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Onboarding is no longer just a gateway to customer acquisition—it’s a critical reflection of a company’s values and operational efficiency. Customers and vendors now expect a seamless experience, yet delivering this demands significant investment in security, compliance, and speed.LSEG, a global financial infrastructure and data provider, recently delved into how onboarding can elevate customer experiences, minimise costs and mitigate risks.Fraud remains a major challenge. In 2023, payment fraud cost merchants $48bn globally, with the figure expected to rise, according to LSEG. Businesses must guard against threats such as synthetic identities, account takeovers, and Business Email Compromise. These risks make secure…

Artificial intelligence is advancing at breakneck speed, reshaping industries and decision-making processes. Yet, regulatory frameworks and compliance systems are struggling to adapt in real time. Stacey English, director of regulatory intelligence at Theta Lake, believes that while AI tools are rapidly reshaping compliance, companies can’t afford to lose sight of how these technologies align with tomorrow’s regulatory expectations.She said, “Industry research of 500 compliance and IT leaders shows that nearly two-thirds of firms are already using AI in supervision—but 62% face data and implementation challenges. This highlights the concerns about whether current tools are flexible and transparent enough to meet the…

As April 2025 unfolded, institutional investors were confronted with a stark reminder of how deeply geopolitical instability can disrupt financial markets. The first ten days of the month saw a level of economic turbulence not experienced in decades, fuelled by a dramatic escalation in U.S. trade policy.A new whitepaper from Ortec Finance has explored the current geopolitical environment and what is next for institutional investors.The market turbulence started after President Trump’s decision to enforce “reciprocal” tariffs on several trade partners, including Mexico and Canada. What began as targeted manoeuvres quickly spiralled into a full-scale global trade standoff. On 2 April,…

Airbnb started rolling out an AI-powered customer service bot in the U.S. last month, CEO Brian Chesky said during the firm’s first-quarter conference call on Thursday. Chesky said 50% of Airbnb’s U.S. users are already using the AI bot for customer service, adding that the company plans to roll out the feature to all its users in the country this month. “One thing I’ll say about AI [is that] it is definitely making the customer experience easier […] It has already led to a 15% reduction in people needing to contact live human agents,” he noted during the analyst call.…

The US government on Thursday announced that it has reached a settlement with Raytheon, RTX Corporation, and Nightwing Group in a lawsuit over the companies’ alleged failures to meet cybersecurity requirements for defense contractors. Raytheon, a subsidiary of RTX Corporation (previously Raytheon Technologies Corporation), and its then-subsidiary Raytheon Cyber Solutions, Inc. (RCSI), allegedly failed to comply with cybersecurity requirements in 29 contracts and subcontracts with the Department of Defense (DoD). Nightwing is a cybersecurity and intelligence company that spun out of RTX. According to the settlement, between 2015 and 2021, Raytheon did not implement necessary cybersecurity controls on a system…

SecurityWeek’s cybersecurity news roundup provides a concise compilation of noteworthy stories that might have slipped under the radar. We provide a valuable summary of stories that may not warrant an entire article, but are nonetheless important for a comprehensive understanding of the cybersecurity landscape. Each week, we curate and present a collection of noteworthy developments, ranging from the latest vulnerability discoveries and emerging attack techniques to significant policy changes and industry reports.  Here are this week’s stories: NullPoint Stealer source code leak The source code of the NullPoint Stealer infostealer malware has been leaked online. The malware is capable of…

US InsurTech Coalition, a leading provider of cyber risk management solutions, has officially launched its Active Cyber Insurance offering in the Nordic region.The launch of the Active Cyber Insurance product in the Nordic region represents a strategic move to cater to the growing demand for enhanced cyber risk management solutions in the face of rising cyber threats, according to InsurTech Insights.With cyberattacks on the rise, Coalition’s new offering helps businesses in Denmark and Sweden address digital threats proactively.The Active Cyber Insurance offering blends cyber insurance coverage with risk management tools, offering businesses access to cybersecurity insights and resources. Coalition’s platform…

Cyberattacks have caused disruptions at UK retailers Co-op, Harrods, and Marks & Spencer (M&S), which are now scrambling to restore their operations to normal. M&S was hit over the Easter weekend, when gift card payment and in-store click-and-collect services became unavailable. Last week, the company decided to suspend orders via its websites and applications, while keeping stores open. “We are working day and night to manage the current cyber incident and get things back to normal for you as quickly as possible,” M&S told customers this morning, in a message it shared with SecurityWeek. The company refrained from providing further…

ATLANTA (AP) — Georgia Tech’s commencement speaker left graduates with more than inspiring words Friday — he promised to cover incorporation costs for any graduate launching a startup.“This is about more than just covering fees — it’s about lighting a spark,” alumnus and speaker Christopher Klaus said in a press release. “Every founder needs someone to believe in them early. Through this gift, we’re offering that belief and giving graduates the chance to start building with purpose and confidence.” It costs around $100 to file for incorporation in Georgia.Georgia Tech has spent years trying to cultivate an entrepreneurial ecosystem, partnering…

Canadian electric utility Nova Scotia Power revealed on Thursday that a recent cyberattack resulted in the theft of some customer information. Nova Scotia Power and its parent company Emera reported earlier this week that on April 25 they detected unauthorized access to parts of their Canadian network and servers used for business applications.  Impacted servers were shut down and isolated in response to the hack, which resulted in the disruption of customer phone lines and online services. However, the power company said there was no disruption to physical operations. “There remains no disruption to Nova Scotia Power’s generation, transmission and…