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Fourth Anti-Money Laundering Directive and revised Wire Transfer Regulation
On the 25 June 2015, a new package of EU Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF) legislation came into...
The role of cyber security due diligence as an M&A priority
The role of cyber security due diligence in M&A is a priority. Last year alone, M&A activity reached fever pitch,...
FI’s unaware of customer account access obligations under PSD2
Only 5% of banks and other financial institutions are aware that the EU Payment Services Directive (PSD2) will require open...
Whose regulation is it anyway and why it is so important
Sometime it is difficult enough for the industry to keep up with new technology threats and opportunities domestically, let alone regionally...
Cybercriminals exploit the Human Factor
The use of zero-day exploits and advanced persistent threats to hack into organisations make for great news headlines. However the reality...
EBA response to Commission’s proposal on virtual currency and AML directive
In an Opinion issued yesterday, the EBA welcomed the Commission’s proposal to bring virtual currency exchange platforms and custodian wallet...
Card fraud losses soar in 2015 – large rises in key European markets
FICO reveals the UK saw Europe’s largest annual jump in card fraud losses for 2015. Most of the 18% rise...
Mastercard report 80% EMV chip card penetration in US – fraud down
Mastercard announced that 80% of its US consumer credit cards have chips, representing an 88% increase in chip card adoption...