Tag: banking security

Cleafy raises €12m to fight banking fraud in Europe

Cleafy, a Milan-based enterprise cybersecurity company specialising in banking fraud prevention, has raised €12m in a Series B round co-led by United Ventures and...

Nationwide targets impersonation fraud with new call checker

Nationwide has launched a new call checker service aimed at tackling the growing threat of impersonation scams, as fresh research from the building society...

66% prefer banks with AI fraud protection

A new report from Alloy has found that while Americans are increasingly alarmed by the growing sophistication of AI-driven scams, they are equally eager...

Why biometrics are the future of fraud prevention

Traditional authentication methods such as passwords and one-time codes are no longer strong enough to protect financial institutions against sophisticated fraud. Deloitte estimates synthetic...

SecuritySide joins ebankIT in digital banking security push

EbankIT, a global provider of digital banking platforms, has announced the acquisition of SecuritySide, a cybersecurity firm specialising in securing financial institutions across multiple...

IDnow and Keyless unite to secure digital identity

IDnow has formed a strategic partnership with Keyless to enhance digital identity security across Europe.

4 critical AML use cases for AI

The relentless advancement of artificial intelligence (AI) in banking is a game-changer in the ongoing war against financial crime. Financial institutions of every size...

Non-insured digital payment apps place consumer funds at risk, warns CFPB

The CFPB has warned users of non-bank payment apps about the risk to their funds due to lack of federal deposit insurance coverage.

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