30 March 2017
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In wake of EMV switch, US e-commerce fraud soars

In wake of EMV switch, US e-commerce fraud soars

23 hours ago  |  3928 views  |  2 comments | 9 tweets | 11 linkedin

As the US finally made the switch to EMV chip cards, last year saw e-commerce fraud rates jump by 33%, according to data from Experian.

Mastercard acquires NuData Security

Mastercard acquires NuData Security

29 March 2017  |  4502 views  |  0 comments | 10 tweets | 14 linkedin

Mastercard has acquired NuData Security in a move to boost fraud prevention as it prepares for payments from multiple devices connected to the Internet of Things

UK FS firms see fight against cybercrime as major challenge

UK FS firms see fight against cybercrime as major challenge

27 March 2017  |  4634 views  |  0 comments | 10 tweets | 9 linkedin

British financial services firms expect to increase IT spending at a healthy rate in the near future, according to a CBI/PwC survey which also shows that combatting cybercrime is a growing imperative for the industry.

Nets partners Chainalysis to help banks meet AML rules on virtual currencies

Nets partners Chainalysis to help banks meet AML rules on virtual currencies

24 March 2017  |  5579 views  |  0 comments | 7 tweets | 11 linkedin

Nordic payments processor Nets is enlisting the help of distributed ledger technology specialist Chainalysis to help it ensure virtual currency transactions comply with anti-money laundering rules.

SIX and IBM to build Watson-powered cyber-security hub

SIX and IBM to build Watson-powered cyber-security hub

24 March 2017  |  6310 views  |  0 comments | 16 tweets | 13 linkedin

Swiss Financial infrastructure operator SIX is to use the cognitive computing ability of IBM Watson to build a new cyber-security hub to help banks comply with Swiss privacy laws and regulations.

Russian hacker pleads guilty over $500m Citadel malware

Russian hacker pleads guilty over $500m Citadel malware

23 March 2017  |  5601 views  |  0 comments | 2 tweets | 7 linkedin

A Russian hacker accused of helping to develop and maintain the notorious Citadel malware toolkit, which was used to steal more than $500 million from bank accounts, faces up to 10 years in a US prison after pleading guilty to computer fraud.

Voice biometrics prove a hit for Citi in Asia Paficic

Voice biometrics prove a hit for Citi in Asia Paficic

23 March 2017  |  4196 views  |  0 comments | 7 tweets | 20 linkedin

Citibank has enrolled one million Asia Pacific customers in its voice biometric authentication programme, hitting the milestone within ten months of the introduction of the technology in May 2016.

Swift Business Forum, Canada - live blog

Swift Business Forum, Canada - live blog

22 March 2017  |  6719 views  |  0 comments

Welcome to Finextra's live coverage of the Swift Business Forum in Toronto. This year’s conference, on the theme 'building the future', will investigate how the financial industry is adapting in a fast-changing, digital world where new fintech entrants pose an opportunity and a threat, and cyber-crime is a growing problem.

Deutsche Bank opens New York innovation lab

Deutsche Bank opens New York innovation lab

21 March 2017  |  4022 views  |  0 comments | 10 tweets | 8 linkedin

Deutsche Bank has opened an innovation lab in New York, its fourth globally after Silicon Valley, Berlin and London.

SecureKey taps IBM to put identity on the blockchain

SecureKey taps IBM to put identity on the blockchain

20 March 2017  |  8687 views  |  0 comments | 23 tweets | 15 linkedin

IBM has rolled out an enterprise-ready build-your-own blockchain platform and announced a collaboration with Canada's SecureKey on the commercial development of a federated identity service using the Hyperledger Frabric.

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