CLSA Premium NZ to pay 0k for breaching duties as financial service provider

CLSA Premium NZ to pay $770k for breaching duties as financial service provider

The financial services company CLSA Premium NZ (CLSAP NZ) has been ordered to pay $770,00 for breaching anti-money laundering rules. Photo: 123RF The Financial Markets Authority (FMA) filed proceedings against the Hong Kong owned derivatives issuer, formerly known as KVB Kunlun, claiming that the company failed to meet its duties under anti-money laundering and countering

Record-Setting DDoS Attack Hits Financial Service Firm

Record-Setting DDoS Attack Hits Financial Service Firm

Cybercrime , DDoS Protection , Endpoint Security 17.2 Million Request-Per-Second Attack Launched by 20,000 Bots, Cloudflare Says Prajeet Nair (@prajeetspeaks) • August 21, 2021     Security firm Cloudflare says it detected and mitigated a 17.2 million request-per-second distributed denial-of-service attack, almost three times larger than any previously reported HTTP DDoS attack. See Also: 2021

More selfie biometrics could ease government and financial service access in UK, Australia, US

More selfie biometrics could ease government and financial service access in UK, Australia, US

A single sign-on for government service access is in development in the UK, Australia’s government has published a case study with OCR Labs on selfie biometrics for financial services access and the U.S. contracts LexisNexis Risk Solutions to help deal with the wave of unemployment fraud attempts, of which spoof attacks have made up a

Hashed invests in membership-based financial service provider Hi

Hashed invests in membership-based financial service provider Hi

Hashed, a South Korean venture capital company specialized in investing in blockchain technology, on Tuesday said it has invested an undisclosed amount in Hi, a membership-powered financial service for crypto and fiat currencies. Hi was co-founded by Sean Rach, the former chief marketing officer at Crypto.com and Stefan Rust, who served as CEO at Bitcoin.com.

ETI Reaches Another Milestone in Financial Inclusion in Africa, Launches a New WhatsApp Service

ETI Reaches Another Milestone in Financial Inclusion in Africa, Launches a New WhatsApp Service

Wednesday, July 06, 2021/ 09:50AM /Ecobank/Header Image Credit: Good-id The Ecobank Group  and Semoa a Fintech based in Lome,   are enabling mobile money users  in Togo to carry out  banking faster and easier, across West African Economic and Monetary Union ( WAEMU) through a new digital banking service via Whatsapp called “Express cash by Semoa”. The Ecobank