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PayPal teams with Arkose to tackle fraud on its Honey platform

PayPal has entered a collaboration with online fraud and abuse prevention company Arkose Labs to tackle fraud and security threats on its Honey shopping platform.

FaceTec, Onfido team to take on growing digital fraud challenge

US face matching platform FaceTec has partnered with identity verification company Onfido to combat the rising challenge of digital fraud.

US hacker pleads guilty to selling healthcare employee data on dark web

A dark web hacker has pleaded guilty to stealing information from 65,000 employees of the University of Pittsburgh Medical Center (UPMC).

Tessian looks toward acceleration following $65m Series C

UK security company Tessian has closed a $65m Series C funding round led by March Capital.

UK finance sector ninth biggest CO2 emitter in the world, report finds

A Greenpeace-led report has found UK banks and assets managers were responsible for 805m tonnes of CO2 in 2019 – making it the ninth-largest carbon emitter worldwide.

ThetaRay unveils financial crime prevention tool for cross-border payments

Compliance technology provider ThetaRay has launched SONAR, a financial crime prevention solution for cross-border payments.

NatWest lets customers set transfer limits to reduce payment scam damage

NatWest is now allowing customers to establish their own daily digital bank transfer limits to reduce the impact caused by authorised push payment (APP) scams.

Microsoft releases test lab for simulated cyberattacks

Software giant Microsoft has released SimuLab, an open-source lab technology that will help its platform defences fight against real attack scenarios.

FCA extends SCA deadline to lessen consumer, merchant impact

The Financial Conduct Authority (FCA) has extended the introduction of strong customer authentication (SCA) rules till March 2022 to reduce disruption to consumers and merchants.

FCA completes transition to new data collection platform

The Financial Conduct Authority (FCA) has completed its move from Gabriel to RegData, the organisation’s new data collection platform.
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