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MENA Region Holds Regulatory Clues For Merchants

PYMNTS

In regions where open banking and other electronic payments pilots are becoming common, such as the Middle East-North Africa (MENA) region, pandemic-era payments are all about privacy, security and trust, particularly in B2B transactions. Privacy Protection In The Spotlight. under the GDPR. Lessons From Abroad.

Regional 130
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How Digital Tools Change The Security Landscape

PYMNTS

Technologies such as artificial intelligence (AI) and biometrics are changing the digital security landscape, and a recent study found that social media networks have become a more popular way for hackers to target new victims.

Security 139
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Facebook Threatens EU Pullout As Data Sharing Comes Under Scrutiny

PYMNTS

In a bit of high-tech saber-rattling, Facebook is threatening to pull the plug on its social media platform in the European Union if a controversial decision by Irish regulators is allowed to stand. according to Metro. according to Metro. That could prove to be “immensely complicated,” the Times reported, and likely highly expensive.

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The eCase For Liberating $190B In Rental Security Deposits

PYMNTS

Social media platform Facebook is set on further innovating WhatsApp features with a new U.K.-based Amazon is also pushing into the region, relying on India’s Unified Payments Interface (UPI) to enhance P2P payments through Amazon Pay. Why Cash Security Deposits Should Be the Exception to the Rule. based team.

Security 162
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Bank wire fraud – How social engineering and technology perpetrate fraud losses

Abrigo

While previously, fraud was local or regional, today, scammers leverage technology extensively. They employ technology and social engineering tactics, reaching victims through email, social media, and text messages. Create and follow your internal processes for communications and security.

Fraud 195
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German Court Orders Facebook To Stop Data Collection

PYMNTS

social media giant, which also could set a precedent for the future, with Germany being the first country to explore whether or not data dominance is an antitrust issue. Securities and Exchange Commission. The ruling is a setback for the U.S. That scandal is under investigation by the FBI, Department of Justice and the U.S.

Data 209
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Fraud prevention and detection: Empowering clients through education

Abrigo

Takeaway 2 Client fraud education at financial institutions should include takeaways that explain how to protect themselves from phishing and tips for staying secure online. While fraud detection software and robust security measures are essential, educating clients on fraud prevention is equally important. According to the FTC , $2.7

Fraud 195