Fintech News

DECEMBER 10, 2024

This will enable collaborative intelligence without compromising the privacy or security of sensitive financial data. The partnership will leverage advanced AI and federated learning techniques combined with privacy-enhancing technologies (PETs) and Trusted Execution Environments (TEEs).

SWIFT 112

SWIFT AI Innovation Fraud Detection 112

Finextra

JUNE 6, 2025

Solo turns data into reusable, verified credentials, enabling banks, fintech firms and cryptocurrency platforms to make smarter, faster decisions, without compromising privacy.

Blockchain 93

Blockchain Interoperability Credential Compromise 93

PCI Security Standards

MAY 29, 2025

The PCI PTS POI Modular Security Requirements document enhances security controls to defend against physical tampering and the insertion of malware that can compromise card data during payment transactions. to version 7.0.

Compromise 108

Compromise Security Transactions Payments 108

VISTA InfoSec

MAY 12, 2024

When used, these devices will collect payment details without the merchant’s knowledge, compromising customer data security. This additional step helps prevent unauthorized access even if login credentials are compromised, keeping your data secure.

PCI DSS 277

PCI DSS Security Compromise Best Practices 277

VISTA InfoSec

MAY 23, 2024

These storage resources can be compromised and lead to data leaks similar to the unsecure S3 bucket of THSuite reported in 2020. Threat actors can compromise these and render passwords and other secrets useless. Storage resources are known as S3 buckets in AWS, with the type indicated as aws_s3_bucket.

Compromise 288

Compromise Database Best Practices Shutdown 288

Fintech Finance

JANUARY 9, 2025

They constantly need to compromise between conversion, fraud, and cost. Balancing risk management, driving conversion, and minimizing cost has always required ineffective compromises until now said Carlo Bruno, VP of Product at Adyen. Thanks to Adyen Uplift, businesses can optimize the full payments funnel with AI.

AI 98

AI Transactions Payment Solutions Payments 98

VISTA InfoSec

JUNE 19, 2024

However, this convenience comes with significant cyber risks that can compromise sensitive information and privacy. Malware and Ransomware Malware and ransomware are significant threats in the realm of video communication, with attackers leveraging these tools to compromise devices and networks.

Risk 277

Risk Ransomware Phishing Encryption 277

Fintech Weekly

APRIL 25, 2025

As business email compromise (BEC) cases rise, courts are split on who bears the loss. Learn how the imposter rule and alternative legal frameworks shape liability in BEC disputes.

Email Compromise 78

Email Compromise Compromise Business Email Compromise Legal Framework 78

BioCatch

MAY 29, 2025

Beyond the billions it steals every year, fraud inflicts deep psychological wounds on its victims, eroding confidence, compromising mental health, and, in the most tragic cases, leading to the loss of life. It is a pervasive, ever-evolving threat that harms individuals, undermines our economy, and threatens national security.

Compromise 64

Compromise Crime Finance Economy 64

Fintech News

MAY 8, 2025

The technology is enabling large scale impersonation scams, including executive-level business email compromise (BEC) attacks and misinformation campaigns. Many SaaS platforms include client-specific information in URLs, compounding the risk by exposing sensitive data when combined with compromised credentials.

Data Breach 120

Data Breach Deepfake MFA Phishing 120

Fintech News

APRIL 23, 2025

Built for mission-critical operations, NeuroBrick offers plug-and-go deployment, Tier 3 reliability, and supports scalable edge AI solutions without compromising on security or performance. NeuroWatts participation at GITEX Asia underscores its focus on enabling intelligent, efficient AI ecosystems across the region.

AI 112

AI Finance Compromise Privacy 112

VISTA InfoSec

APRIL 5, 2024

The following are some of the consequences when data privacy and security are compromised: Productivity loss. But by educating members on managing their passwords, identifying potential scams, and practicing proper file sharing, cases of compromise will be reduced. Operational interruption happens when cybersecurity is breached.

Best Practices 278

Best Practices Business Continuity Continuity Compromise 278

Fintech Finance

DECEMBER 10, 2024

Marko Maras, CEO of Trustfull, added: The Trustfull team is looking forward to supporting Scalapays mission of making payment flexibility accessible to everyone, without compromising security.

Fraud Prevention 97

Fraud Prevention BNPL Addressing Compromise 97

Fintech Finance

DECEMBER 11, 2024

This innovative approach uses federated learning techniques, combined with privacy-enhancing technologies (PETs), to enable collaborative intelligence without compromising proprietary data. Rhino Health will develop and deliver the core federated learning platform, and Capgemini will manage the implementation and integration of the solution.

SWIFT 95

SWIFT AI Cross-Border Payments Privacy 95

Payments Dive

MAY 14, 2025

Companies are struggling to keep up with fraudsters’ growing technological prowess, particularly in business email compromises.

Email Compromise 78

Email Compromise Compromise Payments Technology 78

Fintech Finance

APRIL 7, 2025

“We designed the Team Members Feature with one goal in mind: to empower businesses to manage finances collaboratively without compromising on control or compliance,” said Andrii Faier, Product Manager at PayDo. Why It Matters Manual workflows and the bureaucracy of permission control can stagnate the once-efficient workflows.

Accounts 64

Accounts IBAN Compromise Verification 64

VISTA InfoSec

JUNE 18, 2024

Even if passwords are compromised, those extra identity checkpoints block illicit access attempts. A single compromised login could damage your entire network. This advanced data security measure demands additional verification beyond just a device passcode, such as a fingerprint scan or random code from a mobile app.

Data Security 266

Data Security Security Encryption Cybersecurity 266

Fintech Finance

OCTOBER 31, 2024

Scalability: This partnership allows businesses to scale their operations effortlessly, adapting to growing customer demands without compromising on service quality. Enhanced Performance: Hyvä’s lightweight front-end technology, combined with Mollie’s reliable payment processing, will lead to faster load times and improved site performance.

Compromise 94

Compromise On-Demand Service Provider Payment Solutions 94

Fintech Finance

MARCH 10, 2025

Bringing enhanced security and convenience, Tap-to-Add Card eliminates the cumbersome process of manual entry, a common source of errors and a vulnerability exploited by fraudsters seeking to compromise sensitive card information.

Digital Payments 92

Digital Payments Security Payments Credential 92

The Payments Association

DECEMBER 9, 2024

However, as payment services rely more heavily on these AI technologies, they face a growing challenge: how to harness the power of LLMs without compromising data privacy. Payment data is inherently vulnerable because its compromise can have significant financial and personal consequences for consumers.

Privacy 88

Privacy Payment Security AI Security 88

VISTA InfoSec

MARCH 13, 2025

million accounts were leaked witnessing a 388% increase in compromised user accounts. In fact, the landscape of data security in Australia is becoming alarmingly dangerous, with a significant rise in data breaches posing a growing threat to businesses and individuals alike. In the first quarter of 2024 alone, there were around 1.8

PCI DSS 165

PCI DSS Data Breach Breach Compliance 165

Finextra

APRIL 9, 2025

The Monetary Authority of Singapore is investigating a ransomware attack on Toppan Next Tech, a vendor responsible for printing customer statements for DBS Bank and Bank of China (BoC) in Singapore, which exposed the personal data of thousands of customers.

Ransomware 78

Ransomware Compromise Authorization 78

Payments Dive

MARCH 5, 2024

The point-of-sale attack on a merchant processor may have compromised card numbers, expiration dates and cardholder names, Amex said in a state regulatory filing.

Processors 126

Processors Compromise 126

Fintech Finance

NOVEMBER 28, 2024

This goes beyond current methods of managing sensitive information for individuals and organizations, ensuring data recovery without compromising privacy. “We Furthermore, this allows users to set specific conditions, such as inheritance, for authorized data access.

Security 116

Security Transactions NFTs Blockchain 116

Fintech News

SEPTEMBER 1, 2024

The bank assured that customer funds were not affected during the service disruption, and no customer data was compromised. Customers encountered challenges accessing their accounts and conducting online transactions. ATM and card services was said to have remained fully functional throughout the incident.

Online and Mobile Banking 126

Online and Mobile Banking ATM Compromise Mobile Banking 126

Finextra

MARCH 4, 2024

American Express is writing to customers warning them that their account information may have been compromised in a data breach at a third party service provider.

Data Breach 119

Data Breach Breach Third-Party Service Provider Compromise 119

Finovate

MARCH 19, 2025

The collaboration will help banks, fintechs, and financial institutions enhance fraud prevention without compromising the user experience. Core banking provider Tuum and verification platform Sumsub announced a partnership this week. Tuum won Best of Show in its Finovate debut at FinovateEurope 2024 in London.

Fraud Prevention 96

Fraud Prevention Fraud Detection Payment APIs and Integration Verification 96

Fintech Finance

MAY 22, 2024

As fraudsters seek new ways to exploit technology, Mastercard is using generative AI to double the speed at which it can detect potentially compromised cards, further protecting cardholders and securing the ecosystem. In a bid to sell this data to other criminals, they place part of the 16-digit numbers on illegal websites.

Fraud Detection 97

Fraud Detection Visa AI Technology 97

Finovate

FEBRUARY 20, 2025

“Our partners at Live Oak Bank are committed to delivering the best solutions without compromise. . “We are proud to partner with Live Oak, a bank led by visionary leaders, offering modern, connected banking services for its customers,” Finzly founder and CEO Booshan Rengachari said.

FedWire 114

FedWire ISO 20022 ISOs Payment APIs and Integration 114

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

The Payments Association

JUNE 10, 2025

Millennials want payment options that match their mobile-first lifestyles without compromising on security,” says Kamran Hedjri, group CEO for PXP. When it comes to travel and accommodation, 38% of millennials use debit cards for hotel bookings, while 26% prefer credit cards to access rewards, insurance, or cashback benefits.

Security 88

Security Debit Card Payments Alternative Payment Methods 88

Fintech News

APRIL 28, 2025

Users will be able to store half of their private key in their passkey wallet while OKX holds the other half, enabling easier account recovery without compromising security. OKX said that funds cannot be moved without a customers explicit permission.

Web 3.0 69

Web 3.0 Stablecoins Money Laundering Payments 69

Fintech News

MAY 29, 2025

It is aimed at financial institutions of all sizes, particularly those seeking to upgrade infrastructure quickly without compromising on scale or security. ACI said its modular architecture and open APIs make it easier to integrate with existing systems and accelerate deployment timelines.

Payment APIs and Integration 64

Payment APIs and Integration Cross-Border Payments Federal Reserve SWIFT 64

Fintech News

FEBRUARY 2, 2025

By addressing the opportunities and challenges posed by these innovations, Pathway 2035 sparks the dialogue for progress without compromising security or trust. Origins and Collaborative Development Pathway 2035 builds on the BIS working paper Finternet: The Financial System for the Future , co-authored by A.

Innovation 132

Innovation Finance AI Encryption 132

FICO

FEBRUARY 16, 2023

For 2022, we saw a significant increase in compromised cards resulting from skimming activity. Total compromise cards were up 368% from 2021, with more than 161,000 impacted cards identified — nearly a 5x increase over 2021. Now that we have data from the entire year to review, we are seeing the alarming trend continue.

Compromise 98

Compromise Debit Card Scams Smishing 98

NACHA

MARCH 17, 2024

HERNDON, Virginia, March 18, 2024 – Nacha members have approved a set of rules intended to reduce the incidence of frauds, such as business email compromise (BEC), that make use of credit-push payments. The new rules establish a base-level of ACH payment monitoring on all parties in the ACH Network (except consumers).

Credit Push 121

Credit Push NACHA Nacha Rules Rules 121

Fintech News

JANUARY 9, 2025

For example, the observer node feature implemented during the PoC allowed Bank Indonesia to monitor transactions without compromising participants’ confidentiality. Building Success Through Collaboration Stakeholder engagement was pivotal to the success of the PoC.

Distributed Ledger Technology (DLT) 126

Distributed Ledger Technology (DLT) Multi-Currency Interoperability ISO 20022 126