Big businesses responsible for major cyber vulnerabilities in the UK
Lots of financial services companies leave themselves exposed to hacks by using unpatched services, according to a new report by Rapid7.
Blackhawk Network taps Moneyhub for compliance and open banking solutions
Payment provider Blackhawk Network has picked open finance data and intelligence platform Moneyhub to deliver its compliance with the open banking standards.
Check out the 29 FinTech companies to raise rounds last week
Last week's FinTech funding rounds highlight the fractured neobank scene, show the sector's coronavirus struggles and demonstrate some areas industry stakeholders should be interested in right now.
Customers abandon purchases because of strong customer authentication processes
Last year, the EU started to roll out its strong customer authentication (SCA) rules to make it safer to buy things online, but it seems it is making customers abandon their purchases, according to new Microsoft research.
Capital One to pay $80m fine for its data breach last year
Capital One Financial has been ordered to pay an $80m fine by the Office of the Comptroller of the Currency (OCC) after its data breach in 2019.
The cost of data breaches has gone up during Covid-19
While the average cost of a data breach in Canada has increased by 6.7% in the last year, companies have become faster at spotting them.
MarketOrders launches blockchain to prevent gold and jewellery fraud
Gold and jewellery marketplace MarketOrders is launching an end-to-end blockchain solution in order to combat inefficiencies and minimise fraud.
MAS, NRF and NUS launch research institute to bolster the digitalisation of the Asian...
The Asian Institute of Digital Finance (AIDF) is a new initiative from three Singaporean authorities to speed up the development of digital financial services in Asia.
The eight startups picked for the Holt Fintech Accelerator’s 2020 batch
Canadian Holt Fintech Accelerator has announced the eight FinTech companies to join its 2020 cohort.
FCA concerned about credit firms allowing repeat borrowing
The UK's top financial markets regulator is concerned about credit firms' practices after a review revealed that relending often leave vulnerable customers worse off.
