VISTA InfoSec

MAY 12, 2024

When used, these devices will collect payment details without the merchant’s knowledge, compromising customer data security. This additional step helps prevent unauthorized access even if login credentials are compromised, keeping your data secure.

PCI DSS 277

PCI DSS Security Compromise Best Practices 277

VISTA InfoSec

MAY 23, 2024

These storage resources can be compromised and lead to data leaks similar to the unsecure S3 bucket of THSuite reported in 2020. Threat actors can compromise these and render passwords and other secrets useless. Storage resources are known as S3 buckets in AWS, with the type indicated as aws_s3_bucket.

Compromise 288

Compromise Database Best Practices Shutdown 288

VISTA InfoSec

JUNE 19, 2024

However, this convenience comes with significant cyber risks that can compromise sensitive information and privacy. Malware and Ransomware Malware and ransomware are significant threats in the realm of video communication, with attackers leveraging these tools to compromise devices and networks.

Risk 277

Risk Ransomware Phishing MFA 277

Fintech Finance

JANUARY 9, 2025

They constantly need to compromise between conversion, fraud, and cost. Balancing risk management, driving conversion, and minimizing cost has always required ineffective compromises until now said Carlo Bruno, VP of Product at Adyen. Thanks to Adyen Uplift, businesses can optimize the full payments funnel with AI.

AI 98

AI Transactions Payment Solutions Payments 98

VISTA InfoSec

APRIL 5, 2024

The following are some of the consequences when data privacy and security are compromised: Productivity loss. But by educating members on managing their passwords, identifying potential scams, and practicing proper file sharing, cases of compromise will be reduced. Operational interruption happens when cybersecurity is breached.

Best Practices 278

Best Practices Business Continuity Continuity Compromise 278

Fintech Finance

DECEMBER 10, 2024

Marko Maras, CEO of Trustfull, added: The Trustfull team is looking forward to supporting Scalapays mission of making payment flexibility accessible to everyone, without compromising security.

Fraud Prevention 97

Fraud Prevention BNPL Addressing Compromise 97

Fintech Finance

DECEMBER 11, 2024

This innovative approach uses federated learning techniques, combined with privacy-enhancing technologies (PETs), to enable collaborative intelligence without compromising proprietary data. Rhino Health will develop and deliver the core federated learning platform, and Capgemini will manage the implementation and integration of the solution.

SWIFT 93

SWIFT AI Cross-Border Payments Privacy 93

VISTA InfoSec

JUNE 18, 2024

Even if passwords are compromised, those extra identity checkpoints block illicit access attempts. A single compromised login could damage your entire network. This advanced data security measure demands additional verification beyond just a device passcode, such as a fingerprint scan or random code from a mobile app.

Data Security 266

Data Security Security Encryption Cybersecurity 266

Finextra

APRIL 9, 2025

The Monetary Authority of Singapore is investigating a ransomware attack on Toppan Next Tech, a vendor responsible for printing customer statements for DBS Bank and Bank of China (BoC) in Singapore, which exposed the personal data of thousands of customers.

Ransomware 78

Ransomware Compromise Authorization 78

Fintech Finance

APRIL 7, 2025

“We designed the Team Members Feature with one goal in mind: to empower businesses to manage finances collaboratively without compromising on control or compliance,” said Andrii Faier, Product Manager at PayDo. Why It Matters Manual workflows and the bureaucracy of permission control can stagnate the once-efficient workflows.

Accounts 58

Accounts IBAN Compromise Verification 58

Fintech Finance

OCTOBER 31, 2024

Scalability: This partnership allows businesses to scale their operations effortlessly, adapting to growing customer demands without compromising on service quality. Enhanced Performance: Hyvä’s lightweight front-end technology, combined with Mollie’s reliable payment processing, will lead to faster load times and improved site performance.

Compromise 92

Compromise On-Demand Service Provider Payment Solutions 92

Payments Dive

DECEMBER 12, 2019

Customer identity and payment information is increasingly at risk as fraud actors find new ways to compromise mobile platforms. As a rising number of consumers use digital payments to conduct ecommerce transactions, businesses need to make sure their mobile apps are secure.

Payment Security 139

Payment Security Security Compromise Payments 139

The Payments Association

DECEMBER 9, 2024

However, as payment services rely more heavily on these AI technologies, they face a growing challenge: how to harness the power of LLMs without compromising data privacy. Payment data is inherently vulnerable because its compromise can have significant financial and personal consequences for consumers.

Privacy 88

Privacy Payment Security AI Security 88

Bank Automation

DECEMBER 21, 2023

Fraudsters continue to do damage in the finance industry, evidenced by recent attacks against Fidelity National Financial and Mr. Cooper, and financial institutions must strengthen their systems to avoid hacks and respond to breaches. In 2023, the average cost of a data breach in the financial industry was $5.9

Compromise 76

Compromise Data Breach Breach Finance 76

Payments Dive

MARCH 5, 2024

The point-of-sale attack on a merchant processor may have compromised card numbers, expiration dates and cardholder names, Amex said in a state regulatory filing.

Processors 126

Processors Compromise 126

VISTA InfoSec

MARCH 13, 2025

million accounts were leaked witnessing a 388% increase in compromised user accounts. In fact, the landscape of data security in Australia is becoming alarmingly dangerous, with a significant rise in data breaches posing a growing threat to businesses and individuals alike. In the first quarter of 2024 alone, there were around 1.8

PCI DSS 165

PCI DSS Data Breach Breach Compliance 165

Fintech Finance

MAY 22, 2024

As fraudsters seek new ways to exploit technology, Mastercard is using generative AI to double the speed at which it can detect potentially compromised cards, further protecting cardholders and securing the ecosystem. In a bid to sell this data to other criminals, they place part of the 16-digit numbers on illegal websites.

Fraud Detection 97

Fraud Detection Visa AI Technology 97

Fintech Finance

MARCH 10, 2025

Bringing enhanced security and convenience, Tap-to-Add Card eliminates the cumbersome process of manual entry, a common source of errors and a vulnerability exploited by fraudsters seeking to compromise sensitive card information.

Digital Payments 90

Digital Payments Security Payments Credential 90

Fintech Finance

NOVEMBER 28, 2024

This goes beyond current methods of managing sensitive information for individuals and organizations, ensuring data recovery without compromising privacy. “We Furthermore, this allows users to set specific conditions, such as inheritance, for authorized data access.

Security 116

Security Transactions NFTs Blockchain 116

Finextra

MARCH 4, 2024

American Express is writing to customers warning them that their account information may have been compromised in a data breach at a third party service provider.

Data Breach 119

Data Breach Breach Third-Party Service Provider Compromise 119

Fintech News

SEPTEMBER 1, 2024

The bank assured that customer funds were not affected during the service disruption, and no customer data was compromised. Customers encountered challenges accessing their accounts and conducting online transactions. ATM and card services was said to have remained fully functional throughout the incident.

Online and Mobile Banking 124

Online and Mobile Banking ATM Compromise Mobile Banking 124

Finovate

MARCH 19, 2025

The collaboration will help banks, fintechs, and financial institutions enhance fraud prevention without compromising the user experience. Core banking provider Tuum and verification platform Sumsub announced a partnership this week. Tuum won Best of Show in its Finovate debut at FinovateEurope 2024 in London.

Fraud Prevention 96

Fraud Prevention Fraud Detection Payment APIs and Integration Verification 96

The Fintech Times

MARCH 28, 2025

Zimmerman also added: “By addressing common challenges or slowdowns in the ordering processes, we’re helping our clients minimise the strain on A/R teams and grow their business, without compromising the quality of the buying experience.”

B2B 64

B2B Reconciliation Duplicate Compromise 64

Finovate

FEBRUARY 20, 2025

“Our partners at Live Oak Bank are committed to delivering the best solutions without compromise. . “We are proud to partner with Live Oak, a bank led by visionary leaders, offering modern, connected banking services for its customers,” Finzly founder and CEO Booshan Rengachari said.

FedWire 114

FedWire ISO 20022 ISOs Payment APIs and Integration 114

The Fintech Times

MARCH 10, 2025

By launching the solution, which removes the need for manual entry – a common source of errors and a vulnerability exploited by fraudsters seeking to compromise sensitive card information – Visa aims to promote the use of digital wallets in Egypt while also bolstering security in the region.

Digital Payments 69

Digital Payments Security Credential CHIPS 69

FICO

FEBRUARY 16, 2023

For 2022, we saw a significant increase in compromised cards resulting from skimming activity. Total compromise cards were up 368% from 2021, with more than 161,000 impacted cards identified — nearly a 5x increase over 2021. Now that we have data from the entire year to review, we are seeing the alarming trend continue.

Compromise 98

Compromise Debit Card Scams Smishing 98

NACHA

MARCH 17, 2024

HERNDON, Virginia, March 18, 2024 – Nacha members have approved a set of rules intended to reduce the incidence of frauds, such as business email compromise (BEC), that make use of credit-push payments. The new rules establish a base-level of ACH payment monitoring on all parties in the ACH Network (except consumers).

Credit Push 121

Credit Push NACHA Nacha Rules Rules 121

Fintech News

FEBRUARY 2, 2025

By addressing the opportunities and challenges posed by these innovations, Pathway 2035 sparks the dialogue for progress without compromising security or trust. Origins and Collaborative Development Pathway 2035 builds on the BIS working paper Finternet: The Financial System for the Future , co-authored by A.

Innovation 131

Innovation Finance AI Encryption 131

VISTA InfoSec

OCTOBER 21, 2024

The added anonymity provided by such wallets can help prevent phishing and other humancentric attacks that could compromise your funds or personal data. This can make it more difficult for hackers to trace transactions back to you. Fortunately, most wallet developers take malicious actors seriously.

Cryptocurrency 162

Cryptocurrency Multifactor Authentication MFA Compromise 162

Fintech News

OCTOBER 21, 2024

Both platforms utilise federated learning, allowing for shared insights without compromising data privacy. The company also operates the AFC Ecosystem, a collaborative platform where industry experts work together to improve crime detection models.

Financial Crimes 136

Financial Crimes Security Crime Cross-Border Payments 136

PYMNTS

FEBRUARY 1, 2021

40 legitimate email accounts of company executives have been compromised in a phishing campaign targeting businesses , according to Gov Info Security reports. At the same time, as this week's B2B Data Digest reveals, fraud can come from many sources, not only outside of the enterprise.

Data Breach 136

Data Breach Breach Business Email Compromise Scams 136

VISTA InfoSec

SEPTEMBER 5, 2024

In addition, insider threats pose significant risks, as employees may inadvertently or maliciously compromise sensitive information. These tactics can have destructive effects on an organization, leading not only to financial losses but also to a compromise of client trust and brand reputation.

Security 130

Security Phishing Ransomware Risk Assessment 130

VISTA InfoSec

OCTOBER 21, 2024

In addition, insider threats pose significant risks, as employees may inadvertently or maliciously compromise sensitive information. These tactics can have destructive effects on an organization, leading not only to financial losses but also to a compromise of client trust and brand reputation.

Security 130

Security Phishing Ransomware Risk Assessment 130

PYMNTS

DECEMBER 28, 2020

In this week's B2B Data Digest, PYMNTS breaks down the numbers behind the latest cases of fraud, including the growing risks of small business loan fraud, a case of expense fraud, and the ever-persistent Business Email Compromise risk intensified by Brexit uncertainty.

B2B 116

B2B Email Compromise NACHA Small Business 116

The Finance Weekly

JANUARY 5, 2025

These chatbots are popular in the finance sector because they improve customer service, enhance operational efficiency, and scale interactions without compromising quality. Todays chatbots use natural language processing (NLP) and machine learning (ML) to engage in human-like conversations and handle complex queries seamlessly.

AI 130

AI Finance Automation Non-Bank 130

Fintech Finance

MARCH 28, 2025

These configurations equip individuals with the ability to test compromised payment information and login credentials with minimal technical expertise. Generational data reveals a concerning trend: younger consumers are significantly more likely to engage in payment fraud.

Consumer 55

Consumer Alternative Payment Methods Participant Debit Card 55

The Fintech Times

NOVEMBER 11, 2024

With MX’s integration into our API, we’re empowering consumers and small business owners to better manage their financial lives without compromising the security and transparency they expect from American Express.”

Security 59

Security Credential API Privacy 59