Payments Source

SEPTEMBER 10, 2018

Today: Amazon Go opens in New York; Paul Galant joins Softbank subsidiary; Visa adds disaster recovery feature; Russian hacking suspect extradited to New York; Vizeo TV may have to disclose spying on viewers. The information you need to start your day, from PaymentsSource and around the Web.

Disaster Recovery 63

Disaster Recovery 63

PYMNTS

JANUARY 13, 2021

CDFIs deliver affordable credit as well as training on disaster recovery and rebuilding – and that is exactly what small businesses need right now to withstand ongoing economic and climate changes,” said OFN President and CEO Lisa Mensah in the press release.

Disaster Recovery 90

Disaster Recovery Small Business Finance Continuity 90

PYMNTS

NOVEMBER 15, 2018

During the meeting, the CU restored internal communications with prepaid phones, which included Wi-Fi hotspots and allowed the CU to connect to its core operating system from the disaster recovery site. These and other disaster recovery efforts speak to the CU’s core mission. They are loyal to the credit union.

Credit Union 72

Credit Union Disaster Recovery Innovation Addressing 72

PYMNTS

OCTOBER 20, 2020

The company’s partners can avoid the historically bulky and costly process of issuing, printing and sending out paper checks by harnessing prepaid and gift cards as types of disaster recovery help.

Disaster Recovery 56

Disaster Recovery Checks Governance Government 56

Fintech News

MAY 5, 2024

The same applies to reduced risk management, with Oradian able to provide greater visibility and control over a supplier’s operations, security protocols, and disaster recovery plans. On establishing strategic partnerships, Antonio highlights the importance of mutual benefits, shared goals, and a commitment to success.

Financial Inclusion 92

Financial Inclusion Underserved Regulatory Compliance Disaster Recovery 92

The Paypers

MARCH 7, 2017

(The Paypers) Acronis has announced a partnership with Synnex , where Synnex will distribute the Acronis data protection and disaster recovery products for virtual, physical, local, cloud, and mobile environments.

Disaster Recovery 28

Disaster Recovery Technology Product 28

PYMNTS

NOVEMBER 25, 2020

If that vendor has problems because of load — because there is no disaster recovery, there is no redundancy — then they are stuck,” he said. By contrast, Patel said a platform can offer a one-stop-shop for know your customer (KYC), identity verification and other services to FIs.

AI 141

AI Verification Disaster Recovery Authentication 141

PYMNTS

NOVEMBER 9, 2016

According to the executive, the company had previously hosted its servers in-house and was paying for a disaster recovery service. Its loan management system, FolkLMS, manages the company’s relationship to investors, Straw explained. “We chose Azure because it’s a great platform for our business,” Straw added.

Disaster Recovery 68

Disaster Recovery Small Business NOV Finance 68

Nanonets

JUNE 27, 2023

Backup and disaster recovery Establish a robust backup and disaster recovery plan for your digitized documents. Consider cloud storage options for secure and scalable document storage, ensuring data redundancy and disaster recovery capabilities.

Product 52

Product Disaster Recovery Automation Compliance 52

PYMNTS

JULY 16, 2019

The new cloud service is secure and scalable, utilizing Amazon Web Services for reliable disaster recovery and redundancy to ensure consistent uptime. “Ondot’s eight years of experience working closely with banks and credit unions help us understand the security and compliance needs of our clients.”.

Credit Union 51

Credit Union Disaster Recovery Innovation Issuers 51

Nanonets

JUNE 19, 2023

Backup and Disaster Recovery: Implementing robust backup and disaster recovery mechanisms is essential for on-premise automation. These tools enable IT administrators to monitor, maintain, and control the automation infrastructure effectively.

Automation 52

Automation Disaster Recovery Process Security 52

FICO

JANUARY 14, 2021

I am sure that many businesses will have spent time reflecting and reviewing their business contingency/disaster recovery plans with a view to identifying what they could have done differently, and what should be put in place to handle a similar situation in the future.

Disaster Recovery 52

Disaster Recovery On-Demand Automation Mitigation 52

FICO

APRIL 18, 2018

New capabilities include: DMS Enterprise Grade Cloud Service: Now available on AWS, this managed service provides 24x7 high availability, disaster recovery, and supports the development, test and production environment.

Disaster Recovery 40

Disaster Recovery AI Use Case Product 40

PYMNTS

NOVEMBER 9, 2020

The jarring digital shift of 2020 was a disaster recovery scramble that just swept away these most human of behaviors. The answer is “both,” but there the simplicity ends. It’s the old story about how we don’t miss something until it’s gone. Like going to the mall, or that favorite pub. With the U.S.

Disaster Recovery 104

Disaster Recovery Consumer On-Demand Research 104

Global Fintech & Digital Assets

MARCH 5, 2024

Banks’ contingency and disaster recovery arrangements should cover any disruption to the outsourced services. The bank should ensure that the service provider can effectively provide the service, monitor the service provider’s performance, and establish appropriate policies and procedures around the outsourcing arrangements.

Authorization 59

Authorization Product Due Diligence Procedures 59

Nanonets

APRIL 5, 2023

Disaster recovery : A document management workflow can serve as a backup system in the event of a disaster, such as a fire or flood. Version Control : Keeping track of multiple versions of a document can be challenging, especially if they are stored in different locations.

Disaster Recovery 52

Disaster Recovery Compliance Legal Automation 52

PYMNTS

MARCH 25, 2019

In testimony before the aforementioned committee, Adrienne Williams-Octalien, director of the Office of Disaster Recovery, noted that the system is a cause of payment delays.

Disaster Recovery 40

Disaster Recovery Payments Small Business Addressing 40

Nanonets

DECEMBER 13, 2023

Moreover, AI contributes to effective disaster recovery planning by monitoring data backups and facilitating swift recovery processes. AI's proficiency in fraud detection and anomaly identification safeguards against financial losses and maintains the integrity of claims data.

AI 102

AI Process Fraud Detection Compliance 102

PYMNTS

JULY 23, 2020

The pandemic has been an accelerant for companies making that digital transformation, but disaster recovery and continuity plans really didn’t account for remote work for this long of a time period.”. It’s never been more secure, and the needs have never been greater.

Disaster Recovery 60

Disaster Recovery Automation Accounts Risk 60

FICO

APRIL 16, 2019

We are running in an active-active mode across multiple data centers, allowing for almost zero downtime during disaster recovery situations for real-time claims.”. “The solution allows for zero downtime deployments within a day should the need arise.

Disaster Recovery 40

Disaster Recovery Advisors Rules Volume 40

PYMNTS

MARCH 17, 2017

Douthwaite also noted the importance of a business having daily backups and a disaster recovery plan, so that in the wake of an attack, they are able to restore their mission critical files. “It

Breach 40

Breach Ransomware Disaster Recovery Cybersecurity 40

PYMNTS

MAY 15, 2017

“That is where technology comes into play,” she said, referring to the availability of tools and software suites focused on cybersecurity, with attendant offerings in compliance to disaster recovery, among other areas. And yet, even as technology advances, one size does not fit all, the duo agreed.

Risk 43

Risk Cybersecurity Disaster Recovery Risk Management 43

PYMNTS

MAY 2, 2016

We complete customer and vendor due diligence and audits, manage disaster recovery planning and testing, manage customer contracts for compliance with regulatory and recovery clauses and ensure staff are aware of compliance requirements.

Risk 41

Risk Risk Management Disaster Recovery Audit 41

Fintech News

JANUARY 21, 2024

The database’s approach to disaster recovery, involving a network of IDCs across multiple sites, focuses on providing resilient and dependable data management solutions.

Database 107

Database Disaster Recovery Addressing Volume 107

PYMNTS

JUNE 30, 2020

Typically, he told Webster, the smaller firms that are the least mature – with local systems and legacy tech in place – have not examined their disaster recovery or continuity plans. Companies that are a bit more mature may be operating across multiple sites and have at least some disaster recovery roadmap in place.

Business Continuity 104

Business Continuity Continuity Disaster Recovery Best Practices 104

Payments Source

MARCH 17, 2020

Automated and interactive teller machines aren’t germ-free in the best of times, and the pandemic has raised new concerns about the possibility of those devices infecting consumers and staff.

ATM 99

ATM Automation Consumer Disaster Recovery 99

Nanonets

JULY 28, 2023

From streamlining processes and improving efficiency to enhancing security, compliance, collaboration, and disaster recovery, document workflow management can revolutionize how your business handles its documents.

Disaster Recovery 52

Disaster Recovery Automation Compliance Procedures 52

Nanonets

SEPTEMBER 21, 2023

With features such as compliance management, data security, and disaster recovery, small businesses can proactively address potential risks and ensure business continuity. An ERP system can help identify and mitigate various risks by integrating risk management functionalities.

Small Business 40

Small Business Automation Risk Process 40

Nanonets

SEPTEMBER 22, 2023

Additionally, cloud-based software providers often have stringent security protocols in place, including regular data backups and disaster recovery plans. These solutions employ advanced encryption and security measures to keep sensitive financial data safe from unauthorized access or breaches.

Small Business 52

Small Business Accounts Online and Mobile Banking Automation 52

PYMNTS

MAY 27, 2020

In an announcement on its website, Paycor said the certification means the company has demonstrated robust compliance and risk management capabilities, adherence to NACHA’s Operating Rules, and adequately addressed disaster recovery and business continuity needs of business clients.

Blocks 92

Blocks RTP NACHA Credit Union 92

Nanonets

MAY 8, 2023

Audit trails can prevent fraud, aid in disaster recovery, and ensure compliance with regulatory agencies. Disaster recovery is another significant benefit of audit trials. A comprehensive and accessible audit trail can help your business deal with an unexpected crisis or disaster.

Audit 52

Audit Procedures Disaster Recovery Reconciliation 52

Global Fintech & Digital Assets

DECEMBER 11, 2023

Requirements related to business continuity and disaster recovery have also been included for the first time. The changes impose more demanding requirements for larger entities, new obligations to report ransomware incidents and payments, and expanded oversight responsibilities for board and senior management.

Cybersecurity 59

Cybersecurity Multifactor Authentication Risk Assessment MFA 59

Nanonets

MAY 6, 2024

Security : BlackLine prioritizes security with ISO/IEC 27001 certifications, SSAE 18 SOC 1 and SOC 2 Type II reports, and robust protection measures such as TLS cryptographic protocols, firewalls, disaster recovery services, and third-party penetration testing. Single sign-on (SSO) enhances security and user experience.  

Reconciliation 52

Reconciliation Accounts Audit Automation 52

PYMNTS

SEPTEMBER 13, 2018

The most effective means for business protection from ransomware is a backup and disaster recovery solution, followed by cybersecurity training.”. “No single defense solution is guaranteed to prevent a ransomware attack,” Shulmistra said. Consumers and businesses do appear to be fighting back.

Ransomware 58

Ransomware MSPS Disaster Recovery Cybersecurity 58

Segpay

MARCH 20, 2024

Banks must implement robust contingency plans, disaster recovery measures, and fail-safe mechanisms to mitigate the risks associated with technology dependencies and ensure business continuity in the event of AI system failures.

AI 111

AI Privacy Non-Bank Fraud Detection 111

PYMNTS

MAY 9, 2019

As for the firms that received awards — Snapshot, an app-based solution looking to prepare small businesses for disasters by making it easier for them to catalog their inventory ahead of time, took home first place and a $25,000 prize. Second place was also taken by a disaster preparedness application: Disaster Recovery Score.

Small Business 56

Small Business Disaster Recovery Economy Participant 56

M2P Fintech

AUGUST 8, 2023

The approach reduces the risk of vendor lock-in and enhances both reliability and disaster recovery capabilities. This flexibility enables easy scalability of their credit card management system to meet growing customer needs, all while maintaining high performance and robust security.

Credit Cards 52

Credit Cards Payment APIs and Integration Issuers API 52