Tagged: security

Starling Bank Introduces 3D Secure Feature

Just days after announcing plans to create 150 jobs in its new Southampton office, UK-based digital banking platform Starling Bank announced its new 3D Secure feature. According to the banking group, 3D Secure is a tool for online transactions that require the account holder to… Read More

Mastercard Acquires Ethoca to Reduce Digital Commerce Fraud

Just days after announcing its acquisition of global cross-border account-to-account money transfer network, Transfast, credit card giant Mastercard announced on Tuesday it has entered into an agreement to acquire Ethoca, a global provider of technology solutions that help merchants and card issuers collaborate in real-time… Read More

IBM Launches Blockchain Security Testing Service

IBM (NYSE: IBM) Security’s team of offensive security experts, X-Force Red,  announced on Tuesday the launch of a new blockchain testing service, which was created to help identify weaknesses and strengthen the security of a wide range of solutions that incorporate the fast-growing technology. IBM… Read More

CipherTrace Secures $15 Million Venture Capital Investment For Cryptocurrency Security, Intelligence, & Regulatory Compliance

Blockchain security company CipherTrace announced on Tuesday it secured $15 million venture capital investment. The latest funding round was led by Aspect Ventures and includes other notable investors such as Galaxy Digital, Neotribe Ventures, and WestWave Capital. As part of the investment, Aspect’s Mark Kraynak will… Read More

Jumio Launches Biometric Video Self Identity Verification Feature

Jumio, a U.S. fintech, announced on Monday the launch of its new end-to-end biometric verification feature, Jumio Authentication. According to Jumio, this new approach starts with identity proofing where the user captures their government-issued ID and a selfie, which are then compared to each other… Read More

Kudelski Security Announces New Blockchain Security Center

Kudelski Security, the cybersecurity division of the Kudelski Group (SIX: KUD.S), announced on Tuesday the launch of its new Blockchain Security Center (BSC), which is reportedly making available its cryptography expertise into the rapidly evolving blockchain developer community. According to Kudelski Security, the BSC will… Read More

B-Hive Launches New Cybersecurity Program “Trusted Fintech”

Fintech

Fintech collaboration platform B-Hive announced on Wednesday the launch of its new cybersecurity program, Trusted Fintech. According to B-Hive, Trusted Fintech was created to help startups and scale-ups embed cyber awareness into their core values. The program also aims to increase the trust within the general public… Read More

Swarm Releases Market Access Protocol For Tokenized Security Trading

Swarm, a blockchain for private equity platform, announced on Wednesday the release of its Market Access Protocol (MAP) for tokenized security trading. According to Swarm, the new MAP will reportedly provide a streamlined solution that facilitates the efficient flow of compliant transactions while also offering both privacy protection… Read More

BBVA Now Providing Customers With Greater Banking Security Options Through Mobile App

BBVA announced on Thursday it is now offering customers with greater banking security options through its mobile app. BBVA reported it is allowing customers to manage security levels on their smartphones from a single point in the app. According to BBVA, users can now configure the… Read More

Monzo Reports Customers Have Nothing To Worry About Following Ticketmaster Breach

Following the announcement that there was a breach on Ticketmaster’s ticketing platform, UK challenger bank Monzo reassured its customers that there is nothing to worry about in terms of credit card information. The fintech confirmed that breach issues on Ticketmaster began even as early as… Read More

Sentinel Protocol Raises US$27M & Partners with Bibox Exchange

Sentinel Protocol, a crowdsourced threat intelligence platform built on the blockchain, has not only signed a partnership with Bibox Exchange but announced a $27M funding windfall. Bibox has agreed to deploy Sentinel Protocol platform to protect its users but list Sentinel Protocol’s UPP token. “Exchanges are… Read More

UK Fintech Humaniq Implements Smart bioID System to Further Strengthen Outgoing Transaction Security

UK-based fintech Humaniq announced on Tuesday it has implemented additional bioID settings that will act as an extra safeguard be integrated into Humaniq app, which the company reports has already had more than 100,000 downloads in the Google Play store. Humaniq reported: “Humaniq is seizing the opportunity… Read More

Monzo Teams Up With Jumio to Create Strong Identity Verification For New & Existing Customers

Jumio, the creator of Netverify Trusted Identity as a Service (TIaaS), has today announced a partnership with Crowdcube alum and challenger bank, Monzo, to create strong identity verification for new and existing customers. The duo revealed that Monzo will be using Jumio to help verify customers whoa… Read More

AltFin Investment Marketplace Update: Symbiont Links with HK-Based PrivateMarket.io

Hong Kong-based PrivateMarket.io and Symbiont announced an agreement to build an alternative investment marketplace for closed-end funds using Symbiont’s SmartSecurities software. At this writing, terms were not disclosed. “Symbiont’s SmartSecuritiesTM back-end is production-ready and we look forward to working with Loïc and his team to commercialize… Read More

SoFi Introduces New Two-Step Verification Feature to Offer Users Next Level of Account Protection

Online lender SoFi recently announced the launch of its new two-step verification feature that will offer users the next level of account protection. The company revealed that two-factor authentication (or 2FA) would provide an additional layer of security to help protect accounts from unauthorized access. While sharing… Read More

Update: Cocoon Nears £2.3 Million During the Final Week on Crowdcube

With its Crowdcube initiative set to close this upcoming weekend, UK-based home security company Cocoon is nearing £2.3 million thanks to 925 investors. The company previously captured $252,538 from 860 backers in 2014 through reward-based crowdfunding portal, Indiegogo, for its one device home security system. Prior to the… Read More

Overfunding: Home Security System Cocoon Surpasses £2 Million Funding Target on Crowdcube

With nearly two weeks until its Crowdcube campaign comes to an end, UK-based home security company Cocoon successfully secured its new £2 million funding target (originally £2.5 million) from nearly 750 investors. Before launching the initiative, the company raised £1,025,000 from Aviva Group Holdings and Breed Reply… Read More

Australia: Can Government & Industry Come Together to Advance FinTech Security?

In a follow-up to Australia’s National Fintech Cyber Security Summit in May 2016, Data61 published a new report called “Startup Secrets: How Australia Can Create New Businesses with Fintech and Cyber Security Industry Collaboration”.  The report highlights how the government and private sector can invest… Read More

Capgemini: Fintech Disrupts Testing and Quality Assurance

Renu Rajani, Vice President of Capgemini, opined earlier this week that Fintech’s revolution this past year has disrupted trends in testing and quality assurance (QA).  The observation is based on findings further described in the firm’s latest fintech report, World FinTech Report 2017, which was published earlier… Read More

Brief: Russell Investments Picks Qumram For Digital Compliant Record-Keeping

On Thursday, Qumram, a global provider of digital interaction audit solutions for the financial services industry, has been selected by global asset managing company Russell Investments, to provide compliant digital record-keeping. Qumram stated because client demand for digital communication and transaction has increased, so has compliance risk. It will… Read More

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