InnoCapital the corporate venture vehicle of Banco Sabadell's InnoCell digital hub has led a EUR1 million investment round in voice authentication startup Biometric Vox.
Two years after the infamous Bangladesh Bank hack, an Indian bank says that cybercrooks compromised the bank's connection to the Swift messaging system to make three fraudulent transfers worth nearly $2 million.
Swiss financial markets regulator Finma has updated its rules for digital client onboarding to reflect advances in technology such as the ability to authenticate a user with a "selfie with liveness detection".
The romantic marketing suits at UK bank Natwest have chosen to mark Valentine's Day by carrying out a psychological experiment that demonstrates how easily crooks can extract valuable personal information by exploiting our amorous desires.
European Central Bank executive board member Yves Mersch has given a spirited defence of cash, praising its ability to facilitate privacy, equality and security, insisting there is "no viable alternative" to the humble euro banknote.
The US Department of Justice has indicted 36 alleged members of a cybergang accused of causing more than $530 million in losses through the acquisition and sale of, among other things, compromised debit and credit cards and banking information.
Nordea is implementing biometric authentication from Veridium for employees handling confidential customer data.
US authorities have charged two men with bank fraud after they allegedly used malware to jackpot ATMs and empty the machines of cash.
Cybersecurity takes top billing in the European Union's upcoming Fintech Action Plan, with a draft emphasising efforts to improve cooperation and coordination between market participants and regulators.
ABN Amro's fintech venture fund has participated in a $17.5 million raise for cybersecurity firm BehavioSec.
© Finextra Research 2018