The Payments Association

DECEMBER 9, 2024

The dual impact of generative AI on payment security, highlighting its potential to enhance fraud detection while posing significant data privacy risks. While AI generally offers significant improvements to payment security, its deployment also raises concerns about protecting sensitive customer information. What is this article about?

Privacy 88

Privacy Payment Security AI Security 88

VISTA InfoSec

MARCH 13, 2025

This is where PCI DSS (Payment Card Industry Data Security Standard) compliance becomes essential for Australian businesses. A brief introduction to PCI DSS PCI DSS is a global data security framework that protects businesses handling cardholder data (CHD) from data breaches, fraud, and identity theft. The latest version PCI DSS v.4.0

PCI DSS 165

PCI DSS Data Breach Breach Compliance 165

Finovate

APRIL 9, 2025

Philippines-based Security Bank has announced a new collaboration with Entrust. Identity-as-a-Service (IDaaS) innovator Entrust has entered into a new collaboration with leading Philippines-based financial institution Security Bank. ” Established in 1951, Security Bank has deployed Entrust’s Onfido Studio platform. .

Security 87

Security Verification Deepfake Fraud Detection 87

Finovate

APRIL 25, 2025

Amplify Credit Union has partnered with Illuma to implement IllumaShield voice authentication, enhancing security and streamlining member verification. IllumaShields passive audioprint technology verifies callers without security questions or special passphrases, leading to faster call center interactions and higher enrollment rates.

Credit Union 64

Credit Union Authentication Enrollments Verification 64

Fintech News

FEBRUARY 4, 2025

As fraudsters adapt to security measures and consumer awareness, it is crucial to examine the most prevalent fraud types, their impact on both consumers and businesses, and the measures necessary to counteract them. Percentage of security concerns pointed out by the consumers. Photo taken from Adyen Index: Retail Report 2024.

Fraud Prevention 104

Fraud Prevention Phishing Authentication Disputes 104

The Fintech Times

MARCH 19, 2025

The consultation runs until May 2025, and payment industry leaders are weighing in on what the changes could mean for security, merchant operations and customer experience. Banks know their customers and can strike the right balance between protecting them and giving them fast and secure payment options.”

Contactless Payments 98

Contactless Payments Consumer Security Fraud Prevention 98

Fintech Finance

MARCH 10, 2025

This innovative solution aims to promote the use of digital wallets providing customers with a more secure and seamless payment experience, allowing cardholders to add their Visa contactless cards to digital wallets with a simple tap on their mobile device. This significantly improves the customer experience.

Digital Payments 92

Digital Payments Security Payments Credential 92

Fintech Finance

FEBRUARY 20, 2025

Runa , the leading global fintech infrastructure for the next generation of payouts experiences, today announced the launch of Runa Assure, a security suite specifically built to fortify payout processes against threats of fraud, cyberattacks, and compliance risks. Web Application Firewalls (WAF) monitor traffic continually.

PCI DSS 86

PCI DSS Security Payment APIs and Integration MFA 86

Basis Theory

NOVEMBER 12, 2024

Historically, data security has been treated as featureless and burdensome—but a necessary expense incurred by organizations. Today, we can tokenize anything from credit card primary account numbers (PAN) to one-time debit card transactions or social security numbers. The tokenization platform securely stores the sensitive data.

Encryption 157

Encryption Payment APIs and Integration PCI DSS Returns 157

Fintech Finance

DECEMBER 6, 2024

Mastercard has partnered with Sympla , the leading events platform in Brazil, and Yuno , a global payments orchestrator based in Latin America, to bring its Payment Passkey Service to the region and accelerate secure online checkout for shoppers. Upon successful authentication, the transaction is completed.

Visa 98

Visa Authentication Scams Payments 98

Fintech News

MAY 8, 2025

These advanced impersonations, which use convincing AI-generated audio and video, trick users into revealing multi-factor authentication (MFA) codes or approving unauthorized authentication requests. Security gaps and vulnerabilities Misconfigured cloud environments and insufficient security controls are another critical weakness.

Deepfake 121

Deepfake Data Breach MFA Phishing 121

Fintech Review

APRIL 20, 2025

Cybertech refers to the suite of digital tools designed to secure networks, systems, and users from cyber threats. Whether protecting mobile banking apps or securing blockchain wallets, cybertech plays a foundational role. New features can be launched with confidence that systems will remain secure. What Is Cybertech?

Finance 59

Finance Security Fraud Detection Encryption 59

VISTA InfoSec

JUNE 19, 2024

Despite these benefits, video communication has security risks, including the following: Phishing Attacks These attacks often manifest as seemingly legitimate emails, messages, or links, leading unsuspecting users to fraudulent websites. Choose platforms that provide regular security updates and patches to address emerging vulnerabilities.

Risk 277

Risk Ransomware Phishing Encryption 277

NFCW

JANUARY 28, 2025

AUTHENTICITY: Ligne Roset’s DPP proves the authenticity of its Toga Loveseat using QR codes French luxury furniture brand Ligne Roset has introduced digital product passports (DPPs) that combine QR codes and blockchain technology to authenticate its products.

Product 91

Product Authentication CHIPS Blockchain 91

Fintech Finance

NOVEMBER 13, 2024

Where passwords or one-time codes are obsolete, and secure on-device biometrics allow seamless authentication across devices and websites, ensuring personal data stays on the device. Mastercard today announced its vision to transform online shopping by 2030. Imagine a future where no physical card numbers are needed for purchases.

Visa 98

Visa Authentication Payments Issuers 98

Payments Dive

OCTOBER 15, 2024

Research from payments software firm Stripe shows credit and debit card transactions using an advanced security tool are less likely to be approved.

Authentication 157

Authentication Debit Card Research Transactions 157

The Payments Association

JANUARY 22, 2025

This increased digital dependency has raised the need for secure access and quick and easy identity verification online. Electronic forms of authentication and identification help individuals to access these services smoothly and quickly. Security does allow passengers to opt out of any biometric identification.

Security 88

Security Online and Mobile Banking Credential Verification 88

The Fintech Times

MARCH 10, 2025

By launching the solution, which removes the need for manual entry – a common source of errors and a vulnerability exploited by fraudsters seeking to compromise sensitive card information – Visa aims to promote the use of digital wallets in Egypt while also bolstering security in the region.

Digital Payments 69

Digital Payments Security Credential CHIPS 69

Fintech News

FEBRUARY 17, 2025

The Singapore Police Force (SPF) , Cyber Security Agency of Singapore (CSA), and Monetary Authority of Singapore (MAS) reported at least 656 cases of phished card credentials being added to mobile wallets between October and December 2024. The Association of Banks in Singapore (ABS) reported that card-issuing banks prevented S$53.9

Phishing 105

Phishing Scams Online and Mobile Banking Credential 105

Fintech News

OCTOBER 27, 2024

A 12-hour cooling-off period is required for the activation of digital security tokens and new device logins to e-wallets, reducing the risk of unauthorized access. Telcos’ Duties Telcos play a key role in securing SMS channels used in digital banking.

Phishing 135

Phishing Scams Blocks Authorization 135

Clearly Payments

OCTOBER 30, 2024

It’s more complex than domestic payments, as it requires a payment infrastructure that supports global payment options and multiple currencies while ensuring security and compliance with foreign regulations. Fraud Prevention and Security Cross-border transactions have higher fraud risks than domestic payments.

International Payments 105

International Payments Process Multi-Currency Cross-Border 105

The Payments Association

NOVEMBER 28, 2024

The EU aims to harmonize payments, enhance transaction security, and promote competition within the European Economic Area. It emphasises strong customer authentication and transaction transparency. The revised regulations on strong customer authentication and liability rules are significant. What are PSD3 and PSR?

Authentication 88

Authentication Regulations IBAN Rules 88

The Payments Association

MAY 28, 2025

The cards seven-decade journey from manual imprinters to contactless payments has embodied a constant balancing act between security imperatives and consumer convenience. The evolution represents more than enhanced security protocols, it constitutes a complete reimaging of payment credential architecture.

Credential 88

Credential Payments Issuers Visa 88

The Payments Association

APRIL 30, 2025

With Tinks secure open banking technology, Paysend customers in selected regions can now authenticate and fund transfers directly through their bank, eliminating the need to manually enter details and bypassing multiple security steps. The result is a smooth, fast and secure payment experience.

Funds Transfer 88

Funds Transfer Instant Payments Authentication Cross-Border 88

VISTA InfoSec

JULY 19, 2024

As fraudsters are continuously finding new ways to strike, we’re continuously finding new ways to prevent them with controls such as encryption, multi-factor authentication, fraud detection software, etc. It affects how secure the hardware is, as well as how well data stays safe. However, manufacturers DO.

Cybersecurity 264

Cybersecurity Encryption Fraud Detection CHIPS 264

VISTA InfoSec

FEBRUARY 25, 2024

This guide makes sensitive cybersecurity concepts approachable to enable smarter decisions in securing your systems against catastrophe. Most data breaches boil down to security failures and human error. Best Practices For Prevention Ultimately, consistent vigilance and proactive security safeguards offer the best breach protections.

Data Breach 272

Data Breach Breach Multifactor Authentication Cybersecurity 272

The Fintech Times

MAY 27, 2025

As it grows its European customer base, Tradu , a London-based multi-asset trading platform designed for active traders and investors, is looking to strengthen its security infrastructure. “Secure and compliant access to financial data is no longer optional; its essential.

Regulatory Compliance 45

Regulatory Compliance Compliance Security User Authentication 45

The Fintech Times

NOVEMBER 11, 2024

American Express and MX Technologies have formed an API-powered data access agreement, enabling secure connections between American Express accounts and third-party financial institutions or fintech apps. The post American Express Partners with MX to Enhance Secure Digital Banking Options appeared first on The Fintech Times.

Security 59

Security Credential API Privacy 59

Fintech News

NOVEMBER 5, 2024

Payment giant Mastercard is accelerating and securing online transactions in Asia Pacific by eliminating the need for one-time passwords (OTPs) with its enhanced Mastercard Payment Passkey service. This enables shoppers to complete guest checkouts without storing card details, offering enhanced security against fraud.

APACS 109

APACS Visa Security Authentication 109

The Fintech Times

DECEMBER 21, 2024

The Paymob merchant network will accept Apple Pay across Egypt, offering customers a seamless, secure and private payment experience. The post Paymob Merchant Network Across Egypt Introduces Apple Pay to Bolster Sales Figures and Security appeared first on The Fintech Times.

Security 59

Security Central Bank Economy On-Demand 59

VISTA InfoSec

SEPTEMBER 5, 2024

Small and medium enterprises (SMEs) are especially vulnerable to these attacks due to limited resources and a lack of cyber security expertise. Understanding the significance of cyber security is crucial for protecting sensitive data and ensuring business continuity. What are the most common cyber security threats for SMEs?

Security 130

Security Phishing Ransomware Risk Assessment 130

VISTA InfoSec

OCTOBER 21, 2024

Small and medium enterprises (SMEs) are especially vulnerable to these attacks due to limited resources and a lack of cyber security expertise. Understanding the significance of cyber security is crucial for protecting sensitive data and ensuring business continuity. What are the most common cyber security threats for SMEs?

Security 130

Security Phishing Ransomware Risk Assessment 130

Fintech Finance

NOVEMBER 25, 2024

These innovations will offer consumers more secure and seamless payment options, providing greater flexibility when making online purchases. These transactions are initiated through existing bank authentication processes, including biometric verification, making the payment process both straightforward and efficient. “By

Visa 96

Visa Payment Gateways Payments Gateways 96

Fintech Review

NOVEMBER 28, 2024

Dubai, UAE, November 28th, 2024, Chainwire Serenity , a tech and blockchain solution provider, and IDEMIA Secure Transactions (IST), a global leader in payment and connectivity solutions, announced the launch of sAxess , a biometric security card to improve data access control, security, and recovery.

Security 52

Security Transactions Privacy Data Security 52

The Fintech Times

FEBRUARY 5, 2025

As such, 85 per cent are now focused on delivering a seamless and secure payment experience given that a streamlined payment experience is a critical element of the shopping journey. Consumer preferences Tink found that consumers are now looking to prioritise quality, sustainability and secure shopping experiences.

Payment Security 64

Payment Security Security On-Demand Payments 64

Clearly Payments

NOVEMBER 13, 2024

Although BINs play a critical role in how payments are processed and authenticated, they often go unnoticed by the average consumer or merchant. For payment processors and financial institutions, however, understanding BINs is essential for smooth transaction processing, security, and even risk management.

Process 104

Process Processors Payments Compliance 104

Fintech News

OCTOBER 1, 2024

This feature enhances security by allowing users to verify their identity through Singpass, streamlining the process while aligning with new industry requirements. These changes, mandated by the Monetary Authority of Singapore (MAS), aim to strengthen security measures across digital banking to combat rising fraud and scams.

Verification 113

Verification Security Scams Authentication 113