Panel of fintech experts warns of urgent cybercrime threat

Cybercrime remains a major threat to fintech and consumers as the industry keeps evolving rapidly and regulation tries to keep up, according to an expert panel at FinTechConnect in London today. The roundtable debate, moderated by International Investment's publisher, Christopher Copper-Ind, revelead the extent of the problem. "Totalling $2.5 trillion, it's equivalent to the GDP of the whole of the UK," said Jo Ann Barefoot,  chief executive and founder of Barefoot Innovation and co-founder of Hummingbird Regtech, a new-generation technology firm focused on AML. Speaking about the ...