2017 the year of creative cyber criminality

The 4th EU Anti-Money Laundering Directive becomes active

73% of financial crime professionals in UK financial services believe that the 4th EU Anti-Money Laundering Directive will make it easier for firms to prevent money laundering a survey of nearly 200 professionals has...
Usage of traditional Vs non-traditional firms

World Retail Banking report: Open banking demands foresight, but indicates new revenue streams

The Open Banking evolution continues to unfold. Banks risk disintermediation if they do not carefully 1) choose their customer-interaction business model role, and 2) use application programming interfaces (APIs), according to the World Retail...
Virtual Account Management (VAM)

Virtual accounts: innovation to help banks exceed customer expectation

Corporates are under increasing pressure to be more efficient and their expectations of their banks are changing as a result. Banks need to be innovative to meet client expectations. Virtual accounts can be part of...
Cybersecurity compromises by environment

Global cybersecurity trends – Trustwave 2017 report

Trustwave has released its 2017 cybersecurity report which reveals the top cybercrime, data breach and security threat trends from 2016. The report reveals both good and bad news in the world of cybersecurity as intrusion detection...
Trends in Consumer Mobility Report - P2P 1

Bank of America – Trends in Consumer Mobility Report

The latest Bank of America Trends in Consumer Mobility Report explores emerging payments trends – specifically person-to-person payment technologies (P2P) that allow consumers to send money to others via their mobile device – and...

Banks to face fines totalling €4.7bn in first three years under GDPR

A new report from Consult Hyperion, forecasts that European financial institutions could face fines totalling €4.7 billion in the first three years under the new General Data Protection Regulation (GDPR). This forecast is conservative...
PSD2 and Risk Based Authentication: The Issuer Story

PSD2 and Risk Based Authentication: The Issuer Story

Issuers have been using Risk Based Authentication (RBA) to great success for some time now. With new legislation coming in, there is confusion in the market about what RBA means for issuers and how...

Bitcoin Inforgraph – An insight on past events and what lies ahead

Bitcoin is a cryptocurrency that operates independently without banking institutions and the government, there’s nothing physical about it – all virtual! It’s non-tangible, but renders gains for real. It flows freely, without anyone/anything controlling and...
Total Disclosed Cybersecurity Investment Value per annum ($m) & Average Investment Value ($m)

Cybercrime will cost businesses over $2 trillion by 2019

New research suggests that the rapid digitisation of consumers’ lives and enterprise records will increase the cost of cybercrime via data breaches to $2.1 trillion globally by 2019, increasing to almost four times the...

Whats the state of play? Cybercrime Report Q1 2017

In the ever-evolving world of cybercrime, authentication continues to be a mainstay of global digital businesses; accurately recognising trusted returning users and promoting a frictionless online environment builds a loyal customer base and reduces...

Latest News

Is mobile money a haven for money launderers?

Is mobile money a haven for money launderers? There have been a number of developments in the international financial system in recent decades that...
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