Finastra’s systems are back online after Friday’s ransomware attack
London-based FinTech company Finastra took down some of its services over the weekend after noticing a hack attack. Now, parts of the services are reportedly back online.
The FCA wants businesses to hold off publishing their financial statements because of the...
Many financial services firms have been gearing up to publish their financial statements. But now the UK’s financial markets watchdog tells them to wait for at least two weeks.
What can RegTech companies learn from the coronavirus outbreak?
While the COVID-19 pandemic is causing a lot of damage on the financial sector, there are also lessons to pick up from it.
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.
