Latest news

Search
clear
clear
Reset all filters

Latest Results from /security

Banco Santander suffers data breach at third party supplier

/security

Banco Santander suffers data breach at third party supplier

Banco Santander has reported a data breach at a third party provider that exposed client and employee data.

Global mobile banking malware surges 32%

/security

Global mobile banking malware surges 32%

Global mobile banking trojan attacks on Android users grew by a third in 2023, while cryptocurrency-related phishing also saw a sharp increase, according to a Kaspersky report.

EBAday 2024: Confirmation of Payee’s impact on instant payments and fraud in Europe

/security

EBAday 2024: Confirmation of Payee’s impact on instant payments and fraud in Europe

Confirmation of Payee (COP) has a key role in the instant payments infrastructure as a service that verifies account names prior to making a payment, the scheme ensures that funds are being transferred to the correct account.

APP scam reimbursement rules extended to Chaps

/security

APP scam reimbursement rules extended to Chaps

The UK's Payment Systems Regulator is to extend its scam reimbursement programme to transactions taking place across the Chaps high value payments network.

SoFi fined $1.1 million over flawed ID programme that led to multi-million dollar fraud

/security

SoFi fined $1.1 million over flawed ID programme that led to multi-million dollar fraud

SoFi's self-directed retail brokerage unit has been fined $1.1 million by financial regulator Finra over ID verification failures that enabled thieves to steal $8.1 million from the accounts of customers at other financial institutions.

SurePay wins Belgian bank mandate for Confirmation of Payee technology

/security

SurePay wins Belgian bank mandate for Confirmation of Payee technology

Belgium's Centre for Exchange and Clearing has selected SurePay to provide Confirmation of Payee technology to the domestic banking industry.

Visa applies generative AI to clamp down on brute force attacks

/security

Visa applies generative AI to clamp down on brute force attacks

Visa is introducing a generative AI tool to assign real time risk scores to transactions in a bid to stop enumeration attacks that use automated scripts and botnets to test for vulnerabilities.

RBC launches incubator

/security

RBC launches incubator

The Royal Bank of Canada is backing a new incubator programme for fintech and cybersecurity startups.

Permira to take majority stake in BioCatch

/security

Permira to take majority stake in BioCatch

PE firm Permira is buying a majority position in BioCatch in a deal that values the Israeli behavioural biometrics company at $1.3 billion.

Bank of Ireland to equip call centres with single customer view and voice biometrics

/security

Bank of Ireland to equip call centres with single customer view and voice biometrics

Bank of Ireland is spending €34 million to overhaul its call centre operations, providing operators with a single customer view and introducing voice biometrics for added security.

HSBC and PayPal tackle quantum-safe cryptography in payments

/security

HSBC and PayPal tackle quantum-safe cryptography in payments

HSBC and PayPal are among the founding member of a new working group investigating the adoption of quantum-safe cryptography in the payments industry.

NextGen Nordics 2024: A closer look at Confirmation of Payee

/security

NextGen Nordics 2024: A closer look at Confirmation of Payee

Moderating her last panel of the day, Finextra’s head of content Madhvi Mavadiya discussed Confirmation of Payee (COP) with Christina Fransson, senior payment product specialist of FIS in EMEA, Greg Huguet, European regional director at iPiD, Paulina Kudlacik, Confirmation of Payee scheme manager at the Nordic Payments Council, and Richard Ross, global payment market infrastructure expert at Swift.

Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.

Please read our Privacy Policy.

Accept