As Europe advances toward enhanced open finance with the proposed Financial Data Access (FIDA) legislation, concerns are mounting among financial industry stakeholders.
The Regulated Settlement Network (RSN) proof-of-concept (PoC) demonstrated the transformative potential of shared ledger technology for upgrading multi-asset and cross-network transaction settlements in the US financial system.
Allied Irish Bank (AIB) is advising customers to stay alert against rising fraud risks, especially during the holiday season when many relax their vigilance. The bank has identified the top five fraudulent tactics prevalent in 2024, urging consumers to take proactive steps to protect themselves.
Experian's 12th annual Data Breach Industry Forecast warns that data breaches will continue unabated in 2025, with AI emerging as a dominant force in both cyberattacks and defenses.
Despite increasing efforts to adopt artificial intelligence (AI), many firms remain in the early stages of implementation, hindered by significant gaps in workforce training and regulatory readiness.
Mastercard has reached a settlement in a groundbreaking lawsuit initiated by consumer advocate Walter Merricks on behalf of approximately 46 million UK adults.
A study by Interisle Consulting reveals a troubling trend: although new generic top-level domains (gTLDs) account for just 11% of the market for new domain registrations, they represented 37% of all cybercrime domains reported between September 2023 and August 2024.
A massive international law enforcement operation, involving agencies from 40 countries, has led to the arrest of over 5,500 individuals connected to financial crimes and the seizure of more than $400 million in virtual assets and government-backed currencies.