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Latest Results from /security

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UK's Payment Systems Regulator sets out updated strategy

Halfway through its five-year strategic plan, the UK's Payment Systems Regulator (PSR) has published its strategy update setting out its core commitments.

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JP Morgan unveils biometric payment terminals

JP Morgan has unveiled two proprietary biometric-enabled in-store payment terminals that will be offered to retailers later this year.

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Chainalysis buys AI fraud detection firm Alterya

Blockchain analysis giant Chainalysis has acquired generative AI-powered fraud detection startup Alterya.

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BNP Paribas taps Oracle for cloud solutions

BNP Paribas has announced that it will adopt Oracle Exadata Cloud@Customer solution into its cloud strategy to strengthen security and customer personalisation in their systems.

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Thieves attach boat-lifting straps to car to rip out cash machines

Heavy-duty strap used to lift boats out of water have been linked to a series of cash machine raids in Worcestershire.

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Tietoevry Banking achieves mandate for roll out of Verification of Payee

Tietoevry Banking has registered with the European Payments Council as a provider of Routing and Verification Mechanisms (RVM) for Verification of Payee (VoP) as new instant payment regulations come into force across the Eurozone.

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One-in-five consumers lost money to scammers in 2024

New research from Barclays Bank reveals that one in five consumers fell victim to a scam in the last year.

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Finextra's year in review

With 2024 drawing to a close, we take a look back at our most popular news items and community engagement activities over the course of the past year.

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EPC issues RFP for API Test Toolbox for verification of payee

The European Payments Council has issued a request for proposal (RFP) for an API Test Toolbox for the Verification of Payee scheme.

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PSR calls for data sharing between banks and technology platforms to combat APP fraud

A new report from the Payment Systems Regulator shows how fraudsters exploit major platforms to scam consumers.

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NAB sets five-year goal to phase out passwords

National Australia Bank says it expects to phase out passwords for internet banking within the next five years, replacing the security measure with passkeys and biometric recognition technology.

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Australian regulator sues HSBC for failing to protect customers from scams

The Australian Securities and Investment Commission (Asic) is suing HSBC for failing to adequately protect customers scammed out of millions of dollars.