Fintech News

FEBRUARY 17, 2025

This allows scammers to fraudulently provision stolen card credentials onto their mobile wallets for unauthorised contactless transactions. Authorities are working with banks, mobile wallet providers (Apple Pay, Google Pay, Samsung Pay), and card service providers (Visa, Mastercard) to tighten security measures.

Phishing

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

Fintech Finance

JUNE 10, 2025

Jack Forestell, Visa’s Chief Product and Strategy Officer said , “Combining the strength of our global network with our leadership in payment innovation here in Asia Pacific, we are bringing new products and solutions that will transform commerce and deliver trust and security to AI-enabled payments across the region.”

AI

Finextra

JUNE 13, 2025

While enterprise systems like ERP and CRM often have strong security protocols, these systems don’t operate in a vacuum. Why Traditional Defences Fall Short Historically, businesses have relied on layered security controls like encryption, firewalls, and access policies to protect payment information. That’s where the real risk lies.

Data Security

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

NFCW

MARCH 6, 2025

“The Arkansas Mobile ID is a contactless, highly secure, state-approved credential that resides on a smartphone,” the state’s Department of Finance and Administration (DFA) says. It empowers the citizen and ensures a state-issued credential is consistently accessible.

Law Enforcement

Fintech News

APRIL 29, 2025

The initiative aims to enable secure, seamless transactions through generative AI agents across consumer and business platforms. These tokens are intended to help AI agents complete transactions securely on behalf of users while maintaining transparency and user control. said Jorn Lambert, Chief Product Officer at Mastercard.

Visa

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

Fintech News

OCTOBER 27, 2024

Additionally, MAS has excluded phishing scams conducted through non-digital means, as these are addressed through public education and advisories that stress not sharing credentials or one-time passwords (OTPs). Telcos’ Duties Telcos play a key role in securing SMS channels used in digital banking.

Phishing

NFCW

JULY 9, 2025

“NFC ticketing enables quick tap-in, tap-out access for transport and events; optimising queueing while maintaining security. “This growth is fuelled by Apple’s move to open iPhone NFC access; allowing third-party apps to securely store payment credentials and enable tap-to-pay transactions.

Contactless Payments

The Payments Association

JULY 18, 2025

Colombe Hérault highlights that this integration could streamline processes like online age verification, student discounts, and property rental credentials. However, these integrations must be secure, seamless and widely accepted. As new types of wallets emerge, security mechanisms must evolve accordingly.

Payments

Stax

MAY 5, 2025

In addition to the usual concerns around security and compliance, there’s also the issue of user experience. Difficulties with debugging, especially in edge cases like 3D Secure or chargebacks. Fraud detection systems might not be active in the sandbox, leading to a false sense of security.

Payment Gateways

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

NFCW

MARCH 13, 2025

” “The TW DIW will allow individuals to securely store their digital credentials, such as Citizen Digital Certificates, National Health Insurance (NHI) Cards, and Drivers Licenses,” it adds.

Credential

The Payments Association

JANUARY 22, 2025

This increased digital dependency has raised the need for secure access and quick and easy identity verification online. Still, they also expose new data privacy and security challenges due to the increasingly complex threat landscape. Security does allow passengers to opt out of any biometric identification.

Security

EBizCharge

FEBRUARY 26, 2025

Understanding credit card processing in NetSuite NetSuite credit card payment processing allows businesses to securely process customer payments by integrating with payment gateways and merchant accounts, enabling seamless transactions for online, in-store, and invoice-based sales. Compatibility is key for smooth payment workflows.

Credit Cards

Fintech News

JULY 2, 2025

In fact, 62% of high-performing fraud teams now list real-transaction monitoring as their top investment priority, highlighting an industry-wide pivot from reactive to proactive security strategies. For instance, the use of emulators, device spoofing or unusual browser configurations can signal attempts to bypass security measures.

Fraud Prevention

The Fintech Times

JANUARY 8, 2025

Through the use of its address verification technology, iDenfy hopes to set a new standard for reliability and security, helping businesses combat fraud and prevent document forgery more effectively. “Our new approach ensures that applicants cannot tamper with their address verification,” he explained.

Verification

The Payments Association

JULY 23, 2025

Visa and Mastercard have deployed tokenised credentials and API-first architectures, but legacy banking systems—built on monolithic mainframes—lag behind. It replaces sensitive card data with dynamic tokens, allowing agents to transact securely across touchpoints. Network tokenisation is the cornerstone of agent-driven payments.

Payment APIs and Integration

Stax

JULY 21, 2025

Security features Visa and Mastercard both offer a range of security benefits. Key similarities between Visa and Mastercard business cards Security and fraud controls: Business card programs may come with protections like zero liability policies, real-time alerts, and spending controls.

Visa

Fintech Finance

FEBRUARY 6, 2025

FXellence , a provider of fast, simple, and secure international business payments, has announced the launch of its new cross-border payment platform for businesses, FXellence International Payments, powered by Currencycloud , a Visa Direct offering.

Cross-Border Payments

The Fintech Times

MAY 1, 2025

Finally, Visa shared the expansion of its Flex Credential platform, and new products and services that provide more ways for people to make and receive payments. As new ways to pay emerge, they need to run on a network that is always on that is safe, secure, scalable and relentlessly innovating, explained Visa CEO Ryan McInerney.

Stablecoins

Fintech Finance

JUNE 8, 2025

The EU Digital Identity Framework aims to give every citizen access to a secure digital identity wallet by 2030, allowing them to verify their identity across borders and services with a simple tap on their device.

Online and Mobile Banking

Fintech Finance

JUNE 11, 2025

Click to Pay is an online checkout experience that allows consumers to make fast, convenient and secure purchases without manually entering card details. This is a global first dual-network debit card implementation, providing Australian consumers a secure and simplified experience,” said CEO of G+D e-Payments, Gabrielle Bugat.

Debit Card

The Fintech Times

NOVEMBER 6, 2024

These include: Visa Flexible Credential – This enables a single card product to toggle between payment methods. Click to Pay – Enables consumers to complete online transactions within a few clicks, powering a more seamless and secure checkout experience at scale.

Product

Fintech Finance

MAY 1, 2025

. “As new ways to pay emerge, they need to run on a network that is always on – that is safe, secure, scalable and relentlessly innovating,” said Visa CEO Ryan McInerney. This is the next step in Visa’s journey to connect even more buyers and sellers through seamless, secure digital payments.

AI

Fintech News

APRIL 28, 2025

The product aims to address long-standing challenges in crypto use, including the complexities of managing private keys and the historical risk of losing digital assets due to forgotten credentials. OKX said that funds cannot be moved without a customers explicit permission. Deposits will remain unlocked and can be withdrawn at any time.

Web 3.0

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

Clearly Payments

NOVEMBER 6, 2024

What is the Payment Processing Market The payment processing market is an ecosystem that enables the secure, efficient transfer of funds from customers to merchants for goods and services. They require secure systems like point-of-sale (POS) terminals , online checkout gateways, or mobile payment solutions to process payments.

Process

The Fintech Times

JULY 9, 2025

Accredited under the Mastercard Engage Partner Programme, Stanchion delivers a suite of Digital-First capabilities—including tokenisation, dynamic card security codes, PIN management and modern issuer services—designed to help banks meet rising customer expectations for secure, seamless payment experiences. “We

Issuers

Fintech News

APRIL 25, 2025

Top 5 industries globally with the highest fraud ratesIdentity fraud rates in 2024, Source: APAC Identity Fraud Report 2024, Sumsub The rise of AI-driven fraud A separate study by security solution provider Entrust and Docusign, which surveyed over 1,400 organizations globally in Q4 2024, found similar trends.

Deepfake

Finextra

JULY 7, 2025

Fraud-fighting models double detection rates, block over $350 million in attempted theft for the case and slice scam losses by up to 50 percent, with one bank saving 17 percent more funds for clients and processing 250,000 security queries each month.

AI

Fintech Finance

JUNE 5, 2025

Through integrating their respective technologies, Trustly and Point & Pay verifies bank accounts in real-time, using customers’ online banking credentials via single sign-on to confirm routing information and availability of funds.

Government Payments

Finextra

JULY 3, 2025

1 Like 0 03 July 2025 Be the first to comment Nikunj Gundaniya Product manager Digipay.guru Location Ahmedabad Followers 12 Opinions 67 Follow Unfollow Your customers expect quick, secure, and smooth digital payments. Security, compliance, and transparency Without strong security, you risk user trust.

eWallet

Fintech News

NOVEMBER 24, 2024

Finastra spokesperson Sofia Romano revealed that the company first detected “suspicious activity” on 7 November, specifically within an “internally hosted Secure File Transfer Platform (SFTP).” ” The hacker selling the data alleges it originated from IBM Aspera, a widely used file-transfer software.

Breach

Fintech Finance

MARCH 3, 2025

Visa has also developed Tap to Confirm, which allows consumers to quickly and securely authenticate a high value transfer and Tap to Send and Request money, a feature that allows you to tap your physical card or card credential to a device wallet on a friends phone to securely send and receive money quickly and seamlessly.

Point-of-Sale (POS)

Fintech News

JANUARY 13, 2025

The National University of Singapore (NUS) has partnered with Northern Trust and UOB to launch a first-of-its-kind initiative that uses blockchain technology to track green bond credentials. This move aims to increase transparency and trust in ESG (environmental, social, and governance) reporting within the financial sector.

Blockchain