Tag: Banking

Number of millennials falling victim to scams designed to trick people into handing over cash to fraudsters is rising more than any other age group, according to a study from Lloyds Bank.

TSB Bank has joined forces with Jumio, the identity-verification startup, to enable customers to access their bank accounts with a selfie. However, old people may not be keen to use it.

None of the tested bank APIs released by the 14 June deadline have met quality requirements of PSD2, according to new analysis by Tink.

The Reserve Bank of India (RBI) is establishing a working group to review regulatory and supervisory framework for core investment companies (CICs).

Estonian financial institution Tallinn Business Bank (TTB) will use open banking platform Token to meet PSD2 compliance in new partnership deal.

The People’s Bank of China (PBOC) is reportedly looking to improve its cross-border cooperation with countries around the world to combat money laundering.

The US’ three federal bank regulatory agencies have adopted a new ‘final rule’ to streamline regulatory reporting requirements for small institutions.

Computer vision developer AnyVision, whose recognition software is being used by businesses ranging from banks to sports stadiums, has secured a $74m Series A funding round.

Featurespace, a behavioural analytics platform for fraud and risk management, has partnered with retail banking company Permanent TSB.

The Hong Kong Monetary Authority (HKMA) is warning consumers to be wary of suspicious small transactions, following rise in fraud.