VISTA InfoSec

JULY 1, 2024

Addressing them early can prevent bigger problems. They can identify and address issues quickly. Invest in continuous learning for your team. Address the issues found during the audit. Continuous improvement enhances your security posture. Focus on High-Risk Areas Not all areas need the same level of attention.

Audit 130

Audit Compromise Security Automation 130

Fintech Finance

SEPTEMBER 13, 2024

As instant payments continue to transform the payments ecosystem, financial institutions face unique challenges in adapting their systems and processes to this new real-time paradigm. Chairing the Operational Considerations Work Group has been a huge opportunity for me in ways that I hadn’t even imagined when I took it on. The post U.S.

Instant Payments 120

Instant Payments Faster Payments FPC Real Time Payments 120

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

The Fintech Times

MARCH 26, 2024

As insurers strive to meet the evolving needs of a digitally-savvy customer base while addressing the persistent challenge of financial inclusion, they are increasingly turning to fintech solutions. “Data can support efforts to assess flood risk more accurately, especially as the risk itself continues to evolve.

Underserved 115

Underserved FinTech Financial Inclusion Risk 115

Fintech News

MAY 8, 2024

As digital technologies continue to transform the financial landscape, central banks worldwide are exploring the potential of Central Bank Digital Currencies (CBDCs). To address these objectives, the BOT conducted the pilot test within a confined environment, divided into the Foundation Track and the Innovation Track.

CBDC 105

CBDC Bots Real Time Gross Settlement (RTGS) Non-Bank 105

The Fintech Times

APRIL 15, 2024

Project Nemo , a new disability inclusion initiative in the fintech industry, has launched with the aim of addressing the underrepresentation of disabled individuals in both the workforce and customer base. Project Nemo’s goal is to create a lasting legacy of continual progress towards a more inclusive fintech industry and services.

FinTech 111

FinTech Addressing Finance Innovation 111

Fintech News

DECEMBER 4, 2024

Seniors aged 60 and above as of 31 December 2025 will continue to benefit from waived cheque service fees at major retail banks. A public consultation paper has been released , detailing the transition plan from cheques to e-payments and addressing the needs of businesses and individuals.

Payment Solutions 107

Payment Solutions Payee Payer Payments 107

Fintech Finance

NOVEMBER 19, 2024

Aaron Holmes, CEO of Kani Payments, said: “This award is a testament to the incredible hard work of our team, who have continuously evolved our QMR and GOC solution to meet changing industry needs. At Kani, our goal has always been to simplify these critical but challenging processes for our customers, and this award validates that goal.

Compliance 84

Compliance Technology Payments Visa 84

VISTA InfoSec

FEBRUARY 13, 2024

Developers typically release updates to address any new threats they identify, which makes it crucial for organizations to apply these updates promptly. This collective intelligence can inform more effective cybersecurity measures and enable businesses to preemptively address potential vulnerabilities. 5/5 - (1 vote)

Cybersecurity 130

Cybersecurity Audit Best Practices Mitigation 130

Tearsheet

APRIL 5, 2024

Bringing over two decades of experience in the payments sector to the table, in her role as Senior Vice President of Global Products at Discover, Judith applies her expertise to develop solutions and address customer needs. How does Discover address evolving consumer demands in payments and how does the product team tackle these challenges?

Product 103

Product Payment APIs and Integration Payments Embedded Finance 103

The Fintech Times

MAY 29, 2024

Cryptocurrencies, central bank digital currencies (CBDCs) and stablecoins remain prominent and continue to see innovation worldwide; particularly in the Middle East and Africa (MEA). The idea that digital assets are exclusively some form of currency has been slowly dispelled, as new use cases emerge and are rapidly adopted across the globe.

Digital Currency 111

Digital Currency CBDC Cross-Border Payments Cross-Border 111

Fintech News

OCTOBER 21, 2024

Tookitaki’s platform, FinCense, uses AI to help institutions detect and address financial crime more effectively. TGV’s deep expertise in scaling technology businesses globally will be invaluable as we continue to empower financial institutions with the tools they need to effectively combat financial crime.”

Financial Crimes 113

Financial Crimes Security Crime Cross-Border Payments 113

Fintech Finance

DECEMBER 11, 2024

With a proven track record in transforming financial data collection across different sectors, Armalytix has developed a sophisticated platform that streamlines Source of Funds (SoF) verification, addressing long-standing challenges in legal financial processing. The partnership goes beyond simply gathering basic financial information.

Laws 88

Laws Transactions FinTech Legal 88

Fintech Finance

DECEMBER 17, 2024

Our focus on speed, simplicity, and security ensures that Kuady continues to set new standards in payment technology across Latin America and beyond. This integration addresses a key operational need, ensuring our users have reliable access to their funds in real time.

Processors 95

Processors Payments Economy Security 95

Fintech News

JULY 21, 2024

The Microsoft-CrowdStrike outage, which began in the early hours of 19 July, affected internal systems across multiple sectors, including finance, healthcare, and logistics, raising concerns about operational continuity and cybersecurity. The Singapore Dollar (SGD) money market and foreign exchange market continued to operate normally.

Settlement 89

Settlement Cybersecurity Authorization Addressing 89

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

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

Fintech News

NOVEMBER 13, 2024

This approach also seeks to address issues like cumbersome checkout processes, which currently lead to a 25% cart abandonment rate. Mastercard’s research indicates that two-thirds of shoppers struggle with manually entering their card details online. said Jorn Lambert, Chief Product Officer at Mastercard.

Visa 123

Visa Authentication Issuers Encryption 123

Fintech Finance

AUGUST 15, 2024

million active customers and more than 79,000 merchants across the United States, Australia and New Zealand,1 Zip continues to promote financial inclusion by making everyday spending, cash flow management, budgeting – and the ability to cover unexpected expenses – accessible.

Financial Inclusion 93

Financial Inclusion BNPL Underserved Innovation 93

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 News

DECEMBER 11, 2024

This focus aims to address financing gaps and enhance operational efficiency for businesses. New Product Offerings in 2024 Innovation continues to define Singapore’s digital banks. B uilding customer trust is critical as traditional banks continue to dominate the primary account market in Singapore.

Underserved 104

Underserved Regulatory Compliance Innovation Financial Inclusion 104

The Fintech Times

NOVEMBER 12, 2024

It aims to build innovative solutions that address existing challenges, all the while helping to drive sustainable growth and development in the region. This presents a significant opportunity to support the founders who are not only driving innovation, but also addressing the unique challenges and opportunities of the region.

Stablecoins 101

Stablecoins Cross-Border Financial Inclusion Underserved 101

Fintech Review

JULY 24, 2024

Nubank’s growth underscores the potential for fintech to address inefficiencies in conventional banking systems. Investment in digital infrastructure is crucial for the continued growth of fintech in these regions. As fintech continues to evolve, its impact on emerging markets will likely deepen.

FinTech 105

FinTech Financial Literacy Online and Mobile Banking Financial Inclusion 105

Fintech News

OCTOBER 27, 2024

The framework specifically addresses phishing scams with a clear connection to Singapore, targeting scams where perpetrators impersonate local or international entities serving Singapore residents. IMDA and telcos will continue to play our part in strengthening the ecosystem against scams.”

Phishing 108

Phishing Scams Blocks Authorization 108

The Fintech Times

DECEMBER 9, 2024

Mike Camerling, CEO, Aevi Mike Camerling , CEO said: “The incident has underscored the critical need for resilience, especially in industries like payments, where operational continuity and consumer trust are paramount. ” EV payment anxiety continues to be a concern. How should businesses address this?

Payment APIs and Integration 102

Payment APIs and Integration Online and Mobile Banking AI Financial Inclusion 102

Fintech Review

JUNE 12, 2024

Successful integration requires change management strategies that address employee concerns and promote a culture of innovation. Insurers need to develop robust risk management frameworks to address these challenges. Additionally, blockchain can enhance data security and integrity, addressing concerns about data breaches and fraud.

Risk Assessment 96

Risk Assessment Regulatory Compliance Assessments Risk Management 96

Fintech Finance

SEPTEMBER 4, 2024

Key features include robust chargeback protection, various deposit options such as cards, online bank transfers, and cash, and instant payouts for customers—addressing the needs of individuals who face challenges in accessing their funds.

Technology 94

Technology Cross-Border Processors Financial Inclusion 94

Fintech Finance

NOVEMBER 5, 2024

GSMA and UK Finance have joined forces to provide a collaborative framework for the UK’s leading mobile network operators and banks to develop and launch Scam Signal, a new solution to help address Authorised Push Payment (APP) fraud in the UK.

Online and Mobile Banking 85

Online and Mobile Banking Scams Fraud Detection API 85

Fintech Review

NOVEMBER 27, 2024

By addressing the limitations of traditional banking, fintech enables SMEs to access capital, manage payments, and control finances more effectively. By addressing digital literacy, fintechs can maximise their impact and reach more SMEs. SME owners may lack the skills to use complex fintech tools, limiting adoption.

FinTech 105

FinTech Cross-Border Cross-Border Payments Online and Mobile Banking 105

Fintech News

AUGUST 7, 2024

Gan addressed concerns in parliament about the risks associated with cross-border instant money transfers, particularly for vulnerable groups such as the elderly. They continuously monitor scam trends and adjust their measures as needed.

Cross-Border Payments 93

Cross-Border Payments Cross-Border Scams Transaction Limits 93

Fintech News

AUGUST 21, 2024

The company’s spending on compliance, which stood at US$158 million two years ago, is expected to continue climbing. Zhao, also known as CZ, was sentenced to four months in prison as part of this agreement, which addressed anti-money laundering violations. To ensure compliance, U.S.-appointed

Compliance 109

Compliance Law Enforcement Money Laundering Agreements 109

Fintech News

SEPTEMBER 16, 2024

The platform powers the Monetary Authority of Singapore’s (MAS) Project Greenprint ESG Registry , tracking sustainability data to address greenwashing concerns. Headquartered in Singapore, ESGpedia provides data and technology solutions to support sustainability initiatives across Asia Pacific.

Addressing 81

Addressing On-Demand Regulations Compliance 81

The Fintech Times

OCTOBER 12, 2024

They continue to invest in their mobile apps, with Monzo and Starling consistently topping the charts for customer satisfaction and intuitive app design.” “However, challengers have not forgotten their initial unique selling point – a laser focus on customer experience.

AI 109

AI Addressing On-Demand Blockchain 109

Fintech Finance

SEPTEMBER 26, 2024

As payment fraud continues to grow as a significant challenge for merchants, particularly in industries with high transaction volumes, they face increased losses due to friendly fraud and other types of chargebacks. The solution is now live and available to all merchants on Ravelin’s platform.

Fraud Prevention 87

Fraud Prevention Fraud Detection AI Disputes 87

Fintech Review

DECEMBER 31, 2024

Brazils Central Bank actively engages with international regulators while addressing domestic challenges. The governments continuous support has ensured sustained growth. Policymakers must engage with industry stakeholders to address these challenges effectively. Today, over 90% of Kenyan households use mobile money services.

FinTech 111

FinTech Regulations Best Practices Central Bank 111

The Fintech Times

FEBRUARY 22, 2024

Addressing these issues is essential for the sustained expansion and modernisation of cross-border payment systems.” ” A proactive way of tackling fraud Jonathan Shiery , partner, payments modernisation and digital assets, Guidehouse , the consulting firm, notes how AI can be utilised to stop crime in real-time. .

Cross-Border Payments 136

Cross-Border Payments Cross-Border AI Payment Security 136

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? not only enhances security but also ensures that privacy concerns are properly managed.

Privacy 88

Privacy AI Payment Security Security 88