Enzoic launches BIN monitoring solution to combat payment card fraud

By NS Banking Staff Writer

02 Nov 23

Alerts financial institutions to compromise before fraudulent activity occurs

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Bankjoy partners with Fraud.net to enhance fraud prevention capabilities

By NS Banking Staff Writer

25 Oct 23

Fraud.net will provide the banks and credit unions using Bankjoy’s digital banking platform, with behavioural analytics, consortium data,…

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Financial watchdog fines Equifax Ltd £11 million for role in one of the largest cyber security breaches in history

By NS Banking Staff Writer

16 Oct 23

The FCA has fined Equifax Ltd (Equifax) £11,164,400 for failing to manage and monitor the security of UK…

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JP Morgan to provide account validation services for US federal agencies

By NS Banking Staff Writer

28 Sep 23

JP Morgan will verify critical payment information for the federal government before payments are issued, using its advanced…

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CBA to launch police referral pilot in NSW to address technology-facilitated abuse

By NS Banking Staff Writer

07 Aug 23

CBA is working with the NSW Police to develop a new streamlined process that will allow CBA to…

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CommBank extends commitment to help end financial abuse

By NS Banking Staff Writer

28 Jul 23

Those who identify as Aboriginal or Torres Strait Islander (59 per cent) are four times as likely as…

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FINRA Fines Merrill Lynch $6 Million for Longstanding AML Program Failures

By NS Banking Staff Writer

12 Jul 23

FINRA regulates one critical part of the securities industry—brokerage firms doing business with the public in the United…

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NAB takes on financial abuse

By NS Banking Staff Writer

26 Jun 23

The move bolsters the bank’s existing commitment to stamp out financial abuse through the blocking of abusive messages…

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CBA to protect customers from scams related to cryptocurrency payments

By NS Banking Staff Writer

09 Jun 23

The bank will decline or hold certain payments to cryptocurrency exchanges for 24 hours and plans to introduce…

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Lucinity Unleashes a New Era of Productivity in Financial Crime Prevention

By NS Banking Staff Writer

07 Jun 23

Lucinity's Generative AI Copilot, Luci, transforms the way financial crime prevention professionals work, reducing investigation time from hours…

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