Banking Infrastructure

Mastercard unveils new AI-powered suite enabling banks to assess cyber risk

Cyber Secure is Mastercard's new AI-powered suite of tools enabling banks to assess cyber risk across their ecosystem and prevent potential breaches.

Bahrain opens new FinTech lab FinHub 973 to boost the sector in the region

The Central Bank of Bahrain has launched the first FinTech lab in the region – FinHub 973.

Nordic challenger banks and cybersecurity firms were among the 33 FinTech rounds raised last...

These 33 FinTech funding rounds from last week highlight the rise of Scandi challenger banks, the importance of cybersecurity and how competition in the buy now, pay later space is heating up.

Clunky identity verification and AML practices hold back banks from winning at online banking

Even though the coronavirus pandemic has made digital banking a must-have for banks, many of these financial institutions risk losing customers because of their clunky onboarding practices, according to a new FICO survey.

Tink inks open banking partnership with Lydia

French mobile payment app Lydia has tapped Swedish FinTech Tink to use its open banking technology, empowering it to leverage access to PSD2 APIs across Europe.

NatWest uses Featurespace’s tech to fight financial fraud

Crime prevention software developer Featurespace has been enlisted by NatWest to protect the bank's customers against fraud.

Has digital banking caused a rise in mobile deposit scams?

Fraud is on the rise and part of it is due to the growing adoption of mobile banking, according to a new report from Advanced Fraud Solutions (AFS).

HMRC runs £3m open banking tender

Her majesty's Revenue and Customs (HMRC) is running a £3m open banking tender.

What these 25 funding rounds tell you about where the FinTech industry is going

Cybersecurity has had a big funding week with ReliaQuest picking up the biggest round last week, but several challenger banks and InsurTech ventures also bagged considerable cash injections.

Open banking company sync. partners with ComplyAdvantage

UK money management startup sync. has inked a partnership deal with RegTech ComplyAdvantage.

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