Using facial recognition for second-factor authentication – Electronic IDentification

Second-Factor Authentication (2FA) has been implemented across Europe under the PSD2 regulation and is helping protect consumers with online fraud. In a new case study, Electronic IDentification has explored the technology.

Singapore’s government tap iProov to provide facial recognition technology

Singaporeans can now access online digital government servicesusing facial verification implemented by iProov and and Toppan Ecquaria.

TrueLayer bags $25m in Series C round

Open banking company TrueLayer has added another $25m to its coffers by tapping its existing investors for another cash injection.

Swedish Financial Supervisory Authority penalises SEB with $112m fine for AML failings

The Swedish Financial Supervisory Authority (SFSA) has given Nordic bank SEB with a SEK1bn ($112m) administrative fine after failings in its anti-money laundering efforts.

Swedbank is being investigated by the Swedish Financial Supervisory Authority for suspected compliance breaches

The Swedish Financial Supervisory Authority (SFSA) has initiated an investigation into Swedbank for suspected breaches of market abuse.

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