KB Bank taps cybersecurity firm Trustonic to boost its app’s authentication process
Mobile cybersecurity company Trustonic has been implemented by KB Kookmin Bank (KB Bank) to enable a simpler authentication experience for users of the banks smartphone app.
FCA proposes temporary financial relief for customers impacted by the coronavirus
The UK top financial market watchdog is proposing a three-month payment freeze among other measures designed to help people ride out the COVID-19 storm.
RegTech Signicat acquires Connectis to strengthen its digital identity platform
Digital identity company Signicat has acquired Dutch digital identity specialist Connectis to create a stronger platform.
SEC to hold virtual coffee meetings with public to discuss coronavirus challenges
The Securities and Exchange Commission (SEC) is looking to host “virtual coffee breaks” to engage with players in the financial market to discuss impacts of the coronavirus.
New phishing scam preys on coronavirus fears
A new phishing scam has been found which targets people’s fear of contracting the coronavirus, according to cybersecurity education platform KnowBe4.
Acuant acquires former strategic partner IdentityMind
Identity verification solution developer Acuant has acquired its former strategic partner IdentityMind.
How the coronavirus led to a the UK upping the contactless payment limit to...
Britain is increasing the spending cap for contactless payments from £30 to £45 from April 1 to help people cope with the coronavirus outbreak. However, the move may increase the risk of fraud.
Axonius nets $58m in Series C round led by Lightspeed Venture Partners
Cybersecurity startup Axonius has closed a $58m Series C funding round just seven months after closing its Series B round in August 2019.
How the coronavirus has affected the RegTech industry
The coronavirus has forced the global economy to grind into a halt. While the RegTech industry is not left unscathed, there are opportunities for those that look.
The FCA reminds banks that not all their employees need to be at the...
The Financial Conduct Authority (FCA) has told banks, building societies and credit unions that they need to carefully consider which of their workers should be able to work remotely in order to deal with COVID-19 appropriately.
