Norway's Signicat has secured €1.36 million in phase two funding from the EU's Horizon 2020 programme with the objective of creating a fully-compliant ID assurance and digital onboarding toolbox for use by European financial institutions.
A digital ID startup backed by BBVA has launched a mobile app that uses biometrics and private key technology to help users securely store, share and verify their identities and documents.
Belgium's major banks and mobile network operators have joined forces to create an app that lets people replace their various online usernames and passwords with a single code or fingerprint.
Credit referencing firm Equifax has reported a cyber-breach which spilled the personal details of approximately 143 million US consumers.
Daniel Kaye, a 29 year old from Surrey, has been extradited from Germany to face allegations that he was responsible for a series of cyberattacks against two UK high street banks - Lloyds and Barclays.
The growth of online banking and digital currencies haver been cited as the main causes of a massive rise in organised crime in Australia's financial sector according to the country's criminal intelligence agency.
© Finextra Research 2018