Cyber Security

Showing Latest Cyber Security

Digital identity is a must-have for today’s banks – here’s why…

10 Jan 23 @ 12:30

In a new white paper, leading European payment solutions provider Nets, part of Nexi Group, outlines why flexible, modular digital identity systems are core to the digital revolution in financial... read more

AI4CYBER launches as EU wide cybersecurity research consortium

09 Jan 23 @ 17:33

The newly launched AI4CYBER Consortium will work on AI-based security solutions to ease the life of system developers and operators in managing robustness, resilience and response against sophisticated cybersecurity threats... read more

Coinbase settles $100 million anti money laundering failures fine

05 Jan 23 @ 15:59

Coinbase has settled on a $100 million fine and improvements package with regulators for anti money laundering failures. The package includes a backlog of more than 100,000 unreviewed transactions and... read more

Cost-of-living crisis set to fuel fraud

13 Dec 22 @ 16:38

New research shows 43% of financial services organisations expect the cost-of-living crisis to increase the risk of financial crime and fraud over the next 12 months, as scammers target vulnerable... read more

Better user onboarding is key to digital finance – here’s why…

12 Dec 22 @ 10:55

In a previous blog, Plaid’s Zak Lambert outlined the evolution of customer onboarding and explained how Open Banking holds the key to vast improvements in customer onboarding for the digital... read more

Only Digital Identity can unleash the power of digital finance

08 Dec 22 @ 11:52

As the global economy goes digital, Roland Eichenauer, Head of Business Development at Nets, says Digital Identity is a must-have for banks competing to deliver enhanced customer experiences, improved revenue... read more

PE on ice over winter as deal values fall during 2022

05 Dec 22 @ 19:27

The rising cost of leverage as well as volatile valuations amidst a global economic downturn and tightening monetary policies have been identified as the greatest challenges facing the private equity... read more

Bank migrations to the cloud face tough new EU rules

02 Dec 22 @ 11:44

Banks and large financial service providers offering their services in the European Union are set to face tough new regulations on services that have, or are planning to move to... read more

A good week for the payments industry crime fighters

24 Nov 22 @ 16:45

It has been a good week for the guardians of the payments industry. We are very often writing of the upward trends in fraud and the latest channels to be... read more

More than 60% of financial apps are not protected from malware injections

21 Nov 22 @ 17:14

Promon, responsible for uncovering the critical Android vulnerabilities StrandHogg and StrandHogg 2.0, has discovered a new malware threat to Android’s worldwide userbase. Promon tested 384 financial services apps available on... read more

The current state of enterprise blockchain

17 Nov 22 @ 18:04

Enterprises use a permissioned blockchain — known as an enterprise blockchain — to speed up business processes, improve transparency, and reduce costs. The private nature of enterprise blockchains makes them... read more

US banks pay $1 billion in ransomware in 2021

10 Nov 22 @ 17:00

US banks have reported they have collectively made more than $1 billion in ransomware-related payments in 2021 — more than double the amount from the previous year and the most... read more

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UK fraud losses reach four-year high

16 Jun 26 @ 18:17

Financial fraud losses in the UK climbed to their highest level in four years during 2025, highlighting the growing sophistication of criminal networks and rais... more

Visa and Mastercard move to end two-decade swipe fee battle

11 Jun 26 @ 16:00

A landmark legal battle that has shaped the economics of card payments in the United States for more than twenty years has taken another significant step toward... more

Visa announces €500 Million European Investment Signals Strategic Response to Payments Sovereignty Push

31 May 26 @ 12:59

The debate around European payments sovereignty has intensified significantly over the past two years. Policymakers, regulators and financial institutions acros... more