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Regulatory challenges and cybersecurity solutions: DORA, NIS2, and the EU AI Act – Cyberevolution insights part 2

Voice of the Industry | Digital Identity, Security & Online Fraud | 20 Dec 2024

We continue our coverage of the Cyberevolution event, diving into key regulatory challenges such as DORA, NIS2, and the EU’s AI Act, while exploring innovative solutions like Security 3.0, Cyberfantastic, and the Identity Fabric.

decentralized identity, digital identity, DORA, EU AI Act, NIS2, data privacy, cybersecurity, compliance

AI, digital identity, and Web3: key insights from Banking 4.0

Voice of the Industry | Payments General | 12 Dec 2024

Mirela Ciobanu, Lead Editor at The Paypers, delves into key themes from Banking 4.0, including AI's transformative role in finance, the risks of data manipulation in digital identities, and the growing impact of Web3, stablecoins, and CBDCs.

artificial intelligence, banks, web3, blockchain, stablecoin, digital identity, data privacy, cross-border payments, digital banking

EU Council agrees on FIDA framework

News | Online & Mobile Banking | 05 Dec 2024

The Council of the European Union has reached an agreement on the proposed Financial Data Access (FIDA) framework.

regulation, data protection, data privacy, financial institutions

Privately SA and Privado ID partner for privacy-first age verification

News | Digital Identity, Security & Online Fraud | 14 Nov 2024

SafetyTech company Privately SA has partnered with Privado ID to develop a privacy-focused, device-based age verification solution.

partnership, product launch, identity verification, data privacy

New CFPB rule on consumer data: Open Banking in the US

Interviews | Online & Mobile Banking | 29 Oct 2024

Steve Boms, Founder and President of Allon Advocacy, shares key insights on the CFPB's new rule, which strengthens data privacy, expands Open Banking, and reshapes bank-fintech ties.

Open Banking, data privacy, data sharing, fintech, banks, regulation

eIDAS2: compliance requirements or growth opportunities? (Part 2)

Voice of the Industry | Digital Identity, Security & Online Fraud | 01 Nov 2024

Digital identity expert Jamie Smith continues his journey to unlock hidden customer potential with eIDAS2, exploring what it could mean for businesses and how they can respond.

digital wallet, digital identity, identity verification, UX, eIDAS2, data, data privacy, online security

The Bank Policy Institute and Kentucky Bankers Association sue CFPB

News | Digital Identity, Security & Online Fraud | 24 Oct 2024

The Bank Policy Institute and Kentucky Bankers Association have filled a lawsuit against CFPB for jeopardising customers’ privacy and account security with its new rule. 

fraud prevention, fraud management, fraud detection, Account fraud, data privacy

Chainlink introduces CCIP Private Transactions

News | Cryptocurrencies | 23 Oct 2024

Chainlink has unveiled a new privacy-focused feature named CCIP Private Transactions, which leverages the Chainlink Blockchain Privacy Manager.

cryptocurrency, blockchain, data privacy, data protection

Telefónica Tech joins Privado ID to advance secure digital identity

News | Digital Identity, Security & Online Fraud | 12 Sep 2024

Spain-based Telefónica Tech, the digital business unit of telecom unit Telefónica Group, has joined Privado ID to pioneer eIDAS2-compliant digital identity solutions.

digital identity, EIDAS, identity verification, data privacy, compliance

Australian government revises Consumer Data Right framework

News | Digital Identity, Security & Online Fraud | 13 Aug 2024

The Australian Government has initiated a significant revision of the Consumer Data Right programme, citing high implementation costs as a key barrier to its widespread adoption.

data protection, data privacy, digital identity, regulation

Meta to pay USD 1.4 bln to settle facial recognition data lawsuit

News | Digital Identity, Security & Online Fraud | 01 Aug 2024

Meta has agreed to a USD 1.4 billion settlement with Texas to resolve a lawsuit alleging that it illegally used facial-recognition technology to collect biometric data from Texans without consent. 

Meta, data privacy, biometrics, facial recognition, settlement

Leveraging Generative AI in fraud and financial crime investigations: efficiency, accuracy, and compliance

Voice of the Industry | Digital Identity, Security & Online Fraud | 09 Jul 2024

In the fast-evolving world of financial crime and compliance, Glenn Fratangelo from NICE Actimize agrees that Generative AI (GenAI) is becoming a game-changer.

artificial intelligence, AML, compliance, risk management, data privacy, banks

TMNL adapts its operations to the AMLR

News | Digital Identity, Security & Online Fraud | 08 Jul 2024

Transaction Monitoring Netherlands (TMNL) has welcomed and adapted its business model and operations according to the EU's new Anti-Money Laundering Regulations (AMLR).

money laundering, CFT, banks, AML, data privacy, online security

BVNK launches Layer1 infrastructure for stablecoin payments

News | Cryptocurrencies | 28 Jun 2024

UK-based BVNK has rolled out Layer1, a self-hosted digital infrastructure for businesses to launch stablecoin payments, with full control and privacy over assets.

stablecoin, digital assets, data privacy, digital payments, digital wallet

The EU AI Act: a comprehensive overview and its far-reaching implications

Voice of the Industry | Payments General | 28 Jun 2024

To understand what the EU AI Act means and to prepare for the upcoming regulation, Olivier Proust, Partner at Fieldfisher, provides a comprehensive overview and discusses its far-reaching implications.

artificial intelligence, compliance, data, data privacy, risk scoring, data governance, risk management

DZ BANK to leverage Surecomp's RIVO platform

News | Online & Mobile Banking | 19 Jun 2024

Global provider of trade finance solutions Surecomp has announced that its RIVO platform was selected by DZ BANK to improve its digital customer service capabilities. 

partnership, trade finance, customer experience, supply chain finance, GDPR, data privacy

smartKYC secures ISO27001 certification

News | Digital Identity, Security & Online Fraud | 18 Jun 2024

UK-based Know Your Customer (KYC) due diligence automation platform smartKYC has announced that it secured ISO 27001 certification for information security. 

ISO, certification, online security, cybersecurity, KYC, data protection, data privacy

Fingerprints and Wibiocard partner for smart card solutions

News | Digital Identity, Security & Online Fraud | 17 Jun 2024

Fingerprint and WiBioCard have partnered to offer innovative smart card solutions for the global access market. 

online security, biometrics, biometric authentication, identity verification, partnership, data privacy

EBANX secures ISO/IEC 27701:2019 certification

News | Online & Mobile Banking | 14 Jun 2024

Brazil-based fintech company EBANX has announced that it secured ISO/IEC 27701:2019 accreditation, the international certification for Privacy Information Management Systems (PIMS).

ISO, fintech, online security, data protection, data privacy, financial data

Verification of payee service to reduce fraud and build trust in payments

Voice of the Industry | Digital Identity, Security & Online Fraud | 10 Jun 2024

Henrik Hodam, Senior Product Manager at Worldline, shares his insights on the potential and challenges of the new verification of payee functionality.


APP fraud, fraud detection, fraud management, online fraud, fraud prevention, identity fraud, Open Banking, online payments, digital identity, payments , IBAN, KYC, identity verification, banks, real-time payments, Confirmation of Payee, data protection, data privacy