Welcome to Finextra. We use cookies to help us to deliver our services. We'll assume you're ok with this, but you may change your preferences at our Cookie Centre. Please read our Privacy Policy.
On the 8th of February, the UK’s Competition and Markets Authority announced its initial findings in its investigation of Microsoft’s roughly 70-billion-dollar acquisition of Activision. Their frosty...
I know what you’re wondering. Wangiri. What the heck does that mean? It’s a Japanese word meaning ‘one (ring) and cut’. So called because fraudsters make one ring calls to consumers from high-rate ove...
Introduction to Fintech as a Service (FaaS) Fintech as a Service (FaaS) is a business model that enables companies to outsource financial technology (fintech) services to a third-party provider. This ...
The UK has the highest level of credit card fraud in Europe, with over 134 card frauds per 1000 people and the average victim losing out to the tune of £8,833 according to think tank Social Market Fou...
APIs provide rapid and scalable applications for banking, payments, and other businesses that require identity verification for AML and KYC compliance. In most countries, some firms are obliged by law...
Aadhaar OKYC transactions jumped 22% in Nov; Aadhaar Verification transactions grew 11% 28.75 Cr eKYC transactions conducted using Aadhaar in Nov Indian Residents’ use of Aadhaar is continuing to adva...
Increased online footfall and transactions mean more opportunities for fraudsters, especially when traffic peaks with holidays, sporting seasons and January sales, for instance. Fraudsters are adept a...
Rates of fraud have continued to soar in the latest 3-year period studied by the UK’s Financial Ombudsman Service (FOS), and neo-banks account for the bulk of increases. This has confused industry obs...
On September 24, 2020, the European Commission published the first drafted proposal for a Digital Operational Resilience Act (DORA) as part of the Digital Finance Package (DFP). The aim is to guide
We have been applying analytics, artificial intelligence (AI) and machine learning (ML) to fraud prevention solutions for over 20 years. Over this time, the financial services sector has completely ...
Once deployed, a lot of smart contracts cannot be easily changed. So, it would be wise to take a close look at potential weaknesses, exploits, and built-in mitigations when it’s not too late for chang...
Employee Onboarding effectiveness defines whether your employee will be engaged or disengaged at work, depending on the impression created on them. Poorly managed onboarding can lead to abandonment, e...