10 May 23 @ 17:24

Recent data has shed light on the growing threat of cryptocurrency-related money laundering. The survey by First AML, which gathered responses from 250 UK business leaders and individuals working in... read more

09 May 23 @ 12:14

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

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

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

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

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

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

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

15 Dec 21 @ 10:04

Anti Money Laundering (AML) red flags have been indicated at more than a third of UK-licensed electronic money institutions (EMIs), according to Transparency International UK. Transparency International UK warned in... read more

09 Dec 21 @ 10:36

The transition to electronic money continues at pace and has been accelerated by Covid-19. The Bank of England (the Bank) reports that around 95% of the funds that people hold... read more

30 Nov 21 @ 16:59

Amid hype about alternative payments and digital currencies, prepaid cards are booming – with growth projected to run faster than e-commerce world-wide over the next ten years. Payments Cards &... read more

18 Oct 21 @ 12:04

There are now some 479 e-money institutions (EMIs) across the European Union and a further 235 in the UK. EMIs store cash for their customers in a digital format for... read more