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Spreedly Adds Banking Exec As Chief Information Security Officer

PYMNTS

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.

Security 221
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Banking Computer-Security Incident Notification Requirements Take Effect

Abrigo

New Rule Outlines Computer-Security Incident Notification Obligations for Banks Financial institutions and their service providers should prepare to meet new computer-security notice requirements by May 1, 2022. . Computer-security incident notifications required. Expand and Clarify.

Security 195
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As The IoT Grows, Can It Overcome Security Problems?

PYMNTS

The Internet of Things (IoT) is about much more than the actual things, of course. IoT Security Concerns. A company such as Zededa generally operates in an area called “edge computing,” which a recent article from PCMag.com defined as “an architecture in which data is processed closer to where it originates.” Security Upgrades?

Security 198
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Disrupting The Security Deposit With Insurance

PYMNTS

The average security deposit in the U.S. And of course averages can be misleading — in Manhattan that rent average is over $4,000 a month, while in Wichita, Kansas (the least expensive market in the survey) rents are still well below $1,000 at $639 a month.

Security 132
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PARS For A New Course In B2B Payments

PYMNTS

How to streamline payments between buyers and suppliers who are unaware that new technology can significantly enhance operational efficiencies? The problem is, card issuers, in their quest to secure new business, often build what Leavitt referred to as “bells and whistles” designed to differentiate their virtual card platforms.

Course 101
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Westlake Financial Securely Raises The Speed Limit For Auto Financing Disbursements

PYMNTS

Westlake has already sent several million dollars over the RTP network during the pandemic, according to Westlake’s Director of Accounting Operations Raul Alvarez. As with any payment method, fraud attacks and human errors can upend customer experiences unless companies have strong security strategies in place. Contingency Planning.

Security 141
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Nationwide Study: SMB Owners Lax About IoT Security Risk

PYMNTS

And the farmer who uses drones to help monitor operations – yet may not be able (or might not know how) to take steps needed to secure his or her server – is rendered vulnerable. And of course, said Nunziata, “when we think about retail businesses, the point of sale is always a concern.”

Study 191