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Visa Announces New Products and Services at SFF 2024

Fintech News

One of the central products, Visa Flexible Credential , allows a single card to switch between various payment options—such as debit, credit, installment payments, or rewards redemption. Consumers can also set parameters for their preferred payment methods within the single credential, adding further flexibility.

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How to Block Cybercriminals (Not Customers) with Advanced Fraud Prevention Solutions

Accertify

You don’t want to risk fraud losses, so you block the transaction. Or is a fraudster hiding behind stolen customer credentials? Source: 1 Client data – Ubisoft Case Study [link] The post How to Block Cybercriminals (Not Customers) with Advanced Fraud Prevention Solutions first appeared on Accertify. The problem?

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PNC and Plaid Repair Relationship to Empower Open Banking

Finovate

Today’s announcement comes five years after PNC blocked multiple data aggregators, including Plaid, claiming they circumvented PNC’s security protocol. The partnership will also allow consumers to access their financial data without having to share their credentials with the third parties themselves.

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Deep Dive: QSRs Leverage AI To Fight ATOs And Credential Stuffing

PYMNTS

Coffee giant Dunkin’ fell victim to a credential stuffing attack in October 2018, and the fraudsters who initiated the scheme were soon after selling users’ loyalty credits on dark web marketplaces for a fraction of their values. Selecting the Target. Mexican QSR Chipotle is another mobile order-ahead player leveraging AI for security. “As

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What You Need to Know about Singapore’s Upcoming Shared Responsibility Framework

Fintech News

Additionally, MAS has excluded phishing scams conducted through non-digital means, as these are addressed through public education and advisories that stress not sharing credentials or one-time passwords (OTPs). Compliance will be assessed based on telcos’ ability to block SMS messages containing URLs flagged by the police as malicious.

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Advanced Data Security: Safeguarding Your Business In The Digital Age  

VISTA InfoSec

A crafty hacker could infiltrate accounts secured by flimsy credentials. Even if passwords are compromised, those extra identity checkpoints block illicit access attempts. Simplistic credentials are entry points for hackers. In addition to access control, fortify your defenses with Multi-Factor Authentication (MFA).

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Securing Mobile Apps Against Malware and Phishing Attacks in Indonesia

Fintech News

Phishing scams employ social engineering tactics to trick users into revealing login credentials, allowing attackers to hijack accounts. The mobile security solution uses a combination of signature-based detection and behavior-based detection to detect and block malware and other risks. A 2023 report by Kaspersky found that 40.8%

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