Banking

Feedzai and Lloyds Banking Group recognised as a Aite-Novarica Group 2022 Fraud Impact Award Winner

Feedzai has been named Best Transaction Fraud Monitoring and Decisioning Innovation in the Aite-Novarica Group 2022 Fraud Impact Innovation Awards. The award highlights how Feedzai empowers the bank’s data scientists to protect customers from scams and other fraud using a patented algorithm and providing a 360-degree entity view of payment risk. Due to its proficiency […]

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Solarisbank selects Feedzai as risk management partner

Feedzai and Solarisbank AG announced a multi-year partnership at Money20/20 Europe in Amsterdam, combining the trailblazing transformation that comes with Banking-as-a-Service with the risk management and security that is expected from financial institutions. Feedzai’s risk management solution means they can scale as Solarisbank grows, helping the company to keep up with a regulatory and geo-political landscape

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Access control is changing

Opinion | Improving banking security and operations through innovations in cloud

Cloud technology has been proven to help businesses remain operational during the pandemic and has helped facilitate a digital transformation process that was already underway in many sectors, including financial services. Now, as the success of the vaccination programme and drop in infection rates leads to a relaxing of lockdown regulations, retail and investment banks

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Bosch Security Systems | Assuring employee safety

Employee safety is a top priority in retail stores, bank branches, and similar applications. Using Bosch’s method of integrating the intrusion system’s panic buttons or bill trap sensors with the radio dispatch system, this can provide added security by alerting security personnel to high-risk situations. https://www.boschsecurity.com/gb/en/

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Reiknistofa bankanna

Genetec protects Iceland’s financial services backbone

Reiknistofa bankanna (RB), an IT service provider for Icelandic financial institutions, has recently overhauled its security infrastructure with Genetec Security Center. Following a project from systems integrator Hafnes Ehf, RB is now using Genetec to manage its cameras, access control and video analytics through a single interface. RB is a provider of mission-critical IT systems

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Bothwell Exchange installs Boon Edam turnstiles and revolving doors

Bothwell Exchange, a new construction commercial space in Glasgow, Scotland, has installed an array of Boon Edam’s Speedlane Slide optical turnstiles in the lobby and two TQA automatic revolving doors at the main entrance to control access. Bothwell Exchange is a 9-storey, 155,000 sq. ft. commercial building located at 122 Waterloo Street in Glasgow, Scotland’s

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Reserve Bank of New Zealand suffers data breach

A third-party file sharing service used by the Reserve Bank of New Zealand – Te Pūtea Matua to share and store some sensitive information, has been illegally accessed. Governor Adrian Orr stated that the breach has been contained, but that it would take time to determine the impact. “We are actively working with domestic and

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Idemia partners with Rocker to offer the first biometric card in Sweden

Idemia has signed a deal with Rocker to enhance contactless payment security for the blue-chip Swedish FinTech and bank challenger. The agreement will see Idemia’s F.CODE biometric payment cards undergo a proof of concept with Rocker customers during the first quarter of 2021. “As a bank challenger, we are constantly testing new technology to develop

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APRA releases new cybersecurity strategy

The Australian Prudential Regulation Authority (APRA) has released its Cyber Security Strategy for 2020 to 2024. The strategy seeks to lift cybersecurity standards further and introduce heightened accountability where companies fail to meet their legally binding requirements. Most notably, it also aims to extend APRA’s reach beyond its regulated entities to influence the broader eco-system

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ESET Research discovers Lazarus attack in South Korea

ESET researchers have discovered attempts to deploy Lazarus malware via a supply-chain attack (on less secure parts of the supply network) in South Korea. In order to deliver its malware, the attackers used an unusual supply-chain mechanism, abusing legitimate South Korean security software and digital certificates stolen from two different companies. The attack was made

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