The Fintech Times

APRIL 23, 2024

As mobile banking apps continue to accrue a seemingly ever-growing user base, criminals may sense an opportunity to access people’s finances by exploiting weaknesses in some banks’ security, consumer champions Which? The most serious problem the security best practice tests discovered was a ‘medium-risk’ issue on the TSB app.

Addressing 69

Addressing Online and Mobile Banking Security Best Practices 69

EBizCharge

OCTOBER 25, 2023

By implementing the most reliable security software and best practices, organizations and individuals can mitigate the risk of data breaches and safeguard their valuable information from malicious actors. Using this knowledge to create and update your procedures to address new threats is essential.

Data Breach 52

Data Breach Best Practices Breach Phishing 52

FICO

MARCH 31, 2016

The Regulatory Compliance track will feature an impressive list of industry experts sharing best practices that address a diverse range of high-priority regulatory challenges. Model management continues to present financial institutions with new compliance obstacles. Please join us in Washington DC April 26 -29!

Regulatory Compliance 49

Regulatory Compliance Best Practices Compliance Financial Crimes 49

Core

FEBRUARY 6, 2024

The well-being of communities, and society as a whole, hinges on government organizations who provide essential services and address the needs of the public. An Overview of 7 Best Practices Adopting government fraud prevention best practices is instrumental in maintaining the resilience of public systems.

Best Practices 52

Best Practices Governance Government Fraud Prevention 52

VISTA InfoSec

MAY 23, 2024

This guide addresses both preventive and mitigative actions. This approach is slightly more complex, but it is applicable in cases when a specific resource needs to be removed permanently from the infrastructure because its continued existence only adds unnecessary clutter.

Compromise 286

Compromise Database Best Practices Shutdown 286

VISTA InfoSec

APRIL 12, 2024

This process not only hides your real IP address but also enables filtering, monitoring, and logging of internet traffic, adding a robust layer of security and anonymity to your online endeavors. Security Challenges And Best Practices Despite their strengths, proxies face security challenges. 5/5 - (1 vote)

Cybersecurity 130

Cybersecurity Best Practices Encryption Privacy 130

VISTA InfoSec

JANUARY 29, 2024

The prevention, detection, and addressing of malicious software (malware) is ensured. 5.3 Employing anti-malware solutions that address all types of malwares is crucial in safeguarding systems from both current and evolving malware threats. This is to ascertain whether these systems continue to not necessitate anti-virus software.

PCI DSS 130

PCI DSS Phishing Best Practices Procedures 130

Fintech Finance

SEPTEMBER 13, 2024

This comprehensive guideline provides essential insights and best practices for financial institutions (FIs) as they navigate the complex landscape of instant payments. With contributions from industry experts, the guideline aims to help FIs enhance their operational readiness for real-time payments, including RTP® and FedNow®.

Instant Payments 128

Instant Payments Faster Payments FPC Real Time Payments 128

Fintech News

MARCH 24, 2024

The lounge, situated within Tech Mahindra’s Singapore campus, aims to support businesses in leveraging advanced technologies such as AI, Intelligent Automation, Hybrid Cloud, 5G, Edge Computing, and Cybersecurity to address complex challenges, improve customer service, reduce costs, and increase efficiency.

APACS 88

APACS Best Practices AI Cybersecurity 88

VISTA InfoSec

FEBRUARY 13, 2024

This proactive stance enhances Singapore’s resilience against cyber threats and also serves as a model for global best practices in cybersecurity. This practice involves regularly applying patches and updates to software, operating systems, and applications to correct any potential security vulnerabilities. 5/5 - (1 vote)

Cybersecurity 130

Cybersecurity Audit Best Practices Mitigation 130

Fintech Review

DECEMBER 31, 2024

Adopting international best practices can enhance investor confidence and ensure compatibility with global systems. Brazils Central Bank actively engages with international regulators while addressing domestic challenges. The governments continuous support has ensured sustained growth.

FinTech 111

FinTech Regulations Best Practices Central Bank 111

Electronic Transactions Association

MAY 10, 2022

WASHINGTON, DC (May 11, 2022) — The Electronic Transactions Association (ETA); INFiN, a Financial Services Alliance; the Money Services Business Association (MSBA); and The Money Services Round Table (TMSRT) today announced the release of Best Practices for U.S. The industry effort to identify and distribute Best Practices for U.S.

Best Practices 40

Best Practices Money Laundering Law Enforcement AML 40

The Fintech Times

JANUARY 12, 2024

As the global subscription industry continues to grow with a projected market value of £1.2 Jonas Flodh, CPO at Recurly Jonas Flodh , CPO at Recurly, explains the importance of addressing the issue: “Subscriber churn is the enemy of every brand we speak to.

Transactions 105

Transactions Best Practices Automation Gateways 105

Segpay

JUNE 13, 2024

This shows that as businesses and customers continue to rely on online payment systems the risk of falling prey to cyber security threats increases too. In this post, we’ll discuss the best practices for businesses and customers to secure online payment against cyber attacks. The Travelex ransomware attack. million ransom.

Best Practices 40

Best Practices Processors Transactions Security 40

The Payments Association

OCTOBER 23, 2024

Panelists will address the critical role of collaboration with fraud becoming a company-wide responsibility. As industries face increasing regulatory pressures, Seon Technologies will highlight the shared challenges of customer onboarding, fraud prevention and compliance, including how businesses navigate global KYC and AML regulations.

Fraud Prevention 88

Fraud Prevention Fraud Detection Best Practices AML 88

The Fintech Times

FEBRUARY 5, 2024

Only 25 per cent have full confidence in their company’s cyber resilience strategy and its ability to ‘address today’s escalating cyber challenges and threats’. Slow data recovery Cyber resilience is a technology backbone for business continuity.

Ransomware 115

Ransomware Data Security Data Breach Breach 115

Fintech Review

FEBRUARY 13, 2024

This proactive stance involves continuous engagement with technological advances and collaboration with fintech firms to understand potential vulnerabilities. Regulatory Frameworks Developing adaptable regulatory frameworks is essential in addressing the rapid pace of fintech innovation while ensuring consumer protection.

Consumer Protection 105

Consumer Protection Innovation Consumer FinTech 105

VISTA InfoSec

OCTOBER 21, 2024

As businesses continue to evolve in their customer service strategies, Contact Center as a Service (CCaaS) solutions have emerged as an effective tool for enhancing customer experience. Change Management: Develop a change management strategy to address any resistance or concerns from your team.

Cybersecurity 130

Cybersecurity CRM Disaster Recovery Encryption 130

Nanonets

OCTOBER 1, 2024

It allows your team to focus on strategic tasks while the AI continuously monitors for potential risks. In case of exceptions, the system will alert suppliers, allowing them to quickly address issues, speeding up resolution times. Nanonets stands out as an industry leader in the IDP space , addressing every AP challenge you face.

Best Practices 40

Best Practices Automation Multi-Currency Process 40

VISTA InfoSec

FEBRUARY 16, 2024

a: Verify that software-development processes align with industry standards/best practices. - The software should be developed based on industry standards and/or best practices for secure development. - This ensures a clear documentation trail of security practices. PCI DSS v3.2.1 PCI DSS v4.0 Requirement 6.3

PCI DSS 100

PCI DSS Procedures Best Practices Verification 100

Fintech News

AUGUST 6, 2024

Singapore’s Minister for Transport and Second Minister for Finance, Chee Hong Tat, clarified that the Ministry of Culture, Community and Youth (MCCY) had addressed Income Insurance’s social mission and NTUC Enterprise’s rationale for the deal with Allianz.

Consumer Protection 87

Consumer Protection Consumer Risk Management Best Practices 87

Fintech News

APRIL 7, 2024

Examples include verifying the user’s personally identifiable information (PII), assessing the age and reputation of the user’s email and phone number, verifying their location via IP address, and evaluating the trustworthiness of the device to assess the user risk level.

Deepfake 110

Deepfake Scams Fraud Detection Verification 110

Fintech Finance

JUNE 20, 2024

The center will provide a platform for the exchange of ideas and best practices between the public and private sectors. As the payments ecosystem continues to evolve, the prevalence of financial fraud remains a significant challenge, threatening the stability and trust in financial systems.

Financial Crimes 87

Financial Crimes Crime FBI Law Enforcement 87

Clearly Payments

SEPTEMBER 18, 2024

Customer Support Liaison: Ensures smooth communication with customers, addresses complaints before they escalate into disputes, and promotes customer satisfaction to minimize chargeback instances. Prevention: Provides recommendations for improving fraud detection tools like 3D Secure and Address Verification Service (AVS).

Disputes 91

Disputes Fraud Prevention Payments Credit Cards 91

Fintech Finance

NOVEMBER 13, 2024

Authorised Push Payment (APP) fraud continues to be one of the most pressing concerns for financial services, the payment industry, law enforcement and the general public – and new developments in cross-border payments may be making it easier.

Cross-Border Payments 94

Cross-Border Payments Cross-Border Law Enforcement Romance Scams 94

The Payments Association

DECEMBER 9, 2024

Firms must adopt transparent AI practices, enhance regulatory frameworks, and continuously train models to navigate the evolving landscape of AI-driven threats. Generative AI also addresses training challenges for AI models. What’s next? However, these regulations were not originally crafted with generative AI in mind.

Privacy 88

Privacy AI Payment Security Security 88

Clearly Payments

NOVEMBER 18, 2024

This article outlines how to structure your chargeback management team, define roles, implement processes, select the right software, and adhere to best practices. Customer Support Specialists Responsibilities: Address disputes proactively by resolving customer concerns before they escalate to chargebacks.

PCI DSS 59

PCI DSS Address Verification System (AVS) Disputes Card Network Rules 59

Stax

AUGUST 22, 2024

Understanding, addressing, and managing them is crucial for maintaining business operations while ensuring safe payment processing for clients. Implementing an effective risk management framework can help you minimize the impact of potential threats, ensure business continuity, and recover quickly in the face of adversity.

Risk Management 88

Risk Management Risk Regulatory Compliance Due Diligence 88

The Fintech Times

NOVEMBER 18, 2024

To ensure that they are positioned for sustainable success, insurers need to address critical challenges hindering the ability to cater to customer demands. All the while, they can ensure robust IT capabilities and continuous quality improvements.

Best Practices 59

Best Practices On-Demand Addressing Underwriting 59

Fintech News

NOVEMBER 20, 2024

At the SFF Technology Stage, Andrea Perl and Shaun Lai from Zühlke’s Data & AI team explored the challenges and best practices for scaling GenAI solutions. As the APAC region continues to advance in digital finance, Zühlke remains committed to supporting its clients and partners in navigating and excelling in this evolving space.

AI 99

AI Finance APACS Regulatory Compliance 99

Fintech News

MAY 20, 2024

These virtual events became vital for maintaining business continuity, serving as a means for internal meetings and connecting with clients and audiences. Post-COVID-19, webinars continue to thrive, owing to their versatility, accessibility, affordability and effectiveness in engaging and educating audiences in an increasingly digital world.

FinTech 121

FinTech Embedded Finance BNPL AI 121

Fi911

JULY 8, 2024

And, as online sales continue to skyrocket, so too does the number of fraud attempts. Synthetic Fraud Synthetic fraud occurs when criminals create fictitious identities by combining real and fake information, such as using a real Social Security Number with a fake name and address. How Big of a Problem is eCommerce Fraud?

Account Takeovers 94

Account Takeovers Fraud Detection Phishing Fraud Prevention 94

PYMNTS

DECEMBER 23, 2020

For organizations far behind on their modernization efforts, there was a scramble to adopt cloud-based solutions that could support business continuity in a work-from-home environment. They can help you get best practices into your company, rather than you having to sit down and rethink and reinvent all of the nuances and details.”.

Adjustments 81

Adjustments Best Practices Payroll Addressing 81

Fi911

DECEMBER 5, 2023

For banking professionals, it’s important to recognize the severe impact of high chargeback levels on merchants, a challenge that continues to escalate. The question then becomes: how can financial institutions assist merchant clients in effectively addressing the surge in chargebacks to safeguard their operations?

Visa 93

Visa Disputes Non-Bank Risk 93

PYMNTS

AUGUST 28, 2019

The popular security vendor said its cloud-based firewall product exposed user data online, including email addresses, passwords, API keys and SSL certificates. We profoundly regret that this incident occurred and will continue to share updates going forward,” Imperva said in its blog post. “In 15, 2017. “We

Breach 65

Breach Cybersecurity Best Practices Database 65

The Fintech Times

AUGUST 21, 2024

Fintech Forward 2024 Featuring a series of panel discussions, the two-day event will address evolving consumer behaviour, the impact of new regulations, as well as best practices in prioritising sustainable financial initiatives.

Returns 69

Returns Blockchain AI FinTech 69

Open Banking Excellence

SEPTEMBER 27, 2024

Fintech and Open Banking hold the key to expand access to bank accounts and financial tools, addressing an unexploited market. By sharing best practices and success stories from the UK’s own experience with Open Banking, the Embassy is helping to accelerate the adoption of innovative solutions in Mexico.

Financial Inclusion 147

Financial Inclusion FinTech Laws Regulations 147