Coinone ordered to compensate customer who lost money in a hack
Coinone is a South Korean cryptocurrency exchange that has just been forced to cough up $20,780 to pay a customer who lost money in a 2018 hack.
InsurTech company Sapiens signs partnership with fraud-detection business FRISS
Sapiens International Corporation, a provider of software solutions for the insurance industry, is growing its ecosystem by partnering with FRISS, the automated fraud and risk solutions company.
Supercapital has entered administration as regulator warns about scams
UK payment services provider Supercapital has entered administration after ceasing to provide any regulated businesses on September 12.
Switzerland’s financial regulator is more worried about the “dark corner” of cryptocurrencies than about...
Many legal stakeholders have worried about Facebook’s new cryptocurrency project. However, it is not a Swiss watchdog’s biggest concern.
Most Brits don’t know about the threat imposed by deepfakes
New research has revealed that almost three out of four UK residents have no idea about the threat imposed by deepfake videos.
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.
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.
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.