Security

“It simply isn’t good enough” – Revolut calls for Meta to commit to sharing reimbursement of fraud victims

Revolut, the global FinTech with over 45 million global customers, is calling on Meta to commit to sharing reimbursement of fraud victims, arguing that its recently announced data-sharing partnership with UK banks and financial institutions falls woefully...

CRM Code for Authorised Push Payment fraud winds down having more-than trebled reimbursement rates, slashed average losses, and slowed scam growth

Last month, the CRM Code, which has safeguarded customers from Authorised Push Payment (APP) fraud since 2019, will be replaced by a new framework from the Payment Systems Regulator (PSR). Overseen by the Lending Standards Board (LSB), the CRM Code covered...

Bridging the gap between online and offline payments without a reliable Internet connection

SecurityTech company Giesecke+Devrient (G+D) is making digital payments independent of online connectivity. The token-based payment solution G+D Filia Unplugged enables consecutive, secure offline payment transactions anytime and anywhere, bridging the gap...

New Revolut feature to block pickpockets and phone snatchers from accessing customer savings ahead of summer travel season

Revolut, the global FinTech with over 8 million UK customers and 40 million globally, has introduced Wealth Protection, an extra layer of in-app identity verification, designed to prevent thieves from accessing customer savings within the Revolut app....

Three UK continuously enhances customer protection against scams and nuisance communications

Three UK has blocked more than 173 million spam texts, equivalent to 10,000 every hour of the day, in the last two years, as part of its efforts to protect its customers from rising online fraud. The progress follows Three becoming the first UK...

The importance of robust API security in insurance

In this article by Andre Kerstens, Principal Solution Architect, Noname Security, we take a look at how APIs in insurance handle vast amounts of sensitive data, making robust API security essential to protect against vulnerabilities, prevent data breaches...

New research shows that poor PIN hygiene leads to 62% of phone theft victims in the UK facing further financial loss and data breaches

Nuke From Orbit, a FinTech startup headquartered in the UK, has unveiled findings from its latest research report, shedding light on a concerning trend in smartphone thefts. The report indicates that in 62% of cases of smartphone thefts in the UK, the...

Eviden reinforces its end-to-end cloud offering with new CloudSecOps Centre in Romania

Eviden, the Atos Group business leading in digital, cloud, big data and security, has announced the launch of its new CloudSecOps centre in Romania. Located in Timisoara, this innovative service centre combines cloud and security...

SoftBank uses SandboxAQ’s AQtive Guard to identify undetected security vulnerabilities

SandboxAQ has confirmed the successful deployment of its AQtive Guard cryptography management platform by the Advanced Research Group of SoftBank. As part of the validation process, SoftBank leveraged AQtive Guard to monitor a local government network...