Risk & Compliance

Showing Latest Risk & Compliance

UK Banking industry stops £4.5 million of fraud a day in H1 2019

27 Sep 19 @ 12:56

The finance industry prevented £820 million of unauthorised fraud in H1 2019, up 14% on the previous year, according to the latest figures from UK Finance. This is equivalent to £2... read more

Financial threats in H1 2019: Mobile financial attacks rise by 107%

09 Sep 19 @ 14:58

According to a recent report by Kaspersky, the number of mobile financial attacks it detected in the first half of the year rose by 107%, rising to 3,730,378. Analysts at the company... read more

How to be e-commerce compliant with Strong Customer Authentication on cards

04 Sep 19 @ 07:45

As PCM has reported recently, 40% of European banks will not be compliant with the PSD2 regulatory technical standard (RTS) on Strong Customer Authentication (SCA) by the 14th September deadline.... read more

Banking on Risk Intelligence: Protecting the digital vault from cybercrime

13 Aug 19 @ 11:47

There’s no such thing as one size fits all when it comes to the intelligence needed to uncover, specify, and prevent cyberthreats. Each industry faces unique challenges and vulnerabilities as... read more

EMEA Cybercrime Report – Q1 2019

29 Jul 19 @ 10:42

The EMEA region is a patchwork quilt of cultures and languages, defined as much by its diversity as by the commonalities shared by geographical proximity. These unique factors create a... read more

Marriott International facing $123 million GDPR fine data breach

10 Jul 19 @ 10:52

Marriott International Hotel group has become the second firm to face a GDPR fine as the UK regulator continues to bear down on companies that fail to protect data. The... read more

FCA bows to pressure and allows more time for Strong Customer Authentication

01 Jul 19 @ 05:39

As powerful cross industry groups piled on the pressure, the UK’s Financial Conduct Authority (FCA) has published its response to the European Banking Authority’s Opinion on Strong Customer Authentication (SCA) under... read more

EBA publishes an Opinion on the elements of strong customer authentication under PSD2

25 Jun 19 @ 10:12

The European Banking Authority (EBA) has published  an Opinion on the elements of strong customer authentication (SCA) under the revised Payment Services Directive (PSD2). The Opinion is a response to... read more

Banks warn on e-commerce failure as PSD2 deadline looms

24 Jun 19 @ 12:40

The first of the mandated PSD2 deadlines has been and gone and 41% of European banks did not comply with the PSD2 deadline, which required them to provide a testing... read more

Money 2020: FIME disrupts payments testing with industry’s first digital platform

03 Jun 19 @ 16:07

FIME has continued to innovate and adapt testing in line with the rapid digital transformation of the global payments industry. The new FIME Test Factory 4.0 platform enables payment players... read more

European companies feel safer from but spending less on data security

23 May 19 @ 12:08

Digital transformation (DX) is fundamentally impacting the global economy and so is the changing face of data security, and Europe is no exception. Digital transformation facilitates new and transformative ways... read more

Two-factor authentication rated as safest by consumers

16 May 19 @ 07:27

Europeans are increasingly using smartphones and other forms of mobile technology to do their banking Consumers are highly conscious of security when they manage their money using devices, and there... read more

Trending

ECB brings Central Bank money to tokenised market

23 Sep 26 @ 14:34

The European Central Bank has taken a significant step towards integrating distributed ledger technology with Europe’s core financial infrastructure, launchin... more

European E-commerce Hits €911bn as Payments Reshape Online Retail

21 Sep 26 @ 19:41

European e-commerce has broken through the €900bn barrier, underlining the growing importance of digital retail to the continent's economy while intensifying ... more

Inside A7: How Russia built a parallel cross-border payments network

24 Sep 26 @ 16:29

Russia’s attempts to circumvent Western financial sanctions have developed into a sophisticated parallel payments architecture combining traditional banking, ... more