Latest Security News: Finextra Research

Garanti BBVA issues biometric card

Turkey's Garanti BBVA has rolled out a Mastercard contactless credit card with a built-in fingerprint scanner.

21 February 2024

Revolut launches AI-based scam detection feature

Revolut has launched an AI-powered anti-scam feature to protect customers from falling victim to authorised push payment fraud.

15 February 2024

/security

Bank of America customers hit by data hack at Infosys McCamish Systems

Bank of America is warning customers of a data breach following a security breakdown at Infosys McCamish Systems, a provider of services for deferred compensation plans at the bank.

13 February 2024

/security

US fraud losses top $10bn in 2023

Americans lost more than $10 billion to fraud in 2023, with investment scams accounting for nearly half of the losses, Federal Trade Commission data shows.

13 February 2024

/security

Older Americans demonstrate more digital financial literacy than younger peers

Digital financial literacy among Americans increases with age, according to research from Capital One.

12 February 2024

/security

NextGen Nordics 2024: Agenda to cover AI, Buy Now Pay Later, data privacy and Request to Pay

The Nordic region has been at the vanguard of innovation across payments for decades, but is that the case in 2024? NextGen Nordics 2024 - a leading conference led by Finextra Research held in Stockholm on 23 April 2024 - will procure an answer to this question from experts hailing from Denmark, Finland, Iceland, Norway and Sweden.

09 February 2024

/security

Revolut says Meta platforms are a 'hotbed' for scams

In tune with bank findings, Revolut scam data for 2023 reveals that the majority of all its reported crime cases in the UK started on Meta platforms.

08 February 2024

/security

Entrust opens talks to take over Onfido

Entrust, a provider of security services for payment cards, passwords and access controls, has confirmed that it has entered exclusive negotiations to acquire ID verification outfit Onfido.

07 February 2024

/security

DBS chief Gupta docked millions of dollars in annual salary over outages

DBS chief executive officer Piyush Gupta is to take a 30% pay cut as punishment for a series of disruptive outages that hit the bank's payments and ATM services last year.

07 February 2024

/security

Mastercard supercharges fraud detection with GenAI

Mastercard is turbocharging its fraud detection technology with generative AI that can scan a trillion data points to predict whether a transaction is likely to be genuine or not.

02 February 2024

/security

Ripple co-founder's personal XRP accounts hacked

Ripple co-founder Chris Larsen says several of his personal XRP accounts have been hacked but dismissed speculation that the company's network was compromised.

01 February 2024

/security

Biometric card pioneer Zwipe backs out of payment card market

Biometric card company Zwipe is backing out of the payments market following disappointing uptake of its fingerprint-powered contactless cards.

31 January 2024

Latest news