New North Korean malware targets Indian ATMs to steal card details
North Korean is accused of unleashing malware onto the world that attacks Indian ATMs and uses them to steal credit card details.
Israel and Croatia team up to boost FinTech innovation
FinTech entrepreneurs in Croatia and Israel may soon work closer together as the two countries have signed an agreement to encourage innovation in the sector.
ESMA gives Cyprus’ new contracts for differences rules a thumbs up
The Securities and Exchange Commission of Cyprus’ latest proposed rules have gotten a green light from the top EU regulator.
AUSTRAC tells FinTech firms to strengthen their AML protection or suffer the consequences
Australia’s top financial watchdog has put the country’s financial sector on notice by telling stakeholders they better do everything they can to prevent aiding organised crime.
Less than one in three businesses believe they are compliant with GDPR
The General Data Protection Regulation (GDPR) has been enforced since May 2018. However, only 28% of business leaders think they are compliant with the EU’s data privacy law.
Banks warn there is no UK law in place to secure trade with the...
In case of a no-deal Brexit, bankers fear they will not have access to their biggest market.
TSB enlists the help of Vocalink to help customers ensure they send money to...
UK bank TSB has partnered with Vocalink, a Mastercard company, to deliver confirmation of payee for its customers.
UK banks stopped £820m worth of fraud in the first six months of 2019
The banking industry experienced a 14% jump in attempted fraud in the first half of the year, compared to 2018.
PayPal audited by AUSTRAC for money laundering and terrorism funding compliance concerns
Australia’s top financial services watchdog has ordered PayPal to submit to an external audit after expressing concerns that it had been fully compliant with money laundering and terror laws.
HSBC introduces Quantexa’s contextual data approach to weed out fraud and detect financial crime
HSBC has beefed up its financial crime detection system by deploying Quantexa’s contextual big data solutions.
