NatWest lets customers set transfer limits to reduce payment scam damage
NatWest is now allowing customers to establish their own daily digital bank transfer limits to reduce the impact caused by authorised push payment (APP) scams.
FCA completes transition to new data collection platform
The Financial Conduct Authority (FCA) has completed its move from Gabriel to RegData, the organisation’s new data collection platform.
US trade report highlights challenges for bolstering financial inclusion
A new report by six US trade groups has underlined the obstacles and solutions for boosting financial inclusion and access across the US.
EBA publishes findings of EU-wide bank climate risk exercise
The European Banking Authority (EBA) has published the findings from its first EU-wide pilot exercise on banks’ exposures to climate risk.
Ransomware DarkSide made $90m in ransom payments, blockchain firm finds
Blockchain analysis firm Elliptic has discovered the DarkSide ransomware variant made an estimated $90m in ransomware payments since October 2020.
SmartStream aims to join up data dots through its expansion of APIs
The SmartStream Reference Data Utility (RDU) was founded with Tier 1 partner banks to help them improve operational control, cut cost and comply accurately with the regulators. In a short space of time, the company has already onboarded an extensive list of clients for its reference data services, but it plans to go one step further by extending its offering with an instantly deployable suite of APIs.
Is data the silver bullet in tackling financial crime?
As the world continues the shift to digital, getting to grips with the threat of financial crime looms large in the minds of banks. But data could be the key solution.
Verizon report finds 85% of data breaches in 2020 involved human interaction
A report by Verizon has found that over 85% of data attacks in 2020 involved some form of human interaction.
APRA guidance offers support on tackling climate-related financial risks
The Australian Prudential Regulation Authority (APRA) has issued a draft practice guide to banks, superannuation trustees and insures on managing climate-linked financial risks.
BigID rakes in $30m investment to bolster unicorn status
US data intelligence firm BigID has secured $30m in financing from global private equity investor Advent International.
