Latest Privacy News: Finextra Research

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.

30 July 2019

News/Privacy

NAB pledges $1.4bn funding for Aussie tech sector

National Australia Bank (NAB) is to commit AUS$2bn ($1.38bn) to support Australia's technology sector.

20 June 2019

News/Privacy

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.

19 June 2019

News/Privacy

India to review payments data storage rule

The Indian central bank has been persuaded to reconsider a controversial law that mandates payments data should not be allowed to leave India's borders.

18 June 2019

News/Privacy

Facebook reveals digital wallet plan

Social media platform Facebook has unveiled further details of its much-anticipated digital currency offering, which it hopes will transform financial services.

18 June 2019

News/Privacy

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.

04 June 2019

News/Privacy

Facebook to launch cryptocurrency in 2020

Facebook is finalising a digital payments system called ‘GlobalCoin’, which is expected to be available across 12 countries by the start of 2020.

24 May 2019

News/devops

Live: FusionONE 2019 - day two

Welcome to Finextra’s live coverage of FusionONE 2019. The second day of the conference will tackle issues that concern the developers before breaking into streams, focusing on different products.

22 May 2019

News/Privacy

"AI is the new electricity" - TSB's Janet Adams frames the debate at Finextra conference

Finextra welcomed over 200 attendees to NextGen Banking London, the one-day event that focused on how developments in AI have become a business-critical consideration for traditional banks.

20 May 2019

News/Privacy

Banks have been the catalyst for Nordic digital identity success

In conversation with Finextra Research, Arkwright’s Frank Wunderlich and Signicat’s John Erik Setsaas discuss their new report which highlights how the Nordic region can now act as a blueprint for digital identity success and how banks are crucial for this positive result.

09 April 2019

News/security

Money 20/20 Asia Q&A: ForgeRock’s Linden Dawson on identity services showstoppers

Linden Dawson, APAC customer success manager at ForgeRock, took to the stage at Money 20/20 Asia in Singapore to discuss the evolution of biometric technologies and how industry players are forced to weigh up the security vs. convenience paradox. Following the panel session, Finextra caught up with Dawson to ask how identity initiatives are being implemented in Australia and Southeast Asia, with respect to cultural issues and data management.

26 March 2019

News/security

The Future of Personal Identity: Opportunities and risks for banks

As Google and Facebook come under increasing scrutiny over consumer data privacy issues, Finextra's Future of Personal Identity 2019 report reveals new opportunities for banks to rebuild trust and take on the threat from Big Tech giants.

19 March 2019

News/security

Jumio introduces biometric video selfie identity proofing

In an interview with Finextra, Jumio’s president Robert Prigge explains the reasoning behind the firm's new 3D video selfie verification, which combines the enrollment and authentication phases of the identity proofing process.

12 February 2019

News/Privacy

Royal Bank of Canada named in Facebook privacy scandal

Royal Bank of Canada has become embroiled in a privacy scandal engulfing Facebook after it emerged that the social network appeared to provide a raft of Big Tech companies with privileged access to user accounts.

19 December 2018

News/Privacy

N26 to offer Mastercard exchange rate with no mark-up in event of no deal Brexit

In an interview with Finextra, N26’s head of international markets Alex Weber reveals that in the event of a no deal Brexit, the German challenger bank will continue to offer the same Mastercard exchange rates as it currently does, despite the potential dissolution of the cross-border payment fee cap.

12 November 2018

News/Privacy

Money20/20 Day Two: The trade-off between banking innovation and financial security

Feedzai CEO Nuno Sebastião opened day two of Money20/20 in Las Vegas with an educated discussion about emerging technology, financial crime and how banking executives are changing their attitude towards fraud.

23 October 2018

News/Privacy

Money 20/20 Day One: GDPR, AI and the art of conversation

Banking innovators and fintech disruptors have once again descended upon the Las Vegas Strip for another jam-packed Money20/20 US event, a four-day jamboree exploring the revolution of money in all its forms.

22 October 2018

News/Privacy

Data privacy laws threaten to stop fintech in its tracks - Asifma

A fragmented patchwork of data privacy rules threatens to upend the promise of new developments in financial technology across Asia, a leading trade body has warned.

12 October 2018

News/Privacy

Tesco Bank facing £30m fine over cyber breach

The UK's banking watchdog is threatening to charge Tesco Bank £30m for its failure to prevent a cyber attacks that affected thousands of customers in 2016.

25 September 2018

News/Privacy

Traders under the #MeToo spotlight

Banks are increasingly turning to monitoring software in order to eradicate inappropriate behaviour on the trading floor.

29 August 2018