Security - FinTecBuzz

PAObank, OneConnect Join HKMA AI Sandbox vs Deepfakes

October 15, 20257 min

PAO Bank Limited, a member of Ping An Insurance Company of China, Ltd., together with OneConnect Financial Technology Co., Ltd., an associate of Ping An, have been selected for the second cohort of the Hong Kong Monetary Authority’s (“HKMA”) Generative Artificial Intelligence Sandbox, in partnership with Hong Kong Cyberport Management Company Limited. Their joint “Anti-Fraud Strategy Platform” harnesses advanced AI to improve detection of deepfake fraud, strengthening risk management, sharpening fraud investigations, and enhancing customer...

by BusinessWire

Security

Resistant AI Raises $25M to Fight Financial Crime with AI

October 14, 20256 min

Resistant AI, the leading provider of native artificial intelligence models for financial crime and fraud prevention, today announced a $25 million Series B funding round. The round was led by DTCP, with strong participation from existing investors, including Experian, GV, and Notion Capital who are doubling down on their investment. The company, which was breakeven in September, will use the capital to solidify its position as a profitable EU AI champion by expanding its document...

by BusinessWire

Security

99% of CFOs Report Cyber Incidents, Boosting Fintech Spend

October 9, 20256 min

New research commissioned by global S&P500 corporate payments company, Corpay, finds that 99% of UK finance leaders surveyed have experienced payments-related cyber incidents in the past two years, exposing the fragility of legacy systems and an urgent need for change. With finance functions now a frontline target, the research saw ‘cybersecurity threats’ attract the largest percentage of responses (42%) from surveyed CFOs when asked what operational risk they were most concerned about over the next...

by BusinessWire

Security

Ant International Launches AI SHIELD to Boost Financial AI Security

September 26, 20256 min

AI SHIELD reduces risk of AI service vulnerabilities such as unauthorized access and data leakage by 90% through advanced assessment methods and running safeguards

by BusinessWire

Security

PCI Pal Appoints New Chief Information Security Officer

September 25, 20254 min

PCI Pal, the global provider of secure payment solutions, today announces that Royston Ballard has joined the company as Chief Information Security Officer (CISO). Following a transition period, Royston succeeds PCI Pal’s long-serving previous CISO, Geoff Forsyth, who is retiring after a highly successful career in technology, CX, and information security. With more than 20 years of cybersecurity experience, including over a decade in senior leadership, Royston Ballard brings a wealth of expertise in building...

by BusinessWire

Security

Ant International, E-Wallets Launch Payment Safety Alliance

September 12, 20259 min

Digital Wallet Guardian Partnership focuses on AI-powered risk solutions, best practices Wallet partners set to adopt Alipay+ EasySafePay 360 solution designed to cut account takeover risk by 90% Payment leaders in Asia are initiating the Digital Wallet Guardian Partnership, designed to further strengthen the protection of global wallet payments, as digital wallets rapidly become the preferred choice for everyday transactions among consumers in Asia and around the world. Ant International, a leading global digital payment,...

by BusinessWire

Security

MoMo Partners with iProov to Boost Biometric Security

September 10, 20255 min

MoMo Becomes iProov’s First Partner in Vietnam, Deploying Dynamic Liveness to Protect Users Against AI-Driven Fraud and Build Digital Trust

by ParaScript

Security

ParaScript Launches Embedded Signature Verification for Checks

September 9, 20254 min

U.S. Patent Granted for Innovative Check Security Solution

by BusinessWire

Security

Q2’s AI-Driven Payee Match Detects 3x More Fraud

September 5, 20255 min

Launched in 2024, AI fraud technology enhancement sees a year of proven success for Q2 customers

by PRNewswire

Security

KuCoin Launches “Anti-Phishing Month” to Boost User Security

August 26, 20255 min

KuCoin, a global leading cryptocurrency exchange, announced the official launch of its “Anti-Phishing Month” campaign. The initiative integrates user education, positive incentives, and technical defenses to build a platform-level proactive security framework and enhance user awareness in identifying and preventing phishing scams. In recent years, phishing attacks have surged, particularly targeting fintech platforms. According to the Anti-Phishing Working Group (APWG), global phishing incidents surpassed 1 million in Q1 2025, with payment and financial platforms accounting for over 30% of the attacks. SMS and email phishing are...

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