This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
However, regardless of how corporates adopt faster payment technologies, many experts agree that the acceleration of payments in the country will have profound effects on the broader financial services space, and those changes are likely to impact how companies manage money and operate in a new ecosystem of payments innovation.
By educating individuals and organizations about the threats they may face, such as cyberattacks, fraud, and system disruptions, they can better understand the importance of being prepared and taking proactive measures to mitigate risks. Business Continuity Disruptions in payment systems can have severe consequences for businesses.
The FFIEC Guidelines require financial institutions to implement a solid business continuity management program, which includes an effective Business Continuity Plan. The past few years have taught us the importance of a solid business continuity plan. Does your plan include a method of communication with your customers/members?
The Payments Associations across the country have played a very important role from the beginning, from participating on Nacha’s Blue Ribbon Panels that developed each accreditation program and that keep them up to date, to providing ongoing exam preparation and continuing education.
Cybersecurity and Financial Inclusion As the fintech industry continues to evolve, cybersecurity becomes more crucial. To mitigate risks, fintech companies need to implement robust security measures. The post Cybersecurity Month: Focusing on Financial Inclusion and the Innovation Impact appeared first on Center for Payments.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content