A new report from the Payment Systems Regulator (PSR) reveals how fraudsters exploit major platforms, such as social media and online marketplaces, to scam consumers, leading to significant financial and emotional harm.
The UK's Financial Conduct Authority (FCA) has outlined its latest steps to enhance the integrity of the country’s crypto market through a new Discussion Paper focusing on admissions, disclosures, and market abuse prevention.
Cybersecurity researcher Jeremiah Fowler uncovered an unprotected database belonging to Care1, a Canadian provider of AI-driven software solutions for optometrists.
Ripple has received approval from the New York Department of Financial Services (NYDFS) to launch its dollar-backed stablecoin, RLUSD.
Sweden's Financial Supervisory Authority (FI) has imposed a $50 million fine on Klarna for deficiencies in its anti-money laundering (AML) compliance.
Source: LexisNexis Risk Solutions
LexisNexis Risk Solutions, part of RELX, has entered into an agreement to acquire IDVerse, a provider of AI-powered automated document authentication and fraud detection solutions.
As the European Council moves forward with the Financial Data Access (FIDA) legislation, which seeks to enhance open finance by enabling financial institutions to share customer data, industry stakeholders are urging caution.
Google has filed a lawsuit against the US Consumer Financial Protection Bureau (CFPB) to contest its supervisory authority over Google Payment Corp.
