Financial institutions will need to redefine their risk-based strategies in 2023
In 2023, FIs will look to strengthen their approach to fighting financial crime.
Financial Crime & Fraud
Four tips to help you design a risk strategy to combat fraud in 2023
Mitigating fraud and building trust with customers should be top of the agenda for businesses in 2023.
Webinar: From intuition to intelligence – fraud trends every risk leader must know for 2023
Learn how data can reveal prevalent fraud trends and inform fraud prevention and risk management strategies.
Banking Tech Awards USA will be returning for a second year
Nominations for the 2023 awards are now open.
FinTech Futures: Top five stories of the week – 9 December 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Getting banked: financial services and the US cannabis industry
We chat with Michael Beird of Infused Banking about how banking is changing for US cannabis businesses.
Video: Socure at Money20/20 USA – Fighting synthetic identity fraud
We chat with Johnny Ayers, CEO of Socure, about how firms can tackle synthetic identity fraud.
From eID wallets to soulbound tokens: future-proofing digital identity
The next five to seven years will usher in a completely new era of digital IDs.
Two suspects arrested in Estonia accused of $575m crypto fraud
Both defendants appeared in court in Tallin and are being held pending extradition to the US.
Featurespace bags funding from US, UK govs to build new financial crime detection solution
Featurespace is developing an AI-powered system to help banks and PSPs detect financial crime.
Why zero trust security is central to operational resilience – and regulatory compliance
Designing systems with a zero trust approach built in must become a fundamental step in the security process.
Blockchain intel firm TRM Labs scores $70m expanded Series B
TRM will use the cash to invest in product development and new hires to meet growing demand for its services.
Infographic: Banks look to risk orchestration technology to combat rising threat of fraud
Brought to you by LexisNexis Risk Solutions.
BNY Mellon launches new aggregated payments platform Vaia
The bank says Vaia will cut the time needed for businesses to connect with any available payment rails.
Diebold Nixdorf partners Featurespace for real-time fraud prevention tech
Diebold Nixdorf will integrate Featurespace’s ARIC Risk Hub into its Vynamic Payments platform.
Delta National Bank & Trust taps Finastra for digital banking infrastructure upgrade
The firm will utilise Finastra’s Fusion Essence and Fusion Payments To Go solutions.
Crowdz to integrate open banking-powered payments with GoCardless partnership
Crowdz will implement three GoCardless open banking-powered payment features across four markets.
Sibos 2022: Breaking finance – how quantum technology will kill secrets
“Quantum, Revisited” with Avast CISO Jaya Baloo and Stacey Jeffrey, a senior quantum researcher at CWI.
Sibos 2022: How to avoid a digital identity crisis
Bianca Lopes makes the case why banks, FIs and regulators should be paying attention to digital identity.
MonetaGo appoints Neil Shonhard as new CEO
Shonhard will take over from co-founder and CEO Jesse Chenard, who will transition to executive chairman.
Finalists announced for Banking Tech Awards 2022
Congratulations to the 2022 finalists!
Kim Kardashian hit with $1.26m SEC fine for crypto promotion violations
The SEC says Kardashian failed to disclose the payment she received for promoting EMAX tokens, a crypto asset.
SEC fines 16 Wall Street firms $1.1bn for recordkeeping failures
For more than three years employees routinely used messaging apps on their devices to discuss business matters.
Video: Quavo at FinovateFall 2022 – Automating fraud and dispute management
We chat with Quavo’s Brittany Usher about the benefits of automating fraud and dispute management processes.
Morgan Stanley’s wealth management arm hit with $35m data protection fine
The SEC says that MSSB failed to protect the personal identifying information of approximately 15m customers.
Fraud prevention and compliance fintech Sardine nets $51.5m Series B
Sardine boasts a client list of over 135 companies including FTX, Blockchain.com and WealthSimple.
Compliance regtech SteelEye raises $21m Series B funding
SteelEye claims the $21m Series B marks the largest raise by a European regtech firm in 2022.
ID verification platform Alloy raises $52m in Series C extension round
The fresh cash will support Alloy’s continuing global expansion.
Is fraud outpacing fintech?
Financial crime continues to reach new heights, but fintech is leading the counterattack.
Webinar: Mitigating fraud and risk on the ACH network
Hear from Nacha and Modern Treasury experts how to effectively manage risk and minimise fraud in ACH payments.
Banking Tech Awards USA 2022 Winners Supplement out now
People, projects & products that demonstrated stellar results, genuine innovation and had a tangible impact.
Banking Tech Awards 2022 – nomination deadline extended
The deadline for nominations for the Banking Tech Awards 2022 is now Friday 19 August.
Does a recession lead to more financial fraud?
A recession brings new challenges to FIs within a changing fraud landscape.
Ohio’s KeyBank taps Quavo for dispute management platform
KeyBank will deploy Quavo’s QFD solution to automate its fraud and dispute processes.
Q&A: How IBM aims to support innovation in the fintech sector
FinTech Futures speaks with IBM’s Prakash Pattni to discuss the role IBM plays in the fintech ecosystem.
How can banks protect the new breed of fraud victims?
Advances in behavioural biometrics technology can help banks catch criminals before they strike.
Equifax acquires chargeback fraud prevention firm Midigator
Midigator automates the chargeback dispute response process and provides real-time data to businesses.
Webinar: The future of payment protection – biometric authentication
How can businesses strengthen their fraud defences with biometric authentication.
Mexico’s NanoPay selects BPC to boost its anti-fraud protection
BPC’s SmartVista solution will enable NanoPay to better protect its credit card customers.
Less than two weeks until nomination deadline for Banking Tech Awards 2022
The deadline for nominations for the Banking Tech Awards 2022 is Friday 22 July.
