PYMNTS

FEBRUARY 26, 2020

One of the more recent incidents took place at the Desjardins Ontario Credit Union, revealing the names, social insurance numbers and transaction information of all 4.2 This makes data security of utmost importance to CUs, but even attacks on unrelated third parties can be devastating to CU members. million CU members.

Nevada 192

Nevada Security Innovation Data 192

Perficient

SEPTEMBER 21, 2023

The ability for intelligence automation tools to be able to quickly and accurately grab the most relevant and accurate information regarding a customer’s inquiry, sales deal, or more is based on many data-readiness factors. Some data may exist in secure warehouses, others within Salesforce, or Amazon Web Services S3.

Data 491

Data Tools Customer Experience Security 491

Independent Banker

AUGUST 31, 2022

Innovations like these, applied to the farming industry, can accelerate the lending process for farmers, saving them time and money. The loan officer takes the paperwork to the farmer and reviews it before scanning and submitting the documents via secure email. The demand is evident.

Innovation 144

Innovation Community Bank Community Lending 144

Bank Innovation

NOVEMBER 6, 2017

The Australian Securities and Investment Commission (ASIC) and the China Securities Regulatory Commission (CSRC) have agreed to share fintech information with the other party. Chinese and Australian regulators are partnering up on fintech.

Regulation 207

Regulation Fintech Regional Trends 207

Abrigo

FEBRUARY 27, 2020

Key Takeaways FinCEN hires Digital Innovation Officer to prove commitment to innovation in BSA/AML. Abrigo embraces innovation with the introduction of artificial intelligence scenarios. Abrigo Embraces Innovation with Machine Learning Scenarios. Be at the forefront of innovation in BSA/AML. learn more.

Innovation 195

Innovation Software United States Compliance 195

PYMNTS

APRIL 13, 2020

Jim McCarthy, i2c president, says disasters often breed innovation. Black Swans Are the Sandbox of New Innovations. A few innovators do come forward with good ideas, but often the environment can’t support them past the short term. While it may take years, these good, innovative ideas often resurface when the time is right.

Innovation 258

Innovation Online Guidelines Cards 258

PYMNTS

MARCH 17, 2020

Simply put, the back-office systems are ill-equipped to handle the demands of technological innovation, especially as financial services cross channels. The Challenges Of Multi-Channel Payment Innovation. 1: Security. For many firms, with legacy infrastructure that has been in place for decades, scale becomes difficult.

Innovation 228

Innovation Payments System Security 228

PYMNTS

APRIL 24, 2020

As Thorness explained, their embrace of ACH processing technologies is likely to have far-reaching impacts into how they send and receive payments with government suppliers, too, particularly as ACH innovation accelerates. The key is the remittance information that needs to be associated with B2B payments.”

Innovation 161

Innovation Payments System Data 161

PYMNTS

JUNE 3, 2019

For credit unions (CUs), data analytics can deliver that insight, helping them to more effectively address their members’ specific needs, and informing CUs of the products and services that can deliver the most effective returns on their investments. As it turns out, though, data analytics and security often go hand in hand, as 36.4

Analytics 150

Analytics Innovation Data Fraud 150

PYMNTS

OCTOBER 16, 2020

A managed security services provider h as also con cluded a $53 million Series B round to help accelerate research and development of its cloud security technology, among other uses. Venture capital funding landed at accounts payable (AP) and cybersecurity technology firms, among other innovators that raised money this week.

Innovation 174

Innovation Capital Security United States 174

PYMNTS

MARCH 17, 2017

That’s why payments innovation isn’t just about delivering a solution, but delivering one that can create efficiency and reduce risk in a secure manner. PYMNTS: What does a day in a life of a chief information officer (CIO) look like? PYMNTS: What does innovation mean to you? Here is an excerpt of the conversation.

Innovation 108

Innovation Security Payments Mobile 108

Cisco

JULY 26, 2022

The pandemic brought into focus the need for financial institutions to become more agile and resilient in the event of any disruption, not just from innovative competitors. Organizational agility is about looking for innovative ways to build resilience, protect revenue streams, streamline operations, and ensure employee engagement.

Security 162

Security Operations Leadership Data 162

Bank Innovation

JULY 30, 2018

The reality for many financial services organizations is that modernizing information systems is a project that is often desperately needed but never at the top of the priority list. If the upgrade of a legacy system or even a full migration to an alternative solution was easy, then it would have been done already. In […].

System 244

System Big Data Data Security 244

Bobsguide

MARCH 30, 2022

the global leader in multibank connectivity and communications, has announced the hire of Bernhard Kaiser as the firm’s new Chief Information Officer. Kaiser will manage Fides’ information technology strategy and execution, focusing on innovation to meet the changing needs of the market. “I Fides Treasury Services Ltd. ,

Leadership 60

Leadership Innovation Strategy Operations 60

PYMNTS

JULY 10, 2020

Just as in other markets, eChecks, ACH, paper checks, wires and credit cards all come with their various benefits, as well as their pain points, from high processing fees to a lack of security. It’s why, said Muller, payment innovators in the cannabis market must keep a macro view while targeting micro use-cases and user populations.

Innovation 210

Innovation Payments Tools Compliance 210

PYMNTS

NOVEMBER 10, 2020

Nacha has announced that Phixius, which facilitates the trusted exchange of payment information, has officially gone live, according to a press release. The release says Phixius has also officially completed its first information exchange transaction between two parties.

Security 181

Security Fraud Customer Experience blockchain 181

PYMNTS

JUNE 24, 2020

With corporate travel still on pause, commercial card innovation has taken a different direction. Elsewhere, a cyberattack raises concerns about the vulnerability of employee data when commercial card information is compromised. The company has just secured a $78.7 Nium Uses Cards For Credit.

Cards 131

Cards Innovation Tools Capital 131

PYMNTS

MAY 13, 2019

These small entities are seeking to win trust despite not being established brands, but customers will only feel safe if they’re confident that their payment information will remain secure. . This month’s Deep Dive explores its key security risks and the ongoing efforts to mitigate them. . Security risks and defenses .

Security 123

Security Cards Branding Payments 123

PYMNTS

APRIL 18, 2019

A new technology protocol announced by corporate accounting and auditing firm Ernst & Young (EY) aims to secure transactions made over public Ethereum blockchain. The solution aims to help enterprises and investors to conduct private, secure transactions on a public blockchain.

blockchain 167

blockchain Security Tools Taxes 167

PYMNTS

DECEMBER 30, 2019

This does not mean businesses are disinterested in newer payment innovations, however. AP professionals’ payments innovation fervor does not seem to be translating into the broader B2B ecosystem despite such interest. Paper checks remain the primary method through which U.S. Recent PYMNTS research finds that 46.4

Innovation 130

Innovation Payments Data Branding 130

PYMNTS

JULY 10, 2020

As digital health services expand, so too is the demand for digital identity authentication systems to ensure fast, safe and seamless transfers of healthcare information they collect. How HealthTap Meets Flexible Telehealth, Data Security Demands. About The Tracker.

Security 208

Security Indiana Meeting Data 208

PYMNTS

FEBRUARY 3, 2020

Such transparency between buyers and sellers allows the economy to quickly grow — but also presents fraud and security challenges. These identification tools are rapidly becoming obsolete as high-volume breaches expose thousands of consumers’ personally identifiable information (PII), however.

Security 132

Security Fraud Tools Online 132

Bank Innovation

OCTOBER 5, 2017

The White House and Equifax, admittedly two of the nation’s least trusted institutions at the moment, agree that social security as unique identifiers have to go.

Security 223

Security National blockchain cryptocurrency 223

Bank Innovation

FEBRUARY 28, 2018

Payments company PayPal has reached a settlement with the Federal Trade Commission (FTC) on claims that its social payments platform Venmo failed to disclose information to costumers on security and privacy issues.

Security 186

Security Payments Company Compliance 186

PYMNTS

MAY 24, 2019

The Financial Crimes Enforcement Network ( FinCEN ) is launching an initiative called the FinCEN Innovation Hours Program, as a call to private sector companies that have developed tech to fight money laundering and terrorist financing, the organization said in a release. FinCEN expects to hold events in the Washington, D.C.

Innovation 124

Innovation US Metro Washington 124

PYMNTS

OCTOBER 29, 2018

While these initiatives are spurring more focused financial services innovations, they also come with challenges. These initiatives could also lead to an increase in security risks, since sharing data among a range of financial service providers creates new opportunities for it to fall into the wrong hands.

Security 192

Security Fraud Tools Data 192

PYMNTS

FEBRUARY 23, 2018

Entersekt , the push-based authentication and mobile app security company, announced news on Thursday (Feb. 22) that it inked a technology partnership with global information solutions company Equifax. Adding Transakt to our platforms provides us with a secure way to identify, reach out to and interact with our customers.”.

Security 100

Security Mobile Innovation America 100

PYMNTS

FEBRUARY 21, 2019

That said, IoT device creators and consumers are looking at IoT security with a higher level of scrutiny. In the February Intelligence of Things Tracker , PYMNTS examines how countries, developers and consumers are responding to increased calls for security, as well as how the IoT market is growing worldwide. Around the IoT World.

Security 180

Security Data Conference Regional 180

CFPB Monitor

AUGUST 27, 2020

The CFPB has issued a new request for information about the credit card market that seeks comment on two related, but separate, reviews. The RFI includes citations to each of the CARD Act rules and further information about their content.). Innovation. CARD Act Review.

Cards 78

Cards Marketing Compliance Innovation 78

PYMNTS

SEPTEMBER 12, 2018

Omni Security and Authentication. Consumers expect to do business with their bank online seamlessly, without the hassle of complicated security checks, whether through their mobile phone, smart watch, home speaker or other connected device. Around The Security And Authentication Space.

Security 139

Security Report CA Fraud 139

PYMNTS

DECEMBER 18, 2019

PYMNTS recently spoke with Caroline Larson, Caribou Coffee’s senior director, about how the chain switched Caribou Perks from a surprise-and-delight model to a points-based system, as well as how it keeps its mobile app secure. Another innovation Caribou implemented post-release was targeted recommendations. Keeping The Cup Secure.

Mobile 130

Mobile Innovation System Security 130

PYMNTS

NOVEMBER 5, 2019

And it might not go so far in payments and commerce in the coming decade, at least going by the results of a new Mastercard collaboration with Harvard Business Review Analytics on what really works when it comes to innovation, companies and executives. 2020 Innovation Sparks. The report, released Tuesday (Nov.

Innovation 102

Innovation Report social media Data 102

PYMNTS

JANUARY 28, 2021

As solution providers position innovative commercial payment solutions in the market, they're increasingly having to benefit both buyers and suppliers. In addition to connecting stakeholders to information about where a global payment is at any given time, iBanFirst will also provide insight into factors that may cause potential delays.

Innovation 154

Innovation Cards Payments Capital 154

Bank Innovation

JUNE 15, 2016

Bank Innovation today officially launches BankBoost, a new app that fosters information discovery in the fintech industry. Users can post on any fintech topic and seek answers from the Bank Innovation community. BankBoost is an “answerbase,” which means it is an app for getting questions to your fintech questions.

Innovation 150

Innovation Fintech Community Industry 150

PYMNTS

JULY 30, 2019

Modern credit unions understand all too well that loyalty innovation is critical to staying in business, and that those that do not prioritize it risk losing a significant share of their members. Loyalty-based innovation is a top concern for many credit union (CU) members, as outlined in the latest Credit Union Innovation Playbook.

Innovation 108

Innovation Data Analytics Video 108

PYMNTS

AUGUST 9, 2019

In other security news, phone numbers can provide a treasure trove of information about a consumer who is trying to open an account with an online merchant, onboard to an online service or sign up for a new banking account. Merchants are scrambling as the strong customer authentication (SCA) deadline looms.

Security 116

Security Fraud Data Online 116

Cisco

NOVEMBER 16, 2020

Ways to leverage IoT sensors, and networking & security solutions for remote work & branch ATMs. Secure and compliant remote work enablement. Aligning employee video conferencing and collaboration use with your security, risk, and compliance requirements. Create the Next Generation Agile, Secure and Intelligent Campus.

Security 138

Security Compliance Video ATM 138