Phishing, the practice of impersonating trusted people or representatives of trusted entities in an effort to fraudulently obtain valuable information (e.g. credit card details), has caused problems since the inception of the internet. Even the most tech-savvy individual can be fooled if they let their guard down. Compounding the problem, phishers keep tweaking their methods.

EURUSD Overview:

Watch the video for a summary of today’s news releases, a review of the USD Index, and complete Top Down Analysis of the EURUSD.

EURUSD Weekly:

Weekly support at 1.1704, resistance at 1.2243.

On the weekly chart we are seeing the formation of a double top pattern. Price has now had a two week decline after failing at the 1.2243 weekly resistance high.

Last week price closed on its low suggesting a continued decline this week.

Yen, Swiss Franc Slump; Aussie, Kiwi Up, Asians Dip  
 

In the global war against money laundering (ML), there can be no arguing that we’re currently fighting a losing battle. In April, British bank Natwest became the latest victim of the dark underworld of financial crime, joining a long list of global financial institutions that fell foul of money laundering.

This week, Contrast Security announced the release of ‘Contrast Scan’, the DevSecOps platform revolutionising static application security testing (SAST) with pipeline-native static analysis to analyse code and detect vulnerabilities early on in the software development life cycle (SDLC).

Scienaptic, a leading AI-powered credit decision platform provider, announced Pelican State Credit Union has chosen its platform to enable the financial institution to make faster credit decisions and support the financial goals of its members. 

Apex Litigation Finance are delighted to announce the appointment of two new Advisors to its team. Both bring with them an impressive track record in employing artificial intelligence technology in litigation funding.

The appointment of Jan Buza and Jozef Maruscak provides key support for Apex’s growth strategy, strengthening resources to meet a significant increase in case numbers.

nSure.ai, a predictive AI fraud protection company, focuses on the unique needs of digital goods retailers, announced a successful seed fundraising round of $6.8 million, led by DisruptiveAI, Phoenix Insurance, Kamet – an AXA backed venture builder, Moneta Seeds and private investors. 

Social media sites have evolved significantly in recent years, but the most recent and one of the most transformative changes has been the rise in social commerce, something which has transformed the online shopping space.