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Barclays Credit Card Crypto Ban Renews Calls for Better Consumer Education

The Fintech Times

Starting 27 June, UK bank Barclays is blocking all attempts to buy crypto via its Barclaycard credit cards, citing “certain risks with purchasing cryptocurrencies” Barclays quietly announced the move to block crypto transactions on its Barclaycard website, on an FAQ page, shortly before it began enforcing the ban.

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Finovate Global Mexico: Payments Partnerships and International Acquisitions

Finovate

It also provides Breach Risk Scores that measure the severity of incidents in which their data was exposed, and a Personalized Action Plan of practical risk mitigation steps. Lithuania required financial institutions in the country to block payment card transactions from unregulated operators.

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Top 100 Fintech Tools and Platforms for Businesses

Fintech Review

Kyriba A global cloud-based treasury management system offering cash and liquidity management, payments automation, and risk mitigation solutions. Best for : Enterprises seeking full treasury and risk management integration. Here are the leading platforms supporting treasury excellence: 89.

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PSCU Unveils Enhanced Fraud Services To Help Protect Credit

PYMNTS

Petersburg, Florida-based PSCU said that participating “credit unions receive an assigned risk program consultant who, on a daily basis … analyzes the credit union’s fraud and risk mitigation initiatives.”. The pandemic has put credit unions on the hot seat in terms of fraud risk.

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Minimising FX risk in International payments: Strategies for 2025

The Payments Association

Streamlined processes and robust controls can mitigate these risks effectively. Jurisdiction Risks Operating in multiple jurisdictions introduces regulatory risks. Sudden changes to foreign exchange laws or restrictions on capital flows can delay or block payments.

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PULSE Taps FICO For Fraud Detection Across Its Debit Network

PYMNTS

In deploying the FICO Falcon Platform, enhanced fraud detection and blocking capabilities are made available to issuers, PULSE said. The result is that PULSE is able to offer customized fraud blocking rules for its issuers, and the rules can be implemented with greater speed than had been seen before. “In percent in 2017 to 6.7

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Kicking The Cash Out Of Japanese eCommerce

PYMNTS

One [reason] is risk mitigation, and the other is a fear of fraud,” Cummer noted. If I want a pumpkin spice latte, I’m going to walk the extra block to Starbucks. Some consumers like to see the goods before they pay for them.