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Strengthening Payment Security: Government Fraud Detection for Compliance Managers and Auditors

Core

City and county government institutions bear the responsibility of careful management—and protection—of public funds. With secure payment systems in place, your institutions can bolster stewardship of public resources, ensuring funds are used effectively and for their intended purpose.

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Visa and TECH5 Team Up to Advance Global Digital Government Ecosystems

The Fintech Times

Digital payments company Visa has teamed up with TECH5, a biometrics and digital identity management company, to focus on the development and enhancement of digital government ecosystems on a global scale. ” The post Visa and TECH5 Team Up to Advance Global Digital Government Ecosystems appeared first on The Fintech Times. .

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Government Payment Service Leaks Data On 14M Customers Online

PYMNTS

Government Payment Service , the company that enables online payments for thousands of U.S. state and local governments, has inadvertently made available information on more than 14 million customers from as long as six years ago.

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7 Best Practices for Preventing Government Fraud in Payments

Core

As pillars of the public, government organizations contribute to the stability and functionality of society, ensuring citizens receive necessary support, protection, and opportunities for growth. Digital payments are now an integral piece of the government financial landscape. Here are some key insights.

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Hackers Hit Local Government Payment Sites

PYMNTS

A security firm has revealed that a payment portal used for local government services, such as paying for utilities and permits, has been targeted by hackers. The self-hosted Click2Gov’s servers — operated by local governments across the U.S. — were breached, most likely, through a vulnerability in the portal’s web server.

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Visa announces strategic collaboration with TECH5 to Advance Digital Government Ecosystems

Fintech Finance

a world leader in digital payments and TECH5 , an innovator in the field of biometrics and digital identity management, have signed a strategic collaboration agreement focusing on the development and enhancement of digital government ecosystems on a global scale. Visa Inc.,

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The Benefits and Challenges of a Government ERP Payment System

Core

With the ever-growing shift toward digital transactions, the need for governments to implement more extensive front- and back-end system integration is clear. The presence of outdated legacy and manual, error-prone payment processing systems only underscores this reality.