ThetaRay unveils financial crime prevention tool for cross-border payments
Compliance technology provider ThetaRay has launched SONAR, a financial crime prevention solution for cross-border payments.
Microsoft releases test lab for simulated cyberattacks
Software giant Microsoft has released SimuLab, an open-source lab technology that will help its platform defences fight against real attack scenarios.
FCA extends SCA deadline to lessen consumer, merchant impact
The Financial Conduct Authority (FCA) has extended the introduction of strong customer authentication (SCA) rules till March 2022 to reduce disruption to consumers and merchants.
EBA publishes findings of EU-wide bank climate risk exercise
The European Banking Authority (EBA) has published the findings from its first EU-wide pilot exercise on banks’ exposures to climate risk.
Deutsche Bank bolsters Asia presence with Singapore ESG centre
Deutsche Bank has revealed it is establishing an environmental, social and governance (ESG) Centre of Excellence (COE) in Singapore.
FBI report finds staggering cybercrime complaint increase over 2020-2021
A report by the FBI’s Internet Crime Complaint Center (IC3) has found cybercrime complaints hiked by 100% over a 14-month period.
Stripe acquires fraud prevention expertise with Bouncer purchase
Payments juggernaut Stripe has acquired card authentication technology company Bouncer for an undisclosed amount.
AXA suffers ransomware attack following ransom payments support removal
Insurance juggernaut AXA has suffered a cyberattack that saw it lose 3 terabytes (TB) of sensitive data from its Asian operations.
MAS to examine buy now pay later schemes for stricter regulation amid concerns over...
Amidst the popularity of buy now, pay later (BNPL) solutions, the Monetary Authority of Singapore (MAS) has raised growing concerns over consumers drowning in unseen debt.
Verizon report finds 85% of data breaches in 2020 involved human interaction
A report by Verizon has found that over 85% of data attacks in 2020 involved some form of human interaction.
