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Metrika Successfully Completes Proof-of-Concept on Evaluating Operational Risks in Digital Assets

Fintech Review

This PoC provided an opportunity to explore insights into technological risks associated with digital assets across multiple blockchains. Transparency and risk management are critical to supporting institutional engagement in tokenized finance.” Contact Renjie Butalid VP Business Development Metrika renjie@metrika.co

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As AI Grows, So Do Its Challenges: Industry Reveals Technology’s Biggest Hurdles

The Fintech Times

Exploring what firms must do, Nick Campbell , chief product officer of payments at Clearent by Xplor Technologies , the SaaS and embedded finance platform, said: “While AI is an incredibly helpful tool for combating fraud, it is also an immensely powerful tool for committing fraud too. A top concern is liability for AI errors.

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MAS Warns Financial Institutions of Quantum Computing Cyber Threats

Fintech News

However, they also pose a significant threat to the integrity of widely-used encryption methods, putting financial transactions and sensitive information at risk. Additionally, research into Quantum Key Distribution (QKD) technology is underway, aiming to create secure methods for distributing encryption keys.

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MAS Seeks Feedback to Close Regulatory Gaps for Crypto Service Providers

Fintech News

The aim is to mitigate the risks associated with such businesses. The purpose of these requirements is to address the risks of money laundering and terrorism financing, to which DTSPs may be particularly exposed due to their cross-border operations.

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Real-time P2P seems risky, but the security is solid

Payments Source

There are lots of layers technology risk-mitigation features, and in addition, network level mitigation is provided as well, writes Robb Gaynor, chief product officer at Malauzai.

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Mastercard Launches Cyber Resilience Center in Saudi Arabia

Fintech Finance

Riyad Bank has joined as the first partner and will collaborate with Mastercard on training programs, risk evaluations, and the adoption of global cybersecurity standards. The launch of the Cyber Resilience Center in Riyadh reflects Mastercard’s commitment to staying ahead of emerging risks and helping our partners do the same.

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How to Create a GDPR-Compliant Password Policy?

VISTA InfoSec

A GDPR-compliant password policy should enforce unique passwords for each account to mitigate the risk of credential stuffing attacks. Regular training sessions and awareness programs can help users understand the risks associated with poor password management and the benefits of adhering to the organization’s password policy.

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