Tag: banking security

Cleafy, a Milan-based enterprise cybersecurity company specialising in banking fraud prevention, has raised €12m in a Series B funding round, bringing its total funding...

Nationwide has introduced a new call checker service designed to help customers protect themselves against fraudsters impersonating staff from the building society, as impersonation...

A new report by Alloy has revealed growing anxiety among U.S. consumers about the impact of AI on financial scams, with 85% fearing that...

Biometrics are quickly becoming essential for financial institutions as passwords and one-time passcodes struggle against today’s advanced fraud tactics. Traditional authentication, once considered sufficient, is...

EbankIT has acquired SecuritySide, a cybersecurity company specialising in protecting financial institutions across multiple domains. According to Finextra, the deal marks a major step forward...

IDnow has announced a strategic partnership with Keyless to strengthen trust across the digital identity lifecycle, reflecting growing demand for seamless and secure verification in the face of rising AI-driven fraud.

The relentless advancement of artificial intelligence (AI) in banking is a game-changer in the ongoing war against financial crime. Financial institutions of every size are turning to AI to bolster their anti-money laundering (AML) capabilities.

The CFPB has warned users of non-bank payment apps about the risk to their funds due to lack of federal deposit insurance coverage.