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Wednesday, May 14th, 2025
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March 7, 2025

Lloyds Banking Group Develops AI-Driven Cybersecurity Technology Patent

Lloyds Banking Group Develops AI-Driven Cybersecurity Technology Patent
Lloyds Banking Group has secured a patent for its Global Collaborations Engine (GCE), an innovative system that employs intelligent algorithms to accurately identify cyberthreats while...
FintechDaily Staff
March 7, 2025

PSR to Act Against Card Schemes Following 25% Fee Increase

PSR to Act Against Card Schemes Following 25% Fee Increase
The UK's Payment Systems Regulator (PSR) is taking action against Mastercard and Visa following significant increases in card fees by the two companies. The regulator's...
FintechDaily Staff
March 7, 2025

Savings Accounts Experience Significant Increase in Mule-Related Activity

Savings Accounts Experience Significant Increase in Mule-Related Activity
Money launderers and their accomplices are increasingly moving from current accounts to savings accounts in an effort to circumvent stringent bank checks imposed by APP...
FintechDaily Staff
March 7, 2025

Markets Unfazed by Trump’s Proposal for Bitcoin Reserves

Markets Unfazed by Trump’s Proposal for Bitcoin Reserves
Bitcoin's price saw a decline on Thursday, dropping approximately five percent to $85,000, before making a recovery overnight. This was in response to President Donald...
FintechDaily Staff
March 7, 2025

FS-ISAC Provides Guidance on Quantum Computing Risks for the Payment Card Industry

FS-ISAC Provides Guidance on Quantum Computing Risks for the Payment Card Industry
With the advancement of quantum computing, the Financial Services Information Sharing and Analysis Center (FS-ISAC) has released guidance to help the payment card industry address...
FintechDaily Staff
March 7, 2025

87% Experienced AI-Powered Cyberattacks in 2024

87% Experienced AI-Powered Cyberattacks in 2024
SoSafe’s report delves into the global tension between AI adoption and the resulting security risks, reflecting the insights of 500 security professionals and 100 SoSafe...
FintechDaily Staff
March 7, 2025

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