Mangopay has clinched the prestigious Fraud & ID Verification Award at the 2024 Global FinTech Awards, reflecting its groundbreaking advancements in the field of financial technology. This accolade underscores Mangopay's commitment to combating online fraud and enhancing identity
The U.S. Securities and Exchange Commission (SEC) recently took enforcement action against four major companies—Unisys Corp., Avaya Holdings Corp., Check Point Software Technologies Ltd, and Mimecast Limited—for allegedly misleading investors about the severity of cybersecurity breaches they exp
Investment firms are facing increasing regulatory scrutiny to ensure they deliver Best Execution for their clients. Originating from the European Securities and Markets Authority (ESMA) under the MiFID I regulations in 2007 and expanded upon by MiFID II, Best Execution mandates firms to achieve the
The Consumer Financial Protection Bureau (CFPB) has recently introduced a rule requiring financial institutions to share consumer data with third parties upon consumer request, a move that has triggered immediate backlash from the banking industry. This legal friction has culminated in a lawsuit
Tookitaki, a prominent player in the fintech space, recently celebrated its decade-long journey by securing a strategic investment from the True Global Ventures (TGV) Opportunity Fund. This significant funding comes at a crucial juncture, aiming to propel Tookitaki's expansion and innovation,
The New York State Department of Financial Services (DFS) has recently introduced new guidelines to strengthen cybersecurity measures against threats associated with artificial intelligence (AI). Superintendent Adrienne A. Harris emphasizes the dual nature of AI in cybersecurity, highlighting its
