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SumUp Introduces Suite of New Solutions to Address Merchant Pain Points

Finovate

Ecommerce and payments platform SumUp took the occasion of its annual Beacon event to announce the launch of a range of new products designed to address a variety of merchant pain points. ” Photo by Ivan Samkov The post SumUp Introduces Suite of New Solutions to Address Merchant Pain Points appeared first on Finovate.

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Chainalysis Acquires AI Fraud Detection Firm Alterya

Fintech News

In 2024, Alterya identified US$10 billion in scam-related transactions and worked with clients to reduce losses and address fraud effectively. security platform, as part of its broader strategy to address illicit financial activities. This acquisition follows Chainalysis’s recent purchase of Hexagate, a Web 3.0

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Unified Action Needed to Address Both Domestic and Cross-Border Fraud Risks Reveals Nasdaq Verafin

The Fintech Times

This report highlights the need for unified action to address both domestic and cross-border risks, fostering a safer financial system for all.” The post Unified Action Needed to Address Both Domestic and Cross-Border Fraud Risks Reveals Nasdaq Verafin appeared first on The Fintech Times.

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Future of Payment Security Takes Center Stage at PCI SSC Meeting in Hanoi

Fintech News

Bruce McCabe This year’s agenda features sessions covering critical topics shaping the future of payment security, including: Shaping the Future of Payment Security – Together: This session will explore collaborative approaches to addressing evolving security threats.

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BIS Completes Project Mandala, Automating Cross-Border Transaction Compliance

Fintech News

The project reached proof of concept by automating compliance procedures, addressing a critical challenge faced by global financial systems: the need to adhere to multiple regulatory standards across jurisdictions. This project serves as a critical building block for further advancements in cross-border payments.

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Singapore to Launch Two New e-Payment Solutions in Mid-2025 to Phase Out Cheques

Fintech News

EDP will cater to post-dated payments, deducting funds from the payer’s account upon presentment by the payee. A public consultation paper has been released , detailing the transition plan from cheques to e-payments and addressing the needs of businesses and individuals.

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Data Disaster: Los Angeles Public Health Department Suffers Biggest Data Breach

VISTA InfoSec

It has also notified impacted individuals by sending notifications via post to those whose mailing addresses were available. For individuals without a mailing address, DPH posted a notice on its website to provide necessary information and resources. 5 / 5 ( 1 vote )