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Fingerprint and Oscilar combine to combat payment fraud

The world’s most accurate device intelligence platform, Fingerprint and Oscilar, a trailblazer in AI-driven risk and fraud management, partner to empower fintech companies with advanced fraud prevention and detection capabilities while ensuring a frictionless customer experience.

/security

Reliance on digital solutions raising the stakes for bank cyber security

The three European Supervisory Authorities (EBA, EIOPA and ESMA - the ESAs) today issued their Spring 2024 Joint Committee update on risks and vulnerabilities in the EU financial system.

/security

PPRO appoints Bronwyn Boyle as chief information security officer

PPRO, the leading local payments platform, has announced the appointment of a new senior leader, Bronwyn Boyle, as Chief Information Security Officer (CISO).

/security

Finastra supports Confirmation-of-Payee checks for ScotPayments

Finastra, a global provider of financial software applications and marketplaces, today announced the go-live of its Bacsactive-IP Confirmation of Payee (CoP) service with ScotPayments, a centralized payments platform that supports the digital transformation of public services in Scotland.

/security

Symcor launches Payee Verify

Symcor, Canada's leading business solutions provider, announces the launch of Payee Verify to address the escalating challenge of Authorized Push Payment (APP) fraud where unsuspecting individuals are deceived into electronically transferring funds to fraudulent accounts.

/security

Which? calls out TSB and the Co-operative Bank for lax mobile security

Weaknesses in some banks’ security could leave customers exposed to scammers, a new Which? investigation has found, as the consumer champion rates the best and worst firms for keeping customers safe.

/security

Basware debuts AI-based fraud protection product

Basware, a global leader in AP automation and invoice processing, has introduced AP Protect, an AI-powered solution that empowers finance teams to protect their organisations from the threat of profit loss, invoice errors and fraud.

/security

Mulberri and Acronis partner for US SMB cyber insurance

Mulberri, an AI-driven insurance platform, today announced it has partnered with Acronis, a global leader in cyber protection, to embed Mulberri’s Cyber Insurance to Acronis small & medium-sized businesses customers based in the US.

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Cognizant and Fico pair up to fight real-time payments fraud

Cognizant (NASDAQ: CTSH) announced today a planned collaboration with FICO, a leading analytics software company, to launch a cloud-based real-time payment fraud prevention solution powered by FICO® Falcon Fraud Manager.

/security

Revolut releases Financial Crime and Consumer Security Report

Revolut, the global financial app with more than 40 million customers worldwide, has today announced the release of its first Financial Crime and Consumer Security Report, containing exclusive scam and fraud insights.

/security

NAB to offfer a year of free cyber security software to business customers

NAB is urging Australian small businesses to enhance their cyber security, today announcing it will offer a year of free cyber security software to business customers.

/security

ATB Ventures partners thirdstream to scale adoption of ID verification platform

ATB Ventures, the research and innovation arm of ATB Financial, today announced a strategic partnership between Oliu™, its state-of-the-art layered ID verification platform and thirdstream, a leading provider of deposit account opening and retail lending solutions for financial institutions.

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