Security - Announcements, News, Articles & Research: Finextra

PayPal introduces AI-powered scam alerts

PayPal has launched AI-powered, dynamic scam detection for PayPal and Venmo Friends and Family payments, enhancing protection for our customers around the world.

13 hours

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Unit21 adds device intelligence from Fingerprints to fraud fighting platform

Unit21, a global risk and compliance technology leader that proactively mitigates risks tied to fraud, money laundering, and other financial crimes, has announced its new device intelligence capabilities designed to help fintechs combat the ongoing threat of fraud.

19 hours

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BioCatch takes on social engineering scam market

BioCatch, which prevents financial crime by recognizing patterns in human behavior, today announced the launch of the latest edition of its behavior-based scam-fighting tool: BioCatch Scams360.

17 July 2025

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Cybersecurity vendor Intersys launches in India

Cybersecurity and IT services provider Intersys has launched operations in India with a focus on helping re/insurers and brokers grow their cyber insurance business by improving the cyber risk profile of policyholders.

17 July 2025

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Redwood Bank names new CITO

Redwood Bank has appointed Simon Goodyear as its new Chief Information and Technology Officer (CITO) as it reinforces its strategic focus on technology, data excellence and operational efficiency.

16 July 2025

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Survey shows sharp rise in SaaS breaches

AppOmni, the leader in SaaS & AI security, released its third annual The State of SaaS Security 2025 Report, revealing troubling trends: A sharp increase in SaaS security incidents, a rising complexity in application ecosystems, and that new risks from AI-enabled apps exacerbate the disconnect between widespread confidence in current security measures versus actual risks.

16 July 2025

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Fingerprint launches features to fight fraud in agentic AI era

Fingerprint, a leader in device intelligence for fraud prevention, account security, and returning user experience optimization, today announced new Smart Signals and platform enhancements that detect malicious bots and AI agents, distinguishing them from legitimate automated traffic.

15 July 2025

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Signicat buys NFC-based digital ID outfit Inverid

Signicat, the leading pan-European digital identity platform, has today announced its acquisition of Inverid, the pioneering Dutch provider of NFC-based digital identity verification solutions, for an undisclosed sum from majority shareholder Main Capital and the founders.

14 July 2025

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Prometeo and Jumio form alliance on identity and account validation in LatAm

Prometeo, the leading fintech company specializing in the development of technology infrastructure, and Jumio, the leader in AI-powered identity intelligence anchored in biometric authentication, automation and data-driven insights, have announced a strategic alliance that combines the best of their technologies.

11 July 2025

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AI startups graduate BNY Ascent programme

BNY today announced the successful graduation of five cutting-edge AI and cybersecurity startups from its 2025 Ascent Program, a structured proof-of-concept (POC) platform designed to help early-stage companies validate their solutions in real-world financial services environments.

10 July 2025

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IDnow expands executive tteam

IDnow, a leading identity verification platform provider in Europe, today announced the appointment of three senior executives and a new board advisor, marking a significant step forward in its global expansion.

09 July 2025

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Next Generation taps Sumsub for fraud protection and KYC compliance

A global leader in verification and anti-fraud Sumsub has been selected by France-based fintech platform Next Generation NGPES to provide advanced fraud protection, identity verification and AML regulation compliance as it launches an innovative payment ecosystem, including an EUR-backed stablecoin.

08 July 2025

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