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Visa Upgrades Systems To Support 3D-Secure 2.0

PYMNTS

Visa announced Tuesday (May 30) that it is rolling out enhancements to its Verified by Visa service, a global solution designed to make online purchases more secure by helping ensure payments are made by the rightful owner of the Visa account. As part of the upgrade, Visa said it was enhancing its systems to support 3-D Secure 2.0,

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Federal agencies approve cyber-attack rules for US banking system

Banking Exchange

OCC, Board, FDIC will require banks to report incidents within 36 hours Compliance Compliance Management Compliance/Regulatory Cyberfraud/ID Theft Security Mobile Online Core Systems Risk Management Technology Feature Feature3.

System 159
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Cloud Banking Gives Legacy Systems A Lift

PYMNTS

Is it surprising to know that 55 percent of legacy financial institutions (FIs) report lacking maturity in core systems? Or that, on average, 15 percent of an FI’s annual operating costs go toward maintaining core banking systems that are outmoded? It’s true, but not for long. AI Poised for a “Profound Impact”.

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Regtech in banking: How emerging technology helps keep banks compliant

Abrigo

Takeaway 1 Regtech uses new technologies such as AI and machine learning to streamline processes that keep organizations compliant. Regulatory technology, or regtech, can improve the efficiency and effectiveness of functions in many workplaces, and banks and credit unions are no exception.

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Regtech in banking: How emerging technology helps keep banks compliant

Abrigo

Takeaway 1 Regtech uses new technologies such as AI and machine learning to streamline processes that keep organizations compliant. Regulatory technology, or regtech, can improve the efficiency and effectiveness of functions in many workplaces, and banks and credit unions are no exception.

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TSYS Attacked With Ransomware, Has Data Posted Online

PYMNTS

TSYS , a payment processing company, has suffered a ransomware attack and had some data posted online, according to a report from Krebs on Security. We experienced a ransomware attack involving systems that support certain corporate back office functions of a legacy TSYS merchant business," TSYS said in a statement to PYMNTS. "We

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Aleran Software Rolls Out OneMart B2B eCommerce Technology

PYMNTS

Sales order management company Aleran Software rolled out its OneMart B2B online shopping technology, according to a Thursday (Oct 1.) The technology’s drag and drop creator lets users quickly make safe, branded shopping experiences without the need to have technological know-how. announcement.

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