VISTA InfoSec

JUNE 19, 2024

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. Additionally, consider platforms with strong access controls, such as multi-factor authentication (MFA) to prevent unauthorized access.

Risk 277

Risk Ransomware Phishing MFA 277

VISTA InfoSec

FEBRUARY 25, 2024

They take advantage of vulnerable software, stolen credentials, tricked employees, business partner access, unencrypted transfers, and even insider threats to penetrate networks. And painful account recovery procedures await all users who must reset passwords across potentially dozens of breached websites.

Data Breach 272

Data Breach Breach Multifactor Authentication Cybersecurity 272

VISTA InfoSec

MAY 12, 2024

Encourage the use of Two-Factor Authentication (2FA) Decades of experience show that passwords only provide a small amount of security. Implementing 2FA adds an extra layer of security to a POS system by requiring users to prove their credentials through other means such as one-time passwords on other devices or through biometrics.

PCI DSS 277

PCI DSS Security Compromise Best Practices 277

Segpay

SEPTEMBER 24, 2024

Pay by bank transactions, also known as bank transfers, account to account (A2A) or direct bank payments are cardless payment methods that allow customers to pay directly from their bank account to the merchant’s bank account through open banking. The post Account-to-Account Payments: The New Banking Disruptor?

Accounts 105

Accounts Online and Mobile Banking Payments Authentication 105

NFCW

SEPTEMBER 12, 2024

VERIFICATION: The Digital Credentials API will use digital IDs to verify website users A new Digital Credentials API that will allow visitors to a website to verify their identity using a driver’s license or a national identification card stored in their digital wallet has now entered testing.

Credential 121

Credential API Authentication Privacy 121

The Fintech Times

NOVEMBER 11, 2024

American Express and MX Technologies have formed an API-powered data access agreement, enabling secure connections between American Express accounts and third-party financial institutions or fintech apps. It also provides greater reliability by enabling real-time sharing of customer-directed account information.

Security 59

Security Credential API Privacy 59

PYMNTS

DECEMBER 16, 2020

Ternio , a global FinTech platform, has integrated with Plaid , a financial data company, to help Ternio BlockCard bank accounts access faster and more secure connections to financial accounts, according to a press release. dollars between all of their accounts.”. customers to activate their FDIC-insured BlockCard bank accounts.

Accounts 106

Accounts Cryptocurrency FDIC Interoperability 106

Bank Automation

MARCH 21, 2024

Financial institutions must prioritize multifactor authentication as hackers take advantage of a lack of identity protection. In 2023, cyberattacks using valid credentials to gain access to user accounts increased 71% from 2022, according to IBM’s 2024 X-Force Threat Intelligence Index.

Multifactor Authentication 75

Multifactor Authentication Authentication Credential Accounts 75

VISTA InfoSec

JUNE 18, 2024

A crafty hacker could infiltrate accounts secured by flimsy credentials. In addition to access control, fortify your defenses with Multi-Factor Authentication (MFA). Simplistic credentials are entry points for hackers. Embrace the basics—insist on a formidable device passcode that’s routinely refreshed.

Data Security 266

Data Security Security Encryption Cybersecurity 266

The Payments Association

JANUARY 22, 2025

Electronic forms of authentication and identification help individuals to access these services smoothly and quickly. Building upon this framework, the EU Digital Identity Wallet Consortium (EWC) is leveraging the potential of the proposed EU digital identity to develop digital travel credentials.

Security 88

Security Online and Mobile Banking Credential Verification 88

Fintech News

JULY 9, 2024

Customers with activated digital tokens on their mobile devices will need to use these tokens for logging into their bank accounts via browser or mobile app. The digital token will authenticate logins without requiring an OTP, which can be stolen or tricked from customers by scammers.

Phishing 109

Phishing Scams Online and Mobile Banking Credential 109

VISTA InfoSec

JUNE 3, 2024

Credential stuffing , a form of cyberattack where attackers use stolen credentials to gain unauthorized access to user accounts, highlights the need for strong password policies. Multi-Factor Authentication (MFA) Implementing multi-factor authentication (MFA) adds an extra layer of security to the authentication process.

MFA 130

MFA Credential PCI DSS Compliance 130

Fintech Finance

JUNE 5, 2025

Through integrating their respective technologies, Trustly and Point & Pay verifies bank accounts in real-time, using customers’ online banking credentials via single sign-on to confirm routing information and availability of funds.

Government Payments 59

Government Payments Governance Government CFPB 59

The Fintech Times

NOVEMBER 13, 2024

Family features With Pocket, Family’s dedicated self-custody account service, users can set up a wallet using their email or phone and a passkey or password. If using Pocket as a backup method, only the encrypted wallet is stored on the Pocket server, meaning only the user has access to their credentials and their wallet at all times.

Encryption 109

Encryption Transactions Credential Audit 109

PYMNTS

NOVEMBER 24, 2020

Businesses and financial institutions (FIs) are constantly examining ways to make their customers’ accounts more secure, especially as more consumers go online to make purchases and transact during the ongoing COVID-19 pandemic. California-based automaker Tesla is one company that has witnessed the merits of offering 2FA for its car owners.

Authentication 108

Authentication Consumer Online and Mobile Banking Verification 108

Fi911

JUNE 9, 2025

Attackers compromise vendor email accounts, then send updated banking instructions just before scheduled payments. By the time anyone notices, funds have moved through multiple accounts and jurisdictions. Vendor impersonation schemes specifically target accounts payable departments. Secure communication channels reduce exposure.

Email Compromise 52

Email Compromise Business Email Compromise Compromise Law Enforcement 52

Fintech News

JULY 2, 2025

Criminals have become adept at forging documents, acquiring stolen credentials and creating synthetic identities that can easily pass basic KYC checks. By evaluating the authenticity and richness of these digital signals, organisations can build a more nuanced risk profile for each user before onboarding even begins.

Fraud Prevention 89

Fraud Prevention Technology Checks Risk 89

Fintech Finance

NOVEMBER 6, 2024

As payments become more intricate, Mastercard today announced the latest enhancement to its new Mastercard Payment Passkey Service which enables secure, on-device biometric authentication through facial scans or fingerprints, the same way consumers unlock their phones every day.

Visa 98

Visa APACS Transactions Authentication 98

The Fintech Times

DECEMBER 18, 2023

As a result of AI and other emerging technologies, the need for accurate and secure authentication is at an all-time high. Tending to this need, Zally , the continuous authentication platform, is building up for its launch in 2024. This is instead of traditional authentication which takes place solely at the point of login.

Authentication 64

Authentication Continuity Security Account Takeovers 64

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

The Fintech Times

DECEMBER 18, 2023

They predict that social engineering attacks will surpass ransomware in 2024 due to increased sophistication, AI tools and emerging techniques, leading organisations to bolster cybersecurity defences with AI, scenario testing and multi-factor authentication.

Cybersecurity 139

Cybersecurity Ransomware RDC Credential 139

The Fintech Times

NOVEMBER 6, 2024

These include: Visa Flexible Credential – This enables a single card product to toggle between payment methods. Visa Payment Passkey – Enables consumers to authenticate their identity, and authorise payments, by scanning their biometrics. For online shopping, Visa passkeys replace passwords or one-time codes.

Product 101

Product Cross-Border FinTech Cross-Border Payments 101

Fintech News

NOVEMBER 12, 2024

Visa unveils suite of new products and services Visa announced a suite of new products and services aimed at transforming the future of payments in the Asia Pacific (APAC) region: Visa Flexible Credential allows a single card to switch between various payment options, such as debit, credit, installment payments, or rewards redemption.

FinTech 109

FinTech Cross-Border Payments Cross-Border Payment APIs and Integration 109

Fintech News

SEPTEMBER 17, 2024

SFV will be used in high-risk scenarios to complement existing authentication methods during DT setup. It will verify a customer’s identity against national records using a face scan before activating their DT, making it significantly harder for scammers to hijack accounts using stolen credentials.

Verification 113

Verification Scams Financial Crimes Phishing 113

PYMNTS

OCTOBER 19, 2017

In addition to the potential liability that issuers and merchants may face if stolen credentials or identities are used online, breaches only further fuel consumer concerns over whether – or how – to use their payments credentials securely in an increasingly digital world. And for good reason. Removing The Burden.

Authentication 58

Authentication Payment APIs and Integration Credential Use Case 58

PYMNTS

OCTOBER 23, 2018

The world might be growing smaller and more connected, but regulations and authentication methods can create issues for international businesses looking to expand globally. In the latest Digital Identity Tracker , PYMNTS takes a look at digital identity credential developments around the world. to the U.K. Around The Digital ID World.

Authentication 53

Authentication Rules Credential Push-to-Card 53

Fintech News

NOVEMBER 5, 2024

One of the central products, Visa Flexible Credential , allows a single card to switch between various payment options—such as debit, credit, installment payments, or rewards redemption. Consumers can also set parameters for their preferred payment methods within the single credential, adding further flexibility.

Product 109

Product Cross-Border Credential Cross-Border Payments 109

Braintree

AUGUST 26, 2019

Braintree has supported SMS and authenticator app two-factor authentication in the Control Panel since 2015. Two-factor authentication is a crucial tool for helping protect merchants from unauthorized account access, typically by requiring a time-sensitive code during sign in.

Authentication 52

Authentication Phishing Account Takeovers Breach 52

VISTA InfoSec

DECEMBER 19, 2024

Promoting Accountability: Encouraging financial institutions to take responsibility for securing their local environments and ensuring compliance through independent SWIFT CSP assessments. Know and Limit Access Prevent compromise of credentials Manage identities and segregate privileges 3.Detect

SWIFT 173

SWIFT Cybersecurity PCI DSS Compliance 173

The Fintech Times

MAY 17, 2024

Visa Flexible Credential A Visa study found that more than half of card users want the power to access multiple accounts through a single credential. The Visa Flexible Credential will allow a single card product to toggle between payment methods, putting the power of choice in the hands of the consumer.

Product 128

Product Consumer Online and Mobile Banking RTP 128

Stax

JULY 9, 2024

Fraud prevention measures, such as tokenization and multi-factor authentication, add layers of security to verify transactions and protect against unauthorized use of payment credentials. In most cases, mobile banking apps do not have the capability to transfer money between users that don’t share the same bank account.

Digital Payments 163

Digital Payments Online and Mobile Banking Contactless Payments Payments 163

PYMNTS

OCTOBER 24, 2018

For Tern Commerce, clearing those hurdles previously meant manually reviewing identity documents and other credentials, which is both expensive and time-consuming. This pushed Bonkowski and his team to explore digital authentication solutions to protect its global user base. Onboarding Global Consumers. Protecting Purchases.

Authentication 66

Authentication Push-to-Card AML Debit Card 66

VISTA InfoSec

JUNE 27, 2024

The breach, linked to a hack of the district’s Snowflake account, has exposed sensitive data pertaining to students and employees enrolled in the sprawling district. The incident came to light on June 6, when LAUSD officials became aware of an account from Sp1d3r purporting to offer certain student and employee data for sale.

FBI 130

FBI Breach MFA Cybersecurity 130

PYMNTS

MARCH 14, 2020

“The goal of the attack is generally to steal credit card information, guess shopping cart tokens to take over the shopping session, or exfiltrate consumer account PII (personally identifiable information) that can be used to perpetrate other fraud.”. percent of all eCommerce fraud , is still account takeover.

Account Takeovers 92

Account Takeovers Credential Automation Bots 92

Finextra

JUNE 5, 2025

By encouraging public sector organisations to issue and accept digital credentials, the legislation will reduce administrative burden and enable better services for European businesses. When credentials are structured and machine-readable, they can be processed automatically. Interoperability is crucial.

Credential 52

Credential Payment APIs and Integration Authorization Issuers 52

EBizCharge

FEBRUARY 26, 2025

Understanding credit card processing in NetSuite NetSuite credit card payment processing allows businesses to securely process customer payments by integrating with payment gateways and merchant accounts, enabling seamless transactions for online, in-store, and invoice-based sales.

Credit Cards 52

Credit Cards Process Payment Gateways Payment APIs and Integration 52

PYMNTS

MARCH 6, 2020

Banking APIs help accounting software providers’ customers access bank account information within accounting programs rather than juggle multiple platforms and manually fill in financial details, for example. Oversight And Authentication.

API 52

API Authentication Security Payment APIs and Integration 52