New York prohibits establishments declining cash payments
The New York City Council has prohibited food and retail establishments from refusing to accept payments in cash.
Group of central banks investigating whether the time is right to launch digital currencies...
With everyone from Facebook to singer Akon launching cryptocurrencies, it is hardly surprising that central banks are also looking into leveraging the technology.
Neocova bags $9.5m in Series A to support digitalization of community banks
Neocova, a startup building software for financial institutions, has bagged $9.5m in its Series A to further help digitalise community banks in the US.
Millennials less aware about phishing threats than other age groups as nine out of...
Just because they are digitally native, it doesn’t mean that millennials are better at cybersecurity than their older peers.
BNP Paribas boosts partnership with Tink to reach Italian customers
BNP Paribas has extended its partnership with open banking platform Tink to supply its customers with more personal finance tools.
Banks refuse to reimburse fraud if consumer ignores a warning message
Banks are refusing to cover losses in fraud cases if they can prove they show fraud warnings at the point of purchase, according to a study from Which? Money.
Businesses suffer longer system outages due to ransomware attacks
Ransomware attacks are becoming more severe with businesses suffering from infections being out for up to 16.2 days on average, up from 12.1 days in the third quarter of 2019.
FCA appoints interim chief executive to take over when Andrew Baily leaves to run...
Christopher Woolard is stepping in as the interim chief executive of the Financial Conduct Authority (FCA) as the old chief executive Andrew Bailey is leaving to become the governor of the Bank of England.
InsurTech startup Coalition to acquire cybersecurity solution
Coalition, a cyber insurance provider for small and midsize businesses, has acquired cybersecurity company BinaryEdge.
More than one in eight RegTech deals globally were raised outside of North America...
There have been almost 950 RegTech deals completed globally between 2015 and 2019, with over $17.1bn raised across these transactions.
North American companies have dominated...
