Latest Security News: Finextra Research

Banks to be given more time to investigate APP fraud

UK banks will be given an extra 72 hours to stall payments if they suspect authorised push payment fraud.

12 March 2024

JPMorgan invests in Eye Security

JPMorgan Chase's growth equity investment unit has led a €36 million Series B funding round for Dutch cybersecurity firm Eye Security.

12 March 2024

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UniCredit hit with £2.3 million fine for data breach

UniCredit, Italy’s second-largest bank, has been fined €2.8 million (£2.3 million) by the country’s data protection authority over 2018 data breach case.

08 March 2024

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AmEx card details exposed in third-party data breach

American Express is writing to customers warning them that their account information may have been compromised in a data breach at a third party service provider.

04 March 2024

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Cybercrooks steal personal data of 17m loanDepot customers

Mortgage company loanDepot says that the personal data of nearly 17 million customers was stolen in a January ransomware attack.

26 February 2024

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Singapore warns banks to prepare for quantum computing cyber threat

The Monetary Authority of Singapore has told the country's financial institutions to make sure they are prepared for the rising cybersecurity risks posed by quantum computing.

22 February 2024

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Garanti BBVA issues biometric card

Turkey's Garanti BBVA has rolled out a Mastercard contactless credit card with a built-in fingerprint scanner.

21 February 2024

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Revolut launches AI-based scam detection feature

Revolut has launched an AI-powered anti-scam feature to protect customers from falling victim to authorised push payment fraud.

15 February 2024

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Bank of America customers hit by data hack at Infosys McCamish Systems

Bank of America is warning customers of a data breach following a security breakdown at Infosys McCamish Systems, a provider of services for deferred compensation plans at the bank.

13 February 2024

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US fraud losses top $10bn in 2023

Americans lost more than $10 billion to fraud in 2023, with investment scams accounting for nearly half of the losses, Federal Trade Commission data shows.

13 February 2024

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Older Americans demonstrate more digital financial literacy than younger peers

Digital financial literacy among Americans increases with age, according to research from Capital One.

12 February 2024

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NextGen Nordics 2024: Agenda to cover AI, Buy Now Pay Later, data privacy and Request to Pay

The Nordic region has been at the vanguard of innovation across payments for decades, but is that the case in 2024? NextGen Nordics 2024 - a leading conference led by Finextra Research held in Stockholm on 23 April 2024 - will procure an answer to this question from experts hailing from Denmark, Finland, Iceland, Norway and Sweden.

09 February 2024

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