Risk & Compliance

Showing Latest Risk & Compliance

How to improve user onboarding in the era of digital finance

28 Nov 22 @ 17:05

A new white paper from leading Open Banking platform Plaid explains why user onboarding needs to improve dramatically if digital finance is to reach its full potential. The paper also... read more

UK credit card market report 2022

24 Nov 22 @ 16:00

The latest report of UK credit card trends — for September 2022 — provides clear signs of consumer indebtedness as the cost of living crisis impacts finances. Analysis of the... 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

Growth in APP fraud expected to double by 2026

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

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

Study reveals password usage still dominates financial services

07 Nov 22 @ 18:02

The FIDO Alliance published its second annual Online Authentication Barometer, which gathers insights into the state of online authentication in 10 countries across the globe. New to the Barometer this... read more

Three-quarters of European banks to outsource payments infrastructure

01 Nov 22 @ 15:00

A new study from leading banking and payments infrastructure specialists Tietoevry Banking reveals that almost three-quarters (73.2%) of European banks intend to outsource parts of their payments infrastructure over the... read more

UK Fraud report: H1 2022 sees decline in fraud of 13%

13 Oct 22 @ 11:19

UK Finance has released its latest fraud report covering H1 2022. The report shows that while the end of the pandemic has seen a fall in overall fraud losses, some... read more

Worlds largest crypto exchange Binance suffers massive hack

10 Oct 22 @ 12:28

Over the weekend, Binance, the world’s biggest crypto exchange suffered a cyber hack that has culminated in a estimated loss of around $570 million and further damages the struggling digital... read more

Report: Underscoring the importance of cybersecurity amid shifting fraud threats

07 Oct 22 @ 09:17

Visa has shared an updated look at how fraud has evolved since the height of the pandemic, with criminals simultaneously targeting online and offline vulnerabilities as our daily lives return... read more

56% of FCA regulated firms have not implemented critical Consumer Duty deadline

06 Oct 22 @ 16:15

Businesses are in danger of failing to embrace the opportunity that the upcoming Consumer Duty regulation presents and may not be compliant due to a failure to prepare. New research... read more

Banque de France successfully pilots post-quantum security technologies

27 Sep 22 @ 16:27

The Banque de France has successfully concluded an experimental project to test the implementation of a communication security solution using so-called “post-quantum” algorithms, that are resistant to the computing power... read more

Trending

ETC Mining and the anatomy of a crypto scam

02 Mar 26 @ 11:25

Three months ago, I was approached by marketing representatives of ETC Mining, who paid $2,500 in Bitcoin for native advertising placement. On the surface, the ... more

Takeover talk swirls as PayPal’s valuation slumps

24 Feb 26 @ 12:45

After a bruising year on the public markets, PayPal has become the subject of early-stage takeover interest, underscoring how sharply sentiment has shifted arou... more

Visa and Mastercard accelerate agentic payments through bank pilots

18 Feb 26 @ 13:35

The race to define the next phase of digital commerce via agentic payments has moved decisively into the banking mainstream. [caption id="attachment_57882"... more

Swift launches new framework for cross-border payments

09 Mar 26 @ 14:45

SWIFT has introduced a new international payments framework aimed at significantly improving the speed, transparency and predictability of cross-border retail t... more