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How PCI DSS Compliance Protects Australian Businesses from Data Breaches?

VISTA InfoSec

4.0 , was released on March 31, 2022, introducing enhanced security measures to address evolving cyber threats. As cybercriminals continue to evolve their tactics, businesses must prioritize strong cybersecurity measures to mitigate these risks. Regular monitoring and testing of networks: Performing routine security assessments.

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Eltropy Acquires Collections Technology Provider Lexop

Finovate

Eltropy serves over 650 credit unions and community banks in North America with communications solutions that aim to help firms mitigate fraud, grow deposits, facilitate payment reminders, streamline mergers and acquisitions, and more. The company demoed Eltropy One , its all-in-one omni-channel communication solution, at FinovateFall 2022.

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BVNK Raises $50 Million for its Stablecoin Infrastructure Platform

Finovate

based fintech’s first round since 2022 and boosts its valuation to around $750 million. They offer greater accessibility compared to traditional banking systems, while also mitigating the volatility typically associated with other cryptocurrencies. The investment is the U.K.-based

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Ecommpay Empowers Global Businesses to Unlock the Asian Market

Fintech Finance

Southeast Asia’s digital economy has witnessed an impressive 82% growth in the last five years, and per capita spending on digital services is projected to surge by 79% between 2022 and 2027. A recent report by Money20/20 and FXC Intelligence also forecast that Asia-Pacific’s cross-border payment volume will nearly double to $23.8

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Scrapping the £100 Contactless Limit: What It Means for Consumers, Merchants and Security

The Fintech Times

Contactless fraud accounted for 41.5million in losses last year, up 19 per cent from 2022. “Its vital that merchants adopt advanced fraud detection and prevention measures, real-time transaction monitoring, and behavioural analytics to mitigate risks. Fraud is a key consideration.

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PCI Compliance for Banking Professionals

Fi911

released in March 2022, updates and expands the framework to maintain relevance in a rapidly evolving digital landscape. Risk-Based Approach Organizations are encouraged to adopt a risk-based approach for ongoing assessment, allowing for prioritization of mitigating high-risk vulnerabilities. What’s New in PCI-DSS Version 4.0?

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Why the U.S. has reached a real-time tipping point

Finextra

In addition to mitigating fraud, this would also enable banks to compete with the likes of Venmo and PayPal in facilitating mobile, peer-to-peer (P2P) payments. The last I checked, it was the Waiting For Godot Moment In Finance :).