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Worldpay and Visa partner to boost authorisations

Worldpay has expanded its partnership with Visa to enhance the payments leader’s 3D Secure (3DS) solution, which can help merchants reduce fraud while reducing consumer friction and boosting authorizations.

/security

Banfico becomes the first Routing and/or Verification Mechanism certified by the EPC for VoP

Banfico, a leading global fintech specialising in account verification solutions, has become the first Routing and/or Verification Mechanism (RVM) to achieve full qualification status in the European Payments Council's (EPC) Verification of Payee (VOP) scheme.

/security

IFX Payments selects Form3 for Verification of Payee

IFX Payments, a service-led alternative banking partner, today announces it will be using Form3's Verification of Payee (VoP) solution for SEPA account, strengthening its defences against payment fraud and aligning with the Instant Payments Regulation mandate.

/security

Bank of Ireland warning of spike in ‘safe account’ scam

Bank of Ireland is warning customers about a dramatic increase this week in reports and cases of an attempted ‘safe account’ scam.

/security

OneSpan acquires Fido passwordless software authentication solution provider Nok Nok Labs

OneSpan Inc. today announced the acquisition of Nok Nok Labs Inc., a leading provider of FIDO passwordless software authentication solutions. By joining forces with Nok Nok, OneSpan is driving the industry towards a more secure future, enabling customers to adopt a wide range of flexible, future-proof authentication options.

/security

We Fight Fraud adopts Salv Bridge to share real-time scam intelligence with banks

We Fight Fraud (WFF), a specialist financial and cyber crime consultancy, has selected European Regtech scale-up Salv to share intelligence with financial institutions across Europe.

/security

Tyfone and AFS join forces to combat fraud

Digital banking solutions provider Tyfone today announced it has partnered with Advanced Fraud Solutions (AFS), a trusted leader in fraud prevention solutions, to offer a user-friendly, proactive check and ACH fraud prevention solution for commercial accounts.

/security

Feedzai launches AI-driven fraud detection tech powered by network intelligence

Feedzai, the global leader in AI-native financial crime prevention, today announced the launch of Feedzai IQ, a new family of solutions that enables network fraud intelligence without compromising customer privacy.

/security

FinTech Scotland and TSB launch innovation challenge to combat fraud

FinTech Scotland unveiled today the latest innovation programme in collaboration with TSB Labs at Money20/20, Europe’s largest fintech conference.

/security

Quantum computing poses a threat to the crypto ecosystem, says D24 Fintech Group

Quantum computing continues to advance rapidly, with many believing that its commercial use is not far away, leading several experts to believe it could pose a serious risk to the crypto industry.

/security

DTCC appoints Laura Deaner as chief information security officer

The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced the appointment of Laura Deaner as Chief Information Security Officer (CISO), reporting to Lynn Bishop, Chief Information Officer.

/security

Sumsub introduces bank account verification across Europe

Sumsub, a global full-cycle verification platform, announces the launch of its Bank Account Verification solution.

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