Sun.Feb 21, 2021

article thumbnail

The fraud fight can't live on strong authentication alone

Payments Source

Without additional security measures, hackers can compromise multifactor authentication and wreak havoc on financial institutions and their customers.

Fraud 90
article thumbnail

UK urged to take lead in easing debt crisis in developing countries

TheGuardian

Boris Johnson should use upcoming G7 presidency to insist UK banks join debt suspension schemes, campaigners say Boris Johnson should use his presidency of the G7 this year to insist that UK banks take part in the global push to alleviate a new developing country debt crisis, a campaign group has urged. The Jubilee Debt Campaign (JDC) said there was a special responsibility on Britain to act, as it released new figures showing that London-based banks were the largest owners of debt issued by poo

Meeting 84
article thumbnail

Mark Carney joins the board of digital payment firm Stripe

TheGuardian

Former Bank of England governor’s appointment comes as £100bn-plus fintech company enters new funding round Mark Carney, former head of the UK and Canadian central banks, has joined the board of US digital payments company Stripe Inc, days after the firm was reported to be planning a primary funding round valuing it at more than $100bn (£71bn). “Regulated in multiple jurisdictions and partnering with several dozen financial institutions around the world, Stripe will benefit from Mark Carney‘s ex