The Fintech Times

SEPTEMBER 24, 2024

When it comes to cybersecurity, the topic of data protection and privacy is arguably one of the most important. With this in mind, we set out to find out how regtech is enabling more robust data protection and privacy compliance. ” The post How is Regtech Enabling More Robust Data Protection and Privacy Compliance?

Privacy 107

Privacy Compliance PCI DSS Rules 107

Finextra

OCTOBER 22, 2024

Nazarov announced the launch of two key privacy-focused tools: the Blockchain Privacy Manager and CCIP Private Transactions, designed to ensure secure, private transactions across multiple blockchains.

Interoperability 98

Interoperability Privacy Blockchain Settlement 98

Payments Source

JULY 13, 2020

A class action asserts that the data aggregator accesses more of consumers' bank account information than it needs and ultimately aims to sell the data to others. Plaid, which has agreed to be sold to Visa, denies the allegations.

Privacy 164

Privacy Accounts Consumer Rules 164

Finextra

JANUARY 25, 2024

The UK Government has vowed to pass primary legislation guaranteeing user privacy in the event of a future digital pound

Privacy 100

Privacy Consulting Government Governance 100

The Payments Association

OCTOBER 14, 2024

To rethink the assumptions behind CBDC proposals and push for more privacy-oriented innovative solutions Many central banks and financial authorities worldwide are experimenting with central bank digital currency (CBDC), including the European Central Bank, the US Federal Reserve, and the Bank of England, among others. What’s next?

Privacy 88

Privacy Addressing CBDC Payer 88

Segpay

DECEMBER 13, 2024

The rise of data privacy concerns has led to a surge in global regulations, such as the EU General Data Protection Regulation (GDPR) and the California Consumer Privacy Act (CCPA), which are drafted to protect peoples individual data protection rights. Africa and Asia show different levels of adoption with resp.

Privacy 59

Privacy Compliance CCPA Authentication 59

Finextra

DECEMBER 11, 2023

How can financial institutions maintain the expectations of cardholders when it comes to data management, privacy, and transparency? Why is trust critical in the realm of digital payments?

Privacy 98

Privacy Consumer Digital Payments Payments 98

Fintech Finance

JUNE 13, 2024

EBANX , a global technology company specializing in payment services for emerging markets, has achieved the top international certification for Privacy Information Management Systems (PIMS), ISO/IEC 27701:2019. This certification ensures that the best practices available in the market for protecting data privacy are being strictly followed.

ISOs 81

ISOs Privacy Best Practices Compliance 81

Finextra

NOVEMBER 11, 2024

On-chain privacy and advancements in identity management will be crucial to unlocking the potential of blockchain technology and asset tokenisation in financial markets, according to a JP Morgan white paper.

Privacy 80

Privacy Blockchain Technology 80

Fintech Finance

JULY 10, 2024

Top concerns over security (60%) and privacy (41%) were closely followed by considerations for speed (38%) and efficiency (34%). Security, privacy, speed and efficiency are all offered by Open Banking payments – above and sometimes beyond the capabilities offered by other payment methods.

Privacy 94

Privacy Consumer Security Payments 94

VISTA InfoSec

MAY 12, 2024

It focuses on controls related to security, availability, processing integrity, confidentiality, and privacy of data. Understanding SOC 2 Type 2 Attestation SOC 2 Type 2 is a widely recognized auditing standard developed by the American Institute of CPAs (AICPA).

PCI DSS 269

PCI DSS Compliance Security ISOs 269

VISTA InfoSec

APRIL 5, 2024

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. The following are some of the consequences when data privacy and security are compromised: Productivity loss. Operational interruption happens when cybersecurity is breached.

Best Practices 278

Best Practices Business Continuity Continuity Compromise 278

VISTA InfoSec

OCTOBER 21, 2024

A Data Protection Officer (DPO) can be called as an ally for organizations that deals with large amount of Privacy related data in its core operation. Expertise to assess and mitigate data privacy risks to ensure the organization remains protected from breaches.

CCPA 178

CCPA Privacy Assessments Laws 178

VISTA InfoSec

JUNE 19, 2024

However, this convenience comes with significant cyber risks that can compromise sensitive information and privacy. Conclusion Securing your video communication platforms is essential to protect sensitive information and ensure privacy. Common Cyber Risks in Video Communication Video communication offers numerous benefits.

Risk 275

Risk Ransomware Phishing MFA 275

Payments Dive

AUGUST 31, 2023

"We look forward to working closely with other OWF members to advocate for solutions that ensure we’re building a privacy-forward wallet for everyone,” Google Wallet Vice President Jenny Cheng said.

Privacy 174

Privacy 174

Finextra

NOVEMBER 3, 2024

The rise of large language models (LLMs) and other AI systems has created an insatiable demand for

Privacy 105

Privacy AI 105

Payments Dive

JUNE 20, 2023

The bills introduced last week aim to protect Americans’ right to use cash, and to address privacy concerns regarding a cashless economy.

Privacy 167

Privacy Economy Addressing 167

VISTA InfoSec

JUNE 26, 2024

In addition, there’s a need for information security measures to protect the integrity and privacy of data and operational security. Therefore, a strong cybersecurity posture can attract and retain customers who are increasingly concerned about the privacy and security of their information.

Cybersecurity 256

Cybersecurity Due Diligence Security Breach 256

Finextra

NOVEMBER 11, 2024

On-chain privacy and advancements in identity management will be crucial to unlocking the potential of blockchain technology and asset tokenisation in financial markets, according to a JPMorgan white paper.

Privacy 59

Privacy Blockchain Technology 59

VISTA InfoSec

OCTOBER 21, 2024

Data breaches, cyberattacks and misuse of personal information are severe threats challenging the privacy of customer’s data, they can not only damage a company’s reputation but can also lead to heavy fines if compromised. This was part of its broader aim to strengthen data protection and privacy for individuals within the EU.

CCPA 130

CCPA Privacy Laws Data Breach 130

Fintech News

DECEMBER 10, 2024

The partnership will leverage advanced AI and federated learning techniques combined with privacy-enhancing technologies (PETs) and Trusted Execution Environments (TEEs). This will enable collaborative intelligence without compromising the privacy or security of sensitive financial data.

SWIFT 95

SWIFT AI Innovation Fraud Detection 95

Fintech News

SEPTEMBER 10, 2024

Regarding data privacy concerns, the Personal Data Protection Commission (PDPC) has emphasized the importance of robust data protection measures for organisations handling biometric data, including technologies like iris scanning, which Worldcoin uses.

Privacy 108

Privacy Money Laundering Breach Authorization 108

Fintech Finance

DECEMBER 11, 2024

The partnership: Google Cloud and Swift Google Cloud is collaborating with Swift along with technology partners including Rhino Health and Capgemini to develop a secure, privacy-preserving solution for financial institutions to combat fraud. This is a global epidemic that demands a collaborative effort to achieve meaningful change.

SWIFT 95

SWIFT AI Cross-Border Payments Privacy 95

Finextra

FEBRUARY 9, 2024

The Nordic region has been at the vanguard of innovation across payments for decades, but is that the case in 2024? NextGen Nordics 2024 - a leading conference led by Finextra Research held in Stockholm on 23 April 2024 - will procure an answer to this question from experts hailing from Denmark, Finland, Iceland, Norway and Sweden.

Privacy 109

Privacy AI Research Innovation 109

VISTA InfoSec

SEPTEMBER 14, 2023

This extensive data privacy regulation has an impact on many U.S. The GDPR has a considerable influence on data privacy globally, but what does it mean for the US? We will examine the effects of GDPR in the US and how businesses can adhere to this European privacy law. entities due to its extraterritorial reach. GDPR and U.S.

Compliance 130

Compliance Privacy Legal Processors 130

The Fintech Times

AUGUST 10, 2024

The system leverages financial-specific GPT to process diverse data types such as customer service records, images, and forms, while integrating with internal access control systems to protect privacy and data security.

Cybersecurity 119

Cybersecurity Compliance AI Privacy 119

VISTA InfoSec

MARCH 28, 2024

Always provide clear, easily understandable privacy policies, and obtain explicit consent before collecting personal information. Adhering to compliance might involve appointing a data protection officer, conducting impact assessments for new projects, and understanding the rights of individuals regarding their data.

Data Breach 277

Data Breach Regulatory Compliance Breach Encryption 277

Fintech News

DECEMBER 10, 2023

In addressing potential privacy and security concerns associated with facial recognition technology, Mastercard has highlighted its framework that ensures biometric data is not stored on devices, emphasising the importance of data security and consumer privacy.

Visa 127

Visa Privacy Adjustments Data Security 127

Segpay

OCTOBER 17, 2024

Enhanced Privacy: This method requires less personal data collection compared to user-based verification. Data Privacy : User-based verification collects and stores more personal data, which can raise privacy concerns. Some countries and regions already encourage privacy-friendly age verification.

Verification 92

Verification Privacy Laws Compliance 92

VISTA InfoSec

SEPTEMBER 28, 2023

Until then, businesses should adhere to existing Indian privacy laws, primarily the Sensitive Personal Data or Information Rules (SPDI) 2011. These measures ensure lawful, transparent processing of personal data while maintaining privacy. To achieve a detailed understanding of the DPDP, please refer to our previous blog post.

Privacy 130

Privacy Audit Data Breach Breach 130

VISTA InfoSec

APRIL 12, 2024

This is particularly vital for businesses handling sensitive customer information, necessitating strict privacy law adherence and further emphasizing the multifaceted role of proxies in cybersecurity. They enhance performance, ensure privacy, and enable access to information, playing a vital role in the digital landscape.

Cybersecurity 130

Cybersecurity Best Practices Encryption Privacy 130

Fintech Finance

JULY 24, 2024

At PayU GPO, Simona will be working with the privacy, compliance, risk, and security teams as the second line, providing greater transparency to the wider business to make informed decisions about product development. Simona Covaliu, Chief Risk Officer comments: “I’m excited to be taking on a new challenge at PayU GPO.

Risk 98

Risk Privacy Compliance Regulatory Compliance 98

Fintech News

JUNE 2, 2024

The group will employ secure data collaboration and federated learning technologies, enabling financial institutions to exchange relevant information while maintaining strong privacy controls. Swift’s AI anomaly detection model will analyse this enriched dataset to identify potential fraud patterns.

Cross-Border Payments 125

Cross-Border Payments Cross-Border SWIFT AI 125

Fintech Finance

OCTOBER 14, 2024

“Using the technology behind a payment card, our solutions will allow our partners to seamlessly verify that a consumer meets the criteria for certain goods and services while protecting their privacy. Doing so eliminates the often cumbersome task of uploading documents like photo ID, proof of residency or passport.

Verification 105

Verification Visa Privacy Issuers 105

Fintech News

JANUARY 23, 2024

Project Aurum , also from the Hong Kong Centre, has entered a new phase focused on the privacy aspects of retail CBDCs. This project is a joint effort with the Hong Kong Monetary Authority (HKMA) and is part of ongoing research into the development of CBDC systems, considering privacy concerns.

Innovation 121

Innovation Cross-Border Payments CBDC Finance 121

Segpay

OCTOBER 22, 2024

Privacy-Friendly Cryptographic Security in Compliance with the Law Resistance to traditional ID-based age verification is growing. While user ID-based methods remain effective and compliant, they are often seen as invasive and raise privacy concerns. These solutions aim to balance security, user-friendliness, and privacy protection.

Verification 82

Verification Blockchain Privacy Encryption 82

VISTA InfoSec

SEPTEMBER 26, 2023

The penalties outlined in the table below underscore the Indian government’s steadfast commitment to data privacy. As we journey through the digital world, it’s crucial to uphold the tenets of data protection and privacy. Let us help you turn data protection and privacy into a strategic advantage. 5 - (4 votes)

Compliance 130

Compliance Breach Privacy Mitigation 130