Financial Technology Fraud Industry Security 
PYMNTS
JUNE 23, 2020
Federal Reserve has introduced a new effort to combat payments fraud. “We are proud to be an early adopter of the RTP network, which demonstrates our commitment to be at the forefront of technology and payments and allows Chesapeake Bank to continue to meet our customers’ needs now and in the future.” In the U.S.,
PYMNTS
MARCH 16, 2018
Through the collaborative efforts of those with backgrounds in payments and security, the Federal Reserve’s Secure Payments Task Force has published “Payment Lifecycles and Security Profiles.” They also cover security methods — and identity management controls — along with relevant laws and regulations, among other topics.
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Gonzobanker
SEPTEMBER 21, 2023
Treasury management provider Dragonfly Financial Technologies launched independently from an ACI Worldwide sale. Core: Core-n Mazes and Hayrides FIS acquired embedded finance provider Bond Financial Technologies and announced plans to spin off merchant solutions (to be named Worldpay ).
PYMNTS
APRIL 1, 2020
In the March Credit Union Tracker® , PYMNTS analyzes the latest developments in the CU space, such as how they are tackling fraud protection challenges in a growing online banking ecosystem. percent reporting in the PYMNTS Credit Union Innovation Index that they would switch financial institutions (FIs) due to a lack of innovation.
PYMNTS
JULY 27, 2020
While the Federal Trade Commission plays a role in identifying card fraud, the industry relies, in part, on self-regulation, especially outside the U.S. Processors can go rogue and engage in fraudulent activity, either through willful blindness or by aiding and abetting fraud,” he said.
PYMNTS
OCTOBER 16, 2019
Money laundering has always troubled financial institutions, but today’s digital banking system creates additional complexities as fraudsters around the world take advantage of financial technologies. Mobile, online and phone channels all have distinct fraud challenges and customer needs. The Cost of Compliance.
PYMNTS
JULY 10, 2020
That doesn’t mean these companies have the ability to easily adopt the same payments solutions that businesses in other industries can access. Speaking with PYMNTS, Muller highlighted the opportunity that the cannabis space has to adopt payments and other financial technologies that have leapfrogged over legacy solutions.
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