Diebold Nixdorf’s corporate network hit by ransomware attack
ATM provider detected the attack in April, which is says has been dealt with.
Cybersecurity
Featurespace raises £30 million in venture funding
Anti-fraud company nabs new injection to support growth.
Pandemic forces corporations to balance technology investments on risk and agility
125,000+ staff working remotely, 3m chat messages, 780,000 video & internet calls a day – how did Santander do it?
Making a case for payment initiation services (PIS)
It’s a cheaper, faster & more secure method for online payments, so why aren’t PIS being more widely used?
The old-school approach to risk management you need to dump right now
Data that is submitted manually for compliance in many cases can be erroneous.
Temenos rolls out its Financial Crime Mitigation tool on Microsoft Azure
“The cloud is a big investment for us, as we believe it’s the future.”
FIS sets up $150m fintech start-up fund
It’s January investment in Lagos-based Flutterwave marks the first investment.
Mastercard-backed Trust Stamp spins out subsidiary AiiD Global
EXCLUSIVE: the new subsidiary will specifically develop solutions for emerging markets.
Owning customer relationships is a key priority for banks in the era of open banking
The number one concern, unsurprisingly, is ensuring online security.
People power: tracking demand for biometrics in payments
56% of consumers would prefer to use a biometric sensor on their payment card instead of a PIN.
FSB consults on effective practices for cyber incident response and recovery
The FSB welcomes responses to the questions set out in the consultation by 20 July 2020.
Defending against COVID-19: the unforeseen risks
Leaders and managers may find themselves in a response management mode that is unfamiliar.
University of Oxford & Mastercard team up on cyber skills programme
It will feature research, content and data from renowned academics and industry leaders.
Israeli fintech BioCatch raises $145m in Series C
More than 40 financial institutions use BioCatch’s technology.
Fenergo and IBM sign OEM agreement
Both firms will collaborate on the creation of financial crime solutions.
ForgeRock raises $93.5m in Series E funding round
Digital identity firm plans to invest in research and development.
Harnessing new technologies to stop today’s modern account takeover threats
Pairing face-based biometrics with certified liveness detection to crack down on ATO fraud.
Certified liveness detection a must for FCA recommended customer selfies
How to comply with the legislation and ensure that appropriate safeguards and additional checks are in place.
Identity verification platform Onfido bags $100m from TPG
The start-up wants to create an alternative “identity verification” layer for the internet
PayTech Awards deadline extended! Submit your entry by 30 April
We have received more requests for extensions than ever before, so we are extending the entry deadline again until the end of April.
2020 Review: Top five outages, data breaches & cyber-attacks this quarter
Reflecting on some of the most topical outages & cyber-security attacks this past quarter.
How selfies can make us all safer
A simple and quick way for consumers to be able to verify the authenticity of ID documents.
Banking Technology April 2020 issue out now
All things equal: Closing the gender gap in fintech.
Privitar raises $80m in Series C featuring ABN Amro
The latest funding round brings London-based Privitar’s total raised up to $143 million.
Sony Bank picks OneSpan for mobile banking security
The Japanese bank secures launch of new banking app.
The ABCs of eKYC
A how-to guide for online identity verification and eKYC.
Biometric authentication to continue gaining ground in next decade
It’s a known fact, but it’s worth repeating: your personal data is never safe.
COVID-19: a call for digital transformation
This will not be a short-term event so businesses must prepare for the long haul.
Signicat acquires Connectis to tap Benelux region
CEO of Signicat says Connectis had been on the radar “for quite some time”.
Trustonic lands security deal with South Korea’s biggest bank
“KB Bank are taking a more open market approach,” says Trustonic.
PayTech Awards deadline extended! Submit your entry by 10 April
Premier awards for banks, financial, payment & e-commerce institutions, paytech vendors, individuals & teams!
A banker goes a-banking, volume 6: the patience of the lambs
Better is possible. Better is needed. Better is now both a business decision and a moral imperative.
Jumio helps US sectors battling coronavirus verify users for free
Organisations “involved in helping students, patients and vulnerable populations” can apply.
Erste Bank Hungary integrates OneSpan into mobile banking
The bank hopes to keep transactions secure and comply with PSD2.
Are enhanced security procedures more important than faster payments?
The industry is doing all it can to fulfil the SCA requirements laid out by the EBA.
Finastra brings servers back online after ransomware attack
“A bad-actor was attempting to introduce malware into our network,” says firm.
Student Loans Company hit by 5.5m email attacks in 2019
The public body blocked and quarantined all the listed attempts.
Cyber-incidents are on the rise: What can your firm do to defend itself?
Senior management should ask themselves five key questions.
Banking Technology March 2020 issue out now
Keep calm and carry on: Where does COVID-19 leave the Chinese fintech market?
Explained: Cryptojacking
IT professionals constantly need to look for tell-tale signs in their networks.
