Accenture

FEBRUARY 16, 2016

Following my previous blog about Big Data Analytics and Cyber-Security, this second post in my series on payments highlights banks and FinTech hubs as well as blockchain and cryptocurrencies that continue as important priorities for banks. Banks & FinTech Hubs Strong growth. Read more.

cryptocurrency 151

cryptocurrency blockchain Cyber Security Fintech 151

Accenture

JANUARY 8, 2016

Some big themes dominate Payments today, and each is likely to endure for many years. Sibos 2015 in Singapore brought them into sharp focus – specifically: Big Data Analytics, Cyber-security, Bank & FinTech Hubs, Cryptocurrencies/Blockchain Technology, Trade Finance and APIs. Read more.

Big Data 154

Big Data Analytics Cyber Security Data 154

PYMNTS

JUNE 16, 2020

But Kellerman and other security experts advocated at the hearing for legislative measures, such as modernizing anti-money laundering (AML) and forfeiture rules and moving the Secret Service to the Treasury Department, to help combat the threat.

US 227

US Cyber Security Security National 227

PYMNTS

AUGUST 1, 2016

No incessant authentication requests … all without sacrificing their security. Enter intelligent Payment Security. These intelligent solutions not only let you build a secure e-commerce strategy centered on customer value, but also a broader digital business transformation plan focused on competitive advantage.

CA 100

CA Security Payments Cyber Security 100

The Paypers

JUNE 7, 2017

(The Paypers) Bottomline Technologies report results have revealed that fraud and the need for greater cyber-security measures remain high on the agenda for financial decision makers.

Cyber Security 28

Cyber Security Security Industry Fraud 28

PYMNTS

DECEMBER 18, 2018

As retailers, payments providers and consumers prepare for the coming 5G world, there remain concerns about how well that mobile network technology will protect consumer privacy and security. 5G Security Holes? As well, the 21-page report found that 5G “security goals are underspecified,” among other problems.

Security 143

Security Mobile Technology Cyber Security 143

Bobsguide

MAY 23, 2018

Artificial intelligence has come on leaps and bounds in the past few years, with big data and cyber security adding much to financial service firms’ means of protection. Here, bobsguide speaks with Nezar Nassr, technical product manager and Nasser Sweileh, head of financial crime and.

Cyber Security 107

Cyber Security Big Data Payments Security 107

ABA Community Banking

JANUARY 12, 2015

Includes “Consumer Privacy Bill of Rights” Technology Payments Risk Management Security Cyberfraud/ID Theft. 1Risk Management'

Cyber Security 40

Cyber Security Security Risk Management Management 40

CFPB Monitor

AUGUST 12, 2022

On July 29, 2022, the New York Department of Financial Services (“NYDFS”) released Draft Amendments to its Cyber Security Regulations. Second, the Amendment would also require covered entities to notify the superintendent within 24 hours of making an extortion payment.

Regulation 147

Regulation Cyber Security New York Trends 147

Payments Source

JULY 13, 2016

Cyber risk analytics provider Bay Dynamics has completed a $23 million Series B financing round through Carrick Capital Partners.

Cyber Security 60

Cyber Security Analytics Security Capital 60

PYMNTS

DECEMBER 6, 2018

Such a scenario stands as a terrifying example of not only the sophistication of criminals, but also the threat of fraud in a real-time payments environment. Ron Plesco, principal of Cyber Security, and Bob Ruark, principal of Banking and Financial Services Strategy and KPMG’s FinTech leader in the U.S. The antidote?

Fraud 133

Fraud Payments Security Cyber Security 133

Payments Source

DECEMBER 2, 2020

Whenever a technology moves into the payments or financial data ecosystem, it alerts fraudsters to probe it more intensely — and ultimately, figure out a way to use it as an attack vector.

Security 160

Security Data Technology Payments 160

PYMNTS

NOVEMBER 28, 2019

“Ministry of Electronics and Information Technology (MeitY) has identified Blockchain Technology as one of the important research areas having application potential in different domains such as Governance, Banking & Finance, Cyber Security and so on,” wrote Sanjay Dhotre.

blockchain 158

blockchain National Cyber Security Security 158

Matt Wilcox Pro

SEPTEMBER 28, 2020

With National Cyber Security Month upon us in three days, now seems like a good time to revisit the topic of cyber fraud. But rather than focus on the technically proficient cyber-criminal, today I shall focus on people who unwittingly obtain undeserved credits and refunds, aka friendly fraud.

Cyber Security 88

Cyber Security Fraud National US 88

Payments Source

JANUARY 4, 2019

says the number of guest records exposed in a cyber-security breach is lower than it estimated when it disclosed the attack in November. Marriott International Inc.

Cyber Security 63

Cyber Security Security Data 63

PYMNTS

JANUARY 2, 2020

50 crores (about $7 million) will have to offer customers electronic payment modes like debit cards, powered by RuPay, according to a report by LiveMint. . The new payment modes that have to be added are in addition to whatever payment methods a company already provides. The new regulation went into effect on Jan.

Cards 130

Cards blockchain Cyber Security Retail 130

PYMNTS

FEBRUARY 24, 2020

As a leader in payments technology, Mastercard is to grow its workforce with notable investments in its artificial intelligence, cyber security, blockchain, user experience teams, and more.

Cyber Security 159

Cyber Security User Experience Technology blockchain 159

Payments Source

JANUARY 2, 2019

As consumers grow more attached to mobile devices for e-commerce and payments, fraudsters are intensifying their focus on handsets with new phishing, vishing to SIM-swap tricks.

Security 156

Security Mobile Payments Cyber Security 156

Payments Source

JUNE 26, 2018

to deploy SoftBank's lifelike Pepper robot in a branch to help customers learn about bill pay, remote check capture and even ask the weather — but in Pepper's current iteration, it won't take deposits or payments. HSBC is the first bank in the U.S.

Security 81

Security Payments Cyber Security 81

PYMNTS

JULY 25, 2016

Mastercard is mulling an entrance into the China market and could get its application in during 2016 to become a payment provider in what is expected to be the largest market by 2020. China announced this summer that it would let non China-based payment card companies operate in the country, but they would have to follow China’s rules.

Cyber Security 100

Cyber Security Payments Cards Marketing 100

Payments Source

JUNE 7, 2019

Developers of new payment methods often court big retailers to show off their brand, but the card networks' universal buy button is launching with security features designed for smaller shops.

Security 91

Security Branding Retail Cards 91

PYMNTS

NOVEMBER 30, 2020

While the business email compromise (BEC) scam is a global pain point for businesses, this week's B2B Data Digest looks at the latest figures in B2B payments fraud and finds BEC heating up in one particular region: Australia and New Zealand. million erroneous payment resulting from a BEC scam. In total, about $104.5

Fraud 177

Fraud Cyber Security Data Software 177

PYMNTS

JUNE 30, 2020

“With this expansion, the Innovation Hub will be well placed to advance work on a broad range of issues of importance to the central banking community, including digital currency and digital payments, cyber security, distributed ledger technology and artificial intelligence,” he said, according to the release.

Innovation 148

Innovation Cyber Security New York Survey 148

PYMNTS

MAY 9, 2016

government’s Cyber Governance Health Check, which offered up the Cyber Security Breaches survey. Minister of Digital Economy Ed Vaizey stated that it was “absolutely crucial businesses are secure and can protect data … Too many firms are losing money, data and consumer confidence with the vast number of cyberattacks.”

Cyber Security 100

Cyber Security Survey Security National 100

PYMNTS

MARCH 10, 2020

was first exposed as a nest of cybercrime activity in a now removed Digital Shadows report from 2016, according to ZDNet , and those in-tune with cyber-security issues were not shocked to hear of Firsov’s arrest. He was active on cybercrime forums, advertising Deer.io regularly, the FBI said.

National 134

National Online New York City Cyber Security 134

PYMNTS

DECEMBER 3, 2018

According to a report in the Wall Street Journal citing cyber security specialists, the breach in which the personal information of as many as 500 million customers was exposed began in 2014, going undetected until September of 2018.

Cyber Security 122

Cyber Security Security Cards Resources 122

SWBC's LenderHub

JANUARY 26, 2017

However, if you're lending, you're most likely accepting borrower payments, and you need to be informed about the intricacies of PCI DSS, or the Payment Card Industry Data Security Standard. Many of the lenders we partner with often feel like there's a never-ending list of regulatory and compliance requirements to meet.

Industry 60

Industry Security Cards Data 60

SWBC's LenderHub

OCTOBER 30, 2014

Security breaches are a perpetual part of our technologically advanced society. As a lender, you are tasked with meeting your borrowers’ needs for convenient online payment processing technology, while still ensuring the platform is secure. Risk Management Loan Payment Technology Fraud/Cyber Security'

Cyber Security 60

Cyber Security Risk Management Fraud Security 60

Payments Source

AUGUST 2, 2019

The question of upgrading to 3D Secure 2.0 authorization is relatively easy for European e-commerce merchants, since it's a straightforward way to comply with part of PSD2, the revised Payment Services Directive.

Security 68

Security Compliance Tools Payments 68

NCR

DECEMBER 2, 2016

The rising importance of one of the most exciting technologies in financial services – biometric authentication – has been marked by Mastercard’s European rollout of Identity Check Mobile , a payment application that allows users to authorize online purchases using fingerprints or facial recognition.

Security 40

Security Payments Cyber Security Regulation 40

PYMNTS

NOVEMBER 3, 2017

The November edition of the PYMNTS Faster Payments Tracker™ , powered by NACHA, examines the latest efforts by businesses and governments to make faster payments both more widely accessible and secure. And Apple isn’t alone making P2P payments noise. Find the story in the latest edition of the Faster Payments Tracker. .

Trends 125

Trends Apple Cyber Security Analysis 125

PYMNTS

DECEMBER 2, 2019

“Ministry of Electronics and Information Technology (MeitY) has identified Blockchain Technology as one of the important research areas having application potential in different domains such as Governance, Banking & Finance, Cyber Security and so on,” wrote Sanjay Dhotre.

blockchain 132

blockchain System Cyber Security Technology 132

Insights on Business

OCTOBER 24, 2016

I predict that two of the hot topics at Money20/20 will be the availability of immediate or real-time payments and cyber security. While the bank can offer new payment routes and options to their customers, there are new challenges that must be considered and addressed. While much of the focus here in the U.S.

Las Vegas 70

Las Vegas Payments Cyber Security Fraud 70

PYMNTS

AUGUST 30, 2016

The small nation is making a big push in support of FinTech innovation by reforming its payment laws. Singapore’s financial authority said it will look to consolidate exiting legislation related to payment systems, stored value facilities and remittance businesses in order to create a new combined regulatory framework.

Fintech 101

Fintech Cyber Security National Regulation 101

Qudos Bank

DECEMBER 9, 2021

Stop all payments related to the scam regardless of what the scammer tells them. Contact their bank immediately if they’ve made payments or shared personal banking details. Most cybercrimes can be reported through the Australian Cyber Security Centre’s Report Cyber service. 1 [link]. . .

Cyber Security 40

Cyber Security Fraud Security Report 40

PYMNTS

SEPTEMBER 21, 2019

It’s National Cyber Security Awareness Month, and industry leaders are zeroing in on some of the most vulnerable targets of cyber scams: small businesses. Even more troubling, however, is the cloud security company’s finding that most SMBs estimate the cost of a data breach to be just $10,000. ” The U.S.

Data 202

Data Los Angeles Survey Cyber Security 202

Payments Source

MAY 4, 2021

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Security 78

Security Payments Cyber Security Technology 78