Fintech News

APRIL 22, 2024

The mobile security solution uses a combination of signature-based detection and behavior-based detection to detect and block malware and other risks. If the app’s signature matches to a known malware signature, it will automatically block the app from deploying. Finally, SecIron understands the importance of data privacy.

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Phishing Security Blocks Cybersecurity 117

Stax

APRIL 3, 2025

The details are then encrypted and transmitted to a third-party payment gateway for authorization. Encryption – Encryption converts plain text into coded characters that can only be decoded by authorized users. But with more control comes great responsibility.

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Payment Solutions Payment APIs and Integration Payment Gateways Gateways 88

Clearly Payments

OCTOBER 22, 2024

PIN Encryption : Once the customer enters the PIN, it is encrypted immediately to protect the information. Encryption ensures the PIN cannot be intercepted or stolen during transmission. Verification : The encrypted PIN is sent to the card issuer’s system, where it is matched against the cardholder’s stored PIN.

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Debit Card Credit Cards Point-of-Sale (POS) Encryption 105

M2P Fintech

JULY 11, 2023

AES and ECDH To address security challenges, advanced encryption and decryption mechanisms must be integrated into the Android applications. In this blog, our Code Specialist and Lead Software Development Engineer Janarthanan , will guide you through the intricate world of encryption and decryption logic using AES.

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Fintech News

AUGUST 12, 2024

Ant International’s Whale platform leverages blockchain, advanced encryption, and AI to boost the efficiency and transparency of fund movements between bank accounts. DBS Treasury Tokens aim to address the needs of large corporations like Ant International, which operate across multiple markets.

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Treasury Blockchain Cross-Border Payments Multi-Currency 97

PYMNTS

APRIL 21, 2020

Bank advisers can identify customers remotely by sending an encrypted email, Tilton explained. The RBC app relies on artificial intelligence (AI) to verify clients’ government-issued identification documents against encrypted data found in driver’s licenses. Using AI For Onboarding.

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Verification Accounts Online and Mobile Banking CHIPS 121

Stax

MARCH 11, 2025

Encryption and transfer of payment information The payment gateway that underpins your checkout page will now encrypt the customers payment details as stipulated by industry data security regulations like PCI DSS (Payment Card Industry Data Security Standard) before transferring the data to your payment processor.

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Online Payment Processing Process Payment Gateways Online and Mobile Banking 88

PYMNTS

OCTOBER 24, 2018

Guardian Mobile Firewall, the new smart firewall app that is currently in a closed beta test, will be made available soon, filtering and blocking traffic that breaches the user’s privacy. The firewall funnels all of the iPhone and iPad traffic through a virtual private network, which is encrypted to Guardian’s services.

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Blocks Privacy Encryption Breach 40

Segpay

FEBRUARY 21, 2024

In a security incident, the technology can autonomously trigger predefined responses, such as isolating affected systems, blocking suspicious activities, or alerting security teams. Secure Data Encryption: Generative AI contributes to the development of secure data encryption methods.

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AI Innovation Fraud Detection Encryption 105

PYMNTS

DECEMBER 2, 2019

Japanese multinational conglomerate SoftBank has announced the launch of SBC Wallet Cards, which utilize its own encryption system, and boast multiple encryption mechanisms, as well as hot and cold wallet functions. The SBC we built does not close to other encryption cards. Released on Nov.

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Encryption NOV Digital Currency Blocks 59

PYMNTS

MARCH 8, 2019

Earlier this week Facebook announced that it will embrace “privacy-focused” communications via encryption services. Upholding this principle may mean that our services will get blocked in some countries, or that we won’t be able to enter others anytime soon,” the CEO wrote. consulting firm that has since closed down.

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Privacy Encryption Blocks Consulting 62

Fintech Finance

AUGUST 14, 2024

Ant International’s Whale platform is its next-generation treasury management solution that utilises blockchain technology, advanced encryption and artificial intelligence to improve the efficiency and transparency of fund movements between bank accounts.

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Liquidity Management Treasury Multi-Currency Cross-Border Payments 98

Stax

JANUARY 28, 2025

Fraud and chargeback management: Click to Pay has built-in fraud prevention mechanisms like tokenization, cryptograms, and multi-factor authentication, but you still need a provider that offers additional security features like tools for analyzing transaction patterns to be able to detect and block suspicious activity in real time.

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Payment APIs and Integration Online and Mobile Banking Payment Gateways Gateways 68

Stax

JULY 16, 2024

Firewalls monitor traffic to a system and can be configured to block a certain section of the traffic. The best way to protect data as it is being transmitted over a network, especially one that is public and open, is to encrypt it. Encryption is a method that renders information useless to criminals when being transmitted.

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PCI DSS Compliance Credit Cards Encryption 88

Exact Payments

JULY 1, 2024

Our software partners transmit merchant data to our APIs using Transport Layer Security (TLS) encryption. TLS encrypts data during transit and offers enhanced security features to combat man-in-the-middle (MiTM) attacks. This approach enhances security and complies with the best data encryption and key management practices.

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Data Security Security Encryption Payment APIs and Integration 52

Stax

APRIL 10, 2025

Its role is to encrypt and securely transfer your customers payment data to your payment processor. All the data transfer between the digital wallet and your payment terminal are encrypted and the system also uses tokenization to ensure iron-clad data security.

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Fintech Review

MAY 10, 2025

Tokenisation also enhances security, replacing sensitive card details with encrypted tokens during transactions. For example, a travel card programme could allow hotel and restaurant charges but block ATM withdrawals abroad. They can set dynamic controls by transaction type, location, time of day, or account status.

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Payment APIs and Integration Embedded Finance API Regulatory Compliance 52

PYMNTS

APRIL 18, 2018

Russia is making good on its threat to ban Telegram by blocking IP addresses owned by Google and Amazon, saying they were being used by the messaging service. On Monday (April 16), a Russian court made it easier for the government to block Telegram after its creators refused to turn over access to its users’ encrypted messages.

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Blocks Encryption Authorization Addressing 43

VISTA InfoSec

FEBRUARY 16, 2024

. - Validate all user input to block tampering attempts. - Insecure Cryptographic Storage: - Protect encryption keys and sensitive data they can access. - Use strong encryption, prevent flawed implementations. Insecure Cryptographic Storage: - Protect encryption keys and sensitive data they can access. - for this process.

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PCI DSS Procedures Best Practices Verification 100

Fintech Finance

APRIL 10, 2025

Handling up to five cards, stored cards will block duplicates and even notify users if a card is expired while disallowing it to be used for payments. This new feature is available for both new and existing SWIVEL clients using SWIVEL’s Card Processing with quick and easy implementation at no additional cost to institutions.

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Blocks Regulatory Compliance Duplicate Payments 59

CB Insights

OCTOBER 2, 2018

Trends like data anonymization and homomorphic encryption are still in their infancy and have the potential transform our lives. It would enable Google to set up a secure and encrypted data exchange between data providers and advertisers. FAMGA are patenting the future of data security.

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Data Security Encryption Security Data Breach 58

Payment Savvy

DECEMBER 2, 2022

Designed for Android mobiles, the NFC payment app Google Pay also ensures you make transactions in a safe environment with end-to-end encryption across devices. Among the top features is find-my-device, with which you can search, block or delete devices that are no longer in use. They are even more secure than magnetic-stripe cards.

Mobile Payments 98

Mobile Payments Contactless Payments Online and Mobile Banking CHIPS 98

PYMNTS

AUGUST 16, 2019

The KNOB attack , short for “Key Negotiation Of Bluetooth,” interferes with users’ Bluetooth connections, confusing them into setting up a short encryption key that is easy to hack. The weakness was discovered by researchers who presented their findings at the USENIX Security Symposium. Bluetooth Low Energy is not affected.

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Security Encryption Breach CHIPS 48

PYMNTS

JUNE 29, 2018

The company has said that the transfer of encrypted data on a blockchain can lead to better security, and the wallet function lets users both view and purchase data (or sell it) via the marketplace. Use cases, according to CPChain, can span verticals as far flung as financial services and supply chains, medical devices and transportation.

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Blocks Blockchain Research Security 44

PYMNTS

APRIL 16, 2018

A Russian court has made it easier for the government to block the Telegram messaging app after its creators refused to turn over access to its users’ encrypted messages. According to The New York Times , Roskomnadzor, Russia’s state communications watchdog, requested the authority to block the app’s use in Russian territories.

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The Payments Association

DECEMBER 9, 2024

Quickly spotting discrepancies helps financial institutions block suspicious transactions, minimising losses. The key to mitigating these risks lies in adopting best practices, including AI explainability, robust encryption, and ongoing model training.

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Privacy Payment Security AI Security 88

PYMNTS

NOVEMBER 15, 2016

New lab comes equipped with a Faraday cage, a shielded room that blocks external signals to prevent outside interference of devices, which could easily hamper an ongoing criminal investigation. But it’s not just about hackers and deep web mystique. New York’s lab is mostly equipped to process evidence from mobile data.

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Crime Data Breach Law Enforcement Breach 62

PYMNTS

AUGUST 13, 2018

As a result of the alert, the FBI offered up advice for banks, including: implementing “separation of duties or dual authentication procedures for account balance, or withdrawal increases above” a certain amount; putting in place application white-listing to block malware from being executed; monitoring, auditing and limiting “administrator and business (..)

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FBI ATM Scams Third Party Vendors 58

PYMNTS

SEPTEMBER 29, 2019

In a letter sent to the tech giant on September 13th, investigators for the House Judiciary Committee requested information about Google’s “decision regarding whether to adopt or promote the adoption” of the protocol, which would encrypt internet traffic. Google has no plans to centralize or change people’s DNS providers to Google by default.

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Encryption Blocks Service Provider Acquirers 49

PYMNTS

OCTOBER 8, 2018

For example, the device comes with a camera cover so users can block the camera’s lens, and all video calls are encrypted. With security front and center on many consumers’ minds given the data breaches at Facebook , the company said it has designed the devices with security in mind.

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Data Breach Encryption Blocks Breach 57

PYMNTS

JUNE 13, 2019

Telegram is messaging app popular for organizing protests in China and Hong Kong because of its encryption capabilities, which allow for a greater degree of privacy for the user. The app is blocked in China, as is Facebook and The New York Times. Users can use software to get around that issue.

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Blocks Privacy Encryption Laws 46

PYMNTS

APRIL 10, 2018

Encryption and the digital keys that allow firms to scramble and descramble data are permanent parts of the payments landscape. Under the terms of those mandates, effective this year, encrypted keys must be managed in “bundled” blocks. In payments security, the key is the key.

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Encryption Use Case Security Mobile Payments 57

PYMNTS

SEPTEMBER 29, 2019

In a letter sent to the tech giant on September 13th, investigators for the House Judiciary Committee requested information about Google’s “decision regarding whether to adopt or promote the adoption” of the protocol, which would encrypt internet traffic. Google has no plans to centralize or change people’s DNS providers to Google by default.

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Encryption Blocks Service Provider Acquirers 48

Global Fintech & Digital Assets

DECEMBER 11, 2023

Encryption: The Amendments remove covered entities’ ability to rely on alternative compensating controls for the requirement to encrypt non-public information in transit over external networks. These scans are required on top of the requirement to conduct regular penetration testing.

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Cybersecurity Multifactor Authentication Risk Assessment MFA 59

PYMNTS

JULY 23, 2018

Since sports analogies abound in all corners of writing, try this one on for size: blocking and tackling — the digital kind. Who knows blocking and tackling better than Lewis Neal, defensive end of the Dallas Cowboys ? The keys are used both to encrypt and decrypt the sensitive payload. Haven’t heard that one, hmm?

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Data Security Security Encryption Authorization 53

PYMNTS

DECEMBER 12, 2019

Action by the FTC would probably involve an order that would force Facebook to stop enforcing its policies regarding apps, as well as blocking it from integrating apps any further, which could complicate things if the company is eventually ordered to break up. Facebook owns Instagram, Messenger and WhatsApp.

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FTC Federal Trade Commission Interoperability Encryption 52

PYMNTS

MARCH 20, 2017

But watchdog group Greatfire.org confirmed that the Pinterest block went into effect earlier this month. One theory is that the ban falls in line with a pattern of China blocking foreign sites that may pose a competitive threat to domestic businesses. billion citizens.

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Blocks Encryption Legal Security 41