JPMorgan Chase bans FinTech third parties from accessing customers’ passwords
Third-party apps will no longer be able to access JPMorgan Chase’s customer accounts as the bank introduces stricter cybersecurity standards.
Bank Negara Malaysia looking to welcome digital banks into the market
Bank Negara Malaysia has updated its licensing framework for digital banks and is planning on issuing up to five new licenses to qualified applicants.
TypingDNA secures $7m in latest round
TypingDNA, a behavioural biometrics solution, has scored $7m in its Series A round which was led by Google’s AI-focused venture firm Gradient Ventures.
Over two-thirds of CEOs to up their cybersecurity budgets despite fear of attack dropping
More than 70% of CEOs globally are planning to increase their cybersecurity budgets in 2020, after online threats rank as the seventh biggest concern for business leaders in new study.
Clydesdale and Yorkshire Bank customers in uproar after their wages and payments don’t enter...
A Virgin Money subsidy is facing harsh customer criticism after transfers into their accounts failed to materialise.
QIIB implements IBM Safer Payments to improve fraud prevention
Qatar International Islamic Bank (QIIB) has implemented IBM Safer Payments to improve its cross-channel fraud prevention capabilities.
US regulator awards whistleblower $1m for exposing scheme that violated commodities and futures trading...
The U.S. Commodity Futures Trading Commission (CFTC) has emphasised the need for whistleblowers to step forward with a new reward.
Gaming company Razer is the latest company seeking a banking license
Razer Fintech and a consortium of partners have applied for a Digital Full Bank License with the Monetary Authority of Singapore (MAS), as it looks to support undeserved youths and millennials.
US authority accuses French banker of deceiving bond issuer on behalf of an investment...
A trader at a global investment bank is accused of deceitfully manipulating a deal between a bond issuer and the investment bank he was working at.
Three US regulators change the rules for how banks will be assessed
The Federal Reserve Board, the Federal Deposit Insurance Corporation and the Office of the Comptroller of the Currency (OCC) have issued new rules for assessing US banks in 2020.
