Romania’s central bank governor, Mugur Isarescu, found himself unwittingly associated with false financial recommendations after being targeted by a deepfake video. The video, which utilized...
In financial services, demand for ease of use and security are sky-high, even for business customers. But for many service providers, achieving one can often...
The Development Bank of Singapore (DBS Bank) announced on Monday (April 29) that it would do away with physical tokens for users of its corporate...
Whether driven by regulation or market competition, the financial services sector in several jurisdictions is progressing toward open banking, interconnectivity and a freer flow of...
A consumer’s sense of security and trust can be a funny, even unpredictable thing, especially when it comes to payments, banking and commerce. Maybe it’s...
With an eye on fraud prevention, banks in the United Kingdom are slated to debut name checks to accompany bank transfers. The directive comes from...
Tesco Bank agreed on Monday (Oct. 1) to pay £16.4m in a settlement with the Financial Conduct Authority (FCA) due to a cyberattack at the lender...
One of the recent cyberattacks against Latin American financial institutions, this one targeting Mexico’s central bank, resulted in the theft of a reported $15.2 million....
Financial services companies in the U.K will have to undergo cyber stress tests to ensure they could recover if they were hit with a major...