Tag: Cybersecurity
FCA Fines Metro Bank £16.7M Over Inadequate Financial Crime Controls
The Financial Conduct Authority (FCA) has imposed a £16.7 million fine on Metro Bank due to failures in...
LSEG Adopts IDVerse AI to Strengthen Global ID Verification and Combat Digital Fraud
The London Stock Exchange Group (LSEG) has chosen IDVerse's advanced identity verification technology to strengthen global onboarding and...
UK Finance and GSMA Partner to Combat Fraud with New Scam Signal Initiative
Members of UK Finance and GSMA, including major UK mobile operators like Vodafone, EE, Virgin Media O2, and...
Socure inks $136m deal to acquire AI-powered risk decisioning platform Effectiv
Deal Overview: Socure, a US digital identity verification and fraud prevention platform, will acquire San Francisco-based risk decisioning...
Capital One commercialises AirKey authentication technology for financial institutions
AirKey, a NFC-enabled authentication technology developed by Capital One, will now be commercially offered to other financial institutions.
...
Mastercard puts down $2.65bn for AI-powered threat intelligence platform Recorded Future
Mastercard plans to acquire US-based threat intelligence platform Recorded Future for $2.65 billion.
The deal, with Insight Partners...
Visa prepares for 2025 launch of Visa A2A in UK
Visa A2A will launch in the UK in 2025, offering account-to-account (A2A) payments for greater consumer control and...
Mastercard to pilot Payment Passkey Service in India
New Service Introduction: Mastercard is launching a pilot for its new Payment Passkey Service in India.
Participants: The...
US identity verification start-up IDPartner Systems to shut down
Company Overview: IDPartner Systems is a US-based provider of online identity verification tools, founded in 2021 and headquartered...
Mastercard set to lay off around 3% of global workforce
Mastercard plans to cut around 3% of its global workforce, impacting approximately 1,000 employees.
The layoffs are a...
CaixaBank doubles down on generative AI with launch of GalaxIA project
Second Phase of GenAI Initiative: CaixaBank is launching the second phase of its generative AI project, named GalaxIA,...
Norway’s IDEX Biometrics names Catharina Eklof as new CEO
New CEO Appointment: Catharina Eklof, previously the Chief Commercial Officer (CCO), has been promoted to CEO of IDEX...