Top fintech stories this week – 14 September 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Financial Crime & Fraud
Mexico’s Fintech Law now published and live
Setting fintech standards for Central and South America.
Fraud detector Ravelin reels in £8m funding
Series B round led by BlackFin Capital Partners.
Wells Fargo wholesale banking unit probed for fraud
US Justice Department checking out bank employees and management pressure.
FBI sounds alarm over ATM cash-out attack
It’s warning banks that cybercriminals are preparing a global fraud scheme.
Top fintech stories this week – 10 August 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Feedzai brings machine learning to fraud fight
Turning the tedious and time consuming to dust?
Mitek helps bring mobile deposit to credit unions
Assisting with the fight against cheque fraud and mobile enterprise digital transaction.
Big data start-up Quantexa raises $20m for big plans
Series B funding round led by Dawn Capital.
Thomson Reuters Financial & Risk and Blackstone create Refinitiv
Will be a standalone company. And should lead to shorter headlines.
Feedzai to help Credorax fight merchant fraud
Feedzai uses big data technology to stop payment fraud in real-time.
Banking Trojan Kronos reborn
New version rebranded Osiris and is being sold on underground markets.
ACH Alert in record growth spurt
Tennessee-based payments fraud prevention doubles its staff in response to record growth.
US regulator lures crypto fools with fake ICO site
HoweyCoins might look real, but it isn’t.
Top fintech stories this week – 13 July 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Paytech firm ai Corporation secures $2.5m funding
Firm looks to expand its services in payments globally.
Cyber solution provider ThetaRay gets $30m funding
Investment takes company’s total equity capital to more than $60 million.
Risk info provider TransUnion gets outstanding Iovation
Finalises its purchase of device intelligence company.
PayPal gets anti-fraud ability with $120m acquisition of Simility
Buys fraud prevention and risk management platform.
Risk Ident keeps watch for fraud over Universum
Universum’s device fingerprint tech will up its security.
Avoka on Springboard for deposit account opening
Offering FIs an off-the-shelf solution that integrates digital KYC, fraud and risk evaluation, and funding.
The mistakes financial organisations still make when it comes to phishing
How to go about cybersecurity training in the right way.
Signifyd lands $100m in Series D funding
E-commerce fraud protection provider Signifyd has more than doubled its financing total.
Vasco rebrands as OneSpan, acquires Dealflo
Business solutions company Vasco is making a major pivot.
Fraudsters target BMO and CIBC’s Simplii Financial
Alleged to be in possession of customers’ personal and financial information.
Criminals capture $1.2bn in cryptocurrency since 2017
Anti-Phishing Working Group reveals the danger… and damage.
Fighting a (losing) battle against fraud
It appears financial institutions and businesses in the US are fighting a losing battle.
Infographic: card fraud – is biometrics the missing piece of the puzzle?
Thumbs up as Fingerprints is on hand to help with some pointers.
identitii teams with RPA firm Blue Prism
Will design tech to digitise and automate corporate payment and trade transaction processes.
Mexican banks hit by cyberattacks
Between $15-20m taken from at least five Mexican financial groups.
Capital One buys digital identity start-up Confyrm
“Scrappy little start-up” has made a difference.
Infographic: How to spot cryptocurrency scams
I pity the fool that doesn’t look at this anti-scam infographic.
Credit Karma teams with SpyCloud for dark web data monitoring
Credit Karma expands its identity theft monitoring offering to include data from the dark web.
Centra Tech founders arrested and charged with fraud
Three out of the four charges carry a maximum sentence of 20 years.
SpyCloud lands $5m in funding
All is revealed by security breach detection and account takeover prevention service.
SEC charges Mozido founder with investment fraud
Michael Liberty and “friends” took some real liberties with the cash.
Pindrop is tongue-licking good for biometrics
Jaws drop as it launches Tongueprinting.
Carbanak and Cobalt crime crew caught
Mastermind behind €1 billion cyber bank robbery arrested in Spain.
NICE Actimize brings AI tech to financial crime investigation
NICE Actimize has launched an artificial intelligence (AI) enabled investigation management system.
Trusted Knight nobly unveils Protector Air to fight fraud
Cloud-based solution deploys in-stream between consumers and businesses.
