Fintech News

MAY 20, 2024

The webinar will address the underutilization of transactional data by banks and its potential to drive customer engagement, increase customer lifetime value, and enhance business impact. However, when this demand slips through gaps in the customer journey, it not only results in lost revenue but also impacts productivity.

FinTech 133

FinTech Embedded Finance BNPL AI 133

Seon

JUNE 15, 2023

It’s worth noting here that you can always act on your initial suspicions by running a quick email lookup against an address associated with a dubious message. Check out SEON’s address lookup widget below to see this approach in action. This means many instances of BEC can be prevented by mitigating human error through staff training.

Email Compromise 52

Email Compromise Compromise Business Email Compromise Risk 52

VISTA InfoSec

JULY 31, 2023

It is then up to the business to engage a consultant or take other appropriate measures to address the areas of non-compliance. Assign Risk Rankings : Newly discovered security vulnerabilities should be assigned a risk ranking of “high,” “medium,” or “low,” and appropriate mitigation measures should be prioritized accordingly.

PCI DSS 130

PCI DSS Security Encryption Compliance 130

VISTA InfoSec

JANUARY 9, 2024

This change accommodates a broader spectrum of technologies that meet the security objectives traditionally addressed by firewalls. This will encompass all technologies categorized under Network Security Controls, including but not limited to WAF, IPS/IDS, DAM, DLP, PIM/PAM, MFA, and so on. PCI DSS v3.2.1 PCI DSS v4.0

PCI DSS 113

PCI DSS Procedures Authorization Security 113

Global Fintech & Digital Assets

DECEMBER 11, 2023

Covered entities’ incident response plans must also expressly address procedures for recovery from backups, root cause analysis, evaluation of business impact, and prevention of recurrence of incidents. Penalties for noncompliance may vary, and an extensive list of considerations and mitigating factors are provided.

Cybersecurity 59

Cybersecurity Multifactor Authentication Risk Assessment MFA 59

The Payments Association

DECEMBER 10, 2024

It highlights the urgent need for payments firms to address AI-driven fraud to protect financial security, maintain customer trust, and comply with regulations. The article explores the growing threat of AI-enabled fraud in the payments sector and how firms can combat it with advanced technologies. Why is it important? What’s next?

AI 88

AI Fraud Detection Deepfake Fraud Prevention 88

FICO

SEPTEMBER 17, 2018

These attacks emphasize the need for layered fraud defences and controls that effectively mitigate such risks going forward. This layer covers password policies, two-factor and multi-factor authentication (MFA), device profiling, etc. As the adage says: “There is no silver bullet!”. Layered Fraud Defences. Layer 2 – Authentication.

Cybersecurity 45

Cybersecurity Multi-Currency MFA ATM 45

FICO

SEPTEMBER 19, 2018

These attacks emphasize the need for layered fraud defences and controls that effectively mitigate such risks going forward. This layer covers password policies, two-factor and multi-factor authentication (MFA), device profiling, etc. As the adage says: “There is no silver bullet!”. Layered Fraud Defences. Layer 2 – Authentication.

Cybersecurity 40

Cybersecurity Multi-Currency MFA ATM 40

Stax

SEPTEMBER 17, 2024

To mitigate this risk, all transmission of cardholder data must be encrypted using strong cryptographic protocols such as TLS (Transport Layer Security) or IPsec (Internet Protocol Security). Organizations must develop and maintain secure systems and applications by implementing a process for identifying and addressing vulnerabilities.

Credit Cards 88

Credit Cards PCI DSS Compliance Process 88