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Latest Results from /security

/security

Crook jailed for selling software to compromise bank accounts

A man has been sentenced to four and a half years in prison by a London court for selling criminals access to computer software that enabled them to compromise bank accounts.

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Fidor Bank to test fingerprint cards

Fidor Bank in Germany is to pilot biometric payments cards from Zwipe in the second half of 2022.

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MonetaGo pivots from blockchain to cloud citing scalability issues

MonetaGo is ditching blockchain for a shift to the cloud after almost a decade of using distributed ledger technology for its trade finance fraud prevention product.

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Riksbank's Skingsley appointed head of BIS Innovation Hub

The Bank for International Settlements has appointed Riksbank's Cecilia Skingsley as head of the BIS Innovation Hub.

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Singapore banks take further step to tackle digital scammers

Singapore's banks are stepping up their defences against scammers, rolling out a host of measures, including an emergency self-service kill switch for customers to suspend their accounts.

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NatWest launches Confirmation of Payee API for business customers

NatWest has launched an API that lets commercial customers embed Confirmation of Payee into their own systems and processes.

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OCBC capital limits raised over flawed response to SMS phishing scams

The Monetary Authority of Singapore (MAS) has imposed an additional capital requirement of approximately S$330 million on OCBC Bank (OCBC), over deficiencies in the bank’s response to a wave of spoofed SMS phishing scams in December 2021.

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Laybuy hires fraud chief from HSBC as chief risk officer

New Zealand-based buy now, pay later provider Laybuy has hired HSBC's group head of fraud Jamie Byles as its new chief risk officer.

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Mastercard acquires stake in Picus Security

Mastercard has taken a minority stake in Picus Security as part of a programme to identify threat prevention and detection gaps in business cyber defences.

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Mastercard unveils Biometric Checkout Programme

Mastercard has established a technology framework to help set minimum standards for biometric payments at the checkout.

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Checkout.com to acquire digital identity startup ubble

Checkout.com is to extend its merchant financial services portfolio with the acqusition of French digital identity verification (IDV) company, ubble

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Google brings virtual cards to Chrome and Android

Google is working with Visa, Mastercard and American Express to bring virtual cards to Chrome and Android.