Latest Security News: Finextra Research

Tackling fraud: Learn how to build smarter defences at NextGen Nordics

As real-time payments gain momentum, financial institutions are faced with attempting to deliver seamless digital payment experiences while also mitigating against sophisticated fraudsters. This year’s NextGen Nordics event at the Münchenbryggeriet in Stockholm, Sweden, on 29 April 2025, will spotlight how the industry is redefining fraud prevention in the era of instant payments.

11 April 2025

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BofE eyes AI's risk to financial stability

As firms integrate more advanced AI-based analysis into their core trading and investment activities, regulators need to vigilant about potential financial stability risks, the Bank of England's Financial Policy Committee warns.

10 April 2025

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DBS Bank and Bank of China customer records compromised in ransomware attack

The Monetary Authority of Singapore is investigating a ransomware attack on Toppan Next Tech, a vendor responsible for printing customer statements for DBS Bank and Bank of China (BoC) in Singapore, which exposed the personal data of thousands of customers.

09 April 2025

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Americans lost $3bn to impersonation scams in 2024

Scams impersonating businesses and government officials cost Americans $2.95 billion last year, according to the Federal Trade Commission.

09 April 2025

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OCC reports 'major incident ' email hack to Congress

The Office of the Comptroller of the Currency says "highly sensitive information" was accessed in a hack on its email system.

08 April 2025

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Hawk raises $56m for AI-powered fraud prevention

AI-powered anti-money laundering, screening and fraud prevention outfit Hawk has raised $56 million in a Series C funding round led by One Peak.

08 April 2025

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Luxembourg banks pick LuxHub as VoP provider

Open banking startup LuxHub has signed up six major banks in Luxembourg to its Verification of Payee (VoP) and Routing and Verification Mechanism (RVM) technology.

08 April 2025

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Santander 'Scamtracker' shows customers lost £18 million to fraud in the first quarter

Santander says that over £18 million was stolen from customers by scammers in the first three months of 2025.

07 April 2025

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Metro Bank launches AI scam detection tool

Metro Bank is using technology from AI firm Ask Silver to enable customers to instantly check whether they are at risk of a scam by spotting fraudulent communications.

07 April 2025

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Innovate Finance calls on the Government to set up National Anti-Fraud Centre

Fintech trade body Innovate Finance is calling on the UK Government to set up a National Anti Fraud Centre for cross-sector data sharing and introduce shared liability for social media and telecommunications firms

07 April 2025

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Meet the minds shaping the future of payments at NextGen Nordics

The rapidly evolving world of payments is being shaped by some of the brightest minds across industries, and this year’s NextGen Nordics event on 29 April 2025 at the Münchenbryggeriet in Stockholm, Sweden is set to be a pivotal moment in exploring how the sector is advancing. Attendees will have the rare opportunity to engage with leading figures driving innovation, digital transformation, and the future of financial services in the Nordic region.

04 April 2025

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Visa unveils AI fraud fighting tool

Visa has unveiled Aric Risk Hub, an AI-based fraud prevention platform designed to help protect banks, acquirers, and financial institutions against a broad spectrum of fraud and financial crime.

04 April 2025

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