Are these the weirdest ways the European Banking Authority would allow customer authentication?
From vein recognition to the way people write, the European Banking Authority has revealed some odd ways customers can prove their identities under the new SCA rules.
Online payment fraud losses to exceed $343bn over next 5 years
Global online payment fraud losses are expected to exceed $343bn over the next five years, according to Juniper Research.
Theta Lake bolsters leadership team as the RegTech is set on scaling the business
Collaboration security and compliance technology company Theta Lake has added an award-winning cybersecurity executive to its board of directors and two security industry leaders to its roster of advisors.
T-Mobile confirms data breach after 100 million customers compromised
T-Mobile has confirmed it has suffered a data breach after hackers obtained records of up to 100 million of its customers and is offering to put them up for sale.
Custodia’s CC1 Service: Revolutionizing communication compliance in the era of hybrid work
The Central Bank of Ireland recently conducted a Conduct Risk Assessment of Telephone and Electronic Communications in the securities market. This crucial assessment aimed to evaluate compliance with the Markets in Financial Instruments Directive (MiFID II), especially Article 16(7), which mandates firms to prevent the use of unauthorised communication.
Apiax said to secure funding to support its move into Germany
Digital compliance platform Apiax has reportedly received an investment from the Futury Regio Growth Fund to help its move into Germany.
Loyalty fraud incidents are on the rise
Loyalty fraud has seen a sharp rise in 2019, with the number of incidents increasing by 89% compared with last year.
Reserve Bank of New Zealand underlines rising bank resilience from stress tests
Recent stress tests by the Reserve Bank of New Zealand (RBNZ) have shown increasing resilience in the banking sector and the benefit of continue to build capital buffers.
Refinitiv to deploy its anti-money laundering solutions for STC Pay
RegTech company Refinitiv has been tapped by STC Pay, the financial arm of the Saudi Telecom Company, to help it comply with know your customer and anti-money laundering regulations.
90% of US consumers want added security measures on mobile transactions, study finds
A study from Entersekt has found 90 per cent of US consumers value additional security measures when completing mobile transactions.