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ATM manufacturer Diebold Nixdorf has suffered a ransomware attack on its corporate network, disrupting some operations.

The Supervisory Board of Wirecard AG appoints the American Dr. James H. Freis (49) as Chief Compliance Officer effective July 1, 2020.

Citi, Alibaba and Amazon are among the firms working with the US government on an effort to thwart Covid-19-related fraud.

The UK's Financial Conduct Authority is to delay the implementation of strong customer authentication rules by six months in an effort to minimise disruption to consumers and merchants during the ongoing Covid-19 crisis.

The GCC is set to experience a surge in the use of FinTech platforms as consumers turn away from physical offerings during the ongoing global COVID-19 outbreak.

Citing Covid-19, the European payments industry is calling on the EBA to push back the deadline for the migration to Strong Customer Authentication (SCA) standards still further. 

The Emerging Payments Association (EPA), which celebrates collaboration and innovation within new and existing payments companies, has today published new guidance on digital identification and authentication to help combat financial crime.

More than half a trillion real-time payments transactions will be processed over the next five years, according to Prime Time for Real-Time, a new global report from ACI Worldwide (NASDAQ: ACIW) and Global Data.

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