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Finextra and the Euro Banking Association invite startups to join the Fintech Zone

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Finextra and the Euro Banking Association invite startups to join the Fintech Zone

EBAday 2025, the annual summit hosted by the Euro Banking Association (EBA) and Finextra, has opened applications from fintech startups to join the Fintech Zone pitch contest.

CBA chops fraud with AI

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CBA chops fraud with AI

Australia's Commonwealth Bank says early implementation of GenAI is helping it to substantially reduce fraud rates.

Hackers steal $17 million from Central Bank of Uganda

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Hackers steal $17 million from Central Bank of Uganda

Hackers have breached the Central Bank of Uganda's firewalls and stolen $17 million from Treasury accounts.

PSR says APP reimbursement rules are promoting vigilance, not complacency

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PSR says APP reimbursement rules are promoting vigilance, not complacency

Research published by the Payment Systems regulator indicates that reimbursed fraud victims feel more vigilant about fraud risks, not less.

NextGen: AI: Busting five AI myths

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NextGen: AI: Busting five AI myths

The next afternoon panel was moderated by Debi Bell-Hosking, with speakers consisting of Dr Janet Bastiman, chief data scientist, Napier AI; Stuart McDowell, UK CIO, Societe Generale; and David Tracy, head of data products, Smart Data Foundry.

NatWest launches advent calendar to warn Brits about scams

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NatWest launches advent calendar to warn Brits about scams

As fraudsters gear up to take advantage of the Christmas period, NatWest has launched an advent calendar designed to educate Brits on the threat of common purchase scams.

NextGen: AI – Join Finextra in London next week

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NextGen: AI – Join Finextra in London next week

Join us in London on 26 November to explore the current AI challenges, opportunities, and the future of AI in financial services.

AI adoption in UK FS sector grows but understanding lags

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AI adoption in UK FS sector grows but understanding lags

Three quarters of financial services firms in the UK are already using artificial intelligence, yet nearly half of these users have only a "partial understanding" of the AI they are deploying, according to a Bank of England and FCA survey.

Finastra investigates data breach, prioritising customer communication

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Finastra investigates data breach, prioritising customer communication

Fintech firm Finastra has shared further detail on the investigation process following a data breach that occurred earlier this month.

Australian banks pilot fraud intelligence sharing network

/security

Australian banks pilot fraud intelligence sharing network

Australia's top banks are piloting a fraud and scams intelligence-sharing network using behavioural- and device-based technology from security vendor BioCatch.

AI-created digital documents and deep fakes pose biggest threat to financial services

/security

AI-created digital documents and deep fakes pose biggest threat to financial services

Digital document manipulation using AI and deepfakes have been revealed as the biggest growing threats facing the financial services industry going into 2025, according to a report by the Entrust Cybersecurity Institute.

Fraud fears impacting small businesses

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Fraud fears impacting small businesses

New research from Visa reveals that more than two fifths (41%) of small-medium businesses in the UK have been a victim of fraud, with the average amount lost due to fraudsters in the last year being £3,808.

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