19 Apr 23 @ 17:15

In October 2022, the European Union finalised the text of its regulatory framework called Markets in Crypto-Assets or MiCA. The final vote on the new regulation is scheduled for April 19, 2023, meaning the... read more

05 Apr 23 @ 09:49

UK financial services organisations are collectively spending £34.2 billion each year on financial crime compliance (FCC), according to the latest True Cost of Compliance report from LexisNexis Risk Solutions. This... read more

17 Mar 23 @ 11:31

The big news that rocked the tech sector this week has been, of course, the collapse of Silicon Valley Bank (SVB), along with the twin failures of Silvergate Capital and... read more

06 Mar 23 @ 17:41

UK financial services organisations are collectively spending £34.2 billion each year on financial crime compliance (FCC), according to the latest True Cost of Compliance report from LexisNexis Risk Solutions. This... read more

20 Feb 23 @ 16:38

With fraud expected to surge amid uncertain economic conditions, Experian has released its 2023 Future of Fraud Forecast, which reveals five fraud threats that could prove challenging for consumers and... read more

16 Feb 23 @ 16:21

We may be in the middle of a crypto winter, and digital assets might have lost two-thirds of their value. But that’s not stopping regulators preparing for a future crypto... read more

16 Feb 23 @ 16:13

New research shows 43 percent of financial services organisations expect the cost-of-living crisis to increase the risk of financial crime and fraud over the next 12 months, as scammers target... 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

13 Dec 22 @ 16:38

New research shows 43% of financial services organisations expect the cost-of-living crisis to increase the risk of financial crime and fraud over the next 12 months, as scammers target vulnerable... read more

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

30 Sep 22 @ 09:15

Neobanks have grown immensely as a result of the COVID-19 pandemic and the increased demand for digital financial services. 8% of US adults and millions more people all over the... read more

06 Sep 22 @ 16:52

The United Kingdom and the Nordic region continue to lead Europe both in terms of digital transformation and card fraud loss reduction. Denmark and Sweden achieved the highest percentage decreases... read more

10 Jun 22 @ 09:45

Last year was a bumper year for investment in the UK Fintech sector: 603 deals were completed in 2021, compared to 470 in 2020 – representing a 28% increase. Additionally,... read more

17 Feb 22 @ 14:25

The UK’s Prudential Regulation Authority (PRA), which oversees financial stability, is to take steps to bolster security for banks in the cloud. Data storage is a systemic vulnerability just like... read more

08 Feb 22 @ 10:49

Remote and contactless payments popularity with consumers grew during the pandemic, which is prompting the need for a robust digital identity infrastructure in the Payments 4.X era.1 In the connected... read more

24 Jan 22 @ 12:13

Experian has released its annual Future of Fraud Forecast, which reveals five fraud threats for the new year. With consumers continuing to take a digital-first approach to everything from shopping,... read more

24 Jan 22 @ 10:26

Spotlight on Corruption, an anti-graft charity, says economic crime costs the UK hundreds of times more than the government spends fighting it each year. Spotlight on Corruption, says in its... read more

18 Jan 22 @ 15:39

The more things change, the more they stay the same. Looking back at 2021 – which promised to be the year that the industry realised the full potential of data-driven transactions, instant... read more

11 Jan 22 @ 10:42

The UK’s Prudential Regulation Authority (PRA), which oversees financial stability, is to take steps to bolster banks on the cloud. Data storage is a systemic vulnerability just like financial risk. The regulator... read more

06 Jan 22 @ 16:50

Traditional approaches to cyber security in payments aren’t working – and the recent huge rise in hacks and fraud proves it. James Wood says it’s time for a radical shift in... read more