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Consumer complaints outfit Which? has accused banks of treating authorised fraud victims unfairly, with some firms getting decisions over scams and reimbursement wrong in nearly nine in 10 cases.
11 November 2021
Machine learning-based digital identity verification firm Socure has closed an oversubscribed $450 million funding round at a $4.5 billion valuation.
09 November 2021
Daimler drivers will soon be able to pay for goods and services with the touch of a fingeprint, under a new 'connected car' partnership with Visa.
Shares in Robinhood have taken a dip after the retail stockbroking platform revealed that five million customer e-mail addresses were lifted from its servers during a social engineering hack.
Revisions to the 3DS security protocol have helped drive down e-commerce fraud by 36% in the past 12 months, despite a significant uptick in online shopping, according to an analysis by LexiNexis Risk Solutions.
01 November 2021
Bank of America has rolled out a fraud prevention service for corporate and public sector clients making payments in the US.
29 October 2021
Chinese POS terminal provider PAX Technology is at the centre of a security scare that has seen the FBI raid its Florida offices and payments processor Worldpay replace its devices.
28 October 2021
As Black Friday approaches, HSBC has enlisted magician Troy von Scheibner to show Brits how fraudsters play mind games designed to gain victims' trust and pressure them into handing over personal information.
22 October 2021
The UK's Financial Conduct Authority has called on the Government to extend the Online Safety Bill to cover paid-for advertising, as well as user-generated content on social media platforms.
21 October 2021
Facial recognition company VisionLabs has unveiled a payments terminal that lets shoppers make payments with a look.
Resistant AI, a SaaS-based AI and machine learning security company that protects automated financial systems from manipulation, fraud and financial crime, has secured $16.6M in Series A funding.
20 October 2021
Microsoft is making its financial services-specific cloud offering generally available from next month, with Virgin Money UK on board as an early user.
05 October 2021
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