Cybertonica forms partnership with acquiring.com
Fraud prevention and payment risk management company Cybertonica has formed a partnership with acquiring.com.
Venmo reportedly hit operating losses of $40m for first three quarters of 2018
Venmo has reportedly reached operating losses of $40m following a string of payments frauds earlier in the year.
Asseco SEE joins NextGenPSDE support initiative
Asseco South Eastern Europe (Asseco SEE) has joined the NextGenPSD2 Implementation Support Programme (NISP) to support banks with PSD2 requirements.
Romania-based FintechOS nabs €600k seed, with plans to raise another €400k by year end
FintechOS, a provider of digital transformation technology to financial institutions, has pulled in €600,000 in seed funding.
Euro FinTech builder finleap gets €41.5m investment from financial services major Ping An
European FinTech builder finleap has raised €41.5m through an investment round led by Chinese financial services firm Ping An’s Global Voyager Fund.
IDEX, Chutian Dragon partner for biometric cards
IDEX Biometrics has teamed up with Chutian Dragon to develop dual-facing biometric cards.
Japan Payment Card Consortium to combat fraud through blockchain solution
Japan Payment Card Consortium has launched the proof of concept (PoC) for sharing fraud information via blockchain technology.
FRISS survey finds insurers increasingly interested in fraud detection software
FRISS, an automated fraud and risk detection solution for P&C insurance companies, has found insurance carriers are putting focus on fraud prevention through a new survey.
Data Protection Impact Assessment and the GDPR – Compliance Compendium
Earlier in the year, the General Data Protection Regulation was deployed, requiring companies to change the way they handled data.
The Association for Financial Professionals finds accounts payable systems at risk
The Association for Financial Professionals (AFP) has called for all businesses to improve their accounts payable systems as payment fraud attacks become more sophisticated.
