Cyberattacks still plague the internet, leaving waves of personal and financial destruction in its path, but making cyber insurance mandatory would help with reparation, according to Richard Fry, head of information security and risk at Covea Insurance.
The cybersecurity threat is constantly evolving and the day a firm believes they have achieved all there is to achieve, is the day they will fall foul to the next emerging risk; the Insider Threat, according to Tony Pepper, CEO at Egress.
Postponements to strong customer authentication (SCA) was the right decision, but regulators must make it clear there will not be a second opportunity for meeting compliance, according to Michael Sass vice president, market product management, security solutions, Europe at Mastercard.
Digital challenger bank Xinja Bank is set to roll out banking accounts for its customers after being granted a full banking licence from the Australian Prudential Regulation Authority (APRA).
Regulators across several US states are scrutinizing apps that enable employees to access salaries before their pay days.
Germany’s FinTech sector has been steadily growing over the past six years, but investment levels have sky-rocketed in 2019, is this the foreshadowing of the power shift from the UK to Germany post Brexit?
With less than a month until the final deadline of Strong Customer Authentication (SCA), fears around preparedness are still prevalent and firms are trying to ensure there will not be a fall in payments come September 14.
Strong developments in payments, lending and RegTech is supporting the rise in Ireland’s FinTech space, according to Jack F. Clarke, Enterprise Ireland UK Fintech Market Advisor.
Financial institutions are turning away from single product vendors as they look to consolidate their regulatory compliance requirements with specialist RegTech firms that offer a suite of solutions, according to John Lee, President at Compliance Solutions Strategies (CSS).
As the deadline for PSD2 looms and financial services frantically try to get systems ready, application programming interface (API) standardisation would ease challenges, according to a panel at the Global RegTech Summit 2019.