#customer-verification

[ follow ]
fromComputerWeekly.com
1 day ago

Monzo's 21m fine highlights banks' cyber security failures | Computer Weekly

The UK's Financial Conduct Authority (FCA) recently determined that, between October 2018 and August 2020, the challenger bank lacked sufficient "anti-financial crime systems and controls" for signing up new customers, assessing any risks they posed and identifying fraudulent transactions.
Privacy professionals
[ Load more ]