Banking security

Banks can address Brexit uncertainty by choosing open source IT solutions

As Brexit uncertainty continues to linger, EnterpriseDB's Matt Peachey makes the case for open source banking software to solve IT professionals' woes

Standard Chartered slapped with $1.1bn fine by US and UK financial regulators

The penalties settle investigations into the bank regarding its compliance with US sanctions against countries including Iran, as well as its anti-money laundering risk standards

UK Finance report reveals banking industry avoids £1.66bn fraud in 2018

A latest report from the UK Finance has revealed that the finance industry has blocked £1.66bn of unauthorized fraud during 2018.

Mastercard to buy Ethoca to boost digital fraud detection capabilities

Mastercard has agreed to acquire Canadian fintech firm Ethoca, which enables merchants and card issuers collaborate in real-time to swiftly detect and resolve fraud in digital commerce.

Refinitiv partners with Liquid to streamline electronic Know Your Customer (eKYC) process in Japan

Refinitiv is partnering with Japan’s Liquid, Inc. to streamline the electronic Know Your Customer (eKYC) process for the Japanese market.

How strong customer authentication will force banks and customers to adapt

Banks across Europe will soon have to comply with new regulations requiring an additional layer of security for electronic payments

Global Cyber Alliance, Mastercard launch new cybersecurity toolkit for small and medium businesses

The Global Cyber Alliance (GCA) and Mastercard have released a new cybersecurity toolkit specifically designed for small and medium businesses.

nsKnox raises $15m led by Viola Ventures and M12

nsKnox, a leading provider of corporate payment protection solutions based on its innovative Cooperative Cyber Security technology platform, today announced the completion of a $15 million Series A funding round.

Compelo Banking Fintech Watch: Latest fintech investments in January 2025

The latest fintech investments for January 2025 including backing for companies including MarketInvoice, Nutmeg, Acorns, Loot, Mimiro, Groww and Petal