financial industry

Google Cloud’s AML AI represents an advancement in the fight against money laundering. By replacing outdated transaction monitoring systems and embracing AI technology, …

Organized criminal groups exploited a flaw in Revolut’s payment systems and made off with $20+ million of the company’s money, the Financial Times reported on Sunday, …

Integrating an acquired company into a single organization is a daunting task that can take weeks, months, or even years to complete. To have a successful conclusion to the …

Within the largest financial institutions, insurers, and retailers, the rise and adoption of AI, an impending recession, and the return of pre-pandemic fraud techniques are …

The impact of identity fraud varies for organizations in the financial services industry, based on whether they belong to the banking or FinTech sector, according to Regula. …

Netwrix announced additional findings for the financial and banking sector from its global 2022 Cloud Security Report. Compared to other industries surveyed, financial …

Revolut, the fintech company behing the popular banking app of the same name, has suffered a data breach, which has been followed by phishing attacks aimed at taking advantage …

In this Help Net Security video, Michael Thelander, Director Product Marketing at Eclypsium, discusses how financial organizations are failing to act despite the majority …

We all know the risks out there. Ransomware is a huge threat, and critical transactional data is constantly under attack. Meanwhile, financial services organizations are being …

Veracode released data revealing that the financial services industry ranks among the best for overall flaw percentage when compared to other industries, but has one of the …

As payment fraud increases, global losses are projected to reach $40.62 billion by 2027. Governments and businesses are turning to meaningful customer authentication to crack …

During the first half of 2022, BioCatch data reveals that money mule accounts represent up to 0.3 percent of accounts held by financial institutions, and an estimated $3 …