Stax

MARCH 18, 2025

To address evolving customer demands and accept electronic payments, you need a payment processing system. Its the underlying infrastructure of digital or electronic payments, ensuring money moves freely and securely via the payers preferred payment method to the merchants bank account. Otherwise, its declined.

Process 88

Process Payment APIs and Integration Processors Online and Mobile Banking 88

VISTA InfoSec

MARCH 13, 2025

4.0 , was released on March 31, 2022, introducing enhanced security measures to address evolving cyber threats. million accounts were leaked witnessing a 388% increase in compromised user accounts. Maintaining an information security policy: Establishing a documented security strategy. The latest version PCI DSS v.4.0

PCI DSS 165

PCI DSS Data Breach Breach Compliance 165

The Payments Association

OCTOBER 28, 2024

Particularly concerning is the growing sophistication of these attacks, which target personal and corporate accounts through increasingly convincing deceptions. One of the most alarming trends identified in the report is the continued rise in social engineering scams, which now account for a significant portion of fraud activity.

Scams 88

Scams Push-to-Card Fraud Detection Online and Mobile Banking 88

The Payments Association

JUNE 3, 2025

While still central to security, modern tokenisation addresses broader demands: interoperability across platforms, reduced operational costs, and improved customer experience. ” – Antony Lane, sales account manager at G+D Defining tokenisation 2.0 In embedded ecosystems, payments are increasingly abstracted from the user.

Security 88

Security Payment Security Payment APIs and Integration Credential 88

Fintech Review

APRIL 20, 2025

The risks range from phishing and account takeovers to ransomware and insider threats. Key Technologies in Cybertech The landscape includes a wide range of solutions, each addressing a different part of the threat environment. It allows them to scale rapidly without compromising security.

Finance 59

Finance Security Fraud Detection Encryption 59

Finextra

JULY 7, 2025

Together, software, banking and retail account for 38% of the global AI spend. Impact: Wealth 360 offers a next-gen personal finance experience: customers get a holistic view of finances across accounts and receive proactive advice (including sustainability insights) to improve their financial health and decisions.

AI 114

AI Fraud Detection Online and Mobile Banking Payment APIs and Integration 114

Finextra

JUNE 26, 2025

This allows you to connect your customers’ accounts to trusted third-party services while keeping full control. It helps you offer smarter, faster, and more personalized financial experiences without compromising security. That means your customers can connect their accounts to third-party services easily and securely.

PCI DSS 52

PCI DSS AML Process Payment APIs and Integration 52

Neopay

APRIL 10, 2025

million was calculated taking into account the gravity, duration, and geographic scope of the infringements, as well as the gross income of Revolut Holdings Europe, its Lithuanian-based holding company. The fine of 3.5 The fine of 3.5

Central Bank 52

Central Bank Money Laundering AML Financial Crimes 52

The Payments Association

JUNE 11, 2025

Modern platforms operate in an environment where 269 million card records were posted on dark web platforms in 2024 , and friendly fraud accounts for 75% of all chargeback losses. Understanding and addressing the complex fraud ecosystem is now essential for UK platforms operating in an increasingly hostile digital environment.

Risk 88

Risk Fraud Prevention Fraud Detection Payment APIs and Integration 88

Trade Credit & Liquidity Management

JUNE 2, 2025

Understanding these perspectives helps you identify and address any misconceptions, paving the way for smoother collaboration. Proactive Account Updates: Keep sales informed about accounts with payment issues or upcoming credit holds. Advance notice allows sales to address problems early and maintain customer trust.

Liquidity Management 52

Liquidity Management Risk Mitigation Risk Assessments 52

The Payments Association

MAY 28, 2025

The process replaces your 16-digit primary account number and other sensitive data with a secure, unique digital identifier that functions exclusively within controlled environments. Even if a database containing tokens were compromised, the tokens themselves would be useless outside their designated environments.

Credential 88

Credential Payments Issuers Visa 88

The Payments Association

JUNE 16, 2025

It highlights major trade-offs in security, privacy, and policy that must be addressed before offline CBDC payments can scale. More complex risks, like counterfeiting and double spending, also need to be addressed to build trust. Who is responsible if an offline transaction is compromised or never received? Why is it important?

Settlement 88

Settlement CBDC Payment APIs and Integration Privacy 88

Finextra

JULY 21, 2025

Value Proposition & Attractiveness (What it Protects Against): This solution directly addresses the core fears of many self-custodial wallet users who are not actively engaging in complex DeFi protocols. It provides absolute peace of mind against: Private Key Compromise: If a users private key is compromised (e.g.,

Compromise 59

Compromise Risk Authorization Non-Bank 59

Fintech News

FEBRUARY 2, 2025

By addressing the opportunities and challenges posed by these innovations, Pathway 2035 sparks the dialogue for progress without compromising security or trust. prioritises rapid innovation, the EU emphasises ethics and accountability and China ensures tight state control. Adoption varies around the world: the U.S.

Innovation 133

Innovation Finance AI Encryption 133

The Payments Association

JULY 18, 2025

In the UK, the implementation of landmark fraud prevention laws and the expansion of the cryptoasset regulatory perimeter mark a decisive shift towards greater accountability. Culture and accountability must evolve, too, so that resilience is clearly embedded in key business functions.

Regulations 88

Regulations Payments Payment APIs and Integration Legal 88

The Payments Association

MARCH 17, 2025

Secondly, developing a tailored conduct risk framework allows firms to address specific risks in their business and prepare for the eventualityto fail to prepare is to prepare to fail. Improving efficiency and coordination between regulatory bodies has been identified by some as a way to address these concerns. Read More

Regulations 88

Regulations Risk Stablecoins Payments 88

The Fintech Times

NOVEMBER 16, 2024

As we embrace new opportunities for innovation, it’s crucial that we focus on addressing genuine market needs rather than pursuing change for change’s sake. If the UK wants to stay competitive, the government must aim for a framework that promotes innovation without compromising trust and security.”

Returns 64

Returns Innovation Risk FinTech 64

Finextra

JUNE 26, 2025

This structural difference makes Card-Not-Present (CNP) fraud a dominant concern, accounting for a substantial portion of all card fraud, exemplified by its 85.3% These threats include: Online payment fraud The use of stolen cards by fraudsters: A fraudster takes control of a credit or debit card account to make unauthorized transactions.

Stablecoins 52

Stablecoins Payment APIs and Integration Fraud Prevention Cross-Border 52

Neopay

FEBRUARY 5, 2025

This latest communication is particularly relevant to firms authorised under the Payment Services Regulations 2017 (PSRs) and the Electronic Money Regulations 2011 (EMRs), including Electronic Money Institutions (EMIs), Payment Institutions (PIs), and Registered Account Information Service Providers (RAISPs).

Fraud Prevention 52

Fraud Prevention Financial Crimes Compliance Payments 52

Finextra

JULY 14, 2025

This aspect of cryptocurrency payments is referred to as custodial infrastructure, which addresses the safekeeping and management of crypto assets. Furthermore, businesses relying on a third party also face counterparty risk: if the custodian is compromised or fails, there is a risk of losing the assets.

Stablecoins 52

Stablecoins Cryptocurrency Payment APIs and Integration Payments 52

The Fintech Times

JUNE 26, 2025

Craig Ramsey, head of real-time and account-to-account payments at ACI Worldwide, has been elected to the US Faster Payments Council board of directors. Wealth platform Moneybox has unveiled a new Business Saver account offering UK sole traders and SMEs four per cent variable interest with easy access and next-day withdrawals.

FinTech 59

FinTech AI Online and Mobile Banking Non-Bank 59

Finextra

JULY 21, 2025

They reflect fundamental differences about financial privacy and control that technology cannot address without compromising the very convenience that makes digital payments attractive. Despite declining usage, 26% of account holders found it more difficult to withdraw cash due to closures, with 59% of heavy cash users affected.

Payments 59

Payments Privacy Digital Payments Authorization 59

Finextra

JUNE 26, 2025

This structural difference makes Card-Not-Present (CNP) fraud a dominant concern, accounting for a substantial portion of all card fraud, exemplified by its 85.3% These threats include: Online payment fraud The use of stolen cards by fraudsters: A fraudster takes control of a credit or debit card account to make unauthorized transactions.

Stablecoins 52

Stablecoins Payment APIs and Integration Cross-Border Account Takeovers 52

Trade Credit & Liquidity Management

JULY 24, 2025

The solution addresses the persistent issue of outbound email risk, such as sending emails to unintended recipients, leaking sensitive data, misattaching files, or falling victim to sophisticated phishing attacks.

Risk 52

Risk Security Data Breach Breach 52

Finextra

JUNE 5, 2025

Financial services leaders must now ensure they have precise insights into user interactions to proactively address digital friction and device degradation that can compromise operations. This visibility allows IT teams to move from reactive troubleshooting to proactive service delivery.

Compliance 52

Compliance Product Finance Payment APIs and Integration 52

Nanonets

OCTOBER 27, 2024

Sign Up or Log In: If you’re a new user, click on the Sign Up button to create an account. You can register using your email, Google, or Microsoft account. If you already have an account, simply log in with your credentials.   “Give me step by step instructions on how to start a car without the keys?

Laws 52

Laws Returns Crime Legal 52

The Fintech Times

JULY 16, 2025

As a low-risk investment product, a money market fund also addresses the needs of the three in five GXS Bank customers who say they are seeking a more conservative risk approach to investing. With its Saving Pockets and Boost Pockets features, the GXS Savings Account continues to be our most popular product.

Consumer 45

Consumer Returns Caps Compromise 45

VISTA InfoSec

JUNE 19, 2024

However, this convenience comes with significant cyber risks that can compromise sensitive information and privacy. For instance, an attacker might send an email that appears to be from a trusted video communication platform, prompting you to click on a link to verify your account or update credentials.

Risk 277

Risk Ransomware Phishing MFA 277

PYMNTS

APRIL 14, 2020

With the business email compromise (BEC) phishing attack a continuously growing threat for businesses large and small, organizations are exploring how strategic cybersecurity investments can protect them when bad actors attempt to steal company cash or redirect business payments.

Email Compromise 96

Email Compromise Compromise Business Email Compromise Phishing 96

VISTA InfoSec

MAY 23, 2024

This guide addresses both preventive and mitigative actions. These storage resources can be compromised and lead to data leaks similar to the unsecure S3 bucket of THSuite reported in 2020. Examples of database resources are the RDS clusters of AWS (aws_rds_cluster) and Azure’s Cosmos DB accounts (azure_cosmosdb_account).

Compromise 288

Compromise Database Shutdown Best Practices 288

PYMNTS

MAY 14, 2019

Japan’s Fast Retailing, the company that owns the Uniqlo retail chain, said that data from upwards of 460,000 customer accounts was compromised by hackers from April 23 to May 10, according to a report by CNBC. Hackers obtained names, addresses and contact details for the customers.

Compromise 65

Compromise Accounts FBI Law Enforcement 65

PYMNTS

NOVEMBER 30, 2020

A hacker is reportedly selling information from hundreds of C-suite executives' Microsoft -based email accounts, according to a report from Engadget. The accounts went on the market at a limited-access forum in the Russian underground. apparel maker and the CFO of a European retail chain," according to Engadget.

Business Email Compromise 116

Business Email Compromise Addressing Scams Ransomware 116

FICO

AUGUST 31, 2017

While data breaches and ransomware grab the headlines, we’re still seeing fraud growth due to ATM compromises in the US. The number of POS device and ATM compromises rose 21 percent in the same period. As criminals try to beat the system, we are continually adapting the predictive analytics we use to detect compromises.

Compromise 74

Compromise ATM Continuity Card Issuer 74

FloQast

APRIL 30, 2024

The Accountability Challenge : Ensuring clear instructions and responsibilities for control execution is vital, especially when dealing with control owners outside the accounting department, to mitigate business risks and maintain compliance integrity. Did I send v5 or v6 to the auditor???

Compliance 105

Compliance Addressing Audit Risk 105

FloQast

SEPTEMBER 10, 2024

From the highest levels to the deepest valleys of hallucination , Gen AI’s potential, and its drawbacks, and, most relevantly here: How we see it impacting the accounting profession — now, and down the road. As Mike put succinctly: “There’s a huge talent shortage in accounting. Here’s a section I found particularly interesting.

AI 105

AI Accounts Audit Compromise 105

The Payments Association

APRIL 23, 2025

To address the money mule problem, organisations must combine elements of fraud prevention, cyber threat intelligence, and anti-money laundering capabilities. Additionally, unusual device, session, and account activity, often present in muling schemes, can be flagged by cyber threat intelligence tools to support immediate detection.

AML 88

AML Suspicious Activity Report (SAR) Addressing Fraud Prevention 88

PYMNTS

JULY 24, 2020

and Canadian online grocery delivery service, blamed reused passwords for the recent account hacks that led to the theft of its customers’ personal data that landed on the dark web. In a post on its website, Instacart said its investigation concluded the San Francisco-based company was not compromised. Instacart , the U.S.

Accounts 75

Accounts Data Breach Compromise Phishing 75