Barclaycard’s early data finds that SCA has not had any bad impact, yet
The new strong customer authentication (SCA) rules snapped into force this weekend. However, Barclaycards has so far not seen any an increase of abandoned transactions or declined payments.
Cybersecurity scaleup Acronis achieves unicorn status after $147m funding round
Singapore-founded and Switzerland-headquartered Acronis’ CEO says the company is valued between $1bn and $2bn after the cybersecurity firm’s latest round.
Over $352m in AML fines have been deployed in last four months
More than $352.5m worth of anti-money laundering (AML) fines were handed out globally in the last four months, according to the latest study from Encompass Corporation.
Here’s why your employees are your biggest cybersecurity risk
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.
FICO and Arachnys partner to boost businesses’ KYC efforts
Financial crime compliance solutions provider FICO has entered into a partnership with Arachnys, the client onboarding risk management RegTech firm.
Cyberinc and InfiniVAN sign partnership
Cybersecurity startup Cyberinc has selected InfiniVAN as a cloud service partner.
Nets teams with KPMG to build new fraud monitoring solution
European payments company Nets has teamed up with KPMG to create a new fraud monitoring and prevention solution.
Alleged JPMorgan hacker to plead guilty of stealing 80 million customers’ financial data
Andrei Tyurin is expected to plead guilty later in September to the allegations of having hacked JP Morgan Chase & Co in a hack that netted hundreds of millions of dollars.
Contract management platform Ironclad closes $50m Series C
Digital contracting platform Ironclad has collected $50m in its Series C round.
Risk intelligence platform Strider collects $2m in funding
Strider, a risk intelligence platform which is “illuminating economic espionage”, has raised $2m in funding.
