Fintech Finance

AUGUST 28, 2024

However, this increase in digital payments also brings about heightened risks – almost one in five consumers surveyed has fallen prey to online identity theft. The shift to mobile is primarily driven by biller and bank mobile apps and digital wallets like Apple Pay and Google Pay.

Identity Theft 105

Identity Theft Online and Mobile Banking Consumer Payments Trends 105

Fi911

MAY 7, 2024

Alternatively known as the MATCH List, seeks to safeguard banks from extending acquiring services to high-risk enterprises. In certain circumstances, such as excessive chargebacks, data breaches, fraudulent activities, or violation of regulations, a merchant’s account may be terminated. This blacklist is maintained by Mastercard.

PCI DSS 92

PCI DSS Processors Compromise Identity Theft 92

Stax

AUGUST 20, 2024

TL;DR Embedded finance integrates financial services into non-financial business processes, while embedded fintech integrates fintech solutions into the processes of an institution in the finance industry. This is because most embedded finance solutions are provided by traditional banks. However, they’re two different concepts.

Embedded Finance 88

Embedded Finance Finance FinTech Payment APIs and Integration 88

Stax

JANUARY 28, 2025

Enhanced securitytokenization and two-factor authentication reduces the risk of data breaches As we mentioned earlier, Click to Pay uses a data security approach called tokenization to protect sensitive financial data from malevolent actors. The original sensitive data is still secured and hidden in an external data bank.

Payment APIs and Integration 68

Payment APIs and Integration Online and Mobile Banking Payment Gateways Gateways 68

Stax

JULY 16, 2024

If merchants are exposed to security vulnerabilities when processing digital payments, the risk of cardholder data falling into the wrong hands increases exponentially. security requirements are. PCI DSS is a set of protocols to be followed by companies that store, process, and transmit cardholder data.

PCI DSS 88

PCI DSS Compliance Credit Cards Encryption 88

PYMNTS

JULY 31, 2019

consumers are afraid hackers might access their personal, credit card or financial information, and that 67 percent were afraid of identity theft. These figures considerably outweighed those of non-digital crimes like burglary and car theft, which came in at 40 percent and 37 percent, respectively. .

Credit Union 49

Credit Union AI Identity Theft Money Laundering 49

Stax

AUGUST 22, 2024

They always seem to adapt and evolve their techniques even when security measures are in place. Identity theft, data breaches, and chargeback fraud are some of the most common types of risks. They also need to have strong data security protocols in place.

Risk Management 88

Risk Management Risk Regulatory Compliance Due Diligence 88