VISTA InfoSec

MARCH 25, 2025

Organization that are certified by CREST goes thorough assessments of their methodologies, quality assurance processes, and data security measures, offering assurance to clients seeking reliable and trustworthy security services. CERT-IN Empanelment : Recognized by the Indian government as a trusted security assessor.

Cybersecurity 130

Cybersecurity Accreditation PCI DSS Assessments 130

The Fintech Times

NOVEMBER 14, 2024

Credit reference agency Equifax UK has launched a new solution for lenders, combining bureau insights with real-time transaction data accessed via open banking and statistical estimates to boost affordability assessments and customer outcomes.

Assessments 59

Assessments Transactions Compliance Consumer 59

The Fintech Times

JANUARY 6, 2024

The European Central Bank (ECB) has revealed plans to carry out cyber resilience stress tests on 109 of the banks it directly supervises in 2024, to assess how they both respond to and recover from a cyberattack. Supervisors will subsequently assess the extent to which banks can cope under such a scenario.

Central Bank 141

Central Bank Assessments Procedures Laws 141

VISTA InfoSec

MAY 12, 2024

While Type 1 assesses the design of controls at a specific point in time, Type 2 evaluates the effectiveness of these controls over a period, usually upto twelve months. This rigorous assessment involves thorough scrutiny by independent auditors to ensure that the controls are not only in place but also operating effectively.

PCI DSS 279

PCI DSS Compliance Security ISOs 279

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. Assess the environment by identifying where and how cardholder data is stored, processed, or transmitted within your business operations. of PCI DSS. of PCI DSS.

PCI DSS 243

PCI DSS Small Business Assessments Compliance 243

Fintech Finance

JANUARY 31, 2025

There has been a substantial rise in the number of people using a simpler way to pay their tax bill ahead of the self-assessment deadline on 31st January. billion 12 billion 36% January is typically the most popular month for self-assessment tax payments. This is a 28% increase from the previous year.

Assessments 89

Assessments Returns Authorization API 89

The Payments Association

FEBRUARY 10, 2025

Businesses must proactively assess fraud risks, implement adequate procedures, leverage technology for fraud detection, and foster a culture of compliance to avoid regulatory penalties. Compliance requires proactive fraud risk assessment, the implementation of preventive procedures, and a culture of accountability. What’s next?

Crime 88

Crime Fraud Prevention Risk Assessment Due Diligence 88

Fintech News

DECEMBER 23, 2024

Mastercard stated that the acquisition will bolster its cybersecurity services, which focus on assessing cyber risks, protecting the digital ecosystem, and building trust for businesses and individuals worldwide. The acquisition, valued at US$2.65 billion, was first announced in September this year.

Visa 122

Visa Cybersecurity AI Assessments 122

Fintech News

APRIL 10, 2025

MAS is reviewing the case to assess how such platforms can better meet these requirements. While product features like instant withdrawals dont require regulatory approval, MAS mandates proper risk management and transparent disclosures.

Product 97

Product Finance Debit Card Authorization 97

Stax

APRIL 8, 2025

Interchange and assessment fees are set by card networks and are non-negotiable. Assessment fees Assessment fees go to the payment network or the credit card network. In the previous example, Mastercard retains the assessment fee from the overall credit card processing fee. This helps the processor recoup lost revenue.

Credit Cards 88

Credit Cards Process Processors Push-to-Card 88

Fintech News

DECEMBER 5, 2024

SCB is now collaborating with Thai regulators to assess the pilot program’s success and secure approval for a broader rollout of the stablecoin wallet. This was enabled through Rubie , a baht stablecoin wallet developed by Siam Commercial Bank (SCB) in collaboration with Base. Stablecoins also address financial inclusion challenges.

Stablecoins 135

Stablecoins Cross-Border Payments Blockchain Cross-Border 135

PCI Security Standards

FEBRUARY 28, 2025

The PCI Security Standards Council (PCI SSC) is pleased to announce the release of a Frequently Asked Question (FAQ), developed in direct response to industry requests for greater clarity on the new eligibility criteria for the recently revised Self-Assessment Questionnaire (SAQ) A. which take effect on 1 April 2025.

PCI DSS 116

PCI DSS Assessments Security 116

Fintech Finance

MARCH 25, 2025

Although Vietnam’s digital finance market has seen rapid growth over the last few years, many consumers still struggle to access secure and high-quality financial services due to ineffective risk assessment systems.

Risk Assessment 97

Risk Assessment Risk Management BNPL Best Practices 97

Clearly Payments

NOVEMBER 13, 2024

Companies can analyze BIN data to track transaction patterns, better understand customer demographics, and assess risk in different regions or among various card types. This information helps payment processors and merchants verify transactions, assess risk, and streamline payment workflows for secure and reliable transactions.

Process 104

Process Processors Payments Compliance 104

VISTA InfoSec

OCTOBER 21, 2024

Providing advice on and monitoring the performance of impact assessments related to data protection. Proficiency in assessing and managing data protection risks, including conducting Data Protection Impact Assessments (DPIAs). Working closely with the supervisory authority on processing-related matters.

CCPA 208

CCPA Privacy Assessments Laws 208

PCI Security Standards

MARCH 26, 2025

As such, the Council has released several pieces of guidance this year, including updates to Self-Assessment Questionnaire A, an FAQ related to SAQ A eligibility criteria, and of course, the highly anticipated guidance developed by our E-commerce Guidance Task Force. and 11.6.1.

PCI DSS 108

PCI DSS Assessments Data Security Security 108

Fintech Finance

DECEMBER 23, 2024

Its suite of cybersecurity services focuses on assessing cyber risk exposure, providing AI and other technology-driven innovations to protect the digital ecosystem and making continuous advancements to organize trust for people and businesses around the world.

Visa 98

Visa Cybersecurity AI Assessments 98

Fintech News

NOVEMBER 18, 2024

Charting the Course: Assessing 2024’s Payment Security Scene, Predicting 2025’s Trends: This session provides valuable insights into current challenges and emerging trends, helping attendees proactively adapt their security strategies.

Payment Security 123

Payment Security Security Participant Industry Trends 123

The Payments Association

NOVEMBER 25, 2024

Their guidance urges banks to adopt a proportionate approach, assessing MSBs individually rather than applying blanket policies that exclude entire sectors. Banks continue to sever ties with MSBs like PFS without individualised assessments, often citing AML concerns or geopolitical risks associated with countries like Iran.

Risk 88

Risk Financial Crimes AML Financial Inclusion 88

Fintech Finance

FEBRUARY 19, 2025

Given the growth, the FCA and PSR engaged extensively with businesses and representative groups to assess the impact of digital wallets, finding significant benefits to consumers through greater convenience, enhanced security measures, and, for some, greater financial inclusion.

Alternative Payment Methods 82

Alternative Payment Methods Contactless Payments Duplicate Financial Inclusion 82

Open Banking Excellence

FEBRUARY 6, 2025

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.

Governance 230

Governance Government Interoperability Central Bank 230

Clearly Payments

JANUARY 15, 2025

Assessment Fees What It Is: Charged by the card networks (Visa, Mastercard, etc.) Processor Markup What It Is: The payment processors own cost on top of interchange and assessment fees. Tip: Complete your annual Self-Assessment Questionnaire (SAQ) to ensure you meet PCI requirements. on top of interchange fees.

Process 105

Process Processors Gateways Push-to-Card 105

Bank Automation

DECEMBER 17, 2024

11 statement said that Klarna had significant deficiencies in its crime prevention measures, including failing to assess how its services could […] The post Klarna fined $46M for neglecting fraud regulations appeared first on Bank Automation News. The regulator in a Dec.

Regulations 98

Regulations Money Laundering Crime Assessments 98

VISTA InfoSec

OCTOBER 21, 2024

ICT Risk Management The first pillar of the DORA ICT risk management implies that financial entities must implement strong risk management frameworks to identify, assess, and mitigate risks related to Information and Communication Technology (ICT). This ensures that systems can withstand and recover from disruptions.

Compliance 182

Compliance Third-Party Service Provider Risk Assessment Audit 182

Fintech News

MARCH 5, 2025

This infrastructure underpins GXS Banks retail and business banking products, including the GXS FlexiLoan in Singapore, which offers flexible repayment options based on a proprietary credit assessment model that integrates credit bureau data and insights from its ecosystem.

Best Practices 110

Best Practices Financial Inclusion Assessments Consulting 110

PCI Security Standards

SEPTEMBER 26, 2023

Below Peggy Nolan , PCIP, CISA, CEO, Payment Card Assessments provides a preview of her presentation on Speaking the Same Language as Your Assessor. Do not pass up the chance to collaborate and gain knowledge on the latest developments in payment security at the upcoming PCI SSC Community Meetings.

Assessments 192

Assessments Payment Security Security Payments 192

Fintech News

MARCH 5, 2025

The bank attributed Guptas higher pay to its strong overall performance and enhanced technological resilience, which led to an improved scorecard assessment by the board. This rise follows DBSs record financial performance, with full-year net profit surging 11 percent to S$11.4 billion and return on equity reaching 18 percent.

Returns 97

Returns Assessments FinTech Technology 97

Fintech News

NOVEMBER 24, 2024

In parallel, Finastra is “assessing and communicating which of our products are not dependent on the specific version of the SFTP platform that was compromised,” ensuring continued service for unaffected clients.

Breach 114

Breach Compromise Data Breach Credential 114

VISTA InfoSec

MARCH 28, 2024

Adhering to compliance might involve appointing a data protection officer, conducting impact assessments for new projects, and understanding the rights of individuals regarding their data. Hence, understanding GDPR compliance and other data protection laws is essential in keeping you abreast of regulatory trends.

Data Breach 278

Data Breach Regulatory Compliance Breach Encryption 278

Fintech Finance

DECEMBER 10, 2024

Trustfulls Identity Intelligence engine analyzes hundreds of digital signalssuch as email addresses, phone numbers, IP addresses, browser and device datato assess user risk in real time. This empowers fraud teams to detect synthetic identities and prevent fraud while maintaining a seamless user experience.

Fraud Prevention 97

Fraud Prevention BNPL Addressing Compromise 97

Fintech Review

NOVEMBER 27, 2024

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

FinTech Cross-Border Cross-Border Payments Online and Mobile Banking 105

Payments Dive

MAY 2, 2024

The payments processor plans to finish an assessment of operations in the next few months, aiming to streamline its business and pare units it can’t scale.

Global Payments 146

Global Payments Processors Assessments Payments 146

Fintech Finance

NOVEMBER 21, 2024

These checks often lack the granular, real-time insights into income and expenses that lenders need to assess customers fairly. By elevating customer experience and refining credit assessments, the use of Open Banking helps retailers foster stronger brand loyalty. Suzy concluded: “Open Banking is not just good news for lenders either.

Credit Cards 95

Credit Cards Assessments On-Demand Rules 95