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Fixing the audit gap in fintech: Why it’s time for a smarter approach

The Payments Association

Fintech is one of the dominant sectors that covers the innovation landscape globally and is evolving the economy to be more digital; yet, some processes in FinTech haven’t caught up with the momentum of transformation, such as audit readiness. One of the core principles of a strong audit trail is integrity.

Audit 88
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What to Know About Tokenization

Basis Theory

Completing audits and other non-value-generating work consumes resources, timelines, and funds. At the very least, tokenization platforms should use an authentication mechanism, like OAuth, to restrict who has access to this data. An extra step must be taken in order to ensure that the stored sensitive data is safeguarded.

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

The Payments Association

Enhanced fraud detection extends to biometric authentication, a key element of payment security. This adaptability strengthens biometric authentication, adding protection for consumers and businesses. AI generates ‘fake’ data that mirrors potential fraud, training systems to recognize and counteract these evolving attacks.

Privacy 88
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How open banking and IPR are transforming payments in regulated sectors

The Payments Association

These flows are authenticated directly with the bank, which builds trust while cutting out intermediaries. This clarity is especially powerful in regulated sectors, where auditability and risk reduction are just as crucial as user convenience. At the same time, IPR brings the infrastructure up to speed, literally.

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Acquirers and PSPs and the 2025 consumer: Designing for diverse payment preferences

The Payments Association

It must include: Visible, user-controllable fraud protections Clear authentication journeys (e.g. Future-focused product design should account for: Tokenisation and embedded payments Wallet integration for high-frequency retail use cases Cross-device authentication (e.g.

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What is a BIN in Payment Processing

Clearly Payments

Although BINs play a critical role in how payments are processed and authenticated, they often go unnoticed by the average consumer or merchant. Card Verification and Authentication : BINs support the verification process by providing immediate access to the issuing institution’s information.

Process 104
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Cybertech: Securing the Foundations of Finance

Fintech Review

Cybertech helps mitigate these risks by securing each layer of the stack from device authentication to back-end systems. Cybertech platforms often include compliance dashboards, audit trails, and automated reporting tools. Yet, as services move to the cloud and users expect instant access, the attack surface expands.

Finance 59