February 2025 – Page 22

SAP Teams Up with IBM Cloud for Financial Services.

German software giant SAP is onboarding two of its finance and data management solutions to IBM Cloud for Financial Services. IBM has been actively promoting...

Feedzai Enhances Its Capabilities with the Acquisition of Revelock, Introducing Behavioral Biometrics

Feedzai has recently acquired behavioural biometric platform Revelock following a $200 million funding round earlier this year, aiming to enhance transaction protection as online shopping...

Morgan Stanley penalizes bankers for violations related to messaging practices.

Morgan Stanley has imposed millions of dollars in fines on its bankers for conducting business via WhatsApp, violating regulatory restrictions on the use of this...

Woman Put on Hold for Seven Hours by HSBC While Attempting to Report Fraud

Julie, a resident of Devon, experienced a devastating loss of £3,900 when fraudsters impersonated her bank. In an effort to report the incident to HSBC,...

Australia’s eftpos Enhances Security for Online Payments

Australia's eftpos Group has taken steps to enhance the security of online payments in the nation by entering into a fraud scoring partnership and obtaining...

Global Fintech Investments Surge to $98 Billion in the First Half of the Year

Global investment in fintech saw a significant resurgence in the first half of 2021, reaching $98 billion, with an unprecedented number of deals, according to...

NYSE Trading Turmoil Triggered by Inactive Backup System

On Tuesday, the New York Stock Exchange experienced significant price fluctuations and trading halts due to a failure by a staff member at a data...

Polynetwork Reports Return of Some $610M Hack Funds Following Twitter Appeal

Polynetwork, a platform designed to connect blockchains, reports that its public appeal on Twitter to hackers to return the $610 million in stolen cryptocurrency has...

Moody’s Develops Scoring System for Stablecoins

Moody's is developing a scoring system for up to 20 stablecoins, as reported by Bloomberg. The proposed system will analyze the coins based on the...

Hacker Responsible for $610M Crypto Heist Eligible for Reward After Returning Assets

After nearly returning the entire $610 million in cryptocurrency stolen earlier this week, a hacker has been offered a $500,000 "bug bounty" by Poly Network....