RegTech

How can we remain cybersecure in the age of mass online participation?

As the number of people using services online has ballooned over the last year due to the onset of the Covid-19 pandemic, the threat posed by cybercriminals around the world has grown even stronger. How can companies and governments alike deal with this coming storm?

Signicat acquires Encap Security to integrate mobile identity, authentication

Norwegian digital identity specialist Signicat has bought customer authentication compatriot Encap Security for an undisclosed fee.

HSBC UK introduces fraud awareness app to bolster business safety

HSBC UK has launched a fraud awareness app to provide companies with news on emerging scams in real-time as well as tips and advice.

ESMA releases final MiFID II and MIFIR market data obligations report

The European Securities and Market Authority (ESMA) has published its final report on MiFID II and MiFIR obligations concerning market data.

Cybercriminal forum offers $100k prize for stealing cryptocurrency assets

A Russian-speaking cybercriminal forum has hosted a contest for cybercriminals to provide methods for targeting cryptocurrency-related technology.

MAS provides consultation response to credit bureau, reporting regulations

The Monetary Authority of Singapore (MAS) has issued a consultation response on draft regulations and notices relevant to licensed credit bureaus under the Credit Bureau Act 2016.

CSI eyes bolstered instant payments adoption through pilot program

Computer Services Inc (CSI) will participate in the FedNow pilot program with the aim of increasing the adoption of instant payments in the US.

Sweden temporarily closes infectious diseases database due to hack attempts

The Swedish Public Health Agency temporarily closed down the country’s infectious diseases database SmiNet following several hacking attempts.

US confirms JBS Foods ransomware cyberattack likely Russia-linked

The US has confirmed that the cyberattack on food processing company JBS Foods was a ransomware attack likely coordinated by a Russian group.

How cybersecurity startups and neobanks scooped the most funds among last week’s 42 investment...

While Covid-19 continues to haunt us, the FinTech industry continues to rake in millions of dollars. Neobanks and cybersecurity companies were the top-scoring sectors to raise investment among the 42 rounds that FinTech Global reported on last week.

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