252 Results from /security, 2016
/security
As Finextra pulls the shutters down on 2016, we take a look back at our most popular news stories, videos, and community engagement activities over the course of the past year. The site will re-open for business on 3 January 2017.
21 December 2016
Four men who caused a series of explosions and fires at cash machines have been jailed for a combined total of more than 43 years.
An ex Goldman Sachs trader who stole software from his employer has disobeyed a judge's order to turn over the stolen intellectual property so that he can profit from it upon his release, a London court heard
16 December 2016
One of Turkey's largest banks could be liable for up to £4 million after suffering a cyber attack on the SWIFT global money transfer system, according to Reuters.
Consumer group Which? has accused the UK's Payment System Regulator (PSR) of letting banks off the hook by not forcing them to reimburse customers who fall victim to online money transfer scams.
Bitter rivals Visa and Mastercard have struck a deal that lets each firm's digital wallet service request the other's tokenised payment credentials.
15 December 2016
Joshua Aaron, the US fugitive suspected of carrying out the largest ever cyber attack on Wall Street, has returned to the US to face trial after hiding out in Russia for more than 18 months.
Sumitomo Financial Group is testing facial recognition technology from NEC on purchases made by employees at its banking and cards operations.
14 December 2016
Nasdaq Stockholm and its derivatives clearing operation have been hit with a Skr55 million fine by Swedish regulatory authorities for serious deficiencies in the management of cyber risks.
13 December 2016
Tesco Bank may have left itself open to fraud by issuing debit cards with sequential numbers, according to a report by the FT.
12 December 2016
Citibank is rolling out a new mobile app that combines banking, wealth management and money movement features on a single biometrically-secured application.
08 December 2016
The European Banking Authority is struggling to keep pace with the timetable for the delivery of Regulatory Technical Standards (RTS) for the revised Payments Services Directive (PSD2), after being overwhelmed by the large volume of responses to market consultations.
07 December 2016
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