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Taurus launches private token standard for banks

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Taurus launches private token standard for banks

Swiss blockchain startup Taurus has released what it describes as an open-source token standard for debt and equity transactions in a move designed to boost the digital assets market.

Bybit wallet hack sees crooks nab $1.4bn in ETH

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Bybit wallet hack sees crooks nab $1.4bn in ETH

Crypto exchange Bybit says hackers have stolen nearly $1.5 billion in Ethereum (ETH) from one of its cold wallets.

Chase to restrict Zelle payments stemming from social media

/security

Chase to restrict Zelle payments stemming from social media

Chase has warned customers that it will start blocking payments to social media contacts through the Zelle P2P network over fraud concerns.

SEC creates Cyber and Emerging Technologies Unit

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SEC creates Cyber and Emerging Technologies Unit

The US Securities and Exchange Commission has created a Cyber and Emerging Technologies Unit (CETU) to focus on combatting cyber-related misconduct and to protect retail investors from hackers and the misuse of AI.

Singapore records surge in mobile wallet scams

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Singapore records surge in mobile wallet scams

The Singapore Police Force is warning of a rise in scams using phished card credentials and mobile wallets.

Mastercard and Feedzai form scam-fighting pact

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Mastercard and Feedzai form scam-fighting pact

Mastercard has joined forces with financial crime prevention specialist Feedzai to help banks tackle the next generation of AI-powered scams.

Visa launches Tap to Add Card in three new markets

/security

Visa launches Tap to Add Card in three new markets

Visa has launched its ‘Tap to Add Card’ service in Ukraine, Georgia and South Africa, enabling cardholders to add their bank card to their mobile wallet by tapping their card against their mobile phone.

Mastercard launches AI-powered AML service in Asia Pacific

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Mastercard launches AI-powered AML service in Asia Pacific

Mastercard has launched a service in Asia Pacific, called Trace, that uses AI to identify and prevent money laundering and financial crime.

NextGen Nordics 2025 agenda to cover DORA, VoP, CBDC, instant payments, fraud, and GenAI

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NextGen Nordics 2025 agenda to cover DORA, VoP, CBDC, instant payments, fraud, and GenAI

Give the future of payments the green light at the Münchenbryggeriet in Stockholm, Sweden on 29 April 2025 where the stage will be set for a transformative shift in financial services. NextGen Nordics will gather core decision-makers, stakeholders, and experts within the payments sector to focus on digital resilience, advanced technologies, regulatory frameworks, and set a course of action for the financial ecosystem of tomorrow.

OneID scoops new funding from ACF Investors

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OneID scoops new funding from ACF Investors

OneID, the UK’s only provider of bank-verified digital identification services, has secured new funding led by ACF Investors.

Nordnet disables app after customers were logged into wrong accounts

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Nordnet disables app after customers were logged into wrong accounts

Pan-Nordic investment platform Nordnet temporarily shut down its services for four hours on Tuesday after customers reported being able to access other users accounts.

Sardine raises $70m for AI fraud platform

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Sardine raises $70m for AI fraud platform

Sardine, an AI risk platform for fraud, compliance, and credit underwriting, has raised $70 million in a Series C funding round led by Activant Capital.

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