Half of US and UK finance professionals hit by deepfake fraud scams

Half of finance professionals (53%) have been attacked with deepfake scamming attempts, with 43% admitting they have fallen victim to an attack according to new data from Medius, a leading provider of cloud-based accounts payable automation and spend management solutions. 85% of respondents say deepfake technology poses an existential crisis to the business’ financial security. Ahmed Fessi, Chief Transformation & Information Officer, explains: “Today’s CEOs and CFOs have large digital footprints. They have speeches, interviews...

Regional Management Corp. Completes $187M Asset-Backed Securitization

Regional Management Corp., a diversified consumer finance company, announced that it has completed a $187.3 million asset-backed securitization, marking its tenth successful securitization. The Regional Management Issuance Trust 2024-1 (RMIT 2024-1) notes were issued at a weighted-average coupon of 6.19% (a 132 bps improvement over the prior RMIT 2022-2B issued notes), secured by $215.7 million of receivables, with a 3-year revolving period. The Class A notes of the securitization received a top rating of “AAA”...

Fingerprints and WiBioCard Partner for Smart Card Solutions

Fingerprint Cards AB (Fingerprints™) and WiBioCard, an Italy-based smart card integrator specializing in web access authentication, verification and physical and logical access control have partnered to offer innovative smart card solutions for the global access market. WiBioCard has built a portfolio of different smart card products targeting large enterprises globally, integrating Fingerprints biometric technology. The products support secure authentication and verification, access and health care use cases. The smart cards also support password and PIN-free...

CapLinked Reports Growth Despite Economic Trends

CapLinked, Inc., a leading provider of cloud-based virtual data room software, announced that it has continued to experience significant growth in revenues, client base, and international presence, even amidst various economic factors impacting M&A activity and capital raising. CapLinked has successfully expanded its client portfolio to include prominent global firms such as KPMG, Accenture, Mazars, Moelis & Company, and Deloitte. These companies, among others, have chosen CapLinked for its robust and secure platform to manage...

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