Security News

Hackers Target UK Fintech Company Finastra
2020-03-20 20:21

UK-based financial technology company Finastra is investigating a cybersecurity incident that may involve a piece of ransomware infecting some of its systems. Finastra has not shared any details about the attack.

Security Breach Disrupts Fintech Firm Finastra
2020-03-20 16:52

Finastra, a company that provides a range of technology solutions to banks worldwide, said today it was shutting down key systems in response to a security breach discovered this morning. Update, 5:21 p.m. ET: Finastra has acknowledged that it is battling ransomware.

Visa invests in VGS to accelerate fintech innovation while advancing data security
2020-01-17 01:30

Very Good Security, a leader in modern data security and custodianship, announced that it has received a strategic investment from Visa to expand access to VGS' infrastructure-as-a-service for financial technology companies and large enterprises. Visa joins other notable investors, including Goldman Sachs, Andreessen Horowitz, Vertex Ventures US, and Max Levchin, in advancing VGS' mission to provide a better approach to data security, privacy and compliance.

Mastercard’s new API based digital platform integrates fintech solutions and Mastercard capabilities
2019-05-15 23:00

Mastercard introduced the Mastercard Innovation Engine, an API based digital platform that enables issuers and merchants a simplified path to rapidly deploying digital capabilities and experiences...

Credit Union Sues Fintech Giant Fiserv Over Security Claims
2019-05-03 14:30

A Pennsylvania credit union is suing financial industry technology giant Fiserv, alleging that "baffling" security vulnerabilities in the company's software are "wreaking havoc" on its customers....

Established companies leveraging fintech capabilities for growth
2019-04-26 04:30

As new technologies and regulations bring new opportunities and challenges to the financial services industry, nearly two-thirds of established companies are leveraging fintech capabilities for...

Cardinal RAT Resurrected to Target FinTech Firms
2019-03-19 21:07

A long-quiet malware family has been spotted targeting financial technology firms, armed with new obfuscation techniques to avoid detection.

Fintech Security Firm nsKnox Raises $15 Million
2019-02-19 13:39

Fintech security firm nsKnox on Tuesday announced that it raised $15 million in a Series A funding round. The round was led by Microsoft’s M12 venture fund and Viola Ventures, with participation...

Fintech Apps: Consumer Privacy Concerns Remain High
2018-09-04 16:33

Nearly one-third of U.S. banking consumers use online and mobile fintech apps to help manage their money. But those users are concerned about data privacy and want more control over the financial...

Disruptive technologies in fintech to watch
2018-06-21 11:00

Juniper Research has revealed the top 10 technologies set to disrupt the fintech industry in 2018 and 2019. New research found a wealth of positive changes stemming from emerging technologies in...