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The Future of PSD3: What Banks & Payment Providers Should Prepare For

Fi911

KYC standards will also change through real-time transaction monitoring and advanced identity verification tools. Timeline & Implementation Outlook While PSD3 is still in the drafting phase, stakeholders across the EU are participating in consultations to shape its final form.

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How Financial Institutions Can Combat Business Email Compromise (BEC)

Fi911

These attacks often coincide with travel schedules or major transactions when verification becomes difficult. Staff overtime, consultant fees, system reviews, and process changes strain budgets. These systems create audit trails and reduce successful impersonation attempts. Operational costs mount quickly during BEC incidents.

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Are Fintechs Exploiting the ‘For Good’ Mantra?

The Fintech Times

To ensure fintechs live up to their claims, it’s crucial to advocate for third-party certification, independent audits, and transparent impact reporting. Independent audits, open data initiatives, and partnerships with community groups can help verify claims and ensure alignment with societal needs.

FinTech 64
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PCI DSS Requirement 10 – Changes from v3.2.1 to v4.0 Explained

VISTA InfoSec

Changes Access Controls "Limit viewing of audit trails" to those with a need. Testing aligns with the slightly narrowed focus (read access) but retains the emphasis on practical verification. audit log security principles are mostly unchanged. Read on for a comprehensive look at what’s new and different in PCI DSS v4.0

PCI DSS 130
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This Week in Fintech: TFT Bi-Weekly News Roundup 15/04

The Fintech Times

Datactics has developed a digital data validation sandbox for the Financial Services Compensation Scheme (FSCS) designed to help assess data systems and processes prior to regulatory audits. Digital transformation consultancy Daemon has announced the strengthening of its board, promoting Richard Newsome as non-executive chairman.

FinTech 64
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PCI DSS Requirement 5 – Changes from v3.2.1 to v4.0 Explained

VISTA InfoSec

Ensure that all anti-virus mechanisms are upheld as follows: -> They are kept up to date, -> They carry out regular scans -> They produce audit logs which are preserved as per PCI DSS Requirement 10.7. Audit logs for the anti-malware solution(s) are activated and preserved in line with Requirement 10.5.1. New Requirement in PCI DSS v4.0:

PCI DSS 130
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Top 4 APAC Firms Leading The in The War Against Financial Crime

Fintech News

Founded in late 2015, the company provides regulated entities with tools to manage audit, risk, and compliance programs effectively. For larger enterprises and the consultants assisting them, Arctic Intelligence offers the Risk Assessment Platform.