It's 2022, and as more value becomes stored digitally, scammers are evolving too – now stealing millions of dollars from tens of thousands of Web3 users every month.
As banks around the globe grapple with major upheaval in the way they will need to operate, Norwegian software vendor Commercial Banking Applications AS (CBA), today confirmed that it has completed the roll-out of the latest version of its IBAS GBF – Global Banking Factory solution – readying all its customers for full compliance with the new SWIFT ISO 20022 message standards (MX messages).
200 days on from the mandatory introduction of Strong Customer Authentication (SCA) in the UK, 73% of retailers have seen online payment fraud decline, according to data from Barclaycard Payments.
The Securities and Exchange Commission today announced insider trading charges against two Canadian software engineers who made $1.6 million by trading ahead of non-public, market-moving financial information.
Uplinq Financial Technologies – the first global credit assessment and scoring platform for SMB lenders – today announced the addition of Daniel Moore to its advisory board, where he will help guide Uplinq's strategic direction.
HSBC Asset Management has led a $4 million seed funding round for Bizbaz, a Singapore-based startup using non-traditional data to help financial firms assess credit risk.
Today, the Consumer Financial Protection Bureau (CFPB) sued MoneyLion Technologies, an online lender, and 38 of its subsidiaries, for imposing illegal and excessive charges on servicemembers and their dependents.
On stage at Converge22 today, Circle announced an accelerated crypto payments roadmap enhanced by the recent acquisition of Elements, a merchant and developer-first payments orchestration platform.
