Criminals stole over $1.65m from German bank OLB by cloning customer debit cards
Oldenburgische Landesbank (OLB) has fallen victim to Brazilian criminals who cloned credits cards and then cashed out.
The Dutch central bank is warning cryptocurrency exchanges and digital wallet providers to get...
De Nederlandsche Bank (DNB) has announced that cryptocurrency exchanges operating in the Netherlands will be supervised by the central bank from January 10 2020.
To better combat fraud, financial institutions need a holistic approach – Nets
Financial institutions need a holistic approach to fraud prevention or are in danger of losses spiralling out of control, a new report for payments company Nets.
Increasing number of millennials falling victim to fraud scams
Number of millennials falling victim to scams designed to trick people into handing over cash to fraudsters is rising more than any other age group, according to a study from Lloyds Bank.
Reserve bank of India pushes back KYC deadline, again
The Reserve bank of India (RBI) has reportedly extended the deadline for prepaid payment instruments (PPIs) to be compliant with KYC rules.
swIDch launches its services into North America
swIDch has launched its authentication solutions, which are designed for banks and financial institutions, into the US market.
North Korea denies UN cryptocurrency hacking allegations and compares the accusers to Hitler
Last month, a UN report claimed North Korea had hacked banks and cryptocurrency exchanges. Now, the country denies it.
UN official says cryptocurrencies make it harder to combat child slavery, terror financing and...
Cryptocurrencies are making it more difficult for law enforcement to prosecute criminals guilty of cyber crime, terror financing, money laundering and abuse of children, according to a United Nations official.
How RegTech startup muinmos is like “a self-driving car in a market that has...
Onboarding clients can be a time-consuming and risky process. That’s what Remonda Kirketerp-Møller’s RegTech startup aims to change.
Featurespace develops PSD2-ready solution for fraud prevention
Behavioural analytics platform Featurespace has developed a PSD2-ready fraud solution which can be quickly integrated into banks.