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Mastercard Rolls Out First-Party Trust in APAC and Beyond to Address Friendly Fraud

Fintech News

The added transparency is intended to help issuers assess claims more accurately and reduce unwarranted chargebacks. Earlier this year, the company formed an industry working group to address these challenges collaboratively. The initiative also introduces clearer guidelines on what qualifies as compelling evidence.

APACS 90
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Armenia Advances Digital ID Scheme as Part of Open Data Vision

Open Banking Excellence

We assess a whole end-to-end process and look to remove all the pain points to streamline that journey, effectively reducing any friction and drastically cutting the time it would take to perform these tasks. Address: 8th Floor, Kamar Business Centre, 2 Vazgen Sargsyan Street, Yerevan 0010, Armenia Email: enquiries.yerevan@fcdo.gov.uk

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Fintech Solutions for SMEs: Unlocking Growth Potential

Fintech Review

Alternative Credit Scoring Models Fintech companies use data beyond traditional credit scores, such as transaction histories, online reviews, and even social media presence, to assess risk. Tala assesses creditworthiness through smartphone data, while Kiva uses peer-to-peer lending to connect small businesses with global investors.

FinTech 105
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VISTA InfoSec Achieves CREST Membership a Milestone in Cybersecurity

VISTA InfoSec

CREST membership is an important recognition as it implies that the organization that is accredited meets the strict standards for addressing complex cybersecurity challenges and is adhering to best practices in security testing. CERT-IN Empanelment : Recognized by the Indian government as a trusted security assessor.

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What You Need to Know about Singapore’s Upcoming Shared Responsibility Framework

Fintech News

The framework specifically addresses phishing scams with a clear connection to Singapore, targeting scams where perpetrators impersonate local or international entities serving Singapore residents. Compliance will be assessed based on telcos’ ability to block SMS messages containing URLs flagged by the police as malicious.

Phishing 135
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The rise of generative AI in payment security: A double-edged sword for data privacy

The Payments Association

Firms must adopt transparent AI practices, enhance regulatory frameworks, and continuously train models to navigate the evolving landscape of AI-driven threats. Generative AI also addresses training challenges for AI models. What’s next? not only enhances security but also ensures that privacy concerns are properly managed.

Privacy 88
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Antom Upgrades Antom Copilot AI with New Payment and Chargeback Tools

Fintech News

One of the key additions is the Chargeback AI Assistant, aimed at addressing issues in dispute resolution and revenue recovery, particularly for small and medium-sized businesses. With this latest upgrade, Antom Copilot continues to evolve into a payment partner to provide merchants with tailored solutions.

AI 71