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JPMorgan Chase boosts email authentication with Entrust Datacard

Entrust Datacard, a leading provider of trusted identity and secure issuance technology solutions, today announces its contribution to the first issuance of a new Verified Mark Certificate (VMC).

APAC concern over payment system attacks persists - FS-ISAC

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APAC concern over payment system attacks persists - FS-ISAC

According to the Financial Services Information Sharing and Analysis Center (FS-ISAC), attacks on payment systems are the greatest cause of concern for Asian banks.

Capital One data breach inquiry launched by Republicans

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Capital One data breach inquiry launched by Republicans

The US House of Representatives Committee on Oversight and Reform has requested a briefing with Capital One over the data breach that left 106 million credit card holders and applicants in the US and Canada at risk of their personal information being stolen.

Circle CEO claims current financial system is 'failing 99% of the time'

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Circle CEO claims current financial system is 'failing 99% of the time'

Testifying before the US Senate Committee on Banking, Housing and Urban Affairs, Circle co-founder, chairman and CEO Jeremy Allaire highlighted that the existing financial services system is in dire need of being completely overhauled.

Capital One data breach leaves 100 million vulnerable

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Capital One data breach leaves 100 million vulnerable

Capital One revealed Monday that 100 million credit card applications had been accessed, resulting in thousands of Social Security and bank account numbers being left at risk.

/security

Daon and CTMS form digital onboarding partnership

Daon, a global leader in biometric identity technology, and CTMS, a digital onboarding and anti-fraud specialist, announced today a partnership agreement in France and other French-speaking countries.

EBA offers wiggle room on deadline for PSD2 authentication rules

/regulation

EBA offers wiggle room on deadline for PSD2 authentication rules

Under industry pressure, the European Banking Authority has paved the way for some firms, on an "exceptional basis", to get an extension of the September deadline for new Strong Consumer Authentication (SCA) rules for e-commerce transactions.

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ABN Amro unit Moneyou turns to Konsentus for TPP identity checks

Konsentus today announced that the innovative online bank Moneyou, a subsidiary of ABN AMRO, with over 500,000 customers in the Netherlands, Germany, Belgium and Austria, has selected Konsentus to support the roll-out of their PSD2 open banking offerings.

Regulators and politicians respond to Facebook's crypto plans

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Regulators and politicians respond to Facebook's crypto plans

Regulators, politicians and other crypto players have all responded to yesterday's unveiling of Facebook's Libra project and suggested that the social media giant's digital currency plans may face several challenges.

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Polymath and Blockpass team upfor ID verification

Leading security token platform Polymath has today announced a strategic collaboration with digital identity verification solution Blockpass.

Money 20/20 Europe 2019 Q&A: Rabobank’s Nico Strauss and Signicat’s John Erik Setsaas

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Money 20/20 Europe 2019 Q&A: Rabobank’s Nico Strauss and Signicat’s John Erik Setsaas

Following their panel on why KYC is seen as a necessary evil, Finextra spoke to Nico Strauss, Tribe Lead B2B services at Rabobank and John Erik Setsaas, VP of Identity and Innovation at Signicat about how KYC could be used for social good, why digital identity is crucial for vulnerable groups like migrants and the impact of PSD2.

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Entrust Datacard completes nCipher Security acquisition

Entrust Datacard, a leading provider of trusted identity and secure issuance technology solutions, completed its previously-announced acquisition of nCipher Security, formerly Thales's market-leading general purpose hardware security module (HSM) business.

Money 20/20 Europe 2019: The interplay of AI, cloud, blockchain and quantum computing

/ai

Money 20/20 Europe 2019: The interplay of AI, cloud, blockchain and quantum computing

On the final day of Money 20/20 Europe 2019 in Amsterdam, Jesse McWaters, financial innovation lead at the World Economic Forum starts the day discussing the interplay of AI, cloud, blockchain and quantum computing, and what happens when it all collides.

Payment firms raise fears over EU security rules

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Payment firms raise fears over EU security rules

A lack of preparedness for the EU's new regulations on authentication could cost Europe's online economy more than €50bn according to a number of payment processors and e-commerce merchants.

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Signicat and yes.com collaborate on digital identity service in Germany

Signicat, a leader in verified digital identity, and yes.com, a new identity scheme launching in Germany, have partnered to integrate the yes.com open banking scheme into the Signicat Digital Identity Platform.

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Citi launches real-time data validation service for institutions

Citi’s Treasury and Trade Solutions (TTS) has launched Citi Verify, a new identity and account verification solution that helps clients streamline customer onboarding, reduce the risk of improper payments, and drive operational efficiencies.

/security

Monzo inks new deal with Jumio

Jumio today announced a new multi-year agreement with Monzo, further strengthening a long-standing partnership of hypergrowth between the leading AI-powered trusted identity as a service provider and one of the UK’s top digital banks.

Canadian bank-backed blockchain-based ID verification system launches

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Canadian bank-backed blockchain-based ID verification system launches

A Canadian blockchain-based digital identity verification network backed by the country's banking industry has gone live, giving people an easy way to share their personal information.

/security

Santander introduces voice and phone ID authentication for UK phone banking

Santander has today announced plans to offer telephone banking customers the option to verify their identity through an innovative combination of ‘Phone ID’ and biometric ‘Voice ID’ technology, making its authentication process simpler and more secure than ever.

/security

Fiserv pitches device-based authentication capabilities

Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, has launched capabilities that enable financial institutions to enhance cybersecurity while improving the customer experience.

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