Fraud & Security

11 Jan 23 @ 13:22

The market cap of all digital assets reached $3 trillion in November 2021, a 21,000% increase since 2016. But that growth has been far from smooth and more recently the... read more

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

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

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

14 Dec 22 @ 12:31

Danske Bank, Denmark’s largest bank, has been found guilty of defrauding US banks through money laundering, and will pay a $2 billion penalty. The bank pleaded guilty in the US... read more

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

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

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

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

17 Nov 22 @ 14:02

APP fraud (Authorised Push Payment) losses are on the rise and expected to climb to $5.25 billion across the US, UK and India by 2026 — a record CAGR of 21%... read more

16 Nov 22 @ 18:09

With a young, dynamic population and a growing economy, Brazil is a hot market for global payments players. But will endemic fraud problems and technical challenges blunt its attraction? There’s... read more

11 Nov 22 @ 10:55

Faced with high inflation and soaring energy prices, consumers are turning to their darker sides and scamming e-commerce retailers in order to get free products, according to an analysis published... read more