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Latest Results from /security

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Permira Growth buys mintority stake in BioCatch

BioCatch, the pioneer of behavioral biometrics intelligence and a global leader in digital fraud detection, today announced that Permira Growth Opportunities has acquired a significant minority stake in the company from existing investors, making it the third largest shareholder in the company, following Bain Capital and Maverick Capital.

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CaixaBank joins AI consortium

CaixaBank, together with another 16 European companies, has created the GREEN.DAT.AI European research consortium, which aims to develop new AI-based services that provide a more sustainable data analysis.

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US Treasury and MAS conduct cross-border cybersecutiry exercise

The United States Department of the Treasury and the Monetary Authority of Singapore (MAS) have been expanding its collaboration on cybersecurity and operational resilience issues since Vice President Kamala Harris announced the formal partnership and finalization of a bilateral Memorandum of Understanding (“MoU”) on Cybersecurity Cooperation between Treasury and Singapore’s MAS in August 2021.

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LogRhythm selected to detect security threats to Egypt's financial nework eFinance

LogRhythm, the company empowering security teams to navigate the ever-changing threat landscape with confidence, has partnered with eFinance, a subsidiary of eFinance Investment Group to rapidly detect and mitigate threats in Egypt’s digital payment security ecosystem with LogRhythm SIEM, LogRhythm’s security information and event management (SIEM) solution.

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BR-DGE ships network tokenisation product ‘Vault’

Today, leading payment orchestration platform BR-DGE launches BR-DGE Vault, a state-of-the-art Network Tokenisation product to deliver industry-leading transaction performance and security to its merchants and payments partners.

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Seon aims for US growth with new CRO hire

FinCrime prevention technology expert, SEON, has added considerable expertise to its ranks with the hire of new Chief Revenue Officer (CRO), Matt DeLauro.

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EBA identifies fraud in retail payments and over indebtedness as key policy issues

​The European Banking Authority (EBA) published today the 8th edition of its Consumer Trends Report for 2022/23, which summarises trends observed for the products and services under the EBA’s consumer protection mandate.

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Fraud dents trust in digital payments in Nigeria

According to the Kaspersky Digital Payment survey, 37% of respondents from Nigeria experienced financial losses associated with threats when using online banking and mobile wallet services.

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Armalytix delivers income and risk insights tools

Armalytix, a cutting-edge fintech company that streamlines financial insights for financial crime and risk checks to the professional, financial services and gambling sectors, announced today the launch of Income and Risk Insights.

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SurePay opens online portal for Confirmation of Payee checks

SurePay, the leading provider of payment verification solutions, has announced the launch of an online portal that enables UK banks and payment service providers (PSPs) to perform Confirmation of Payee checks.

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ACI Worldwide rolls out cloud-based fraud protection services for FedNow migration

ACI Worldwide (NASDAQ: ACIW), a global leader in mission-critical, real-time payment solutions, today announced that its award-winning fraud protection services are now available as part of ACI’s Real-Time Payments Cloud for U.S. customers preparing for the July launch of FedNow.

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UK Finance: £177.6 million lost to impersonation scams in 2022

During Take Five Week (17-21 April), the public is being warned to beware of impersonation scams as new figures show there were 45,367 cases of this type of fraud in 2022, with losses totalling £177.6m.