G7 calls on Russia to take firmer action on cybercrime attacks
The G7 has called on Russia to take stronger action on ransomware attacks and cybercrime that has occurred within their borders.
HKMA launches strategy for bolstering Hong Kong FinTech market
The Hong Kong Monetary Authority (HKMA) has unveiled a new strategy for driving FinTech development in Hong Kong.
US Department of Justice recovers most of Colonial Pipeline ransom payment
The US Department of Justice (D.O.J) has revealed it has recovered the majority of the $4.4m ransom payment paid by Colonial Pipeline to the DarkSide ransomware variant.
Austreme secures patent for card testing fraud detection technology
Hong Kong-based forensic RegTech company Austreme has received approval for a patent for its e-commerce card testing fraud detection system.
FCA warns cryptocurrency companies are failing to meet UK AML requirement
The Financial Conduct Authority (FCA) has said a ‘significantly high’ amount of cryptocurrency firms are not meeting UK requirements on money laundering prevention.
SteelEye unveils communications suite to support FinTech compliance
UK RegTech firm SteelEye has launched a suite of communication compliance tools to help financial companies access record-keeping and oversight tools.
Veriff unveils new AML product to aid regulatory compliance
Estonian identity verification firm Veriff has launched its new Anti Money Laundering (AML) compliance to aid companies in complying with AML regulations.
Signicat acquires Encap Security to integrate mobile identity, authentication
Norwegian digital identity specialist Signicat has bought customer authentication compatriot Encap Security for an undisclosed fee.
HSBC UK introduces fraud awareness app to bolster business safety
HSBC UK has launched a fraud awareness app to provide companies with news on emerging scams in real-time as well as tips and advice.
Cybercriminal forum offers $100k prize for stealing cryptocurrency assets
A Russian-speaking cybercriminal forum has hosted a contest for cybercriminals to provide methods for targeting cryptocurrency-related technology.
