Latest Security News: Finextra Research

Over £1bn stolen by fraudsters in 2024 - UK Finance

Criminals stole £1.17 billion through fraud in the UK last year, with a slight fall in authorised push payment fraud losses offset by a rise in remote purchase fraud.

28 May 2025

/security

Singapore ponders caning punishment for scammers

Singapore is considering drastic action to tackle its scam epidemic - the introduction of caning for offenders.

28 May 2025

/security

EBAday 2025: Strategising for instant payments and financial crime

The afternoon sessions in the main stream focused on strategising for instant payments and financial crime.

27 May 2025

/security

EBAday 2025: Building the banking ecosystems of the future

Wolfgang Ehrmann, chairman of the board, Euro Banking Association (EBA), kicked off EBAday 2025 in the historic Louvre in Paris with a welcome statement. Ehrmann reflected that today marks the 20 year milestone of EBAday as well as the fortieth anniversary of the EBA, and highlighted the event’s growth to over 1,400 experts in Paris today.

27 May 2025

/security

Industry groups call on SEC to ditch cyber disclosure rule

A coalition of US financial trade associations are calling on the Securities and Exchange Commission to rescind its cyber incident disclosure rule, claiming that it endangers victims.

23 May 2025

/security

Temenos Community Forum welcomes an era of innovation, customer centricity and agentic tools

Temenos CEO Jean-Pierre Brulard opened this year’s Temenos Community Forum (TCF), in Madrid, Spain, with an impassioned speech focused on customer and partner gratitude.

22 May 2025

/security

Cyber attacks keep me awake at night - HSBC UK boss

The boss of a UK high street bank has told a panel of politicians that the possibility of a cyber attack "keeps me awake at night".

21 May 2025

/security

JPMorgan issues AI-generated Account Confidence Score for corporate payments

JPMorgan Payments is supplying treasurers with an AI-generated Account Confidence Score, enabling corporate clients to assess fraud risk before initiating a payment.

20 May 2025

/security

UK businesses would adopt open banking for security benefits

More than 40% of British businesses are keen to integrate open banking into their operations citing the potential benefits of increased security and fraud prevention, but many are held back by lack of understanding, according to a study from NatWest.

19 May 2025

/security

Coinbase says crooks bribed workers for customer data in breach that could cost it $400m

Coinbase says that crooks bribed employees and contractors to steal customer data for use in social engineering attacks in an incident that may cost the crypto exchange up to $400 million to address.

15 May 2025