Financial Crime/Fraud Prevention

AppSecOps firm ArmorCode has bagged $11m in a seed funding round led by Cervin Ventures.

Samsung Electronics has released its new fingerprint security designed to improve the confidence of biometric payment cards.

Merck has been awarded $1.4bn from Ace American Insurance after a court cause was ruled in its favour regarding the NotPetya malware outbreak from 2017.

A number of Ukrainian government websites have been hacked in what appears to be a coordinated attack as anxieties between Russia and Ukraine continue to climb.

The Monetary Authority of Singapore (MAS) and the Association of Banks in Singapore (ABS) are to introduce a set of measures to improve digital banking security.

The UK’s National Cyber Security Center (NCSC) has published new guidance for companies to follow when speaking with customers through phone calls or SMS.

After a strong 2021, many RegTech companies are looking ahead to the new year with optimism for another year of advancement and greater innovation. With the pandemic still raging on, 2022 could be another year for RegTech companies to further ingrain themselves into the system. What trends should the industry look out for this year?

A report by payments authentication and monitoring solutions provider Outseer has detailed a massive spike in global brand abuse attacks in the third quarter of 2021.

Trellix, an extended detection and response (XDR) solutions provider, has been officially launched as a result of the merger of McAfee Enterprise and FireEye.

Israeli cloud security firm Polar Security has bagged $8.5m from a seed funding round following a period of stealth by the company.