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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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Bank wire fraud – How social engineering and technology perpetrate fraud losses

Abrigo

Takeaway 1 Bank w ire transfer fraud is increasing due to technological advances today. Takeaway 3 Education and technology tools are our best defense against b ank wire transfer fraud in our institutions. While wire transfers offer speed and efficiency, they have always carried inherent risks. The best defense is a good offense.

Fraud 195
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Kansas Passes an Act Requiring Mortgage Companies, Supervised Lender, and Money Transmitters to Create Information Security Standards Consistent with GLBA’s Consumer Information Safeguard Rule

CFPB Monitor

On April 24, the Governor of Kansas signed into law Kansas Senate Bill 44 , which enacts the Financial Institutions Information Security Act (the “Act”).

Kansas 78
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USAA names new chief information officer, new chief security officer

BankInovation

Amala Duggirala joined banking, insurance and investment firm USAA in early January as executive vice president and enterprise chief information officer. Duggirala leads a team of 6,000 that spans technology, data, security and third-party management. She reports to CEO Wayne Peacock.

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3 Ways to Protect Your Clients’ Personal Information

Therefore it is imperative that leaders at these organizations take necessary steps to protect their customers, including their sensitive information. Download this guide “Secure Document Collection: 3 Ways to Protect Your Clients’ Personal Information” to learn: Which types of information are considered personally identifiable.

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Mastercard Debuts NextGen Contactless Technology

PYMNTS

Mastercard has applied new quantum-resistant technologies in order to develop a new kind of contactless payment, according to a press release emailed to PYMNTS. Contactless payments are “future-proofed” in that they will let consumers access the security and convenience for long into the future, according to the release.

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SIA, INFORM Team Up To Advance Digital Payments Authentication

PYMNTS

European tech firm SIA is forming a technological partnership with German software innovator INFORM to launch a digital service to speed up the authentication process for online payments across Europe. The initiative will be powered by INFORM’s RiskShield, an advanced risk evaluation solution.

Payments 165