How financial institutions can succeed in mobile banking post-pandemic
A OneSpan blogpost has underlined how financial institutions (FIs) can compete in the mobile banking sector following the shifts brought about by the Covid-19 pandemic.
Monad to scale security platform following Index Ventures-led Series A
Security data firm Monad has raised $17m from a Series A funding round led by Index Ventures.
LexisNexis acquires TruNarrative to bolster anti-financial crime efforts
LexisNexis Risk Solutions has acquired TruNarrative, a provider of cloud-based financial crime detection and prevention technology.
CISA director Easterly eyes more preparatory approach to dealing with cybercrime
Cybersecurity and Infrastructure Security Agency (CISA) director Jen Easterly has said she wants the CISA to focus on preparing for hacks instead of just managing the fallout.
RBI panel recommends new regulatory framework for cooperative banks
A Reserve Bank of India (RBI) panel has proposed a new four-tier structure for regulating and improving urban cooperative banks (UCBs).
BreachQuest continues development of first modern incident response solution with seed funding
Incident response technology developer BreachQuest has bagged $4.4m in its seed round, which will support its product launch.
SEC and DOJ charge ex-CEO of Silicon Valley startup HeadSpin with $80m fraud
The Securities and Exchange Commission (SEC) charged the former CEO of HeadSpin Manish Lachwani with defrauding investors out of $80m by falsely claiming the company had achieved strong and consistent...
Cybercrime cases soared 125% in the first half of 2021, Accenture report finds
A half-year report by Accenture’s cyber investigations, forensics, and response team has discovered cases of cybercrime climbed by triple digits in H1 2021.
Thailand’s central bank unveils plans for digital currency pilot in 2022
The Bank of Thailand (BOT) has revealed it intends to begin a retail central bank digital currency (CBDC) pilot study in the second quarter of 2022.
FCA concerned insurers unprepared for governance regulation
The UK’s Financial Conduct Authority worries many insurance firms are not prepared for upcoming product governance regulation changes.