Visa to acquire token services and ticketing business of Rambus
Visa has agreed to acquire the token services and ticketing business of US-based silicon IP and chip provider…
A selfie can now be used to open NatWest bank accounts
Working with UK fintech HooYu, the bank has made it possible for new customers to open a current…
Visa prevents around £19.8bn in fraud using artificial intelligence
Visa has announced new analysis showing Visa Advanced Authorization (VAA) using artificial intelligence (AI) helped financial institutions prevent…
MAS, UK financial authorities collaborate on cyber security
The Monetary Authority of Singapore (MAS), the Bank of England and UK’s Financial Conduct Authority (FCA) have joined…
ABN AMRO acquires stake in Israeli analytics firm ThetaRay
ABN AMRO Digital Impact Fund, a corporate venture fund investing in digitalisation of financial products and services, has…
Barclays boss warns banks ‘can’t afford’ to get AI strategy wrong
Speaking at London Tech Week, Barclays UK CEO Ashok Vaswani said AI has the potential to bring banks…
TSB launches fraud refund guarantee to protect customers from online scam losses
With £1.2bn having been lost to bank fraud in 2018, TSB has launched a new scheme to safeguard…
Nordic Capital acquires digital identity developer Signicat
Nordic Capital Fund IX (Nordic Capital) has acquired digital identity and signature solutions provider Signicat for an undisclosed…
Standard Chartered slapped with $1.1bn fine by US and UK financial regulators
The penalties settle investigations into the bank regarding its compliance with US sanctions against countries including Iran, as…
UK Finance report reveals banking industry avoids £1.66bn fraud in 2018
A latest report from the UK Finance has revealed that the finance industry has blocked £1.66bn of unauthorized…
