Thomson Reuters acquires fraud-fighting company Pondera Solutions
Thomson Reuters has beefed up its fraud and abuse capabilities by acquiring Sacramento-based Pondera Solutions, a leading provider of technology and advanced analytics to combat fraud.
Bank of England cancels 2020 stress test
The Bank of England and Prudential Regulation Authority (PRA) have cancelled the 2020 annual stress tests, as part of a host of measures to help the market cope with COVID-19 (coronavirus).
Robert Bell of 86 400 believes that open banking won’t show any effects for...
If everything goes according to plan, then Australia will introduce open banking in July. The founder of neobank 86 400 cannot wait, but believes the benefits will take some time to manifest.
CFTC warns against coronavirus-related fraud
The Commodity Futures Trading Commission (CFTC) has warned the public to be on alert for frauds seeking to profit from recent market volatility related...
Financial institutions prioritising customer experience and lowering fraud – study claims
Financial institutions are prioritising customer experiences and fraud reductions as the demand on remote account opening has increased, a study from cybersecurity company OneSpan claims.
How the coronavirus is forcing businesses and governments to rethink their cybersecurity strategies
Cyber criminals are taking advantage of the COVID-19 pandemic. Now companies and governments are urged to take action.
New automated compliance solution launches in the US
AAAtraq is a new US-based FinTech company offering automated compliance identification management system which has launched its operations.
The biggest mistakes financial firms make when collecting data
Getting big data right can help businesses make money and follow the law. So why do financial firms get it wrong?
LexisNexis adds behavioural biometrics to its tool suite
LexisNexis® Risk Solutions has added behavioural biometrics to is selection of fraud and identity solutions.
Losses from APP fraud increases in 2019
While the banking and finance industry prevented more than £1.8bn in fraud during 2019 in the UK, the amount lost through authorised push payments (APP) scams increased to £465m.
