Tag: financial security

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UK to Increase Deposit Protection Limit to £110,000

Understanding the Impacts of Enhanced Financial Security for Deposit HoldersHighlights: The UK government is set to raise the Financial Services Compensation Scheme (FSCS) deposit...

Visa’s New Anti-Scam Unit Foils $350 Million in Fraud Attempts

How Visa's Innovative Approach is Changing the Game in Fraud PreventionHighlights: Visa's new anti-scam unit has successfully thwarted over $350 million in attempted fraud.The...

Lloyds Banking Group Unveils Groundbreaking AI-Powered Cybersecurity Patent

Innovative Technology Aims to Enhance Security Measures in Banking SectorHighlights: Lloyds Banking Group has patented a new AI-powered cybersecurity technology.The innovation is designed to...

Chase Limits Zelle Payments Linked to Social Media Fraud Risks

A New Policy to Combat Rising Fraudulent TransactionsHighlights: Chase is implementing new restrictions on Zelle payments to safeguard users from fraud.These changes are a...

Mastercard and Feedzai Form Strategic Pact to Combat Online Scams

Together Against Fraud: Uniting Technology and Expertise to Protect ConsumersHighlights: Mastercard partners with Feedzai to enhance fraud detection.The collaboration aims to protect consumers from...

Irish Fintech ZeroRisk Secures $4 Million Investment

Boosting Financial Security Innovations in the Fintech ArenaHighlights: ZeroRisk has successfully raised $4 million in funding to enhance its financial security solutions.The investment will...