can onboard new customers with lower risk and greater trust.

/security

EBA repeals guidelines on the security of internet payments under PSD1

The European Banking Authority (EBA) repealed today its Guidelines on the security of internet payments.

/security

NAB welcomes Government's ransomware action plan

NAB has welcomed the release of the 2021 Ransomware Action Plan by the Australian Government today.

/security

Equicom Savings Bank selects FSS Secure3D for online fraud detection

FSS (Financial Software and Systems), a leading global provider of integrated payment products and a payments processor has partnered with Equicom Savings Bank (EqB) - one of the leading banks in the Philippines to address online fraud and to boost e-commerce growth.

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