A new report from cyber security provider F-Secure finds a steady barrage of major data breaches have left a vast majority of consumers worried about the online crimes that lead to identity theft and account takeovers.

The report, Is ID theft the cyber crime we fear most? A look at consumer views on identity theft and cyber crime, includes findings from a consumer survey of nine countries, such as:*

 Mastercard today is pleased to announce that it has received in-principle approval from the People’s Bank of China (PBOC) to begin formal preparations to set up a domestic bankcard clearing institution in China.

The application was submitted by Mastercard NUCC Information Technology (Beijing) Co., Ltd, a joint venture of Mastercard and NetsUnion Clearing Corporation (NUCC).

Salt Edge announces its most significant landmark so far – integrating with 1000+ open banking APIs so that businesses could develop smarter and better services for end-users.

Klarna, the leading global payments and shopping provider, is proud to announce the launch of its ‘Consumer Council’. The global initiative sees Klarna invite consumers to a meet-up and share their thoughts on different themes related to their experiences using Klarna. The meet-ups will take place in all main markets, three times per year. 

This is yet another step demonstrating Klarna’s commitment to get even closer to consumers and to understand what it takes to fulfil Klarna’s mission to provide the smooothest and smartest experience when shopping and paying. 

Your digital identity is probably the only thing you can bank on in the increasingly sparse personal space rendered by technology. And, if you’ve noticed, the gap between this virtual presence and your physical self is quickly narrowing.

Spread of online banking and e-commerce is giving neck to neck competition to traditional financial institutions with more and more people adopting online fintech solutions. Peer-to-peer services and social media are deemed irreplaceable as far as usage metrics are concerned.

The growth of e-commerce, m-commerce and remote commerce transactions is showing no signs of slowing down. In 2021, over 2.14 billion people worldwide are expected to buy goods and services online, up from 1.32 billion in 2014. The growth of card-not-present (CNP) transactions has driven a new age of consumer convenience but in parallel, a new age of fraud.

Rewire, a cross-border banking service provider for migrants, has today announced the growth of its product offering as a neobank for migrants in Europe. Rewire now offers tailored accounts focused on the specific needs of migrants and is introducing a new line of innovative banking products that can serve them in the host country and the country of origin.

Leumi UK – the London-based subsidiary of Israel’s leading international bank – and LeumiTech, Leumi Group’s technology banking practice hosted a joint tech-focused discussion, bringing together influential figures from the technology industry – including senior representatives from Google, Facebook and Amazon – to engage in an open discussion on the state of the tech landscape in 2020.

Sysnet Global Solutions, the leading provider of cyber security and compliance solutions, today announced it has secured a significant growth equity investment.