Fintech Giant Finastra Investigating Data Breach

The financial technology firm Finastra is investigating the alleged large-scale theft of information from its internal file transfer platform, KrebsOnSecurity has learned. Finastra, which provides software and services to 45 of the world’s top 50 banks, notified customers of a potential breach after a cybercriminal began selling more than 400 gigabytes of data purportedly stolen from the company.  Continue reading Fintech Giant Finastra Investigating Data Breach

Semafone appoints three new board members to accelerate global growth

Semafone announced the appointment of three new board members. Joining the board as Chairman, based in the UK, is Carlos Sartorius and two Non-Executive Directors; Denise Parker and Michael Sterl, both based in the United States. All come from high-gro… Continue reading Semafone appoints three new board members to accelerate global growth

Finastra Payments To Go provides automated onboarding for financial institutions via open APIs

Finastra announced new instant onboarding capabilities for its Fusion Payments To Go solution. The move enables banks to access the benefits of Finastra’s SaaS solution at speed and with reduced cost, meaning organizations can bring innovative an… Continue reading Finastra Payments To Go provides automated onboarding for financial institutions via open APIs

Security Breach Disrupts Fintech Firm Finastra

Finastra, a company that provides a range of technology solutions to banks worldwide, said it was shutting down key systems in response to a security breach discovered Friday morning. The company’s public statement and notice to customers does not mention the cause of the outage, but their response so far is straight out of the playbook for dealing with ransomware attacks. Continue reading Security Breach Disrupts Fintech Firm Finastra