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Financial Services Seizing the Opportunity in New York

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Financial Services Seizing the Opportunity in New York

Innovation in Payments, Technology and Cyber Risk Management were all key topics at the Swift Business Forum New York 2018. 600 financial services professionals and industry experts recently gathered in the Big Apple to discuss the opportunities that innovation and collaboration provide.

Coinbase acquires decentralised ID startup

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Coinbase acquires decentralised ID startup

Coinbase has acquired Distributed Systems in a bid to create a decentralised digital identity platform for crypto-wallet enthusiasts and Web merchants.

Robots save Nordea from GDPR processing nightmare

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Robots save Nordea from GDPR processing nightmare

With the new General Data Protection Regulation (GDPR) threatening to swamp workers, Nordea turned to Robotics Process Automation (RPA), slashing the time needed to process customer requests.

Banco BNI Europa launches online account opening via videoconference

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Banco BNI Europa launches online account opening via videoconference

Lisbon-based online bank Banco BNI Europa is introducing an account opening process that encompasses video-conferencing with digital certification for document exchange.

Credit union consortium unveils DLT-based digital ID system

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Credit union consortium unveils DLT-based digital ID system

CULedger, a consortium of American credit unions exploring potential use cases for distributed ledger technology, has teamed up with DLT specialist Evernym on a digital identity system.

Signicat snags EUR1.6 million in EU funding to create digital ID framework

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Signicat snags EUR1.6 million in EU funding to create digital ID framework

Norway's Signicat has secured €1.36 million in phase two funding from the EU's Horizon 2020 programme with the objective of creating a fully-compliant ID assurance and digital onboarding toolbox for use by European financial institutions.

BBVA-backed Covault launches digital ID protection app

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BBVA-backed Covault launches digital ID protection app

A digital ID startup backed by BBVA has launched a mobile app that uses biometrics and private key technology to help users securely store, share and verify their identities and documents.

Belgian banks bid to banish passwords with itsme app

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Belgian banks bid to banish passwords with itsme app

Belgium's major banks and mobile network operators have joined forces to create an app that lets people replace their various online usernames and passwords with a single code or fingerprint.

Huge Equifax breach hits 143 million consumers

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Huge Equifax breach hits 143 million consumers

Credit referencing firm Equifax has reported a cyber-breach which spilled the personal details of approximately 143 million US consumers.

Briton extradited from Germany over bank cyberattacks

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Briton extradited from Germany over bank cyberattacks

Daniel Kaye, a 29 year old from Surrey, has been extradited from Germany to face allegations that he was responsible for a series of cyberattacks against two UK high street banks - Lloyds and Barclays.

Australia blames bitcoin for rise in organised crime

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Australia blames bitcoin for rise in organised crime

The growth of online banking and digital currencies haver been cited as the main causes of a massive rise in organised crime in Australia's financial sector according to the country's criminal intelligence agency.

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