PYMNTS

NOVEMBER 28, 2018

Earlier this week, reports said two researchers from Bloomsberg University of Pennsylvania made their case for safe harbor rules and overall easing of regulatory penalties for small businesses hit by a cyberattack. “This is where the paradox grows even deeper,” the researchers said. ”

Small Business 78

Small Business Cybersecurity Ransomware Compromise 78

PYMNTS

DECEMBER 7, 2018

PYMNTS recently caught up with Gula to learn more about reports of hackers stealing NSA’s own hacking tools, and to learn more about how payments and commerce players should focus their own cybersecurity efforts in 2019. That is still true, at least to an extent, according to new PYMNTS research. You just need two or three insiders.”.

Cybersecurity 96

Cybersecurity Payments Breach Privacy 96

PYMNTS

SEPTEMBER 9, 2019

The cybersecurity world is witnessing a potentially new, dangerous threat: according to insurance firm Euler Hermes, one of its corporates fell victim to cyber fraud after attackers used sophisticated artificial intelligence (AI) technology to impersonate the firm’s chief executive officer by mimicking his voice on the phone.

Cybersecurity 72

Cybersecurity Email Compromise Deepfake Crime 72

PYMNTS

NOVEMBER 27, 2018

Two researchers from Bloomsberg University of Pennsylvania are arguing that small businesses should not be held accountable to the same level as large corporations when hit by a cyber attack that exposes sensitive data. Reports in the Wall Street Journal on Sunday (November 25) said that researchers Loren F.

Research 75

Research Small Business Identity Theft Cybersecurity 75

Finextra

JANUARY 20, 2025

Mastercard is partnering with Northeastern University in Vancouver to accelerate cybersecurity innovation and expand Canadas technology workforce.

Cybersecurity 52

Cybersecurity Visa Research Innovation 52

The Fintech Times

JUNE 9, 2025

Identity fraud could be quickly becoming the next major challenge for businesses, with 59 per cent of firms reporting these types of attempts increasing compared to one year ago, according to new research. But not all firms are so optimistic about the future. Yet 47 per cent and 55 per cent fail to utilise these two strategies, respectively.

Account Takeovers 51

Account Takeovers Cybersecurity Fraud Prevention AI 51

Fintech News

FEBRUARY 21, 2024

The Monetary Authority of Singapore (MAS) has cautioned financial institutions on the cybersecurity vulnerabilities introduced by the advent of quantum computing. Experts predict that the cybersecurity challenges posed by quantum computing will become a reality within the next decade.

Third Party Vendors 113

Third Party Vendors Cybersecurity Mitigation Encryption 113

The Fintech Times

JUNE 17, 2024

According to research from fraud prevention platform Ravelin , the UK economy and businesses that reside within it are at great risk, as the UK’s online fraud presence has increased the most out of 10 countries surveyed in the past 12 months. Additionally, 51.8 In the survey, 19.9 Well over a third of businesses (40.4 Over a third (36.9

Research 122

Research Fraud Prevention AI Verification 122

PYMNTS

JANUARY 30, 2020

Cloud technology has lost some of its mystique in recent years, and consumers’ improved understanding has led to a boost in demand. Still, many are now integrating such technology for added fraud protection and cybersecurity. The cloud computing services market was expected to see 17.2 Future cloud computer developments .

Credit Union 80

Credit Union Cybersecurity Security Data Security 80

PYMNTS

OCTOBER 2, 2017

It was a team of cybersecurity researchers from the firm ERPScan, and not malicious hackers, who discovered that point-of-sale (POS) systems made by SAP had a gaping loophole. SAP Point of Sale. Luckily, this one was just a hypothetical hack — it could have been much worse. Elasticsearch Servers. National Bank of Canada.

Cybersecurity 76

Cybersecurity Breach Point-of-Sale (POS) Authentication 76

FICO

OCTOBER 11, 2018

October 2018 marks the 15 th annual National Cybersecurity Awareness Month , and today, FICO is making big news: we have teamed with the U.S. Chamber of Commerce to help all American businesses be more aware of, and better manage, their cybersecurity risk. businesses. The ABCs of the ABC. Today’s inaugural ABC gives U.S.

Assessments 68

Assessments Cybersecurity Data Breach Breach 68

PYMNTS

OCTOBER 16, 2020

Venture capital funding landed at startups focused on accounts payable (AP) and cybersecurity this week — with one payables startup raising $23 million in funding. Venture capital funding landed at accounts payable (AP) and cybersecurity technology firms, among other innovators that raised money this week.

Cybersecurity 69

Cybersecurity Innovation B2B Payment APIs and Integration 69

PYMNTS

JANUARY 24, 2019

Government procurement can bolster the strength of local small businesses (SMBs), and provide an example for technology adoption in areas such as eInvoicing and electronic payments. government is already taking on the cybersecurity front. government business.”

Cybersecurity 61

Cybersecurity Governance Government Risk Mitigation 61

Finovate

OCTOBER 1, 2024

Mastercard has agreed to acquire subscription management platform Minna Technologies. Minna Technologies offers technology that enables users to manage their subscriptions from within their bank app or website, saving users millions of dollars in spending on unwanted subscriptions. Terms were not disclosed. billion by 2028.

Visa 69

Visa Acquirers Technology Fraud Prevention 69

Fintech News

FEBRUARY 20, 2024

“The injection of SG$2 billion into the Financial Sector Development Fund (FSDF) from the Singaporean government will enable firms to spur technology adoption as well as extend support for talent development and upskilling efforts to cultivate a digital-ready workforce,” said Andrea.

FinTech 117

FinTech Cybersecurity AI Innovation 117

CB Insights

MARCH 27, 2019

Cybersecurity is a hot topic today. Future of Cybersecurity: Trends & Startups To Watch. Future of Cybersecurity: Trends & Startups To Watch. Learn about active cyber defense strategies and what they mean for the future of enterprise cybersecurity. Most recently, Dow Jones saw over 2.4M

Cybersecurity 76

Cybersecurity Encryption Data Breach Breach 76

The Finance Weekly

DECEMBER 12, 2023

Professionals, researchers, and enthusiasts must keep informed about the ,, latest AI news , especially in finance. It shares news and best practices, covering topics like AI technology advancements, its impact on financial tasks, and its use in areas like fraud detection, customer service, and investment management.

AI 130

AI Finance Fraud Detection Cybersecurity 130

The Fintech Times

FEBRUARY 5, 2025

Professionals in decision-making roles are driving their teams to enhance cybersecurity measures and reduce operational risks as AuditBoard , the cloud-based audit, risk, compliance, and ESG management platform, reveals that 91 per cent are concerned about looming cybersecurity threats.

Compliance 64

Compliance Cybersecurity Audit AI 64

The Fintech Times

FEBRUARY 26, 2025

Small and mid-sized businesses (SMBs) are suffering from a continuing onslaught of cyberattacks as threat actors adopt more efficient targeting and AI-driven attacks, according to a new report from cybersecurity firm SonicWall.

Automation 59

Automation AI Ransomware Email Compromise 59

CB Insights

DECEMBER 2, 2020

Fintech Smart Money VCs are showing a strong interest in the digital ID space — a narrow area at the intersection of cybersecurity, regulatory technology (regtech), and fintech. The post Where Fintech Smart Money VCs Are Placing Bets In Digital ID Technology appeared first on CB Insights Research.

Technology 73

Technology Money Laundering FinTech AML 73

Finextra

JUNE 13, 2025

Based on industry research and expert insights, here are five pivotal trends redefining mobile banking. Key features include: Real-time chatbots handle 85% of customer queries instantly, per Juniper Research. trillion in 2024, according to Cybersecurity Ventures, banking apps are adopting robust protections.

Mobile Banking 52

Mobile Banking Payment APIs and Integration Embedded Finance AI 52

Finextra

JUNE 13, 2025

The Strategic Imperative Tokenisation isn’t just a cybersecurity tactic — it’s a smarter, more resilient way to handle business payment data in a landscape where breaches are inevitable and reputational risk is high. For financial operations teams, it’s a proactive step that protects both reputation and revenue.

Data Security 59

Data Security Payments Data Security ISO 20022 59

PYMNTS

SEPTEMBER 30, 2019

Visner of the National Cybersecurity Federally Funded Research and Development Center (FFRDC) — managed by nonprofit MITRE , in support of the NIST National Cybersecurity Center of Excellence — told Karen Webster that cybersecurity threats to institutions and enterprises exist at several levels. The Bad Actors.

Cybersecurity 65

Cybersecurity Credential Encryption Phishing 65

Finovate

APRIL 1, 2024

If there is one area where AI is making a massive impact in financial services, that area is cybersecurity. The Treasury research team interviewed companies of all sizes, from “systemically important” international financial firms to regional banks and credit unions. A recent report from the U.S.

Treasury 64

Treasury Cybersecurity AI Risk 64

The Fintech Times

JANUARY 21, 2025

However, bad actors are also utilising the tech, with 92 per cent of IT and information security professionals in the Middle East, Turkiye and Africa (META) believing abuse of AI will increase in the region in the next two years according to Kaspersky , the cybersecurity company. ” The post Outside Expertise or In House Training?

AI 72

AI Cybersecurity Research Security 72

PYMNTS

JANUARY 10, 2020

The PBOC released the information in a recently released paper, saying that the “top-level design, standard formulation, functional research and development” of the digital yuan coin has been completed. Mu Changchun, the head of the digital currency research institute at the PBOC, said the focus will be on “stability, security and control.”

Digital Currency 102

Digital Currency Cybersecurity Laws Central Bank 102

PYMNTS

MARCH 25, 2020

cybersecurity firm FireEye said it suspects China is behind a surge in cyberspying that began in January, just when the coronavirus was starting to seriously spread outside of China, according to a report by Reuters. The firm wrote a report that said it suspected the activity was coming from a hacking group called “APT41.”

Cybersecurity 113

Cybersecurity Breach Governance Government 113

The Fintech Times

FEBRUARY 3, 2025

per cent of transactions in 2024, with fraudsters increasingly leveraging artificial intelligence tools to target financial institutions, according to new research from AuthenticID, an identity verification provider. The use of deepfake technology and generative AI is also on the rise, compounding the threat range.

Deepfake 81

Deepfake Account Takeovers Identity Theft Scams 81

PYMNTS

MAY 26, 2020

Tencent plans to invest 500 billion yuan, or $70 billion, in cloud computing, artificial intelligence (AI) and cybersecurity over the next five years, Reuters reported. Tencent said the coronavirus pandemic had hit cloud-based companies hard, but the eventual outcome would likely be in the favor of digitization.

Cybersecurity 60

Cybersecurity AI Adjustments Blockchain 60

The Payments Association

MARCH 19, 2025

The technology behind digital wallets has advanced rapidly, transforming them from simple payment tools into comprehensive financial ecosystems. The ascent of digital wallets The evolution of digital wallets has mainly been shaped by advancements in technology, a demand for convenience, and the broader shift towards cashless economies.

Digital Payments 88

Digital Payments Finance Online and Mobile Banking Payments 88

Seon

JUNE 27, 2024

The technology is advancing so rapidly that it’s impossible to anticipate what comes next, and even as we stand on the cusp of transformative change, we can’t solve the unknown variable. Such uncertainty is unwelcome in cybersecurity and fraud. These advancements have changed the way we approach cybersecurity and fraud detection.

Cybersecurity 52

Cybersecurity Fraud Detection Identity Theft Money Laundering 52

Fintech News

FEBRUARY 8, 2024

In an era marked by rapid technological evolution, the finance function within businesses stands at the forefront of digital transformation in the Asia Pacific (APAC). This shift is not merely about adopting new technologies; it’s about reimagining the role of finance in driving future business success.

APACS 113

APACS Assessments Finance Blockchain 113

Finextra

JUNE 30, 2025

A PYMNTS report in 2024 found 72% of finance leaders at banks say their departments utilize AI technologies in some form. institutions given their scale and technological leadership. A few highlights: JPMorgan launched a ChatGPT-like internal tool (“IndexGPT”) to assist wealth advisors with research.

AI 69

AI Finance Fraud Detection Use Case 69

The Fintech Times

APRIL 27, 2024

“More specifically, ensuring that organisations have a process to receive and fix vulnerabilities is already a best practice recommended by many of the most widely adopted cybersecurity frameworks and standards. However, many have proven fallible to cybercriminals who are increasingly finding new ways to breach their security.

API 124

API Cybersecurity Authentication Security 124

CB Insights

OCTOBER 29, 2021

Hyperproof , an enterprise governance, compliance, and risk management technology provider, has raised $16.5M 3M and Motorola Solutions are included among Hyperproof’s clients — as are leading cybersecurity companies like Sophos, ForgeRock, and AppGate. In Series A Funding appeared first on CB Insights Research.

Risk Management 63

Risk Management Compliance Governance Government 63

The Fintech Times

JUNE 11, 2025

Leveraging AI products from technology development giant NVIDIA , the UK’s financial regulator said the AI sandbox will give UK banks and financial services firms access to better data, technical expertise and regulatory support to speed up innovation. ” Encouraging operational risk elsewhere?

AI 45

AI Risk Cybersecurity Innovation 45

The Fintech Times

SEPTEMBER 14, 2024

Known for its technological advancements and industrial growth, Taiwan has also emerged as a notable player in the fintech sector. The six core strategies are: information and digital, cybersecurity, precision health, national defence and strategy, green and renewable energy, and strategic stockpile industries.

Innovation 119

Innovation FinTech Payment APIs and Integration Non-Bank 119