Risk & Compliance

27 Sep 22 @ 14:22

Recent work[1] by McKinsey and Company has shown that banks improving their customer experience generate more revenue than their peers. While customer service, especially in the digital channel, has been... read more

20 Sep 22 @ 14:33

A new white paper by leading European banking infrastructure provider Nets says banks must do more to make initiating a disputed transaction easier for customers. Failure to do so will... read more

20 Sep 22 @ 11:10

Citibank has been told it is entitled to recoup $500 million that it accidentally wired Revlon, a US appeals court has announced. Reversing a lower court ruling, the 2nd U.S. Circuit... read more

08 Sep 22 @ 16:33

For more than a decade, Verizon has documented compliance trends in the evolving payment security industry. The Payment Security Report (PSR) has tracked compliance ups and downs, while keeping a... read more

07 Sep 22 @ 16:49

The ‘return to normal’ from the pandemic in 2021 was uneven across the continent due to variances in vaccine rollout, resurgence of Covid infections, and policies regarding retail, travel and... read more

05 Sep 22 @ 17:25

Early last week, Walmart asked the federal court handling the FTC’s lawsuit into money transfer fraud to dismiss it. Walmart’s brief lays out several reasons why the FTC’s case is... read more

02 Sep 22 @ 11:13

Just days after a report showed the publics overwhelming support of the UK’s Digital Identity and Attributes Trust Framework (DIATF), the National Australian Bank and the Findynet Cooperative, which includes... read more

30 Aug 22 @ 15:21

Citibank has been forced to shut down its consumer and local commercial banking operations in Russia after it proved impossible to find a buyer for the businesses. The bank announced... read more

22 Aug 22 @ 13:53

2022 has been a tumultuous year for cryptocurrency markets, with significant price declines across all currencies in May and June. While there’s no telling if we’ve reached the bottom, as... read more

19 Aug 22 @ 14:08

Cybercriminal gangs launch ransomware attacks to encrypt businesses’ sensitive data and get paid a significant ransom. Sometimes hackers even use a method called double extortion. They threaten the organization to... read more

17 Aug 22 @ 09:00

In a new white paper, transaction security specialists Ondato explain why the rapid development of Open Banking across Europe means banks, merchants and PSPs must turn to smarter, joined-up KYC... read more

05 Aug 22 @ 10:28

Cybersecurity firm SonicWall has released new data that shows that hackers are increasingly targeting financial firms such as banks and trading houses with cryptojacking attacks designed to use their computer... read more