Industry News

Mastercard to Acquire Finicity to Advance Open Banking Strategy

Mastercard (NYSE: MA) today announced it has entered into an agreement to acquire Finicity, a leading North American provider of real-time access to financial data and insights. The purchase price is US$825 million, and Finicity’s existing shareholders have the potential for an earn-out of up to an additional $160 million, if performance targets are met.

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Open Letter to the FCA from the Emerging Payments Association

The Emerging Payments Association (EPA) and its members strongly urge the FCA to unfreeze Wirecard Card Services accounts, or facilitate a solution to enable safe access to e-money by e-money holders affected, as soon as it can, for the sake of cardholders, companies and their employees, and the UK fintech industry. Without this freezing being removed rapidly, we believe there will be significant and lasting damage to individuals, companies and the UK’s current and future prospects as leaders in fintech.

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Analyzing the World’s Top 3 cybercrime countries

When we’re on the subject of malware and cyber attacks, we usually focus our attention on cybercrime as a totally unknown, uniform entity. Nevertheless, cybersecurity specialists, such as buguroo’s team, are always mindful not only of the codes used to develop computer viruses, but also of the processes adopted to implement campaigns and the targets they were aimed at. It is these three elements that provide a lot of clues as to who may be behind them.

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How to prevent New Account Fraud?

New account fraud, also known as Account Opening Fraud or Online Account Origination Fraud, is when fraudsters use stolen or synthetic identities to open new bank accounts, with a view to maxing out their credit limits before disappearing into thin air, usually within 90 days.

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fscom April News and Update

Blogs Is your zoom video conference as private as you think? https://blog.fscom.co.uk/is-your-zoom-video-conference-as-private-as-you-think In this blog, fscom’s Simon Whittaker discusses the cybersecurity challenges we may be

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