Desjardins Group puts CAD $70m aside for data breach expenses
Desjardins Group, a Canadian financial services provider, has set aside CAD $70M ($52m) for expenses resulted from its data privacy breach.
FinCEN director says casinos play a key role in fighting financial crimes
The Financial Crimes Enforcement Network’s (FinCEN) director Kenneth A. Blanco believes casinos have a key role to play when it comes to preventing financial crimes.
Drawbridge Partners has released new automated cybersecurity management tool
Drawbridge Partners, a cybersecurity firm for hedge fund and private equity managers, has released a new automated management platform.
A standardized API would help ease PSD2 compliance burdens
As the deadline for PSD2 looms and financial services frantically try to get systems ready, application programming interface (API) standardisation would ease challenges, according to a panel at the Global RegTech Summit 2019.
SYNNEX adds cybersecurity tools through Sophos
SYNNEX, a business process services company, has added to its cybersecurity capabilities through the addition of Sophos.
FCA agrees to delay the full implementation of strong customer authentication by 18 months
The UK deadline for businesses to comply with the EU’s new rules for online payments has been postponed. But some warn businesses shouldn’t breathe a sigh of relief yet.
VerifyMe Nigeria launches new know your customer tools
The verification platform VerifyMe Nigeria has launched a new identity verification and know your customer (KYC) product.
Mobile digital identity to be worth $7bn by 2024 – study claims
Mobile digital identity to be a $7bn opportunity by 2024 as it becomes more regularly used, particularly across Southeast Asia and Africa, a new study claims.
Bank Negara Malaysia has suggested new electronic KYC guidelines
Having issued a policy document earlier in 2019, Bank Negara Malaysia has now released a draft for how the rules around electronic know your customer (KYC) could look like in the future in the country.
Paychex launches cyber liability product
Paychex has launched cyber liability protection which will help companies with costs from data breaches, hackers, ransomware and banking fraud.
