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Australia suffers 9.2% rise in Y-o-Y fraud on payment card transactions

Data released today by the industry self-regulatory body Australian Payments Network (AusPayNet) shows a 9.2% rise in fraud on payment card transactions in the 12 months to 30 June 2021 (FY21) alongside an increase in online spending during COVID-19 lockdowns.
Andy White Auspaynet Economic Crime Forum Australian Payments Network Auspaynet Fraud In Banking Forum Australian Payments Network Economic Crime Forum

Tinkoff relies on Finastra for launch in Philippines

Finastra today announced that Tinkoff, one of the world’s largest digital-only banks serving over 18.5 million customers, has selected Finastra’s Fusion Essence Cloud core banking solution to power its planned expansion into the Philippines.
Northern Samar Narendra Mistry George Chesakov Retail International Universal Banking At Finastra International Expansion Lead At Tinkoff Fusion Essence Cloud

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