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ProfitStars Targets Online Bill Pay Fraud For Banks

PYMNTS

The firm’s Gladiator iPay Enterprise Security Monitoring (iPay ESM) tool is now live for financial institutions to monitor and mitigate the risk of fraud linked to online bill payment, the company said in a press release.

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Natural Disaster Planning for Financial Institutions

Center for Payments

The FFIEC Guidelines require financial institutions to implement a solid business continuity management program, which includes an effective Business Continuity Plan. Historically people within their community look to their financial institutions for assistance, guidance, and direction.

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Hacker Tracker: Shimmers, Identity Fraud, And Hacked Hotels

PYMNTS

While other countries are utilizing powerful transaction signing technologies to mitigate those attacks, Cagnoni noted that the U.S. One of the Federal Financial Institutions Examination Council’s (FFIEC) recommendations to help prevent account takeover is to use out-of-band verification for transactions.