The integration of advanced financial technologies, commonly known as fintech, is revolutionizing the financial industry at an unprecedented pace. As fintech solutions evolve to offer enhanced convenience, speed, and accessibility to consumers and businesses, they simultaneously become a prime
The growing landscape of cybersecurity threats in the software industry has made robust and proactive security solutions indispensable. A recent key player in this space, Socket, has received a significant boost with $40 million in Series B funding. This article delves into how this injection of
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
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
The fintech industry is a burgeoning sector that offers boundless innovation opportunities while simultaneously bringing forth significant regulatory challenges. Fintech companies must strike a delicate balance between pushing the boundaries of financial technology and adhering to stringent
