PYMNTS

AUGUST 11, 2020

Spreedly , which works in accelerating global commerce via a secure, flexible platform for any payment type, has announced Christopher Hudel as chief information security officer (CISO), according to a press release. He said the opportunity is a good one because of the numerous ways the company meets payments and security needs.

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PYMNTS

DECEMBER 9, 2020

Cloud payments and financial messaging provider Volante Technologies Inc. As a trusted partner, our close collaboration to build the future with Santiago Exchange demonstrates our commitment to accelerating digital transformation in the region overall,” said Luis Melgarejo, VP, Latin America Operations, Volante Technologies.

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Technology Marketing Regional Resources 157

Perficient

FEBRUARY 29, 2024

Driven by technological advancements, regulatory changes, and shifting consumer preferences, the banking industry must evolve and respond accordingly. Going forward, banks should: Implement AI-driven systems to streamline credit decision processes, reducing decision times, and enabling faster responses to loan applications.

Trends 221

Trends Industry Analytics Compliance 221

PYMNTS

JANUARY 27, 2021

Some schemes that are impractical to wage in person are simpler to perpetrate online because of a decreased security presence, the anonymity of transactions and fraudsters’ abilities to stage hundreds of attacks simultaneously. Digital fraud’s scope is hard to overstate, yet banks are deploying emerging technologies to minimize its impact.

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Security Innovation Fraud Study 213

PYMNTS

JANUARY 15, 2021

The Hudson Group plans to add Amazon’s Just Walk Out technology to some of the popular convenience stores the chain operates at more than 1,000 North American airports, train stations and other landmarks and tourist destinations. . Checkout-Less Retail Is Becoming A Reality .

Technology 196

Technology Dallas Retail Training 196

Perficient

FEBRUARY 22, 2023

The Summit brings together experts in the field, including bank executives, technology vendors, and consultants, to discuss the latest advancements in automation and its impact on the banking industry. The next offering for adoption within automation is more human-like Advance AI, which is being referred to as Autonomous Enterprise.

Trends 474

Trends North Carolina Customer Experience Charlotte 474

PYMNTS

JULY 19, 2019

Online payment system Jollypay has received a license to operate in the United Arab Emirates (UAE), and it’s one of the first foreign companies to do so, according to a release. . In other UAE-related news, the First Abu Dhabi Bank recently rolled out a payroll card solution for the market via its Mercury payment operator unit.

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PYMNTS

NOVEMBER 16, 2020

The European Central Bank (ECB) has plans to independently investigate an incident that affected its TARGET2 real-time gross settlement system on Oct. It is owned and operated by the Eurosystem and allows bank submissions from central banks and commercial banks.

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System Payments Operations Software 217

Perficient

JUNE 1, 2022

So far in our 6-part blog series explaining the intricacies of TRACE, we have defined TRACE reporting, detailed the prep work to be done in order to effectively report TRACE transactions , and reviewed considerations for alternative trading systems. by programming systems to delay reporting until the end of the reporting period.

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Report Security Regulation System 294

PYMNTS

JANUARY 17, 2020

Epic Systems is telling clients that it will not seek further Google Cloud integration and will instead focus on Microsoft Azure and Amazon Web Services (AWS), CNBC reported. The company decided to stop development with Google Cloud as it wasn’t experiencing enough interest among its health system clients to justify the investment.

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Cisco

JULY 26, 2022

According to McKinsey, fast organizations outperform others by a minimum of 2x on a range of outcomes, including operational resiliency, financial performance, and growth. Organizational agility is about looking for innovative ways to build resilience, protect revenue streams, streamline operations, and ensure employee engagement.

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Security Operations Leadership Data 162

PYMNTS

SEPTEMBER 15, 2016

Patent and Trademark Office for security risk detection technology. The patent covers methods and systems to map risks arising from credentials, especially privileged credentials, present on machines in the network that, once compromised, enable attackers to access and compromise other machines in the network.

Security 100

Security Technology Innovation System 100

PYMNTS

FEBRUARY 17, 2020

Dallas-based busing line Greyhound is all too familiar with such problems, prompting it to implement advanced learning technologies to secure ticketing. Our number one goal was making sure that process was as frictionless as possible while making sure that we [offered] a fully secure process.”. Overcoming legacy systems.

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Security Tools Fraud System 141

PYMNTS

MARCH 1, 2019

Cybersecurity returned to the top of the B2B startup investment list as three companies in the enterprise security realm landed nearly half of the $246 million in B2B venture capital this week. Cequence Security. Also operating in the enterprise security space is Cequence Security, based in California.

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Security Capital Analytics Software 189

Perficient

JANUARY 20, 2021

DevOps is a set of practices dedicated to building, delivering, and operating rapidly-evolving systems in close alignment with business objectives. To achieve this, you need to define a framework for your organization which are tools/technology agnostic and build governance around the framework . Code centralized and secure.

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Software Operations Tools System 309

PYMNTS

NOVEMBER 23, 2020

Banks, merchants, issuers, processors — they’re all locked in combat with shadowy fraudsters that gain system access via phishing emails as easily as mice sneak into old houses. While technological advancements have revolutionized many aspects of operations, payroll and expense management are not [among] them.

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System Management Tools Cards 165

Perficient

JANUARY 31, 2022

One area mentioned by the company as an issue was a gap in its multi-factor authentication (MFA) system. The company did not specify whether hackers intercepted one-time passwords, whether Crypto.com’s system allowed transactions to go through without the passwords, or whether something else occurred.

Security 294

Security Risk Management Knowledge Base Customer Experience 294

Bobsguide

JULY 28, 2022

Based in New York, COO, Thomas Bodenski will lead the firm’s business operations across TS Imagine’s integrated trading, portfolio, and real-time risk solutions. Thomas has nearly 30 years of experience developing cutting-edge technology for some of the world’s leading financial services firms. About TS Imagine.

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Operations New York Analytics Software 88

PYMNTS

APRIL 16, 2020

Businesses are doing their part by having employees work from home, but some companies are struggling to keep operations secure as opportunistic fraudsters aim to take advantage of the pandemic’s disruption. Bad actors are increasingly trying to exploit confusions as companies transition to remote operations.

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Security Fraud Tools Survey 130

PYMNTS

OCTOBER 30, 2020

Slow compliance checks and sluggish processing times are commonplace, especially on the legacy systems still used by many banks around the world. The following Deep Dive explores the various hurdles that payments face as well as how automation and cloud-based systems can help FIs overcome them. consumer purchases made with cash.

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Operations Payments Compliance System 228

PYMNTS

DECEMBER 17, 2019

Maintaining consumers’ trust is critical for FIs, and it involves more than simply upgrading fraud detection systems. FIs must thus find ways to shore up such weak points if they wish to keep their customers loyal and secure. The Technology Gap That Fosters Fraudsters. Bigger Banks And The Problems With Data Security.

Technology 142

Technology Fraud Data Security 142

PYMNTS

SEPTEMBER 2, 2020

He explained that the chain built its technology around leveraging third-party delivery services rather than its own crews, and it now works with all available delivery providers in most of its markets. Taking such steps can enable QSRs to streamline their operations and lead to significant sales gains, he noted.

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Operations Trends Denver Seattle 130

Abrigo

DECEMBER 28, 2016

Aside from the accounting firm’s staff, technology likely represents the area where a firm has made its biggest investments over the years, so it makes sense that technology considerations should be included in discussions about possible mergers or acquisitions. Whitman, CPA, president and CEO of Whitman Business Advisors LLC.

Technology 186

Technology Software eBook Operations 186

PYMNTS

OCTOBER 15, 2020

Three major Japanese players in technology, payments and banking will run a joint trial to determine how well a new blockchain-based identity verification system operates across companies and industries, the firms announced Thursday (Oct. Mizhou Bank is a unit of Mizhou Financial Group and among the larger banks in Japan.

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System blockchain Industry Cards 116

PYMNTS

MAY 29, 2018

software company Verint Systems, Inc. is looking to buy NSO Group, an Israeli company that sells military-grade technology, for around $1 billion. NSO makes cybersurveillance products, including Pegasus spyware, and sells them primarily to government security agencies. ” Verint recently reported $1.1

Groups 164

Groups System San Francisco Software 164

PYMNTS

MAY 2, 2017

Mastercard today announced the appointment of CIO Ed McLaughlin to president, Operations and Technology. Everyone likes to talk about the T in operations and technology,” McLaughlin said. That’s how it lives every day, everywhere — the consumer experience is the operation.”. And likewise, knowing when to hold back.

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Operations Technology Examples Mobile 109

PYMNTS

JANUARY 22, 2020

Square , the payments provider operated by Twitter CEO Jack Dorsey, won a patent to debut new tech, allowing users with different assets to transfer payments, including crypto-to-fiat transactions. The technology may also be extended in the future to cover securities, derivations or loans.

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System Payments Bitcoin cryptocurrency 162

PYMNTS

NOVEMBER 1, 2018

Micro-merchants, such as grocers and “mom and pop” stores, operate largely in cash rather than through safe, secure and swift, digitally enabled transactions. And, without automated tools to accurately record business interactions, store owners struggle to build a credit history. This partnership is the start of something priceless.

Technology 168

Technology Training Tools Security 168

Banking Exchange

OCTOBER 2, 2019

Proactive Threat Interference® provides protection not offered by other cybersecurity approaches Risk Management Risk Adjusted Technology Compliance Security Online Mobile Operational Risk Compliance Management Feature3 Feature Cyberfraud/ID Theft.

Security 60

Security System Risk Management Compliance 60

PYMNTS

MARCH 18, 2019

Gill asserts that most financial institutions, left to their own devices, may end up following a less than optimal path to innovation, and not because they have selected the “wrong” technology solution, since in Gill’s experience, what’s “wrong” for one FI might be right for another. Technology spend gets mistaken for branch transformation.”.

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Technology Innovation Strategy System 237

PYMNTS

APRIL 29, 2020

Banks have not faced issues in fulfilling their obligations to their various customers, Caldeira said, and technology has not proved a hindrance to meeting demand as businesses and individuals look for increased assistance in navigating a new reality of digitally delivered financial services. For them, the transition has been seamless.”.

Technology 142

Technology System Meeting Resources 142

PYMNTS

OCTOBER 12, 2020

12) the company announced that it led a major offensive operation against one of the world's most notorious botnets. The target was systems linked to the dissemination of Trickbot, a botnet that has been used by some sophisticated players since late 2016 to deploy ransomware , especially in attacks on financial institutions (FIs).

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System Operations Security Technology 232

PYMNTS

JUNE 27, 2019

The pair ultimately designed a concept that could operate without any on-site staff to solve this quandary. “We We looked to technology to assist us,” Rasmusson said. Designing For Security And Remote Management . The market’s security system and video cameras further help identify potential shoplifters or other issues.

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Operations Minnesota Security Policies 105

PYMNTS

AUGUST 23, 2019

When it comes to payments, speed isn’t the only factor to consider in the deployment of real-time payments (RTP) systems. Security and compliance are also vital components in ensuring that payments are delivered safely and without delay. And to that end, we’ve seen growing engagement and co-operation across the industry.”.

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Compliance Security Payments Community 192

PYMNTS

SEPTEMBER 10, 2019

Infrastructure can be varied, too, in terms of technology. These include security and grappling with legacy systems in the embrace of real-time payments. 57: Number of real-time payments schemes operating worldwide in 2019. 72: Number of countries across which payment schemes operate in 2019.

Security 134

Security Payments Regional Operations 134

Gonzobanker

MARCH 6, 2020

Addressing common loan and deposit operations process inefficiencies can help financial institutions deliver optimized value to customers and stockholders. In recent years, many financial institutions have been focused on improving their digital delivery capabilities, often at the expense of their operational groups.

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Operations System Groups Technology 86

PYMNTS

APRIL 29, 2019

Bessemer System Federal Credit Union, a financial organization in Pennsylvania, is suing financial technology company Fiserv Solutions over what it calls rampant billing errors, significant bugs and “baffling” security lapses, according to reports. The credit union also says it will no longer use Fiserv. “To

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Security Pennsylvania System Financial Technology 128