Skip to content
Cyber Security RSS
Fight over EBA’s recommendation on Screen Scraping hots up as banks up the ante
Just days after a coalition of 56 FinTech vendors lobbied the European Banking Authority in a strongly worded petition regarding the practice of Screen Scraping, The European Banking Federation (EBF) is asking the European Commission (EC) for its help on a Screen Scraping ban due to concerns over the privacy of client data, cyber security and innovation. The [...]
The post Fight over EBA’s recommendation on Screen Scraping hots up as banks up the ante appeared first on Payments Cards & Mobile.
AI and machine learning is catching up with financial criminals
When transaction volume goes up, banks and other financial institutions have turned to machine learning and AI to help streamline services. In the UK alone, over 72,000 payments are made by consumers and businesses every minute and this will grow to 79,000 payments by 2025. If there are now more than 38 billion payments annually, and [...]
The post AI and machine learning is catching up with financial criminals appeared first on Payments Cards & Mobile.
Rabobank and Signicat launch Digital Identity Service Provider
Rabobank and Signicat are entering the Dutch identity market together by providing digital services to businesses, supporting them in servicing their clients. This joint Digital Identity Service Provider (DISP) offers a range of online login, identity, signature and archiving solutions under the banner of Rabo eBusiness. It provides optimal convenience for a range of businesses, [...]
The post Rabobank and Signicat launch Digital Identity Service Provider appeared first on Payments Cards & Mobile.
UK payment systems represent systemic risk to financial stability – central bank consolidation underway
In a recent announcement, the UK’s Payment Systems Regulator and the Bank of England (BoE) agreed a framework for the consolidation of Bacs, the Cheque and Credit Clearing Company and the Faster Payments Scheme. The BoE has now gone one stage further and announced it will it will set out plans by the middle of [...]
The post UK payment systems represent systemic risk to financial stability – central bank consolidation underway appeared first on Payments Cards & Mobile.
Whats the state of play? Cybercrime Report Q1 2017
In the ever-evolving world of cybercrime, authentication continues to be a mainstay of global digital businesses; accurately recognizing trusted returning users and promoting a frictionless online environment builds a loyal customer base and reduces attrition. However, cybercrime is becoming an increasingly global phenomenon, operating across borders in well organized criminal gangs, with knowledge sharing and [...]
The post Whats the state of play? Cybercrime Report Q1 2017 appeared first on Payments Cards & Mobile.
