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The Canadian Bankers Association said to call for federated biometrics

The Canadian Bankers Association (CBA) is a reportedly urging the country to increase adoption of blockchain and biometrics in order to boost digital identification capabilities.

Cybersecurity platform GM Security Technologies acquires 1st Secure IT

GM Security Technologies, a provider of cybersecurity and compliance services, has acquired 1st Secure IT, an auditing and information security and fraud prevention solution.

Wanchain joins Rivetz and ElevenPaths for mobile blockchain security

Security solution providers Rivetz and ElevenPaths have partnered with Wanchain, a blockchain network connector, to offer secure mobile blockchain solutions.

OneLogin opens Atlanta office, a week after $100m funding round

Cybersecurity platform OneLogin has opened an eastern regional office in Atlanta, a week after the close of a $100m round.

The US CFPB has asked Congress for authority overseeing Military Lending Act

US Consumer Financial Protection Bureau (CFPB) director Kathleen Kraninger has asked the US Congress to provide the CFPB with ‘clear authority to supervise compliance’ of the Military Lending Act (MLA).

Advanced Fraud Solutions, Q6 Cyber partner to combat payment card fraud

Advanced Fraud Solutions has partnered with Q6 Cyber to help financial institutions boost fraud prevention and detection.

ScaleFactor raises $30m for Series B to support growth across US

ScaleFactor, a smart finance and automated accounting platform, has raised $30m for its Series B round.

How is the market reacting to AML5?

Business opportunities presented by AML5 are so substantial, financial institutions will adopt the standard significantly before the deadline, according to Iván Nabalón, CEO at ElectronicID.

50% of Hong Kong consumers happy to share financial data with 3rd-parties

Half of consumers in Hong Kong are happy to let third-parties access their financial data so they can access more personalised banking services and higher returns, according to a study from Accenture.

Fiserv acquires and merges with First Data

Fiserv has acquired and merged with First Data Corporation to create a payments and financial technology provider.

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