Half of US and UK finance professionals hit by deepfake fraud scams

Half of finance professionals (53%) have been attacked with deepfake scamming attempts, with 43% admitting they have fallen victim to an attack according to new data from Medius, a leading provider of cloud-based accounts payable automation and spend management solutions. 85% of respondents say deepfake technology poses an existential crisis to the business’ financial security. Ahmed Fessi, Chief Transformation & Information Officer, explains: “Today’s CEOs and CFOs have large digital footprints. They have speeches, interviews...

Regional Management Corp. Completes $187M Asset-Backed Securitization

Regional Management Corp., a diversified consumer finance company, announced that it has completed a $187.3 million asset-backed securitization, marking its tenth successful securitization. The Regional Management Issuance Trust 2024-1 (RMIT 2024-1) notes were issued at a weighted-average coupon of 6.19% (a 132 bps improvement over the prior RMIT 2022-2B issued notes), secured by $215.7 million of receivables, with a 3-year revolving period. The Class A notes of the securitization received a top rating of “AAA”...

Fingerprints and WiBioCard Partner for Smart Card Solutions

Fingerprint Cards AB (Fingerprints™) and WiBioCard, an Italy-based smart card integrator specializing in web access authentication, verification and physical and logical access control have partnered to offer innovative smart card solutions for the global access market. WiBioCard has built a portfolio of different smart card products targeting large enterprises globally, integrating Fingerprints biometric technology. The products support secure authentication and verification, access and health care use cases. The smart cards also support password and PIN-free...

Reltime Launches Decentralized Securities Exchange

Reltime is pleased to announce the launch of its Decentralised Exchange (DEX) platform, setting a new standard for trading Securities, Utility tokens, Digital FIAT, and Central Bank Digital Currencies (CBDCs). This revolutionary platform, built on Reltime’s Layer-1 Proof of Authority Blockchain, offers lightning-fast transaction times under 2 seconds and connects with nine top non-custodial wallets in the industry, ensuring unparalleled liquidity and trading efficiency. The platform enables our enterprise customers to build their own customized...

Fuel and Immunefi Launch $1.3M Attackathon, Web3’s Largest Security Audit

Fuel, the operating system purpose-built for Ethereum rollups, today announced its strategic partnership with Immunefi, the leading crowdsourced security platform for web3 protecting over $60 billion in assets. The alliance will launch the largest-ever Attackathon, featuring a rewards pool totaling $1.3 million. This comprises a $1 million prize for the Attackathon and a dedicated $300,000 program for the top 4 ecosystem decentralized applications (dApps). Attackathon is a curated crowdsourced security audit conducted by elite security researchers...

Virtu Financial Announces Investor Meetings for Potential Offering of Secured Notes

Virtu Financial Inc. announced that it intends to hold one or more meetings with potential investors with respect to a potential opportunistic offering of senior secured first lien notes (the “notes”) in a transaction exempt from the registration requirements under the Securities Act of 1933 (the “Offering”), the proceeds of which are expected to be used to repay a portion of the outstanding borrowings under its senior secured first lien term loan facility due 2029....

Allot Appoints Liat Nahum as New Chief Financial Officer

Allot Ltd., a leading global provider of innovative network intelligence and security solutions for service providers and enterprises worldwide, announced the appointment of Mrs. Liat Nahum as the new Chief Financial Officer of the Company. Nahum, who will join Allot on July 1st, 2024, brings with her significant financial and international management experience from leadership roles at publicly listed technology companies. “I am happy to welcome Liat to our executive team. She will partner with...

Bybit Boosts Security on its Peer-to-Peer Market with Verified Advertisers

Bybit, one of the world’s top three crypto exchanges by volume, has announced new exclusive benefits for Verified Advertisers on its Peer-to-Peer (P2P) trading platform. These enhanced privileges will bolster the trading experience, providing advantages for users trading in the platform’s trusted P2P marketplace. Key Features and Benefits for Verified P2P Advertisers: Increased Visibility and Trading Limits: Verified Advertisers can enjoy higher trading limits, with the ability to post significantly larger amounts of USDT, BTC, and...

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