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Security and fraud detection trends to watch out for in 2022

In an age where more and more people are moving online spurred by pandemic restrictions, the importance of security and fraud detection in expanding dramatically.

Korea’s FSC unveils plans to reinvigorate KONEX market

South Korea’s Financial Services Commission (FSC) has announced a raft of measures aimed at revitalising the Korea New Exchange (KONEX) stock market.

Austrian FinTech MOSTLY AI collects $25m to boost data protection

Austria-based MOSTLY AI, which aims to revolutionise how companies work with data, has closed its Series B funding round on $25m.

Why PayPal may be next to enter the stablecoin market

PayPal has confirmed it is looking into developing PayPal Coin, a dollar-backed stablecoin as it looks to expand its footprint in the cryptocurrency space.

Europol to delete data not crime-related following EU watchdog demand

Europol has been ordered by the European Data Protection Supervisor (EDPS) to remove any information related to people with no link to crime.

PassFort successfully concludes SOC 2 audit

RegTech firm PassFort has revealed it has successfully completed its System and Organisation Controls (SOC 2) Type 2 audit.

UK parliament launches crypto advocacy group

The UK parliament has launched a cross-party group of lawmakers to create a framework to regulate digital asset markets, a report by the Financial...

EBA claims asset quality rises, but banks still fear cyber risk

The European Banking Authority (EBA) claims asset quality has improved, but cyber risk is still a major concern for EU banks.

RBI launches Fintech department to deal with Crypto, CBDC challenges

The Reserve Bank of India (RBI) has created a new Fintech department to deal with key challenges in the burgeoning sector.

Starling pulls advertising on Facebook and Instagram for fraud concerns

Starling Bank has pulled all of its paid advertising on Facebook and Instagram due to concerns regarding fraudsters on the platforms.

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