Users of crypto derivative platform BitMEX are being urged to update their accounts after thousands of email addresses were mistakenly shared in a mass email.
Co-founded by Jo Ann Barefoot, former deputy comptroller of the currency and David Ehrich of fintech credit card startup, Petal, The Alliance for Innovative Regulation (AIR) has been launched to help regulatory agencies deal with the technological challenges posed by fintech innovation.
Policy-makers at a number of central banks around the world are seriously considering developing and issuing a central bank digital currency (CBDC), with a consumer-ready CBDC likely to arrive in the next five years.
2020 will see a development in the standards governing the flow of money to match the increased globalisation of payment processing, according to Deloitte.
UK politicians have rounded on the nation's banks over an "unacceptable" level of IT crashes and outages, calling on regulators to take action to improve operational resilience across the sector and to consider the implementation of new rules on cloud service providers.
UniCredit has uncovered a data breach affecting the personal records of more than three million Italian customers.
Nine out of ten people say data privacy is important to them, according to a recent Mastercard-commissioned survey, yet only one-quarter say companies are doing a very good job handling individuals’ data.
The National Cyber Security Centre (NCSC) has defended the UK against more than 600 cyber attacks in the past year – bringing the total number to almost 1,800, new figures show today.
The figures are contained in the NCSC’s third Annual Review, which also sets out the various ways the organisation has been protecting the public. This includes a pioneering operation to stop hundreds of thousands of people losing money to credit card fraud.
