security - FinTecBuzz

Red Teaming Platform for LLM in Global 100 AI Fintech List 2024

July 5, 20244 min

Adversa AI is thrilled to announce its continuous AI Red Teaming solution inclusion in the renowned AI Fintech Global list for 2024. This honor highlights the world’s most innovative companies developing cutting-edge AI technologies in financial services, showcasing Adversa AI’s pivotal role in the AI and GenAI Security industry. The recognition underscores Adversa AI’s flagship product, Continuous Red Teaming for Generative AI (GenAI), which is revolutionizing the financial sector’s approach to security and resilience. As financial institutions worldwide rush...

by GlobeNewswire

Security

CertiK Releases Hack3d: The Web3 Security Report for Q2 and H1 2024

July 5, 20243 min

CertiK, the industry leader in blockchain security, announced the release of its latest publication. Hack3d: The Web3 Security Report for Q2 and H1 2024 reports on the state of onchain security over the eventful second quarter and the first half of the year. Hack3d reports are the most detailed and authoritative security reports in the industry, providing the Web3 community with the most comprehensive statistics on onchain hacks, scams, and exploits. In Q2 2024, $688...

by PRNewswire

Security

Aave’s GHO Stablecoin Now Live on Arbitrum Powered by Chainlink CCIP

July 3, 20247 min

Following community discussions and voting, the Aave DAO has launched GHO on the Arbitrum network – the DAO’s first new market in its phased GHO cross-chain expansion strategy. GHO, the multi-collateralized stablecoin native to the Aave Protocol, will utilize the industry standard Chainlink Cross-Chain Interoperability Protocol (CCIP) and rollout progressively, beginning with Arbitrum as the first network and expanding over time to other networks. The expanded availability of GHO beyond Ethereum mainnet aims to increase accessibility, lower transaction costs, enhance the user experience, and...

by BusinessWire

Security

Charlie announced the launch of SpeedBump

June 25, 20247 min

SpeedBump Is Introduced at the Exact Moments Customers Are Most Vulnerable to Fraud; Ensures They Are Maximally Educated About Their Money’s Movements & Empowered to Make Informed Decisions Research Shows When People Have Knowledge About a Scam, They Are 80% Less Likely To Engage With It

by PRNewswire

Security

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

June 20, 20245 min

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...

by GlobeNewswire

Security

Fintech360 partners with FUGU to Elevate Fintech Security Measures

June 19, 20247 min

With Digital Fraud on the Rise, Top Fintech Providers Step Up to Ensure Client Security

by BusinessWire

Platforms

MDT & Persona to Empower Credit Unions to Better Fight Fraud

June 18, 20243 min

Partnership helps credit unions strengthen identity verification and reduce account opening fraud

by FTB News Desk

In-House Features

Demystifying Payment Facilitation Solutions in 2024

June 17, 20248 min

Explore the latest trends in payment facilitation solutions for 2024. Learn how businesses can optimize transactions efficiently.

by BusinessWire

Security

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

June 14, 20243 min

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”...

by GlobeNewswire

Security

Fingerprints and WiBioCard Partner for Smart Card Solutions

June 14, 20243 min

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...

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