Dear Subscriber,

Banks should not be “reliant solely on [GCHQ] support” commented Alex Boothroyd, senior banking fraud specialist at SAS, chastising banks for their “inaction”.

On PaymentEye this week and, following revelations that GCHQ is directly cooperating with UK banks to combat the rising tide of cybercrime, market participants wade in on the situation.

Elsewhere, SMEs are enjoying something of a technology revolution as tech vendors offer affordable solutions to compensate for small teams by automating many manual processes. Watch the video below to find out more.

Read, enjoy and share.

David Beach

PaymentEye