Fi911

JUNE 20, 2025

These synthetic identities often use valid Social Security numbers belonging to children or individuals without credit histories, combined with fictitious names and addresses. These regulations focus on verifying that provided information matches databases, not whether the identity represents a real person.

Identity Theft 52

Identity Theft Verification Database Authentication 52

Fintech News

MARCH 24, 2025

Cryptocurrency fraud is declining in Asia-Pacific (APAC), driven by advanced technology adoption and stricter regulatory oversight. Instead, this method requires users to provide key details such as an identification number, which are then cross-checked against government databases. in 2023 to 2% in 2024. in verification times.

APACS 92

APACS Verification Fraud Detection Money Laundering 92

PYMNTS

JANUARY 31, 2019

But even as the theories become reality, the general idea about AI — the lens through which the technology is viewed — often carries with it misconceptions and faulty assumptions that, over time, could impede AI’s progress. Databases do not store intelligence,” Adjaoute told Webster during the discussion, which took place Wednesday (Jan.

Database 74

Database AI Credit Union Fed 74

PYMNTS

SEPTEMBER 14, 2017

China revealed that it is creating a national cyberattack database and will require telecom firms, internet companies and domain name providers to report any threats to it. Those that fail to follow the rules will be subject to “warnings, fines and other administrative penalties,” although no specifics were given.

Database 69

Database Cybersecurity Rules Governance 69

Fintech News

JANUARY 21, 2024

The sector is witnessing a pivotal shift from traditional database systems to more sophisticated and scalable solutions. This database system combines the scalability of distributed systems with the efficiency of centralised architectures. This enhancement was crucial for a company that had rapidly grown since its inception in 2019.

Database 123

Database Disaster Recovery Addressing Volume 123

Segpay

NOVEMBER 20, 2024

Biometric security has become a normal part of modern technology. As these technologies continue to evolve, they not only enhance security but also improve user experience. However, pressing concerns about privacy and fraud by cybercriminal networks must be addressed. What Are Biometric Technologies and How Do They Work?

Security 98

Security Technology Privacy Compromise 98

Payments Source

MAY 1, 2019

SecureKey Technologies has partnered with Canada’s top banks and telcos to launch the country’s first federated digital identity network. platform uses customer information from multiple databases to address a key problem in the digital world — proving you are who you claim to be. The blockchain-based Verified.Me

Blockchain 119

Blockchain Database Addressing Technology 119

VISTA InfoSec

MAY 24, 2024

It helps assess and mitigate security risks systematically by identifying vulnerabilities and implementing controls to address them before they materialize. Establish processes for ongoing monitoring, vulnerability scanning, and penetration testing to identify and address security vulnerabilities promptly. of PCI DSS. of PCI DSS.

PCI DSS 243

PCI DSS Small Business Assessments Compliance 243

Fintech News

JUNE 25, 2024

However, as the company’s user base skyrocketed and transaction volumes soared, it became evident that a robust and scalable technological foundation was crucial to sustain this meteoric rise. Zikry revealed that their initial setup using MySQL-like databases struggled to cope with the escalating transaction volumes during peak events.

Database 128

Database Volume Disaster Recovery On-Demand 128

Wharton Fintech

FEBRUARY 26, 2024

Mastercard, President & CTO Ed McLaughlin — Emerging Technologies in Payments In today’s episode, Kailee Costello hosts Ed McLaughlin , the President & Chief Technology Officer of Mastercard. A lot of technology went into securing the payment systems to fight fraud.

Visa 130

Visa Technology Payments Encryption 130

PYMNTS

DECEMBER 4, 2020

Address verification and validation technologies have emerged to help co mpanies ease these issues. These tools help fix incorrect addresses and autofill data to save time, spare customers frustration and reduce the rate of cart abandonment, for example. Slice Makes The Case For Address Verification. About The Tracker.

Verification 67

Verification Addressing API Procedures 67

The Payments Association

MAY 28, 2025

Whats even more remarkable is how this technology is now revolutionising the notoriously problematic e-commerce sector. By eliminating repeated credential input and enabling genuinely secure one-click transactions, it simultaneously addresses both the safety concerns and speed demands of modern consumers.

Credential 88

Credential Payments Issuers Visa 88

CB Insights

NOVEMBER 21, 2017

This explainer will offer simple definitions and analogies for blockchain technology. It will also define Bitcoin, Ethereum, blockchain broadly, and initial coin offerings, and highlight promising use cases for the technology. One answer: use a database — a ledger. This ledger will track a single asset: digital arcade tokens.

Blockchain 78

Blockchain Technology Bitcoin Participant 78

PYMNTS

AUGUST 13, 2020

Supplying correct address details had always been important prior to the pandemic, but the effects of inaccurate information can be devastating. One 2019 study found that incorrect addresses cause 19 percent of all failed deliveries, for example, and these failed deliveries cost approximately $216,171 per individual business annually.

Addressing 57

Addressing Verification API SWIFT 57

Stax

JANUARY 23, 2025

This involves analyzing transaction patterns and cross-referencing merchant data against global sanctions lists or politically exposed persons (PEPs) databases. Keep in mind: Modern underwriting increasingly leverages technology to streamline processes and improve accuracy. This step is especially critical for e-commerce businesses.

Underwriting 68

Underwriting PCI DSS Money Laundering Processors 68

FICO

MARCH 6, 2020

In our experience these technologies can increase the number of SARs by 20% while at the same time producing efficiency gains of 30% in alert investigation and case management. Which use cases do you address? Investments in technology alone are not sufficient to combat financial crime. What solutions do you have? In the U.S.

Financial Crimes 81

Financial Crimes Crime Compliance Technology 81

Fintech Finance

JANUARY 20, 2025

This move solidifies the position of myPOS as a payments service provider addressing the unique challenges faced by small and medium enterprises (SMEs). France is one of our most dynamic markets, and this acquisition will help us expand the business of our clients by offering top-tier technology, said myPOS CEO Mario Shiliashki.

FinTech 105

FinTech Settlement Database Payroll 105

Fintech News

JUNE 16, 2024

This initiative aims to accelerate the development and market entry of new generative AI applications, providing early-stage startups with AWS credits, mentorship, and educational resources to enhance their use of AI and machine learning technologies. Applications for the programme are open until 19 July.

AI 113

AI CHIPS Database Participant 113

The Fintech Times

MARCH 26, 2024

This March, The Fintech Times is shifting its spotlight towards insurtech, exploring the potential impact of blockchain technology on insurance processes and its role in instilling trust in digital transactions. Insurers can leverage technology solutions to both design and offer products that are easier to understand and to purchase.

Underserved 115

Underserved FinTech Financial Inclusion Risk 115

Wharton Fintech

FEBRUARY 29, 2024

Creating Spade’s comprehensive merchant database required forming robust partnerships across the fintech and data ecosystem. Spade’s solution addresses these challenges head-on, making it a critical tool in the arsenal of modern financial services. The next milestone I’ll be looking out for is a successful sale into a traditional FI.

Database 130

Database Fraud Detection Use Case FinTech 130

Fintech News

OCTOBER 23, 2024

Legacy technologies are hindering this adaptation, prompting increased investments in digital solutions. While many banks in the region still rely on on-premises technology , Kneen noted a shift in regulatory acceptance of cloud infrastructure as compliant with financial regulations. This differs from country to country.

Finance 117

Finance APACS Multi-Currency Origination 117

Fintech News

MARCH 20, 2024

The banking industry stands at the brink of a major transformation, driven by rapid technological advancements and changing customer expectations in a dynamic digital landscape. These technologies automate routine banking operations, from customer service to compliance checks, reducing manual interventions and the potential for human error.

Cybersecurity 117

Cybersecurity On-Demand Database Automation 117

PYMNTS

OCTOBER 12, 2018

FitMetrix , a fitness technology and performance tracking company owned by MINDBODY , has suffered a data breach that could impact 113.5 Each record contained a user’s name, gender, email address, phone numbers, profile photos, their primary workout location, emergency contacts and more. million users.

Data Breach 67

Data Breach Breach Database Credential 67

CB Insights

APRIL 7, 2018

.” To imagine a world where robots do all the physical work, one simply needs to look at the most ambitious and technology-laden factories of today. For example, the Dongguan City, China-based phone part maker Changying Precision Technology Company has created an unmanned factory. So, what does the future of factories hold?

Technology 78

Technology Blockchain On-Demand Automation 78

Fintech News

MARCH 20, 2024

Sumsub, a global verification provider, is addressing the sharp increase in fraud networks in the Asia-Pacific (APAC) region with its enhanced Fraud Prevention Solution. To counter these threats, Sumsub has upgraded its Fraud Prevention Solution with advanced anti-fraud technologies.

APACS 109

APACS Fraud Prevention Deepfake Account Takeovers 109

VISTA InfoSec

FEBRUARY 28, 2024

Terminology update to reflect broader authentication technologies. Changes Core Focus Limiting database access to programmatic methods (apps, stored procedures) and database administrators. Terminology Applications should use their own IDs, not individual user IDs to access the database. Requirement v3.2.1 (8.7)

PCI DSS 130

PCI DSS Best Practices Authentication Rules 130

Fintech News

JULY 24, 2024

The financial sector is on the edge of a major transformation powered by continuous technological advancements. Addressing these factors requires a holistic approach encompassing technology, processes, and people to construct resilient financial infrastructures. This gathering comes at a pivotal moment.

Finance 120

Finance Risk Mitigation Automation Disaster Recovery 120

PYMNTS

JANUARY 25, 2021

The data leaked included names, email addresses, phone numbers, bank account details and tax ID numbers, the report stated. Governments are very wary of any technology that could potentially displace national currencies,” Mohi-uddin said, per the report.

Governance 104

Governance Government Bitcoin Cryptocurrency 104

VISTA InfoSec

JULY 5, 2023

Personal health data, a compilation of information related to a patient such as their Names , Birthdates , Social Security Numbers , and other medical record data , is used to identify their medical history and records stored in a database. However, with the proliferation of technology comes the mounting risk of information security breaches.

PCI DSS 130

PCI DSS Compliance Data Breach Breach 130

The Fintech Times

AUGUST 13, 2024

PwC UK , the professional services leader, is joining forces with Cockroach Labs , a cloud-native SQL database provider for modern cloud applications, in a move to reduce the risks, costs, and complexity of regulatory compliance and mainframe modernisation.

Compliance 64

Compliance Risk Database Due Diligence 64

PYMNTS

MARCH 28, 2019

ICBA noted that MK Decision also provides community banks with a database of criminals so the banks can scan for aliases, IP addresses and mailing addresses to prevent fraud.

Community Banks 76

Community Banks Online and Mobile Banking Push-to-Card Card Issuer 76

Segpay

SEPTEMBER 30, 2024

Mexico: Strengthening Digital Safety Measures In Mexico, the law that addresses the protection of children on the internet is primarily rooted in the General Law on the Rights of Children and Adolescents (Ley General de los Derechos de Niñas, Niños y Adolescentes – LGDNNA) , enacted in 2014.

Verification 111

Verification Legal Framework Laws Legal 111

PYMNTS

JANUARY 26, 2018

While Ripple and other decentralized technologies are addressing payments, the transfer of funds is only a small part of a B2B transaction. Blockchain technology is superior to the current centralized, cloud-based databases for recording digital asset transfer and access by third parties,” the company stated.

Blockchain 62

Blockchain B2B Transactions API 62

Fintech News

APRIL 3, 2024

When designed appropriately, fintech solutions can directly address access and usage barriers for women, supporting their financial goals and needs. Oliver Wyman estimates that financial services firms are overlooking a staggering annual revenue potential of US$700 billion by failing to adequately address women’s needs.

Financial Inclusion 128

Financial Inclusion FinTech Financial Literacy Non-Bank 128

PYMNTS

JULY 29, 2020

The Philippines central bank is now considering creating its own central bank digital currency (CDBC), it said during a virtual meeting, having formed a committee to address the issue, Bloomberg reported. He added that while cryptocurrency is important, the blockchain technology behind it is equally so.

Data Breach 66

Data Breach Central Bank Breach Cryptocurrency 66

PYMNTS

JUNE 22, 2020

In an interview with Karen Webster, Melyssa Barrett , vice president of identity and risk products at Visa, said the score leverages advanced technologies such as AI and machine learning to predict application fraud. database that includes virtually all new (and past) card applications from Visa issuers. Barrett explained.

Identity Theft 77

Identity Theft Database Account Takeovers Issuers 77

PYMNTS

OCTOBER 19, 2020

Disque said the hard part for many companies is sorting through and choosing the best route to take, given the “great technology out there” that can deliver digital payments and digital workflows. When it comes to addressing such technical issues, Disque said having flexibility to offer choice definitely improves the value proposition.

Checks 110

Checks Business Payments ACH Payments 110