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DFSA Warns of Rising AI-Driven Cyber Threats and Calls for Global Regulatory Collaboration

The Fintech Times

The Dubai Financial Services Authority (DFSA), the independent regulator of the Dubai International Financial Centre (DIFC), has warned of the increasing frequency and sophistication of cyberattacks, driven by AI and automation tools, in a new report.

AI 72
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As AI Grows, So Do Its Challenges: Industry Reveals Technology’s Biggest Hurdles

The Fintech Times

A big focus for our security and risk teams in the next year will be ensuring we stay connected to the best practices identified in cyber fraud and maintain the integrity of our payments infrastructure.” “Another big challenge is related to data security and privacy. .

AI 97
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Metrika Successfully Completes Proof-of-Concept on Evaluating Operational Risks in Digital Assets

Fintech Review

This PoC provided an opportunity to explore insights into technological risks associated with digital assets across multiple blockchains. The post Metrika Successfully Completes Proof-of-Concept on Evaluating Operational Risks in Digital Assets appeared first on Fintech Review.

Risk 52
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Blockchain's Automated Contracts Are Dangerously Hard to Verify

Payments Source

Smart contracts, which automate parts of payment agreements, are the key to using blockchain technology in complex financial transactions. However, there are still open questions and concerns about how smart contracts operate in the real world and whether they can be trusted.

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NCR Goes Big on Data by Merging CRM with Mobile Payments

Payments Source

Of all the initials small to mid-sized merchants hear during the digital payments migration—"EMV," NFC," "mPOS"—an older abbreviation may finally pry open the door to widespread payments automation: CRM.

CRM 69
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The race to resilience: Why UK and EU rules will redefine financial stability by 2025

The Payments Association

Many firms that previously relied on manual spreadsheets and on-premise systems for regulatory processes have recognised the need for more automated, scalable, and resilient solutions. Technological solutions Adopting real-time monitoring tools will be vital in helping firms meet UK and EU expectations for operational resilience.

Rules 88