Innovative Payments Association

JULY 25, 2024

With the rise of cybersecurity threats and data breaches, compliance regulations play a vital role in building trust between consumers, financial institutions, and third-party service providers.

Boot Camp 52

Boot Camp Compliance Innovation Third-Party Service Provider 52

The Fintech Times

NOVEMBER 5, 2024

Driving financial inclusivity in Bahrain Now, Spire is working with Salt Edge to introduce Corporate Banking APIs to enable third-party service providers to create new, business-aligned products and solutions such as advanced financial management tools, automated payment solutions, and data-driven insights.

Accounts 62

Accounts Third-Party Service Provider Financial Inclusion API 62

PYMNTS

JUNE 12, 2020

As more organizations migrate to an online business model, their needs from FinTechs and other third-party service providers are in flux. This week’s B2B Venture Capital roundup reflects those changing needs, with B2B fraud mitigation efforts for online businesses emerging as the funding leader.

Global Payments 57

Global Payments B2B Third-Party Service Provider Mitigation 57

Third Party Payment Processors Association

JUNE 2, 2021

Although this case is directly related to the Collections industry, it has great significance to the TPPPA members and their customers, as it threatens to link the usage of third-party service providers to consumer data privacy.

Third-Party Service Provider 40

Third-Party Service Provider Processors Privacy Service Provider 40

The Paypers

FEBRUARY 8, 2022

Switzerland-based digital payments solutions provider Netcetera has become a UnionPay certified Third Party Service provider and is fully compliant with the UnionPay card network.

Third-Party Service Provider 36

Third-Party Service Provider Acquirers Payment Solutions Digital Payments 36

Fintech News

NOVEMBER 10, 2024

In particular, the report notes that attackers are increasingly targeting third-party service providers such as cloud storage providers, file transfer services, and remote software providers, to maximize their impact and access a larger number of customers accounts at once.

Ransomware 95

Ransomware Scams Data Breach AI 95

Payments Source

APRIL 27, 2016

An organization could go to great lengths to protect its internal network only to have all that effort undone by its third party service provider failing to take proper security measures.

Third-Party Service Provider 71

Third-Party Service Provider Checks Risk Service Provider 71

The Fintech Times

JULY 5, 2024

The principles would supersede the current guidance on outsourcing in financial services with respect to the banking system. The updated principles reflect the evolution of a larger and more diverse environment of third-party service providers and would help provide a common baseline for banks and supervisors in managing third-party risks.

Consulting 70

Consulting Third-Party Service Provider Adjustments Stablecoins 70

The Paypers

JULY 28, 2020

China-based financial services company UnionPay has announced that Vaulsys will becomes a Third Party Service Provider of UnionPay International.

Third-Party Service Provider 28

Third-Party Service Provider Service Provider Payments 28

EBizCharge

JULY 19, 2024

Yes, outsourcing payment processing to a PCI-compliant third-party service provider can help reduce your PCI scope and responsibilities. You must ensure the third party maintains compliance and appropriately manages cardholder data. Can outsourcing help with PCI compliance?

PCI DSS 52

PCI DSS Compliance Credit Cards Third-Party Service Provider 52

PYMNTS

JULY 27, 2020

In a blog post, Dave blamed the data breach on Waydev, a former third-party service provider. According to the FinTech, the “malicious party” gained access to user passwords “stored in hashed form using bcrypt , an industry-recognized hashing algorithm.”.

Data Breach 98

Data Breach Breach FinTech Third-Party Service Provider 98

Fintech Finance

JANUARY 24, 2024

The RTP network was built for financial institutions of all sizes and serves as a platform for innovation allowing financial institutions to deliver new products and services to their customers. The post Mastercard and The Clearing House extend partnership on real-time payments appeared first on Fintech Finance.

Real Time Payments 52

Real Time Payments RTP Visa Instant Payments 52

PYMNTS

DECEMBER 17, 2019

Yet both of these strategies require a third-party service provider to facilitate payment processing, whether funds are coming in via check or ACH. Again, third-party service providers play an important role in alleviating ACH friction for companies.

ACH 52

ACH B2B Third-Party Service Provider ACH Processing 52

PYMNTS

JANUARY 17, 2019

The exchange’s APIs will span product offerings and service offerings such as deposits, foreign currency exchange, insurance and loan offerings — and will also include safe deposit boxes, branch and ATM services that are part of general banking operations.

API 53

API Cross-Border Payments Payment APIs and Integration Cross-Border 53

PYMNTS

DECEMBER 31, 2020

Some may take the time and effort to build direct connections into a new payment rail system while others may seek to reduce their workloads by selecting third-party service providers to facilitate that connectivity for them. Banks and CUs have options for how they make these upgrades.

RTP 67

RTP Real Time Payments Faster Payments Third-Party Service Provider 67

VISTA InfoSec

OCTOBER 20, 2023

Establish an ePHI Communication Strategy: Create a communication plan to inform key stakeholders (like healthcare professionals, management, patients, and third-party service providers) in the event of an ePHI disaster. The plan should outline: How will communication occur?

Disaster Recovery 130

Disaster Recovery Regulatory Compliance Procedures Duplicate 130

PYMNTS

SEPTEMBER 26, 2019

Earlier this month, we became aware of unusual activity involving a third-party service provider,” the company wrote in a blog post. “We We were subsequently able to determine that an unauthorized third party accessed some DoorDash user data on May 4, 2019.

Breach 62

Breach Third-Party Service Provider Data Breach Credential 62

PYMNTS

JANUARY 13, 2020

Federation of Small Businesses (FSB) has released the results of a survey of small to medium-sized businesses’ (SMBs) embrace of open banking two years since the framework took hold and discovered that SMBs continue to distrust lenders. According to reports Monday (Jan.

Third-Party Service Provider 52

Third-Party Service Provider Small Business FinTech Payroll 52

PYMNTS

JULY 9, 2020

Under the FCA’s new rules, payment providers and electronic money issuers must maintain records of all funds received and maintain a “safeguarding account” for customer money, the news outlet reported. .

Rules 67

Rules Third-Party Service Provider Money Laundering Regulations 67

PYMNTS

AUGUST 23, 2019

The loyalty program, Priceless Specials, was operated by a third-party service provider and was shut down after the company first became aware of the breach.

Breach 61

Breach Visa Third Party Vendors Third-Party Service Provider 61

PYMNTS

DECEMBER 18, 2019

In June , Payrailz announced that it had established status as a third-party service provider to connect financial institution clients into The Clearing House’s RTP network. The company was named one of the “2019 Best Places to Work in FinTech,” a project of SourceMedia and Best Companies Group.

Visa 58

Visa Real Time Payments Third-Party Service Provider RTP 58

PYMNTS

JULY 1, 2020

“Sensitive processes performed outside of bank-owned or authorized properties and devices can increase the risk of fraud and potential for exposure of customers’ sensitive information.”.

OCC 66

OCC Compliance Risk Office of the Comptroller of the Currency 66

PYMNTS

JULY 6, 2017

bank-funded entity that was mandated by the Competition and Markets Authority to provide new ways for customers to share their financial data with non-bank providers, has released an API specification for accounts and transaction information and payments initiation. Open Banking, the U.K.

Payment Initiation 71

Payment Initiation API Third-Party Service Provider Non-Bank 71

The Paypers

MARCH 18, 2016

(The Paypers) American Express has warned cardholders that their account information might have been exposed after a third-party service provider suffered a data breach in 2013.

Breach 28

Breach Third-Party Service Provider Data Breach Service Provider 28

PYMNTS

AUGUST 13, 2019

12) said Amazon’s Marketplace Appstore is now live in India, allowing sellers to access third-party applications to promote automation, business management and growth. Reports in the Economic Times of India on Monday (Aug. Businesses can access the app marketplace via the Amazon Seller Central dashboard.

B2B 55

B2B Third-Party Service Provider Automation Service Provider 55

VISTA InfoSec

NOVEMBER 9, 2023

All payments processed via an internet-connected web browser with a PCI DSS compliant third-party service provider. Eligibility Requirements: Manual input of payments through a single, Internet-connected device is required, either as a brick-and-mortar or mail/telephone-order merchant.

PCI DSS 130

PCI DSS Assessments Compliance Credit Cards 130

PYMNTS

APRIL 24, 2017

The vast majority, too, depend on a third-party service provider for this service. But half of the companies surveyed said they don’t use a third-party content provider — and 80 percent of them aren’t able to integrate product management across web, mobile, application and physical stores, they told surveyors.

B2B 70

B2B Third-Party Service Provider B2C On-Demand 70

PYMNTS

DECEMBER 19, 2018

Merging with Tradeshift will enable companies to access Babelway solutions via Tradeshift Link to integrate various systems that businesses use to buy goods and services, pay vendors and sell to other companies, providing an interconnected supply chain.

Third-Party Service Provider 51

Third-Party Service Provider Acquirers B2B Blockchain 51

PYMNTS

SEPTEMBER 16, 2019

Amazon’s Marketplace Appstore is now live in the country, enabling sellers to access third-party applications to promote their business management, automation and growth goals. Businesses can tap into the app marketplace via the Amazon Seller Central dashboard.

Third-Party Service Provider 43

Third-Party Service Provider Origination B2B Automation 43

PYMNTS

OCTOBER 3, 2019

But the “huge difference” between the B2C and B2B world, he noted, is that data security is often a contractual obligation for a corporation and its third-party service providers. “In in particular.

Privacy 55

Privacy Finance Third-Party Service Provider B2C 55

PYMNTS

JULY 24, 2020

The company announced the new investment from Matrix Partners India and Sequoia Capital India, while existing backers Info Edge and Waterbridge Ventures also provided investment, reports in the Economic Times of India said. Selina Finance. million in new funding, U.K.

B2B 64

B2B Third-Party Service Provider Small Business Finance 64

PYMNTS

OCTOBER 9, 2019

While it’s true that smaller players lack the resources to upgrade systems to support their own enhancements to accounts receivable, auditing and process automation, he pointed to third-party service providers and banks’ own shortcomings in making better solutions more easily accessible. Failure to Act.

B2B 46

B2B Third-Party Service Provider Payments Audit 46

PYMNTS

JANUARY 9, 2018

Through Amazon’s In-Home Kit, which includes Amazon Cloud Cam and a smart lock compatible with the service, users are able to monitor in-home deliveries through an app on their phones or through other compatible devices. Amazon’s service also offers keyless access for friends and relatives of users.

Third-Party Service Provider 53

Third-Party Service Provider Privacy Facilitators Participant 53

PYMNTS

APRIL 9, 2018

Payments and commerce company PaySimple announced its latest integration into a third-party service provider.

Cash Management 60

Cash Management Third-Party Service Provider Payments ACH 60

PYMNTS

MARCH 16, 2018

At launch, Amazon said third-party service providers — such as cleaners or pet sitters — can be integrated directly through the application. Through the kit, users are able to monitor in-home deliveries through the Amazon Key app on their phones or through other compatible devices.

Third-Party Service Provider 51

Third-Party Service Provider Consumer Facilitators Service Provider 51

PYMNTS

JANUARY 14, 2019

The offering, which the organization said is the first open API exchange platform in Hong Kong that backs cross-industry operation, provides service and product information.

Blockchain 50

Blockchain Payment APIs and Integration Stablecoins Third-Party Service Provider 50

PYMNTS

AUGUST 13, 2020

Choosing the right third-party service providers can be tactical. Beyond the cloud service providers, other partners like NuoDB can not only guide entities in their cloud migration journeys, but also facilitate connectivity between clouds to elevate performance.

Third-Party Service Provider 133

Third-Party Service Provider Payments Service Provider Volume 133