Banks refuse to reimburse fraud if consumer ignores any warning message

Banks are refusing to cover losses in fraud cases if they can prove they show fraud warnings at the point of purchase, according to a study from Which? Money.

Businesses suffer longer system outages due to ransomware attacks

Ransomware attacks are becoming more severe with businesses suffering from infections being out for up to 16.2 days on average, up from 12.1 days in the third quarter of 2019.

FCA appoints interim chief executive to take over when Andrew Baily leaves to run...

Christopher Woolard is stepping in as the interim chief executive of the Financial Conduct Authority (FCA) as the old chief executive Andrew Bailey is leaving to become the governor of the Bank of England.

InsurTech startup Coalition to acquire cybersecurity solution

Coalition, a cyber insurance provider for small and midsize businesses, has acquired cybersecurity company BinaryEdge.

Magna Finance picks insurance-focused payment provider Input 1’s services

Input 1 is a digital billing and payments provider to the insurance industry. Now it has been picked by Magna Finance to provide its digital cloud platform for its insurance premium finance business.

News Stories

Millennials less aware about phishing threats than other age groups as nine out of...

Just because they are digitally native, it doesn’t mean that millennials are better at cybersecurity than their older peers.

Pine Labs secures investment from Mastercard

Pine Labs, a payment acceptance software builder, has received an investment from Mastercard as part of a new partnership.

BNP Paribas boosts partnership with Tink to reach Italian customers

BNP Paribas has extended its partnership with open banking platform Tink to supply its customers with more personal finance tools.

Banks refuse to reimburse fraud if consumer ignores any warning message

Banks are refusing to cover losses in fraud cases if they can prove they show fraud warnings at the point of purchase, according to a study from Which? Money.

Businesses suffer longer system outages due to ransomware attacks

Ransomware attacks are becoming more severe with businesses suffering from infections being out for up to 16.2 days on average, up from 12.1 days in the third quarter of 2019.