Sibos 2018: A Swift one
What has Swift been up to since last year’s Sibos in Toronto?
Financial Crime & Fraud
UK financial sector unites for Financial Sector Cyber Collaboration Centre
UK banks, securities exchanges and insurance firms are joining forces to fight cybercrime.
Denmark’s regulators investigated over Danske Bank €200bn AML breach
European Banking Authority is taking money laundering more and more seriously.
WB21 bank boss faces lawsuit by US regulator
WB21 bank boss faces lawsuit by US regulator
Top fintech stories this week – 5 October 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Danske Bank talking to US over €200bn money laundering case
Department of Justice would like to ask some questions.
Europol teams with Cyber Defence Alliance to fight fraud
To share intelligence on cybercrime activities.
Featurespace foils fraud for Danske Bank
The bank keeps looking to fintech companies for its expansion plans.
PwC acquires FSCom’s regtech solution
Consultancy firm now owns KYC-Pro.
Top fintech stories this week – 28 September 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Criminals scam UK finance industry out of £500m
UK Finance reveals facts, figures and fears.
Crowdfunding platform Indiegogo turns to Onfido for ID verification tech
Onfido will help crowdfunding platform Indiegogo fight fraud.
Equifax fined £500k for UK security breach
15 million UK citizens were affected during the cyberattack in 2017.
Hackers steal $60m from Japanese crypto exchange Zaif
Owner Tech Bureau asks for $44.5m in financial assistance to deal with issues.
Europol warns of crypto cyberattack increase
Its 2018 Internet Organised Crime Threat Assessment makes for grim reading.
UK government and banks plan anti-fraud initiative
Partnership will see UK Finance and panel of experts tackle scams.
Top fintech stories this week – 14 September 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Mexico’s Fintech Law now published and live
Setting fintech standards for Central and South America.
Fraud detector Ravelin reels in £8m funding
Series B round led by BlackFin Capital Partners.
Wells Fargo wholesale banking unit probed for fraud
US Justice Department checking out bank employees and management pressure.
ING feels sting of €775m fine for money laundering mishaps
Dutch bank says its “shortcomings enabled customers to misuse accounts”.
Cybercrime crew Cobalt goes phishing in Eastern Europe
Cyber researchers at Netscout put out a warning.
Financial crime fighters unleash intelligence sharing platform in UK
Acronyms assemble! PIMFA and FCI launch PIMFA-AECIS platform.
UK banks urged to drop blame game in fraud claims
Financial Ombudsman Service wants banks to investigate cases more.
Lloyds opens coffers to London coppers for crime combat
Lloyds will sponsor City of London £1.5 million over three years.
India’s Cosmos Bank stars in $13.5m hacking drama
Malware attack on its Swift and debit card payment systems.
Identitii to raise $11m in blockchain IPO
Money raised will be used to support development of its Serra solution.
FBI sounds alarm over ATM cash-out attack
It’s warning banks that cybercriminals are preparing a global fraud scheme.
Top fintech stories this week – 10 August 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
China crypto company ACChain goes off the grid
A real China hustle.
Feedzai brings machine learning to fraud fight
Turning the tedious and time consuming to dust?
Mitek helps bring mobile deposit to credit unions
Assisting with the fight against cheque fraud and mobile enterprise digital transaction.
Big data start-up Quantexa raises $20m for big plans
Series B funding round led by Dawn Capital.
Thomson Reuters Financial & Risk and Blackstone create Refinitiv
Will be a standalone company. And should lead to shorter headlines.
Feedzai to help Credorax fight merchant fraud
Feedzai uses big data technology to stop payment fraud in real-time.
Banking Trojan Kronos reborn
New version rebranded Osiris and is being sold on underground markets.
Welsh KYC firm W2 Global Data raises £1.25m funding
Company also provides AML and fraud prevention solutions.
PIR Bank in Russia victim of domestic $1m hack
Hacker group MoneyTaker is up to no good, again.
Singapore goes AI: training, incentives and regulation
Banks in Singapore take the lead on artificial intelligence (AI) training.
Eclipse Finance shut down over misleading claims
UK-based binary options company gets judged by the High Court.
