Fintech News

MAY 20, 2024

The COVID-19 pandemic led to restrictions on physical gatherings, prompting businesses to swiftly move their marketing activities to online platforms and bringing webinars into the spotlight. These virtual events became vital for maintaining business continuity, serving as a means for internal meetings and connecting with clients and audiences.

FinTech

VISTA InfoSec

SEPTEMBER 25, 2024

Some of the most significant benefits include: Scalability: Companies can scale their contact center operations up or down based on demand without requiring extensive infrastructure investments. Scalability and Flexibility: Confirm that the platform can grow with your business and adapt to changing demands.

Cybersecurity

VISTA InfoSec

OCTOBER 21, 2024

Some of the most significant benefits include: Scalability: Companies can scale their contact center operations up or down based on demand without requiring extensive infrastructure investments. Scalability and Flexibility: Confirm that the platform can grow with your business and adapt to changing demands.

Cybersecurity

Segpay

DECEMBER 13, 2024

These regulations are two examples of strong data protection laws that demand a transparent, ethical approach to data privacy and data management. Traditionally, organizations have employed a range of methods for identity verification, from passwords to multi-factor authentication (MFA) and, increasingly, biometric solutions.

Privacy

Fi911

JANUARY 31, 2024

From customer authentication to funds transfer, this technology is poised to become a central element in various banking processes. The complexity of these rules demands strict adherence from AI systems. This threat emphasizes the need for proactive responses from fintech leaders.

AI

VISTA InfoSec

APRIL 3, 2024

Out-of-Date Security Systems The rapid pace at which digital threats evolve demands an equally dynamic approach to cybersecurity. Furthermore, strong authentication measures, such as two-factor or multi-factor authentication (MFA), verify the user’s identity before granting access to sensitive systems and data.

Cybersecurity

Segpay

NOVEMBER 26, 2024

By using technologies such as document verification, biometric authentication, and liveness detection, businesses can verify new customers’ identities in real time, often within minutes. These platforms often rely on a combination of multi-factor authentication (MFA), which may include passwords, biometric verification (e.g.,

Verification

PYMNTS

OCTOBER 21, 2020

While that may seem to be a benefit for consumers, it can be a double-edged sword,” Yuval Marco, general manager of fraud and authentication at NICE Actimize told PYMNTS. Therefore, as payments services evolve to meet customer demand, so must a financial service organization's fraud controls. P2P Is A Double-Edged Sword.

P2P

Global Fintech & Digital Assets

DECEMBER 11, 2023

The changes impose more demanding requirements for larger entities, new obligations to report ransomware incidents and payments, and expanded oversight responsibilities for board and senior management. On November 1, 2023, the DFS announced the Amendments to its regulations that were initially published in 2017 (23 NYCRR part 500).

Cybersecurity

Fi911

SEPTEMBER 27, 2023

Understanding Liveness Detection Liveness detection is pivotal in biometric authentication systems. This adds a crucial security layer, ensuring the authentication process interacts with a genuine source. Boosting Multi-Factor Authentication Multi-factor authentication (MFA) already includes elements like passwords and mobile devices.

Security

Seon

JUNE 15, 2023

Knowing that more junior staff members will likely jump to give one of their senior bosses the information they request, some fraudsters make an email address that looks almost identical to the real official’s address and try their luck with demands for money, data, and so on. How Does a BEC Affect Your Business?

Email Compromise

PYMNTS

APRIL 17, 2020

Mayer recently spoke to PYMNTS about how tapping third-party AP portal services can help firms meet these demands and stay organized when handling and securing complex arrays of payments. Vendors and contractors must also be paid for everything from packaging and labels to online ad placements. Catering to Spice Suppliers’ Payment Tastes.

Accounts

Nanonets

MAY 3, 2023

Like other fintech tools, Planful and Predict protect their users’ financial data with MFA as well as layers of the latest encryption technology. Now, AI tools are pushing the limits of analysis and decision-making in finance, changing the lives and careers of finance professionals around the world. This maximizes company efficiency.

AI

Stax

JULY 9, 2024

More and more, cash-only businesses are falling by the wayside, unable to keep up with consumer demand for convenient electronic payments. Compliance requires implementing robust security measures, such as encryption and authentication protocols, regularly auditing processes, and staying updated on regulatory changes. Easy to use.

Electronic Fund Transfer Act (EFTA)

PYMNTS

SEPTEMBER 7, 2017

There is a global demand and initiative for faster payments. For example, we see a trend toward employing more intelligence in multi-factor authentication (MFA), leading to conditions that reduce the number of triggers. There’s data, to be sure — reams of it. emerge at a much faster pace compared to even five to 10 years ago.

Same Day ACH

Segpay

DECEMBER 19, 2024

IDaaS solutions have become essential in helping organizations meet the demands of modern digital identity management while ensuring compliance with security regulations and reducing operational complexity. Markets and Markets estimated that the global IDaaS market will grow from $7billion to $21.4b between 2023-2028 at a CAGR of 25%.

Verification

EBizCharge

MARCH 21, 2025

Although some fear this new tool may replace human accountants, its true potential lies in blending machine precision with human insight. This article will explore AIs role in modern accounting and offer practical insights on integrating this technology into existing systems for optimal benefits.

Accounts