Fintech News

FEBRUARY 17, 2025

This allows scammers to fraudulently provision stolen card credentials onto their mobile wallets for unauthorised contactless transactions. Authorities are working with banks, mobile wallet providers (Apple Pay, Google Pay, Samsung Pay), and card service providers (Visa, Mastercard) to tighten security measures.

Phishing 104

Phishing Scams Online and Mobile Banking Credential 104

The Payments Association

JANUARY 22, 2025

This increased digital dependency has raised the need for secure access and quick and easy identity verification online. Still, they also expose new data privacy and security challenges due to the increasingly complex threat landscape. Security does allow passengers to opt out of any biometric identification.

Security 88

Security Online and Mobile Banking Credential Verification 88

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

VISTA InfoSec

JUNE 19, 2024

Despite these benefits, video communication has security risks, including the following: Phishing Attacks These attacks often manifest as seemingly legitimate emails, messages, or links, leading unsuspecting users to fraudulent websites. Choose platforms that provide regular security updates and patches to address emerging vulnerabilities.

Risk 277

Risk Ransomware Phishing MFA 277

NFCW

MARCH 13, 2025

” “The TW DIW will allow individuals to securely store their digital credentials, such as Citizen Digital Certificates, National Health Insurance (NHI) Cards, and Drivers Licenses,” it adds.

Credential 105

Credential Adjustments SWIFT Verification 105

NFCW

MARCH 6, 2025

“The Arkansas Mobile ID is a contactless, highly secure, state-approved credential that resides on a smartphone,” the state’s Department of Finance and Administration (DFA) says. It empowers the citizen and ensures a state-issued credential is consistently accessible.

Law Enforcement 98

Law Enforcement Credential Laws Participant 98

The Fintech Times

NOVEMBER 11, 2024

American Express and MX Technologies have formed an API-powered data access agreement, enabling secure connections between American Express accounts and third-party financial institutions or fintech apps. The post American Express Partners with MX to Enhance Secure Digital Banking Options appeared first on The Fintech Times.

Security 59

Security Credential API Privacy 59

VISTA InfoSec

JUNE 19, 2024

The DPH said the incident took place between February 19-20, 2024, was caused by a gang of cyber criminals who gained access to the log-in credentials of email accounts of 53 employees through a phishing email. It has also begun training all its employees in email security, especially inbound emails.

Data Breach 264

Data Breach Breach Phishing Credential 264

Fintech News

NOVEMBER 24, 2024

Finastra spokesperson Sofia Romano revealed that the company first detected “suspicious activity” on 7 November, specifically within an “internally hosted Secure File Transfer Platform (SFTP).” ” The hacker selling the data alleges it originated from IBM Aspera, a widely used file-transfer software.

Breach 114

Breach Compromise Data Breach Credential 114

Fintech Finance

FEBRUARY 6, 2025

FXellence , a provider of fast, simple, and secure international business payments, has announced the launch of its new cross-border payment platform for businesses, FXellence International Payments, powered by Currencycloud , a Visa Direct offering.

Cross-Border Payments 90

Cross-Border Payments Cross-Border Payment Solutions Credential 90

The Fintech Times

MARCH 16, 2025

Millions of US citizens will now be able to purchase cryptocurrencies through the COCA platform and securely store them using multi-party computation (MPC) technology. In addition to strong security, US consumers who purchase crypto through COCA Wallet will be rewarded for early adoption, receiving three per cent cashback in COCA tokens.

Security 59

Security NFTs Cryptocurrency Multi-Currency 59

Fintech News

JANUARY 13, 2025

The National University of Singapore (NUS) has partnered with Northern Trust and UOB to launch a first-of-its-kind initiative that uses blockchain technology to track green bond credentials. This move aims to increase transparency and trust in ESG (environmental, social, and governance) reporting within the financial sector.

Blockchain 117

Blockchain Credential Finance Agreements 117

Fintech Review

NOVEMBER 28, 2024

Dubai, UAE, November 28th, 2024, Chainwire Serenity , a tech and blockchain solution provider, and IDEMIA Secure Transactions (IST), a global leader in payment and connectivity solutions, announced the launch of sAxess , a biometric security card to improve data access control, security, and recovery.

Security 52

Security Transactions Privacy Data Security 52

VISTA InfoSec

APRIL 5, 2024

Furthermore, complementing it with a managed security service provider (MSSP) ensures IT systems are secure and protected from malicious software threats. Data privacy and security Protecting your data and taking preventive measures to keep it away from fraudsters is important in the era of remote work. Recovery cost.

Best Practices 278

Best Practices Business Continuity Continuity Compromise 278

Fintech News

NOVEMBER 5, 2024

Payment giant Mastercard is accelerating and securing online transactions in Asia Pacific by eliminating the need for one-time passwords (OTPs) with its enhanced Mastercard Payment Passkey service. This enables shoppers to complete guest checkouts without storing card details, offering enhanced security against fraud.

APACS 107

APACS Visa Security Authentication 107

The Fintech Times

JANUARY 8, 2025

Through the use of its address verification technology, iDenfy hopes to set a new standard for reliability and security, helping businesses combat fraud and prevent document forgery more effectively. “Our new approach ensures that applicants cannot tamper with their address verification,” he explained.

Verification 59

Verification Addressing Fraud Prevention Credential 59

VISTA InfoSec

FEBRUARY 25, 2024

This guide makes sensitive cybersecurity concepts approachable to enable smarter decisions in securing your systems against catastrophe. They take advantage of vulnerable software, stolen credentials, tricked employees, business partner access, unencrypted transfers, and even insider threats to penetrate networks.

Data Breach 272

Data Breach Breach Multifactor Authentication Cybersecurity 272

The Fintech Times

JUNE 26, 2024

Promon, a provider of mobile app security solutions, has named the first-of-its-kind malware ‘Snowblind’ It makes use of a novel attack vector, exploiting functionalities in the Android operating system to bypass anti-tampering mechanisms.

Security 111

Security Cybersecurity Credential Compromise 111

Fintech News

APRIL 22, 2024

While this digital transformation offers undeniable convenience, it also introduces new challenges to mobile security in Indonesia Malware and phishing attacks pose a significant threat to the integrity and security of financial platforms, jeopardising both user data and financial security.

Phishing 117

Phishing Security Blocks Cybersecurity 117

The Fintech Times

JUNE 3, 2024

Payments giant, Mastercard has achieved a new milestone in its crypto endeavour as its Crypto Credential offering, first announced at Consensus 2023, has officially gone live. This allows them to enable blockchain transactions simply and securely between Latin American and European corridors.

Credential 64

Credential Visa Cross-Border Travel Rule 64

Fintech Finance

MARCH 27, 2025

The app turns any eligible Android device into a secure contactless payment acceptance device with no additional hardware or setup required. Businesses can download the Cloud Commerce app from Google Play, log in with their NMI Gateway credentials, and immediately start accepting payments. NMI is the first in the U.S.

Visa 64

Visa Gateways Contactless Payments Credential 64

VISTA InfoSec

JUNE 3, 2024

Data should be handled securely and confidentially to prevent unauthorized access. One of the fundamental principles of GDPR is to ensure the security and confidentiality of personal data. Weak or compromised passwords are often the weak link in an organization’s security chain, providing an easy entry point for cybercriminals.

MFA 130

MFA Credential PCI DSS Compliance 130

VISTA InfoSec

MAY 23, 2024

It is an important part of infrastructure-as-code (IaC) management and something organizations need to be familiar with as they secure their cloud environments and the apps they develop. Network resources are usually the security groups managed in Terraform. These can lead to a host of dangerous consequences and disrupt operations.

Compromise 288

Compromise Database Best Practices Shutdown 288

PYMNTS

JUNE 29, 2020

Open banking is one of the most significant emerging trends in the financial industry, allowing banks and FinTechs to share financial data in a quick, easy and secure manner across a network of platforms. Security Risks Facing Open Banking. Securing Open Banking Systems. There were 85.42

MFA 96

MFA Risk Security API 96

The Fintech Times

NOVEMBER 6, 2024

These include: Visa Flexible Credential – This enables a single card product to toggle between payment methods. Click to Pay – Enables consumers to complete online transactions within a few clicks, powering a more seamless and secure checkout experience at scale.

Product 101

Product Cross-Border FinTech Cross-Border Payments 101

PYMNTS

OCTOBER 19, 2020

19) announced that its Sigma Instant Desktop Issuance product will set “the standard for simple, secure and smart instant-ID solutions across enterprise, healthcare, government, higher education and financial institutions (FIs)." One challenge for companies is maintaining “a safe and secure flow of data ?

Security 98

Security Payment Security Credit Cards Credential 98

PYMNTS

JANUARY 14, 2020

In financial services, demand for ease of use and security are sky-high, even for business customers. But cloud migrations are often complex, particularly when it comes to remaining compliant with the mounting regulatory initiatives designed to address growing security risks in the financial services arena.

Security 101

Security PCI DSS Compromise Service Provider 101

Fintech News

AUGUST 12, 2024

Here are the eight selected startups: Edubuk A platform for global academic and professional credentials verification, using blockchain and AI to streamline background checks. PeerHive A decentralised lending platform that integrates traditional finance with blockchain, offering secure and transparent lending opportunities.

Blockchain 139

Blockchain Credential Verification AI 139

PYMNTS

AUGUST 11, 2020

Spreedly , which works in accelerating global commerce via a secure, flexible platform for any payment type, has announced Christopher Hudel as chief information security officer (CISO), according to a press release. He said the opportunity is a good one because of the numerous ways the company meets payments and security needs.

Security 88

Security Best Practices Cybersecurity Credential 88

Payments Source

AUGUST 12, 2020

ACH network steward Nacha says Visa has been added to its list of partners for a payment information exchange it is creating to help credentialed service providers share and manage electronic payments information for faster and more secure processing.

NACHA 118

NACHA Phixius ACH Network ACH 118

NFCW

JANUARY 9, 2024

The new Baylor Digital ID “allows students, faculty and staff to navigate campus securely and with ease using their smartphone or watch to make purchases, access their meal plan, attend events, check in to class and more,” the university says.

Credential 126

Credential Participant Checks Security 126

EBizCharge

FEBRUARY 26, 2025

Understanding credit card processing in NetSuite NetSuite credit card payment processing allows businesses to securely process customer payments by integrating with payment gateways and merchant accounts, enabling seamless transactions for online, in-store, and invoice-based sales. Compatibility is key for smooth payment workflows.

Credit Cards 52

Credit Cards Process Payment APIs and Integration Payment Gateways 52

VISTA InfoSec

DECEMBER 19, 2024

The Society for Worldwide Interbank Financial Telecommunication (SWIFT) provides secure and reliable communication networks for over 11500 connected financial institutions to facilitate cross-border payments and securities transactions. What is SWIFT CSP, and why it was introduced?

SWIFT 173

SWIFT Cybersecurity PCI DSS Compliance 173

Clearly Payments

NOVEMBER 6, 2024

What is the Payment Processing Market The payment processing market is an ecosystem that enables the secure, efficient transfer of funds from customers to merchants for goods and services. They require secure systems like point-of-sale (POS) terminals , online checkout gateways, or mobile payment solutions to process payments.

Process 105

Process ISOs Credit Cards Online and Mobile Banking 105

PYMNTS

AUGUST 5, 2020

Tim Horton , head of global merchant security and fraud solutions at Fiserv , told a recent PYMNTS Masterclass that online purchases have more than doubled year on year in the general retail segment, while online grocery sales have surged by 250 percent. Consumers inject little data into the transaction when they pay in-store with cards.

Security 106

Security Account Takeovers Laws Consumer 106

Fintech Finance

MARCH 28, 2025

Sift , the AI-powered fraud platform securing identity trust for leading global businesses, today released its Q1 2025 Digital Trust Index. These configurations equip individuals with the ability to test compromised payment information and login credentials with minimal technical expertise.

Consumer 59

Consumer Alternative Payment Methods Participant Debit Card 59

The Fintech Times

MAY 17, 2024

Today we unveiled new card features and digital innovations that will bring consumers into a more customised, convenient and secure future.” Visa Flexible Credential A Visa study found that more than half of card users want the power to access multiple accounts through a single credential.

Product 128

Product Consumer Online and Mobile Banking RTP 128