Tag: Security
Battle for IP ownership challenges FinTech collaboration
Banks and asset managers are being hampered in their efforts to work with FinTech firms by the desire to own intellectual property (IP). Read more: www.finextra.com
Financial Fraud Action stats highlight risk of business complacency
The latest Financial Fraud Action (FFA) UK report, published today, reveals financial fraud cases in 2016 totalled 1,857,506, amounting to a loss of £768.8m. Read more: www.fintechroundup.com
Identity verification company ID.me grabs $19m
Users and employee verification company ID.me has raised $19m in a Series B round from FTV Capital. Read more: www.fintechroundup.com<
FinTech makes it easier than ever to protect our wealth
Imagining a future where money doesn’t need the involvement of central banks or legal tender laws. Read more: www.irmagazine.com
Financial regulator infects Polish banks with malware
Several Polish banks have seen workstations infected with malware that appears to have originated from the country's financial regulator. Read more: www.finextra.com
Lloyds Bank outage: DDoS is prime suspect
The banking group suffered several interruptions to its online service that it initially blamed on "unspecified technical glitches". Read more: www.theregister.co.uk
EU watchdog tells FS firms to focus on blockchain security
Financial services firms rushing to adopt blockchain need to make sure that they address the security challenges associated with the technology. Read more: www.finextra.com
Insurers tap cyber security ratings to limit liabilities
New breed of startups aims to assess strength of companies’ defences against hackers. Read more: fintechranking.com
Payfone picks up $23.5m for mobile verification
Mobile identify authentication startup Payfone has raised $23.5m in a Series E round of funding. Read more: www.fintechroundup.com