Fintech News

JANUARY 21, 2024

The sector is witnessing a pivotal shift from traditional database systems to more sophisticated and scalable solutions. This database system combines the scalability of distributed systems with the efficiency of centralised architectures. This enhancement was crucial for a company that had rapidly grown since its inception in 2019.

Database 112

Database Disaster Recovery Addressing Volume 112

PYMNTS

MAY 5, 2020

As hundreds of millions of consumers stay sheltered in place, there’s been an increasing need for Melissa’s core offerings, tied to address verification and data matching, that ensure people reside where they say they do. Now, he said, verification stands as a “preliminary step — and it’s a basic building block of trust.

Addressing 77

Addressing Verification Checks Blocks 77

PYMNTS

APRIL 30, 2019

Security experts have discovered an online, unprotected database that stores the personal data of 80 million American households. Ran Locar and Noam Rotem of vpnMentor discovered the database, adding that they believe it is the first time a breach of this size has included such detailed information.

Database 49

Database Identity Theft Breach Phishing 49

PYMNTS

JUNE 5, 2019

The app, designed for the Jewish community, left the database open without a password, exposing user data and private messages, said security researchers Noam Rotem and Ran Locar, according to reports. The exposed database contained private messages as well, which were often explicit and graphic.

Database 46

Database Law Enforcement Request for Comment Encryption 46

Fintech News

OCTOBER 28, 2024

How can banks successfully balance the calls for innovation in an increasingly competitive fintech space against neobank upstarts, super-apps, and resurgent e-wallets across Southeast Asia while addressing security concerns arising from AI-based fraud? The level of verification checks can be adjusted as the customer progresses.

Verification 96

Verification Deepfake AI Identity Theft 96

PYMNTS

JANUARY 31, 2019

One of the other problems with feeding labeled data to AI systems is that it perpetuates the myth that AI must live in a database of static, stale data that reflects the past, not the “now” when actions must be taken. Databases do not store intelligence,” Adjaoute told Webster during the discussion, which took place Wednesday (Jan.

Database 74

Database AI Credit Union Fed 74

PYMNTS

SEPTEMBER 14, 2017

China revealed that it is creating a national cyberattack database and will require telecom firms, internet companies and domain name providers to report any threats to it. Those that fail to follow the rules will be subject to “warnings, fines and other administrative penalties,” although no specifics were given.

Database 69

Database Cybersecurity Rules Governance 69

Payments Source

MARCH 19, 2019

Under the recently appointed Director Kathy Kraninger, the bureau has the opportunity to address numerous problems with its collection and presentation of consumer grievances.

Database 73

Database CFPB Addressing Consumer 73

PYMNTS

DECEMBER 4, 2020

Address verification and validation technologies have emerged to help co mpanies ease these issues. These tools help fix incorrect addresses and autofill data to save time, spare customers frustration and reduce the rate of cart abandonment, for example. Slice Makes The Case For Address Verification. About The Tracker.

Verification 67

Verification Addressing API Procedures 67

PYMNTS

AUGUST 13, 2020

Supplying correct address details had always been important prior to the pandemic, but the effects of inaccurate information can be devastating. One 2019 study found that incorrect addresses cause 19 percent of all failed deliveries, for example, and these failed deliveries cost approximately $216,171 per individual business annually.

Addressing 57

Addressing Verification API SWIFT 57

VISTA InfoSec

JUNE 27, 2024

Snowflake is a cloud database platform used by companies worldwide to store their data. Upon investigation, it was revealed that personal information such as student names, addresses, dates of birth, and potentially other sensitive details had been compromised. As the situation unfolds, LAUSD and Snowflake Inc. 5 / 5 ( 1 vote )

FBI 130

FBI Breach MFA Cybersecurity 130

VISTA InfoSec

FEBRUARY 25, 2024

These commonly breached records include: Personal Information Names, addresses, phone numbers, Social Security numbers, driver’s license details, passport numbers, patient healthcare records, insurance policy information, financial statements, etc. But some data types see higher breach rates than others.

Data Breach 272

Data Breach Breach Multifactor Authentication Cybersecurity 272

Fintech News

JUNE 25, 2024

This is the remarkable growth story of DANA, and the pivotal role played by its partnership with OceanBase , a distributed relational database developed by Ant Group, in overcoming technological challenges, and achieving unparalleled success in its home market of Indonesia. But in OceanBase, we are active-active.”

Database 115

Database Volume On-Demand Disaster Recovery 115

VISTA InfoSec

MAY 23, 2024

This guide addresses both preventive and mitigative actions. These resources include storage resources, cloud compute instances, database resources, network resources, and identity and access management resources. This command can delete all or some of the infrastructure defined in IaC. They focus on the resources defined by Terraform.

Compromise 288

Compromise Database Best Practices Shutdown 288

VISTA InfoSec

MAY 24, 2024

It helps assess and mitigate security risks systematically by identifying vulnerabilities and implementing controls to address them before they materialize. Establish processes for ongoing monitoring, vulnerability scanning, and penetration testing to identify and address security vulnerabilities promptly. of PCI DSS. of PCI DSS.

PCI DSS 243

PCI DSS Small Business Assessments Compliance 243

The Fintech Times

AUGUST 13, 2024

PwC UK , the professional services leader, is joining forces with Cockroach Labs , a cloud-native SQL database provider for modern cloud applications, in a move to reduce the risks, costs, and complexity of regulatory compliance and mainframe modernisation.

Compliance 62

Compliance Risk Database Due Diligence 62

PYMNTS

MARCH 15, 2017

According to Reuters , the vulnerabilities addressed had the potential to allow hackers to have control over the databases and business applications utilized by large global firms. In many cases, cyberattacks on the software databases of these types of companies can be more lucrative for hackers.

Addressing 49

Addressing Security Database Compromise 49

VISTA InfoSec

FEBRUARY 21, 2024

. - But how did users interact with the databases? Well, all user access, queries, and actions on databases were done through programmatic methods. And who could directly access or query databases? Only database administrators had that privilege. What about application IDs for database applications?

PCI DSS 130

PCI DSS Database Best Practices Procedures 130

PYMNTS

SEPTEMBER 11, 2017

Equifax, the credit scoring company that suffered a data breach that impacted as many as 143 million Americans, is blaming a vendor software flaw in its online databases. According to Equifax, the impacted information includes names, Social Security numbers, birthdates, addresses and, in some instances, drivers’ license numbers.

Database 66

Database Breach Identity Theft Data Breach 66

Fintech News

OCTOBER 23, 2024

Addressing the demand for ESG compliance Kneen also touched on the rising importance of sustainability in banking practices , with financial institutions looking to align with ESG standards. “We These subsidiaries have different data sources that they need to call upon, such as credit bureaus, fraud databases, AML databases.

Finance 107

Finance APACS Multi-Currency Origination 107

PYMNTS

JUNE 24, 2020

Messaging app Telegram said a data breach has exposed a database containing the personal information of millions of users, according to a Cointelgraph report. The database, which was exposed on a darknet forum, included users’ phone numbers and unique Telegram user IDs, according to the report.

Breach 115

Breach Data Breach Law Enforcement Database 115

Fintech News

JUNE 16, 2024

The new funding will support the second cohort of the AWS Generative AI Accelerator, offering up to US$1 million in AWS credits to each of the 80 selected startups using generative AI to address complex challenges. Applications for the programme are open until 19 July.

AI 103

AI CHIPS Database Participant 103

PYMNTS

SEPTEMBER 15, 2019

“It was clear that this was a compilation of potential car buyers wanting more information,” Fowler said, telling Forbes that the data included “loan and finance inquiries, vehicles that were for sale, log data with IP addresses of visitors, and more.”. 19, the database was still online the next day.

Data Breach 83

Data Breach Breach Database Addressing 83

Fintech News

NOVEMBER 5, 2024

The Disclosure tool, which integrates with government databases and private sector solutions, offers a user-friendly, generative AI-powered solution for businesses to measure their Scope 1 and 2 emissions. This is particularly helpful for SMEs that may lack the resources and expertise to begin sustainability reporting.

Database 98

Database AI On-Demand Governance 98

Seon

JULY 19, 2023

There are well over four billion email addresses in use globally. Reverse email lookup is an invaluable tool for anyone who wishes to learn more about an individual based only on the person’s email address. SEON’s email search tool lets you gain personal information about someone using their email address.

Addressing 52

Addressing Database Law Enforcement Data Breach 52

Nanonets

JULY 10, 2024

An example of key-value pair extraction KVPs are the building blocks of many data structures and databases. Before the accuracy of deep learning meets the needs of the markets for such tasks, OCRs are performed with the following procedure: Database creation : First, we build a vast library of known characters and symbols.

Database 96

Database Process Use Case Correspondent 96

PYMNTS

MARCH 5, 2019

Victor Gevers of cybersecurity organization GDI Foundation revealed that he discovered a database of 364 million records that included social media profiles and chat logs linked to names and identity card numbers. The database could be accessed online by anyone who searched for its IP address, and exposed photographs, addresses and locations.

Database 55

Database Breach Request for Comment Cybersecurity 55

PYMNTS

AUGUST 20, 2020

A database of nearly a quarter-million YouTube, Instagram and TikTok public profiles that was held by a now-shuttered company called Deep Social has made its way onto the Dark Web, The Next Web reported on Thursday (Aug. The news site attributed information about the data exposure to researcher Bob Diachenko of security firm Comparitech.

Breach 114

Breach Phishing Database Legal 114

VISTA InfoSec

FEBRUARY 28, 2024

Changes Core Focus Limiting database access to programmatic methods (apps, stored procedures) and database administrators. Terminology Applications should use their own IDs, not individual user IDs to access the database. Requirement v3.2.1 (8.7) Greater emphasis on granular access control. Conclusion: PCI DSS v4.0

PCI DSS 130

PCI DSS Best Practices Authentication Rules 130

The Fintech Times

FEBRUARY 1, 2024

Techtrust , a tech staffing firm exclusively focused on fintech, has officially launched its ‘FinTech Talent Hub’, a new talent database aiming to support the industry with top-tier technical expertise. Techtrust’s AI-powered hub addresses fintech skill gaps in a rapidly changing tech industry.

FinTech 57

FinTech Database Accreditation Best Practices 57

Nanonets

SEPTEMBER 27, 2024

Uploaded IDs undergo an authenticity check and data extraction, which is cross-verified against an external database for verification. As the industry evolves in the digital age, addressing these challenges has become increasingly urgent. ✅ One-click Authentication against external databases: 1.

Process 52

Process Underwriting Automation Database 52

The Paypers

APRIL 30, 2020

Keesing Technologies has made available its digital identity verification services and databases to essential organisations that need identity proofing while responding to the COVID-19 pandemic.

Verification 28

Verification Addressing Database Technology 28

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. “We’re beyond refrigerators telling owners that a critical part is about to fail, or the warranty needs an update.

Underserved 113

Underserved FinTech Financial Inclusion Risk 113

Fintech News

MARCH 20, 2024

Sumsub, a global verification provider, is addressing the sharp increase in fraud networks in the Asia-Pacific (APAC) region with its enhanced Fraud Prevention Solution. The solution leverages a unique database for identifying and tracking fraudsters, offering a multi-layered approach to simplify decision-making and minimise false positives.

APACS 93

APACS Fraud Prevention Deepfake Account Takeovers 93

Nanonets

DECEMBER 21, 2023

The order will typically include the customer's name, address, item, quantity they wish to purchase , and payment method. Moreover, it ensures the product database is always accurate, preventing overselling and stockouts. This includes the customer's name, billing address, payment method details, and due amount.

Database 52

Database Payment APIs and Integration Automation Process 52

PYMNTS

MARCH 5, 2020

Virgin Media announced Thursday (March 5) that the personal details of 900,000 customers had been accessed by a third party as the company left a marketing database unsecured for months, according to the Financial Times. Non-Virgin Media users could have also been affected as the database included some “refer a friend” promotions.

Database 53

Database Breach Data Breach Volume 53

PYMNTS

MAY 20, 2020

They provided a sample showing the type of information in the database. It includes the user’s name, email address, phone number, encrypted password, last four digits of their credit card, gender, age, home address and subscription information, such as frequency of deliveries.

Data Breach 53

Data Breach Breach Request for Comment Database 53