US infrastructure bill to allocate almost $2bn for cybersecurity
The US infrastructure bill signed into law by President Biden yesterday will provide close to $2bn for cybersecurity and related provisions.
How can financial institutions build successful cybercrime defences?
A recent blogpost by OneSpan has underlined what it sees as four key pillars for financial institutions that are looking to build successful defences against cybercrime.
ACI Worldwide looks to fight real-time payments fraud with new tech launch
Payment solution provider ACI Worldwide has launched a new technology solution to combat the growth of real-time payments fraud in the payments market.
Singapore unveils national program to deepen AI capabilities in finance
The Monetary Authority of Singapore (MAS) and the National AI Office (NAIO) have launched a national initiative aimed at strengthened AI abilities in its financial sector.
Financial inclusion on the mind of Sri Lanka with payment solution launch
The Central Bank of Sri Lanka (CBSL) has introduced LANKAQR, a new digital payment solution focused on reducing cash reliance and bolstering financial inclusion.
Vice President Harris underlines US backing to Paris cyber initiative
Vice President Kamala Harris has announced the US’ support for the Paris Call for Trust and Security in Cyberspace, a global initiative aimed at bolstering global cybersecurity.
Bank of England set to launch CBDC consultation in 2022
The Bank of England (BofE) has revealed it intends to launch a consultation to set out their assessment of the case for a UK central bank digital currency (CBDC) next year.
Cyber firm SafeBreach scores $53.5m Series D to push forward expansion
Breach and attack simulation (BAS) platform SafeBreach has raised $53.5m from a Series D round led by Sonae IM and Israel Growth Partners.
Why FinTecSystems is betting on open banking in the financial crime fight
Founded in 2014, FinTecSystems is specialised in open banking infrastructure and data analysis to help companies make data-driven and automate decisions. At a time when companies are scrambling to protect their assets from criminal actors, could FTS’ open banking infrastructure be a flood barrier against the rising wave of financial crime?
Are workforces globally taking cybersecurity for granted?
While cybersecurity may be occupying a growing space in the attention of workforces worldwide, a recent report by Deloitte has found many workers may be taking their own cyber hygiene for granted.
