Siemens enlists the services of Swedish security software company Safeture in $840,000 deal
German company Siemens has tapped Safetures to use its enterprise platform to protect its employees and corporate travellers.
QuantaVerse to offer free fraud investigation software during the coronavirus pandemic
QuantaVerse, an automated financial crime investigation solution, is offering its alert investigator to financial institutions for free during the coronavirus pandemic.
Pannovate enlists Salt Edge’s customer authentication services
British payment and digital banking technology venture Pannovate has partnered up with Salt Edge, the customer authentication company, to provide clients with a smooth way of launching regulatory compliant banking and payment services.
Losses from false declines to reach $443bn by 2021
Losses from false declines is expected to reach $443bn by 2021, according to a new report from anti-fraud company ClearSale.
KB Bank taps cybersecurity firm Trustonic to boost its app’s authentication process
Mobile cybersecurity company Trustonic has been implemented by KB Kookmin Bank (KB Bank) to enable a simpler authentication experience for users of the banks smartphone app.
FCA proposes temporary financial relief for customers impacted by the coronavirus
The UK top financial market watchdog is proposing a three-month payment freeze among other measures designed to help people ride out the COVID-19 storm.
RegTech Signicat acquires Connectis to strengthen its digital identity platform
Digital identity company Signicat has acquired Dutch digital identity specialist Connectis to create a stronger platform.
SEC to hold virtual coffee meetings with public to discuss coronavirus challenges
The Securities and Exchange Commission (SEC) is looking to host “virtual coffee breaks” to engage with players in the financial market to discuss impacts of the coronavirus.
Acuant acquires former strategic partner IdentityMind
Identity verification solution developer Acuant has acquired its former strategic partner IdentityMind.
How the coronavirus led to a the UK upping the contactless payment limit to...
Britain is increasing the spending cap for contactless payments from £30 to £45 from April 1 to help people cope with the coronavirus outbreak. However, the move may increase the risk of fraud.
