Risk & Compliance

14 Oct 20 @ 08:23

The influential Financial Stability Board (FSB) has published the final version of its high-level recommendations for the regulation, supervision and oversight of Global Stablecoin (GSC) arrangements following an earlier public consultation.... read more

13 Oct 20 @ 09:33

Card fraud losses on UK-issued cards totalled £620.6 million in 2019, an 8% decrease from £671.4 million in 2018. At the same time, total spending on all debit and credit... read more

30 Sep 20 @ 18:19

The European Banking Authority (EBA) has launched its 7th annual EU-wide transparency exercise. The objective is to provide market participants with updated information on the financial conditions of EU banks... read more

22 Sep 20 @ 14:11

UK banks achieved the biggest reduction in card fraud losses last year among 18 countries across Europe, according to the updated FICO European Fraud Map. More than half of the... read more

21 Sep 20 @ 11:55

Over the weekend the FinCEN files story broke, one of the most reputationally damaging stories related to major global banks. Leaked secret government documents reveal how the giants of Western... read more

07 Sep 20 @ 14:14

The digital card skimmer landscape keeps evolving, often borrowing techniques used by other malware authors in order to avoid detection. Defenders of the ecosystem look for any kind of artifacts... read more

14 Aug 20 @ 10:27

Data released by the payments industry self-regulatory body Australian Payments Network (AusPayNet) revealed a 19.5% decline in card fraud in 2019, the biggest decline since fraud data was first published.... read more

10 Aug 20 @ 10:14

Duff & Phelps has launched its seventh annual Global Enforcement Review. The report found that H1 2020 has seen an uptick in AML fine values globally totalling $706 million compared... read more

31 Jul 20 @ 10:02

The financial sector is historically one of the most secure industries in the world. It needs to earn trust and convince customers that their hard-earned money is safe. Nevertheless, the fact that banks are guardians of the one... read more

15 Jul 20 @ 10:34

With COVID-19 increasingly being used as a hook to commit fraud, threatening consumers and businesses of all sizes, a recent industry discussion was held to discuss ‘the rise of financial... read more

06 Jul 20 @ 11:08

Fraud has been a problem since coins were introduced more than two thousand years ago. In today’s digital age, the problem won’t go away – indeed, it’s getting worse despite... read more

24 Jun 20 @ 12:10

A group of leading technology, finance and nonprofit companies have joined forces to announce the launch of PayID, a universal payment ID to simplify the process of sending and receiving... read more