Fintech News

NOVEMBER 5, 2024

Tencent, through its Singapore subsidiary Tencent SenseTech, ensures data localisation and offers technical support, prioritising data security and privacy compliance. The technology uses a dual-layer security approach that combines palm print and vein recognition, providing accuracy even in challenging lighting.

Enrollments 123

Enrollments Payments Encryption Participant 123

VISTA InfoSec

JULY 19, 2024

As fraudsters are continuously finding new ways to strike, we’re continuously finding new ways to prevent them with controls such as encryption, multi-factor authentication, fraud detection software, etc. It affects how secure the hardware is, as well as how well data stays safe. However, manufacturers DO.

Cybersecurity 264

Cybersecurity Encryption Fraud Detection CHIPS 264

Fintech Review

APRIL 20, 2025

Cybertech refers to the suite of digital tools designed to secure networks, systems, and users from cyber threats. In the financial sector, it includes fraud detection, threat intelligence, data encryption, biometric verification, and risk monitoring. New features can be launched with confidence that systems will remain secure.

Finance 59

Finance Security Fraud Detection Encryption 59

PCI Security Standards

SEPTEMBER 3, 2024

In a significant move, the PCI Security Standards Council (PCI SSC) has announced enhancements to its Point-to-Point Encryption (P2PE) Program for use with the currently published P2PE Standard v3.1,

Encryption 116

Encryption Security Continuity Accounts 116

PCI Security Standards

FEBRUARY 6, 2025

From 6 February to 6 March, eligible PCI SSC stakeholders are invited to review and provide feedback on the draft PCI Point-to-Point Encryption (P2PE) v3.2 Standard during a 30-day request for comments (RFC) period.

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Request for Comment Encryption Participant 116

The Payments Association

DECEMBER 9, 2024

The dual impact of generative AI on payment security, highlighting its potential to enhance fraud detection while posing significant data privacy risks. While AI generally offers significant improvements to payment security, its deployment also raises concerns about protecting sensitive customer information. What is this article about?

Privacy 88

Privacy Payment Security AI Security 88

Finextra

APRIL 6, 2025

In today's digital world, data security is a critical priority for organizations across all industri.

Data Security 98

Data Security Encryption Security 98

VISTA InfoSec

JANUARY 18, 2024

with a particular emphasis on the move towards ‘network security controls’. As a reminder, the Payment Card Industry Data Security Standard (PCI DSS) is a comprehensive set of security requirements that all organizations handling cardholder data must adhere to. As we continue our exploration of the updated PCI DSS v4.0,

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PCI DSS Procedures Encryption Security 289

Fintech Finance

DECEMBER 12, 2024

Mastercard, in collaboration with the Central Bank of Egypt (CBE) and Egyptian Banks Company (EBC), brings Apple Pay to users in Egypt, providing a safer, more secure and private way to pay in-store, in-app and online. Security and privacy are at the core of Apple Pay.

Visa 98

Visa Central Bank Debit Card Encryption 98

EBizCharge

MARCH 18, 2025

For companies using Sage 100, understanding how to process credit cards securely is not just an option it’s a necessity. These gateways act as a bridge between your business and financial institutions to process customer transactions quickly and securely. What is Sage 100?

Credit Cards 52

Credit Cards Process Security Data Breach 52

Fintech News

NOVEMBER 5, 2024

This solution leverages blockchain technology, including advanced encryption and AI, to enhance the efficiency and transparency of fund movements for improved global liquidity management. By integrating with the Whale platform, Standard Chartered facilitated the seamless transfer of SGD liquidity within Ant International’s group of entities.

Settlement 113

Settlement Blockchain Liquidity Management Treasury Management 113

VISTA InfoSec

MARCH 28, 2024

This article explores ten key principles that every company should know and implement to ensure the highest level of data security. Data Security To secure customer data, employ encryption for data at rest and in transit. This means encrypting data on your servers and any data being sent over the internet.

Data Breach 278

Data Breach Regulatory Compliance Breach Encryption 278

Fintech Finance

DECEMBER 11, 2024

To better combat fraud in cross-border payments, Swift, the global provider of secure financial messaging services, is working with Google Cloud to develop anti-fraud technologies that use advanced AI and federated learning. This data remains encrypted throughout the entire process, including computation, ensuring end-to-end data privacy.

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SWIFT AI Cross-Border Payments Privacy 95

VISTA InfoSec

JULY 31, 2023

The PCI DSS Checklist is a crucial first step in securing your business. It’s a tool that helps businesses ensure they’re meeting all the requirements of the Payment Card Industry Data Security Standard (PCI DSS). The QSA will review the business’s security measures and access controls, and provide a report on their findings.

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PCI DSS Security Encryption Compliance 130

VISTA InfoSec

OCTOBER 21, 2024

As fraudsters are continuously finding new ways to strike, we’re continuously finding new ways to prevent them with controls such as encryption, multi-factor authentication, fraud detection software, etc. It affects how secure the hardware is, as well as how well data stays safe. However, manufacturers DO.

Cybersecurity 189

Cybersecurity Encryption Fraud Detection CHIPS 189

Clearly Payments

OCTOBER 30, 2024

It’s more complex than domestic payments, as it requires a payment infrastructure that supports global payment options and multiple currencies while ensuring security and compliance with foreign regulations. Fraud Prevention and Security Cross-border transactions have higher fraud risks than domestic payments.

International Payments 105

International Payments Process Multi-Currency Cross-Border 105

Fintech Finance

DECEMBER 17, 2024

In a landscape where speed and security are essential for consumers, PayU sets a milestone by becoming the first payment gateway in Colombia to integrate Google Pay (GPay). With this integration, many Google users will have access to a method that facilitates secure transactions in just two clicks. billion by 2025, compared to $59.74

Payment Gateways 97

Payment Gateways Gateways Online and Mobile Banking Payments 97

Fintech Finance

JANUARY 20, 2025

Apple Pay is a safe, secure and easy way to pay in-store, in-app and online. Every Apple Pay purchase is secure because it is authenticated with Face ID, Touch ID, or device passcode, as well as a one-time unique dynamic security code. Visa, a world leader in digital payments, today brings Apple Pay to its customers in Egypt.

Contactless Payments 105

Contactless Payments Debit Card Encryption CHIPS 105

VISTA InfoSec

FEBRUARY 25, 2024

This guide makes sensitive cybersecurity concepts approachable to enable smarter decisions in securing your systems against catastrophe. Most data breaches boil down to security failures and human error. Best Practices For Prevention Ultimately, consistent vigilance and proactive security safeguards offer the best breach protections.

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Data Breach Breach Multifactor Authentication Cybersecurity 272

Stax

MARCH 18, 2025

It ensures the secure transfer of funds from a customer to a merchant via their preferred payment method. A payment processing system is a technology that facilitates the secure transfer of funds from a customer to a merchant. They set interchange fees and security standards for processing payments.

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Process Payment APIs and Integration Processors Online and Mobile Banking 88

Fintech Finance

APRIL 2, 2025

This new feature enables both individuals and businesses to add their debit cards to Google Wallet, making payments more convenient and secure. Payments are completed faster, and customers benefit from Google Pays robust security features, which ensure that card details remain encrypted and protected during every purchase.

Contactless Payments 52

Contactless Payments Security Online and Mobile Banking Debit Card 52

The Payments Association

MARCH 28, 2025

These professionals may be needed to build complex programs, set up systems, and ensure security measures are in place to protect sensitive payment information. Missing such experts can lead to integration difficulties, security risks, and system downtime for merchants.

Payment APIs and Integration 88

Payment APIs and Integration Payment Gateways Gateways API 88

VISTA InfoSec

JULY 17, 2024

Encrypting messages and choosing secure ways to talk online are keys to keeping secrets safe in any language. It breaks down walls and secures us all better. Overcoming language barriers and security vulnerabilities Talking to people in a language they understand makes it easier for them to follow security rules.

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Cybersecurity Compliance Encryption Best Practices 238

VISTA InfoSec

OCTOBER 21, 2024

Right now, crypto is considered to be more secure than traditional currencies and payment methods. This is chiefly due to the fact that quantum computers will be able to hack through current common encryption algorithms like RSA, ECDSA, and ECDH. However, this is going to change once quantum computers become the new norm.

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Cybersecurity Encryption Scams Cryptocurrency 221

Fintech Finance

APRIL 2, 2025

This milestone marks a significant step towards seamless and secure international remittances, allowing users to receive money from abroad directly into their bank accounts or mobile money wallets (MTN Mobile Money, Telecel Cash, and AirtelTigo Money). Whether for family support, school fees, business transactions, or essential expenses.

PCI DSS 59

PCI DSS Security Cross-Border Cross-Border Payments 59

Stax

MARCH 6, 2025

The system generates a one-time encrypted code for each transaction, preventing fraudsters from stealing payment data. Each offers a fast, secure option that helps reduce checkout friction. These 7 contactless payment methods come with built-in security features like encryption, tokenization, and proximity-based protection.

Contactless Payments 88

Contactless Payments Online and Mobile Banking Encryption CHIPS 88

VISTA InfoSec

SEPTEMBER 5, 2024

Small and medium enterprises (SMEs) are especially vulnerable to these attacks due to limited resources and a lack of cyber security expertise. Understanding the significance of cyber security is crucial for protecting sensitive data and ensuring business continuity. What are the most common cyber security threats for SMEs?

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Security Phishing Ransomware Risk Assessment 130

VISTA InfoSec

OCTOBER 21, 2024

Small and medium enterprises (SMEs) are especially vulnerable to these attacks due to limited resources and a lack of cyber security expertise. Understanding the significance of cyber security is crucial for protecting sensitive data and ensuring business continuity. What are the most common cyber security threats for SMEs?

Security 130

Security Phishing Ransomware Risk Assessment 130

The Fintech Times

NOVEMBER 13, 2024

Family unlocks a great experience and secure gateway to a host of new user benefits that come only with decentralised applications on blockchain.” Avara places a special emphasis on security and has ensured the Family wallet has been thoroughly audited before release by top security firm Zellic.

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Encryption Transactions Credential Audit 109

Fintech Finance

DECEMBER 18, 2024

This new offering empowers businesses to provide customers with a seamless, secure, and efficient online checkout experience. Our goal is to make payments as easy and secure as possible for both businesses and their customers, said Benjamin Haguel, CEO at TCB Pay. The global mobile payment market size was valued at USD 88.50

Federal Reserve 93

Federal Reserve Contactless Payments Encryption Security 93

Stax

JANUARY 21, 2025

To accept electronic payment methods fast and securely, you need a payment gateway. Ensure the gateway offers PCI DSS compliance, encryption, tokenization, and fraud prevention tools to safeguard transactions. Every business model has unique transaction needs, security requirements, and customer expectations.

Payment Gateways 88

Payment Gateways Gateways PCI DSS Payment APIs and Integration 88

Clearly Payments

JANUARY 14, 2025

The main reason is to lower transaction costs and handle larger sums of money more securely. Security and Fraud With the rise of online shopping, some businesses worry about fraud and the costs associated with fraudulent transactions. Strong Security Measures Payment security is more important than ever.

Online and Mobile Banking 105

Online and Mobile Banking Processors Payments Debit Card 105

Fintech News

FEBRUARY 4, 2025

As fraudsters adapt to security measures and consumer awareness, it is crucial to examine the most prevalent fraud types, their impact on both consumers and businesses, and the measures necessary to counteract them. Percentage of security concerns pointed out by the consumers. Photo taken from Adyen Index: Retail Report 2024.

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Fraud Prevention Phishing Authentication Disputes 104

Fintech Finance

OCTOBER 25, 2024

Bluefin , a leader in PCI-validated encryption and tokenization technologies that protect payments and sensitive data, today announced a strategic partnership with Sycurio , the global innovator in securing frictionless multi-channel payments and enabling seamless transitions between voice and digital payment methods.

Payment Security 98

Payment Security PCI DSS Security Encryption 98

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 52

Security Transactions Privacy Data Security 52

The Payments Association

SEPTEMBER 27, 2024

Lucinity , the global leader in AI software for financial crime compliance, has secured a second patent from the US for its proprietary federated learning technology , which provides a unique approach to allow global financial systems to share algorithmic learning patterns without sharing sensitive data.

Financial Crimes 88

Financial Crimes Security AI Crime 88

Fintech News

OCTOBER 17, 2024

The project focuses on connecting the domestic open finance infrastructures of different jurisdictions, enabling secure, encrypted data sharing via APIs. The prototype will enable the secure sharing of consumer and business data across borders. These differing standards hinder cross-border data flow.

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Cross-Border Finance Security Interoperability 117