VISTA InfoSec

JUNE 3, 2024

Data should be handled securely and confidentially to prevent unauthorized access. One of the fundamental principles of GDPR is to ensure the security and confidentiality of personal data. Weak or compromised passwords are often the weak link in an organization’s security chain, providing an easy entry point for cybercriminals.

MFA

Fintech Finance

MAY 22, 2025

Mastercard has launched its Cyber Resilience Center, an initiative that brings together key players from the financial sector to foster collaboration and support shared goals in building a secure commerce and payment ecosystem in the Kingdom. The acquisition aims to strengthen trust and enhance security within the digital payment ecosystem.

Visa

Global Fintech & Digital Assets

NOVEMBER 7, 2023

By Simon Hawkins and Adrian Fong On 2 November 2023, the Securities and Futures Commission (SFC) issued two widely anticipated circulars on tokenisation during the 2023 Hong Kong FinTech Week. One circular provides conduct-related guidance to intermediaries engaging in tokenised securities-related activities (Activities Circular).

Distributed Ledger Technology (DLT)

PYMNTS

JULY 22, 2020

And the actions on risk will help with the new, more comprehensive use of technology in peoples’ lives that has also come with more threat of risk, the release says.

Regulations

Payments Source

MARCH 22, 2016

payment industry adopted a largely chip-and-signature approach to EMV instead of chip-and-PIN security that’s standard elsewhere, rising merchant chargebacks are leading some to question the wisdom of PIN-free payments. Many moons after the U.S.

EMV

Fintech News

JANUARY 24, 2024

This is part of MAS’s broader strategy to strengthen consumer safeguards and mitigate risks in the digital currency domain. Following its latest feedback publication on DPT regulations, MAS has introduced rules focusing on business conduct and technology risk management.

Service Provider

Payments Source

JUNE 28, 2016

Building on industry initiatives to ease the user experience for chip cards and increase use of contactless technology, Oberthur Technologies has developed a dual interface card in the U.S. market that combines new Visa and MasterCard specs and 'tap and go.'.

Chip Cards

The Fintech Times

AUGUST 15, 2024

Now, any organisation that neglects to adopt these technologies risks being left behind. These moves have allowed us to stay at the frontline of technological advancements in our key markets. When finova was founded, SaaS and the cloud were also very much in their infancy, particularly within the financial services sector.

Origination

Payments Source

SEPTEMBER 21, 2016

Bashas' Inc., Arizona's largest independent grocery chain, was certain it was prepared for the October 2015 EMV liability shift. After all, it had begun purchasing terminals for all of its 1,400 checkout lanes a year in advance.

EMV

Payments Source

OCTOBER 11, 2016

"Artificial Intelligence" as a concept still eludes some financial executives, but for Signifyd the most important thing to understand is it can be a strong weapon in the fight against fraud.

Technology Risk

Payments Source

MAY 3, 2016

Banks and their merchant clients face a costly problem stemming from how prepared they are to deal with attacks that sidestep the point of sale.

Accounts

PYMNTS

NOVEMBER 30, 2017

With many unbanked countries in the region looking for cheap ePayment options like QR codes to drive their cashless agendas, Lam said regulators will have to be very careful to roll out QR technology in a secure manner that doesn’t hamper consumers’ confidence in the technology.

Due Diligence

PYMNTS

JULY 24, 2017

In addition to providing for a settlement capability, such roles might include provision of directory services, transaction processing, network access, security and/or cross-border payments” should said stakeholders fail to agree on standards, policies and procedures. Who could argue the need for secure and trusted payments rails?

Fed

Payments Source

AUGUST 23, 2016

There’s no way to gift-wrap the EMV woes for issuers and retailers around the upcoming holiday sales season.

EMV

The Fintech Times

MAY 11, 2024

Deepa Raja Carbon, VARA “VARA was established as an independent authority to govern virtual assets, particularly to allow for the transformative potential of fintech to become securely scalable,” said Deepa Raja Carbon , MD and vice chairperson at VARA.

Regulations

Payments Source

SEPTEMBER 8, 2016

It was inevitable that someone would try to add up those extra seconds it takes to perform an EMV transaction, and when Cayan did it concluded that EMV is forcing U.S. consumers as a whole to spend years in extra time at the register.

EMV

Payments Source

AUGUST 15, 2016

The early morning exercisers who stop at Thrive Café in Loves Park, Ill. may be drenched in sweat and dressed in outfits devoid of any pockets, but they can still pay for their post-workout refreshments without a wallet or phone.

Payments

Payments Source

JUNE 1, 2016

The drumbeat of news about hackers stealing millions of dollars by gaming the Swift interbank messaging system should have been a wake-up call for banking executives, but it's unclear how many of them answered it. Is it too late for them to shore up their defenses?

SWIFT

The Payments Association

DECEMBER 9, 2024

Finally, engage with senior managers so that they understand their role in overseeing technology risks and receive the right information for them to do so effectively. Technological solutions Adopting real-time monitoring tools will be vital in helping firms meet UK and EU expectations for operational resilience.

Rules