Security

UBS Leverages iProov’s Face Verification Technology for Bank Account Opening

UBS has partnered with London-based identity verification company iProov to offer automated identity verification during the account opening process. UBS launched the UBS key4 banking app earlier in the year to enable clients to carry out their banking transactions entirely

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CYBERA Raises Additional US$5M to Disrupt Financial Cybercrime

CYBERA Global Inc. has secured an additional US$5 million in what it says was an oversubscribed equity round led by Converge VC and New North Ventures. Founder Collective, Swiss venture capital firms Serpentine Ventures and CV VC, as well as

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Financial Crimes in the Metaverse

Business executives are bullish on the prospect of the metaverse, predicting sizeable commercial opportunities in taking part in immersive virtual environments. But despite the high level of interest, industry stakeholders are also growing increasingly concerned over the possible risks brought

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Hackers Tap Cross-Chain Bridges Vulnerabilities; Whopping US$2B Worth of Crypto Stolen

Hackers and cybercriminals are exploiting vulnerabilities found in cross-chain bridge protocols to siphon billions of dollars worth of cryptocurrencies out of wallets and smart contracts, a new report by blockchain analytics firm Chainalysis claims. A total of 13 separate cross-chain

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OneSpan’s Mobile Security Solution Snags the 2022 SC Award

Digital agreements security company OneSpan announced its Mobile Security Suite (MSS) has earned the coveted title of “Best Mobile Security Solution” for the 2022 SC Awards. Held by the CyberRisk Alliance and its flagship brand SC Media, the SC Awards

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Digital Security: Checking the Security of a Website Connection

The constantly advancing digitalisation has inevitably led to a situation where life without the daily use of the internet is almost unimaginable. People not only get information online, but also shop, play games and carry out many transactions. Accordingly, digital

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SEON Partners With Provenir to Improve Fraud Detection Solutions

Fraud prevention platform SEON announced a new partnership with credit risk specialist Provenir to help organisations build better fraud prevention solutions. Through this partnership, Provenir provides an AI-powered decisioning platform that can assess risk in areas like identity, credit, and

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Austria’s Qenta Taps Netcetera to Secure Cashless Payments in the Region

Netcetera, a Swiss software company that provides secure digital payments, announced that it will be collaborating with Austrian payments services provider Qenta Payment CEE. Through this partnership, Netcetera will be a reliable expert provider and enabling its secure 3DS technology

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LexisNexis Risk Solutions Acquires Behavioral Biometric Tech Provider BehavioSec

LexisNexis Risk Solutions, which is a part of RELX, has announced the acquisition of BehavioSec, an advanced behavioral biometrics technology provider. Founded in Sweden in 2008 with a presence in the U.S., Canada and EMEA, BehavioSec provides a highly predictive

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Using E-Signatures to Ensure Business Continuity in an Increasingly Digital World

The COVID-19 pandemic has accelerated the trend towards digitisation. Suddenly, government agencies, organisations, and businesses of every industry have been thrust into a world of remote processes, and the need for technology that enables business continuity has never been higher.

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