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Fidor: How Cloud-Based Banking Helps With Compliance

PYMNTS

Consumers pivoting to online banking are also more concerned over the privacy and security of their data, especially as fraud volumes creep up —and financial regulators are taking notice. Banks are continuing their ongoing movement to the cloud even as data and security questions continue to grow. Around The Cloud Banking World.

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Report: Tokenization And Data Vaulting Take The Sting Out Of PCI Compliance

PYMNTS

Adhering to Payments Card Industry (PCI) Data Security Standards (DSS) is an unavoidable requirement for any and all eTailers that accept card payments, but a surprising number of firms are not up to speed on these standards. The need for digital security has never been more paramount than during the COVID-19 crisis.

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Amex, Santander Explore FinTech Using API

PYMNTS

American Express has filed for a blockchain-based proof of payment technology, and Santander U.K. At the same time, they are facing new competition from smaller, nimbler financial technology upstarts that are, in some cases, able to move on a dime to reach customers that traditional banks are often unwilling – or unable – to do business with.

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How Toptal Seeks To Instill Freelance Marketplace Trust

PYMNTS

workforce by 2027. Martin Chikilian, vice president of talent operations for freelancing marketplace Toptal , observed that many software developers in Córdoba, Argentina, where he lives, work remotely for Silicon Valley and New York City technology firms, for example. Screening cannot be entirely left to technology, however.

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Mastercard: Using AI To Cure Healthcare’s $240B Fraud, Waste And Abuse Problem

PYMNTS

By the year 2027, the expectation is that those costs will have swelled to $6 trillion annually or roughly $17,000 per citizen or 19 percent of the GDP. We securely store over 18 petabytes of sensitive data — this is a significant amount of data that we’re dealing with every day,” she said. Healthcare in the U.S.

Fraud 216
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Modern Card Issuer Marqeta Is Going Public. Here’s What It Means For Payments Tech & Issuer Innovation

CB Insights

It handles the back-end payment technology while working with banks that process the payment transactions. . Amid the pandemic-driven acceleration of e-commerce and shift to digital payments, Marqeta has seen rapid growth in revenue and demand for its card-issuing technology. The company is aiming for a $12B valuation. . Phone number.

Cards 73
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Deep Dive: Using Payments Orchestration To Power International Growth

PYMNTS

trillion by 2027, and more than half of all eCommerce shoppers buy from merchants abroad. Merchants must also develop strategies for mitigating the frictions that go along with sending and receiving funds across borders, such as fraud and data security risks, exchange rate volatility and chargebacks.

Payments 162