(2 September 2024 – United Kingdom) The UK Government-backed Centre for Finance, Innovation and Technology (CFIT) has partnered with major banks and tech companies to explore digital verification […]
(27 August 2024 – Australia) Westpac is releasing a new safety feature for large corporate and government clients on its payables platform, PaymentsPlus, enabling enhanced defence against payment […]
(22 August 2024 – Canada) Toronto-Dominion Bank (TD), Canada’s second-largest bank, has set aside $2.6 billion to cover potential fines related to a U.S. federal investigation into its […]
(20 August 2024 – Australia) ASIC has released a report into the “less mature approach” to anti-scams strategy and governance of 15 banks outside the Big Four majors. […]
(14 August 2024 – Australia) A new partnership designed to share collective security intelligence amongst Australia’s largest enterprises is honing more effective ways to counter cyberattacks. The formation […]
(27 June 2024 – Belgium) Swift is launching two pilots to test the practical application of artificial intelligence (AI) to enhance fraud detection in payments in collaboration with […]
(6 June 2024 – Vietnam) A 2022 failure of a commercial bank in Vietnam has given way to S&P Global Ratings highlighting issues with widespread corruption, fraud, and […]
(3 May 2024 – United Kingdom) To counter the growing threat of criminals utilising generative artificial intelligence (AI) technology to infect financial institutions (Fis) with malicious software and […]
(25 April 2024 – United States) Mastercard has launched Scam Protect, a suite of advanced fraud-detection tools designed to help banks identify and prevent scams. The initiative aims […]
(25 October 2023 – Australia) Microsoft is planning to invest A$5 billion into cloud infrastructure and release a new Microsoft-Australian Signals Directorate Cyber Shield (MACS) initiative. The funding […]
