Risk & Compliance

17 Feb 23 @ 18:15

The EU’s second payment services directive (PSD2) included revolutionary concepts – but also accusations of adding friction for consumers. With the European Commission having closed its public consultation on PSD3,... read more

17 Feb 23 @ 18:04

Quantum computers have the potential to break cryptographic schemes, such as Rivest–Shamir–Adleman (RSA) and Elliptic Curve Cryptography (ECC); these are used in EMV card payment systems for offline authentication to... read more

16 Feb 23 @ 16:31

Here’s some good news: fraud is going down. Or at least, the number of companies affected by fraud has decreased slightly since 2018, according to a new PwC study. However,... read more

10 Feb 23 @ 11:11

For decades, banks have acted as the trusted custodians of customers’ personal data, with strong Know Your Customer (KYC) procedures, strict regulation, high customer engagement, and best in class security... read more

07 Feb 23 @ 14:37

The rate of change in the business world is increasing exponentially. Disruptive companies are upending whole industries by introducing new technologies and business models quickly copied and adopted by their... read more

01 Feb 23 @ 11:45

Regulators for the European Union banking sectors have announced a stress test to evaluate how banks would manage with an extended period of high inflation and prolonged high interest rates.... read more

31 Jan 23 @ 18:18

Moody’s is reported to be working on the early implementation of a scoring system for stablecoins, the crypto sector’s most traded tokens, as the asset class grows and faces increased... read more

26 Jan 23 @ 20:31

Computer security experts have developed a system capable of guessing computer and smartphone users’ passwords in seconds by analysing the traces of heat their fingertips leave on keyboards and screens.... read more

25 Jan 23 @ 09:51

The Economic and Monetary Affairs Committee, part of the European Parliament, has voted to impose strict restrictions on banks seeking to hold crypto. Banks will have to treat crypto as... read more

20 Jan 23 @ 11:22

Money laundering and other financial crime fines handed out to banks and FI’s have peaked at more than 50% of last years total, demonstrating that the penalties are simply failing... read more

19 Jan 23 @ 16:42

LockBit has been busy: in just the past month, it has claimed to have compromised 40 organisations, from a private school in Malaysia to a dental group in Sydney, helping... read more

17 Jan 23 @ 18:23

Researchers at Cyble Research & Intelligence Labs (CRIL) have found a new version of the Android banking Trojan called Godfather. The new version of Godfather uses an icon and name similar... read more