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RBC launches incubator

/security

RBC launches incubator

The Royal Bank of Canada is backing a new incubator programme for fintech and cybersecurity startups.

Permira to take majority stake in BioCatch

/security

Permira to take majority stake in BioCatch

PE firm Permira is buying a majority position in BioCatch in a deal that values the Israeli behavioural biometrics company at $1.3 billion.

Bank of Ireland to equip call centres with single customer view and voice biometrics

/security

Bank of Ireland to equip call centres with single customer view and voice biometrics

Bank of Ireland is spending €34 million to overhaul its call centre operations, providing operators with a single customer view and introducing voice biometrics for added security.

HSBC and PayPal tackle quantum-safe cryptography in payments

/security

HSBC and PayPal tackle quantum-safe cryptography in payments

HSBC and PayPal are among the founding member of a new working group investigating the adoption of quantum-safe cryptography in the payments industry.

NextGen Nordics 2024: A closer look at Confirmation of Payee

/security

NextGen Nordics 2024: A closer look at Confirmation of Payee

Moderating her last panel of the day, Finextra’s head of content Madhvi Mavadiya discussed Confirmation of Payee (COP) with Christina Fransson, senior payment product specialist of FIS in EMEA, Greg Huguet, European regional director at iPiD, Paulina Kudlacik, Confirmation of Payee scheme manager at the Nordic Payments Council, and Richard Ross, global payment market infrastructure expert at Swift.

Mastercard harnesses AI to take on scammers

/security

Mastercard harnesses AI to take on scammers

Mastercard is tackling the growing threat of scams through the launch of an AI-based product suite and several cross-industry partnerships.

NextGen Nordics 2024: How will incoming regulation shape payments infrastructure?

/security

NextGen Nordics 2024: How will incoming regulation shape payments infrastructure?

At NextGen Nordics 2024 in Stockholm, moderator Debi Bell Hoskings hosted an interactive panel session on new regulation on data and privacy, asking for input from the audience.

Police bust cybercrime phishing subscription network

/security

Police bust cybercrime phishing subscription network

Police have arrested 37 members of a criminal gang that operated a phish-for-subcription Website that duped up to 70,000 UK victims into entering their bank details at fraudulent internet sites.

TokenEx and Ixopay to merge

/security

TokenEx and Ixopay to merge

Cloud tokenisation provider TokenEx has agreed a merger with payments orchestration platform Ixopay. Financial terms were not disclosed.

Barclays reports large spike in investment scams

/security

Barclays reports large spike in investment scams

Barclays Bank is calling for social media platforms to act fast to improve verification of financial adverts after reporting a large spike in investment scams.

BoE forecasting held back by out-of-date tech - Bernanke

/security

BoE forecasting held back by out-of-date tech - Bernanke

The Bank of England has been heavily criticised by a former chairman of the US Federal Reserve for relying on outdated technology for its economic forecasts.

Lloyds Bank cuts risk dept headcount

/security

Lloyds Bank cuts risk dept headcount

UK high street bank Lloyds Bank is reducing the size of its risk management department because it is seen as a “blocker” to the bank’s “strategic transformation”.

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