security
BankingSantander to Block UK Transfers to Crypto Exchanges in 2023
TechnologyMichel Roig Explores the Trends Accelerating Biometric Payment Card Adoption
BankingFacing up to the Tech Trust Gap – How Do Banks Prove Themselves and Their Tech?
TechnologyCryptomathic Launches Cloud-Based ‘Bring Your Own Key’ Encryption Key Management Service for Users of Amazon Web Services
Lockmaker Assa Abloy Sees Demand Slowing After Forecast-Beating Quarter
Date: October 26, 2022
By Marie Mannes and Anna Ringstrom STOCKHOLM (Reuters) -World no.1 lockmaker Assa Abloy warned of slowing demand in some markets and said it was taking cost-cutting measures after on Wednesday posting a jump in third-quarter profits, helped by strong sales and currency effects. “Demand remains strong in most markets, but due to weaker demand in...
Investing in a Phishing Prevention Toolkit
Date: October 25, 2022
By Lee Schor, Chief Revenue Officer of VIPRE Phishing remains one of the biggest security threats to all businesses – regardless of size and industry. This was reflected in the Cyber Security Breaches Survey 2021, as phishing was identified as the most common type of security attack (82%) last year. The accelerated shift to hybrid work...
Let’s Face It – Banks Have Abandonment Issues.
Date: October 20, 2022
By Aaron Goldsmid, VP Twilio Account Security Aaron joined Twilio in 2021 and leads Twilio’s Identity, Verification, and consumer business. Aaron brings more than 20 years of leadership experience at the nexus of consumer internet, fintech and security. He has helped to build and scale some of the world’s most beloved products. He previously served...
Banks Are Taking a Knife to a Gunfight Without Fraud Analytics
Date: October 19, 2022
By Mark Crichton, Head of Product at Outseer Fraud is a global business, and it’s booming. The number of online fraud attacks continues to rise and shows no signs of slowing down. A PwC crime survey found that in 2021, global fraud losses topped $42bn. In H1 of 2022, Outseer data shows that APP fraud – where consumers are...
Visa, Mastercard Under Fresh Ftc Investigation Over Debit Card Routing – Wsj
Date: October 18, 2022
(Reuters) – The U.S. Federal Trade Commission is investigating whether Visa Inc and Mastercard Inc’s security tokens restrict debit card routing competition on online payments, the Wall Street Journal reported on Monday, citing people familiar with the matter. The credit card giants are already being probed by the Commission for allegedly blocking merchants from routing...
The Security Risks of M&a: What Are the Biggest Pitfalls?
Date: October 14, 2022
By Erwän Keräudy, CEO, CybelAngel Mergers and Acquisitions (M&As) in the financial services sector continue to increase, despite the new economic challenges from inflation and global political conflicts. In 2021, there was an 89% increase in M&A deals across the banking sector, with an average deal value of $693 million. M&As in general are a complex...