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How the EUDI Wallet could reshape EU financial onboarding
Remote onboarding has become a make-or-break moment for the financial industry, but stringent AML requirements often collide with clunky identity checks that frustrate users...
AppSec firm Rein Security raises $8m seed round
Rein Security, an AppSec firm focused on protecting production environments and addressing blind spots in app and AI security, has emerged from stealth with...
Enhancing cybersecurity in finance: The critical role of application security testing
In the digital age, the banking, financial services, and insurance (BFSI) sectors have seen unprecedented evolution. This transformation, while beneficial in terms of convenience and accessibility, has also significantly increased the vulnerability of financial institutions to cyber threats. It is now more crucial than ever to implement stringent cybersecurity measures.
Navigating API security: Key strategies for safer applications
In today's digitally-driven world, the proliferation of web applications has made accessing vast troves of information nearly instantaneous. However, this convenience raises important security...
Strong Customer Authentication non-compliance costs £2m in sales
Businesses not compliant with Strong Customer Authentication (SCA) miss out on £2m in sales each day, a report from Barclaycard Payments claims.
99% of UK merchants have seen rise in payment declines since...
Nearly all UK merchants have experienced an increase in payment declines following the introduction of Strong Customer Authentication (SCA), according to research from Nuapay.
UK retailers miss out on £130m in sales following SCA implementation
Data from Barclaycard Payments has found retailers in the UK have lost out on £130m in sales due to not being compliant with new Strong Customer Authentication (SCA) rules.
Retailers could lose £3.64m each day through SCA failure
Retailers could lose £3.64m in sales each day as the Strong Customer Authentication (SCA) regulation deadline approaches, according to Barclaycard Payments.
Will SCA be a changemaker for the UK payments market?
Strong Customer Authentication (SCA) has come into force in the UK today, almost a year after its original deadline passed.
EBA could reform a part of SCA
The European Banking Authority commenced its public consultation on the amendment to the Regulatory Technical Standards on strong customer authentication and secure communication (SCA&CSC).









