8 Results
Paul Hampton Security Expert at Thales
Increasing security threats, hybrid working, uneven economic outlooks, geopolitical conflicts and ever-increasing regulatory compliance mandates have all put untold strain on the financial services industry in recent years. While organisations in this sector are typically ahead of other industries in cyber defence maturity due to their highly regu...
28 February 2023
Last year Amazon announced the adoption of a game changer for payments; Amazon One, which allows shoppers to pay at stores by placing their palm over a scanning device when they walk in the door or when they check out. A bold move by the retail giant which aims to offer the complete shopping journey for customers by changing how identification at ...
01 February 2021 /security /payments Biometrics
The financial industry is one of, if not the most regulated industries in the world. As such, while innovation may appear to be on a smooth road in other sectors, to many the financial world can be viewed as a little slow to the party. However, while the industry can be cautious and rightly so given the role it has in society, innovation is by no ...
03 September 2020 /security /regulation Blockchain in Banking and Financial Services
On New Year’s Eve 2019, hackers struck foreign exchange giant Travelex and held them to ransom. The London headquartered firm with a presence in more than 70 countries, were forced to take down all its global websites. $6 million was demanded (£4.6 million) to return access or else customer information would be released. Sensitive personal informa...
10 March 2020 /security /crime Information Security
Cryptocurrencies have come a long way from the initial emergence of Bitcoin. In fact, the meteoric rise of its value last year, coupled with JP Morgan venture into the space and Fakebook’s imminent launch, means that mainstream awareness is at an all-time high. However, whilst this may the case, uptake of cryptocurrencies hasn’t been in its masses...
26 June 2019 /security /inclusion Fintech
Over the past few years, data breaches have increased in frequency and size, making the need to protect sensitive information a top priority for businesses worldwide. According to recent reports, there were 888 data breaches in the first half of 2015 alone, compromising 246 million data records of customers’ personal and financial information worl...
16 December 2015 /security /retail
While cash and card payments are still the most widespread methods of payment, studies show that UK shoppers increasingly prefer using mobile payments instead of credit cards. Mobile payments could very well become the new norm, especially now that all the major players – including Apple, Google and Samsung – have developed apps enabling users to...
27 November 2015 /security /payments
The use of online banking and shopping has grown significantly, but so too has the number of security threats targeting such services. According to the latest Breach Level Index report, 888 data breaches occurred during the first half of 2015 alone, compromising 246 million records worldwide. However, while cash and card payments are still the mo...
01 October 2015 /security /payments
Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.
Please read our Privacy Policy.