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Banks and FinTech startups support calls for new data regulator

Banks and FinTech businesses are supporting a proposal made by an Australian senate committee, urging the government to launch a new data watchdog.

iProov launches new solution to fight deepfake cybercrime

RegTech iProov's new solution is set up to tackle the rising threat of deepfake-based cybercrime.

Cryptocurrency exchange Bithumb found partially liable in data leak

South Korean cryptocurrency exchange Bithumb has been found partially liable for a data leak in 2017 that cost a customer over $27,200.

Fourth person investigated in Twitter bitcoin hack is only 16

A fourth suspect is reportedly being investigated in relation to the massive July Twitter hack that involved a huge bitcoin scam.

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.

DGB Daegu Bank taps into quantum technology to boost its cybersecurity

DGB Daegu Bank has teamed up with SK Telecom to to use its 5G quantum cryptography technology in its mobile banking app IM Bank.

ECB warns that big tech entering the FinTech space could lead to security risks

The European Central Bank has warned that Europe's failure to produce big tech companies of its own to compete with American ones could leave the EU exposed and reliant on foreign providers as big tech moves into the FinTech sector.

Russian charged for trying to recruit company employee to install malware

The US Department of Justice has charged a Russian citizen who travelled to the US to recruit a big company employee to install malware on the business' computers.

SEC proposes new data security rules to protect securities traders

The Securities and Exchange Commission has announced plans to amend the data security rules surrounding US securities trading.
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