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Americans lost a total of $487.9m through fraud over the past 18 months in cases related to Covid-19, according to new data from the Federal Trade Commission.
A man from Texas has been charged under allegations of filing bank loan applications fraudulently seeking over $5m.
New research reveals that web application attacks increased by 800% between January and June in 2020, compared to the same period in 2019.
Fraud-fighting RegTechs and digital payment providers were among the 34 rounds raised by the FinTech industry last week, areas that are becoming more important during the pandemic.
The Financial Conduct Authority (FCA) has announced more ways to support borrowers affected by the pandemic.
The coronavirus pandemic has left many people's personal finances in tatters and now the Financial Conduct Authority (FCA) has proposed ways to protect at least some insurance clients from suffering further.
A Financial Conduct Authority executive has warned banks against becoming lenient in how they surveil employees during Covid-19.
Most boards are looking to invest more into their digital defences, according to research by Thycotic.
The top ten RegTech deals in the third quarter of the year raised $714.5m in aggregate.