Security

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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Signicat Acquires UK-Based Anti-Fraud and Identity Technology Company Sphonic

Norway’s Signicat, a leading European providers of digital identity and electronic signature solutions, is acquiring all shares in the UK-headquartered anti-fraud company Sphonic for an undisclosed sum. Existing management shareholders will reinvest a substantial part of the consideration into Signicat.

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Bank South Pacific Picks Netcetera to Secure Its Digital Payments

Netcetera, a Swiss software company that provides secure digital payments, announced that it has formed a partnership with Platform Pacific (Platformpac), a homegrown fintech subsidiary of Bank South Pacific Financial Group Limited (BSPFGL). The 3-D Secure solution by Netcetera provides

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Why We Should Eliminate Passwords as Passwordless Authentication Is the Future

The computer password has been around for more than 6 decades. The first password can be traced back to 1961 in Massachusetts when a computer at MIT was protected with a password for secure login. Incidentally, MIT’s time-sharing system was

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Top Three Digital Fraud Prevention Trends for 2022

2021 was another memorable year. Organisations that built remote processes in response to the pandemic have spent the past year optimising and strengthening their systems to ensure a positive and secure customer experience. However, with identity theft, payment fraud, phishing,

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European Financial Services Providers, Banks Embrace Biometric Authentication

In Europe, financial services companies and banks are embracing biometrics, actively partnering with tech vendors and software developers to improve digital onboarding experiences, strengthen compliance functions, and enhance fraud prevention. Biometric authentication techniques, which use a person’s unique biological characteristics

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Biometric Startup iProov Announces $70M Investment

iProov, a leader in online biometric face authentication announced a $70 million (USD) growth investment from Sumeru Equity Partners. Headquartered in Silicon Valley, Sumeru invests in technology firms with the potential to change the world, with a particular emphasis on

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Acronis Appoints New Chief Marketing Officer

Acronis, a global leader in cyber protection, announced the appointment of Michael Callahan as its new Chief Marketing Officer. Callahan joins the team with extensive sales and marketing experience, serving in senior leadership roles at companies such as McAfee, HP,

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How Can Financial Institutions Put a Stop to Account Takeover Attacks

Financial Institutions (FI’s) can detect and prevent account takeover attacks using continuous monitoring and adaptive multi-factor authentication. Account takeover (ATO) fraud is one of the top causes of fraud losses for banks and financial institutions. An account takeover occurs when

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