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Ncontracts Acquires Third Party Risk Management Company Venminder

Finovate

Ncontracts has acquired Venminder, a third-party risk management SaaS platform, to enhance its governance, risk, and compliance services. The acquisition will broaden Ncontracts’ expertise in third-party risk management and strengthen its position in both SaaS and knowledge-as-a-service markets.

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Deutsche Bank Takes Stake In Open Banking FinTech

PYMNTS

Deutsche Bank has acquired a 4.9 Deposit Solutions provides open banking technology that allows more than 100 banks across 18 countries to offer their customers products from third-party banks. percent stake in the German-based FinTech Deposit Solutions, according to a Deutsche Bank press release on Thursday (Sept.

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The Uncharted Territory Of M&A Cyber Risks

PYMNTS

One of the largest security challenges of an acquisition stems from the risk exposure an acquiring company faces if it has not fully assessed the cybersecurity strength of its acquisition target. which suffered a data breach last year as the result of a cybersecurity incident at a third-party vendor.

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How False-Positives Complicate The B2B Payments Fraud Fight

PYMNTS

In a Q&A session last year with SAP Insider , Ingo Czok, CEO of Tembit Software, which was acquired by Hanse Orga Group, explained that a combination of human interference and machine learning can be an effective strategy in not only identifying fraud, but reducing the number of false positives.

B2B
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Amazon Won’t Make Existing Sellers Pay $1,500 Gating Fee

PYMNTS

Many merchants acquire heavily discounted goods from third-party vendors and then resell them on Amazon for a marked-up price. .” Amazon’s main global competitor, Alibaba, has been dealing with a highly publicized counterfeiting issue of late, but Amazon also does not seem to be immune to the issue.

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PCI Validated P2PE – 3 Years in North America, What Has Changed?

PYMNTS

While hackers got into the POS systems through a faulty firewall or third-party vendor, once in they were able to install malware that located unencrypted credit card information — which was then sent to remote servers, packaged and resold on the black market. and overseas.

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What is a Payment Orchestrator?

Clearly Payments

Multi-Provider Integration: Payment orchestrators integrate with multiple payment service providers (PSPs), gateways, and acquiring banks, allowing merchants to access a broad range of payment methods and currencies. This includes the cost of developers, consultants, or third-party vendors who specialize in payment integrations.