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Interac appoints David Bruyea group head, financial crimes

Interac Corp. (Interac) today announced the appointment of David Bruyea as Group Head, Financial Crimes, effective immediately. This new executive role reflects the company’s dedication to protecting Canadians from fraud and enabling a more accessible and secure digital economy.

/security

HitPay deploys Flagright security and compliance tech

Flagright has partnered with HitPay to improve payment security and compliance in Southeast Asia.

/security

Westpac introduces Confirmation of Payee

Westpac has today announced the introduction of Confirmation of Payee, a new security feature designed to help customers spot a scam and reduce mistaken payments.

/security

Mastercard Start Path takes on cybersecurity startups

Mastercard Start Path today announced a new Security Solutions program dedicated to supporting high potential startups that are pioneering technologies in cybersecurity, fraud mitigation, digital identity and payment resiliency.

/security

Banqup Group selects iPiD for verification of payee

Banqup Group, the company behind the trusted digital platform Banqup, has announced a partnership with iPiD, a global leader in payee verification technology.

/security

Belgian banks are the first in the Eurozone to go live with Verification Of Payee

Belgian banks are the first in the Eurozone to go live with Verification Of Payee (VOP), well ahead of the October 2025 deadline set by the EU Instant Payments Regulation.

/security

Experian integrates Mastercard ID verification and fraud prevention tech

Experian today announced the integration of Mastercard’s identity verification and fraud prevention technology into the Experian Ascend Platform.

/security

Mastercard bids to combat friendly-fraud in more markets

After a successful launch in the U.S., Mastercard is expanding its data-driven First-Party Trust program to counter the rise of first-party or “friendly” fraud, where genuine transactions are mistakenly or intentionally challenged by cardholders.

/security

PingPong implements Verification of Payee with Form3

PingPong, the world-leading provider of embedded cross-border payment solutions for enterprises, today announces it will be using Form3's Verification of Payee (VoP) solution for SEPA account validation, giving PingPong a competitive edge by implementing compliance measures five months ahead of the October go-live date.

/security

Abacus Group acquires Entara to expand cybersecurity capabilities

Abacus Group, a leading IT Managed Services Provider (“MSP”) and Managed Security Services Provider (“MSSP”) to financial services firms globally, today announced it has acquired Entara, a Chicago-based IT MSP and MSSP serving financial services and other highly regulated, high-touch industries. This acquisition enhances Abacus Group's global reach and capabilities across cybersecurity, professional services, and digital infrastructure.

/security

US cops bust cryptocurrency scam that used Facebook advertisements and scam websites

Brooklyn District Attorney Eric Gonzalez, together with New York State Attorney General Letitia James and Superintendent of the New York State Department of Financial Services Adrienne Harris, today announced that a multi-agency long-term investigation resulted in the disruption of a fraudulent cryptocurrency investment scam that targeted members of the Russian community in Brooklyn and across the country.

/security

NetGuardians and Intix unite to form Vyntra

In a strategic move to combat evolving threats in finance, NetGuardians and Intix have joined forces to launch Vyntra, a groundbreaking financial crime intelligence platform.

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