PYMNTS

MAY 18, 2020

Japan-based credit card and payment firm JCB has announced a partnership with tech startup accelerator TECHFUND to explore the idea of a payment system with blockchain options, the company said on Friday (May 15). JCB, one of the biggest credit card operator in Japan, has also worked with blockchain before, partnering with U.S.-based

blockchain 287

blockchain System Payments cryptocurrency 287

Cisco

MARCH 29, 2022

It’s evident that digital investments made prior to 2020 helped many financial institutions respond quickly to a rapidly changing operational environment. As financial services look ahead, it is perhaps time to consider the next phase of the transformation campaign in pursuit of complete operational transformation as the end-goal.

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Operations Analytics Tools Resources 138

PYMNTS

AUGUST 11, 2020

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

Security North Carolina Leadership Meeting 221

Perficient

JUNE 5, 2020

Secure software practices are at the heart of all system development; doubly so for highly regulated industries such as health-care providers. As a best-practice it is recommended to adopt automation of certain security audits, integration of compliance oversight into key development process areas (e.g. Source Code Analysis.

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Compliance Security Software System 332

PYMNTS

JANUARY 6, 2020

Regionally operated payment systems in Jamaica will consequently be regulated more closely. The bank explicated that FMIs are crucial to Jamaica’s financial system and the country’s broader economy, contributing to overall financial growth.

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System Payments Regulation Security 131

PYMNTS

JULY 19, 2019

Online payment system Jollypay has received a license to operate in the United Arab Emirates (UAE), and it’s one of the first foreign companies to do so, according to a release. . In other UAE-related news, the First Abu Dhabi Bank recently rolled out a payroll card solution for the market via its Mercury payment operator unit.

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Operations ATM System Cards 139

PYMNTS

JANUARY 27, 2021

Some schemes that are impractical to wage in person are simpler to perpetrate online because of a decreased security presence, the anonymity of transactions and fraudsters’ abilities to stage hundreds of attacks simultaneously. Biometric-based methods’ effectiveness varies, but all provide better security than simple passwords.

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Security Innovation Fraud Study 213

PYMNTS

JUNE 26, 2020

Introducing open banking principles has not been without friction, however, with banks and consumers concerned over how this sea change will affect FIs’ daily operations. Open banking’s nature fortunately provides superior data security to traditional banking models. Open Banking Prevents Data Exposure. In the U.K.,

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System Data Security Examples 198

PYMNTS

NOVEMBER 16, 2020

The European Central Bank (ECB) has plans to independently investigate an incident that affected its TARGET2 real-time gross settlement system on Oct. It is owned and operated by the Eurosystem and allows bank submissions from central banks and commercial banks.

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System Payments Operations Software 217

PYMNTS

AUGUST 5, 2019

The move was described by Kansas Federal Reserve President Esther George as the biggest infrastructure upgrade embraced by the Federal Reserve since the ACH system went online in 1972. That stipulation is very important for the creation of the FedNow system.

System 212

System Payments Kansas Online 212

Cisco

JULY 26, 2022

According to McKinsey, fast organizations outperform others by a minimum of 2x on a range of outcomes, including operational resiliency, financial performance, and growth. 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

Perficient

JUNE 1, 2022

So far in our 6-part blog series explaining the intricacies of TRACE, we have defined TRACE reporting, detailed the prep work to be done in order to effectively report TRACE transactions , and reviewed considerations for alternative trading systems. by programming systems to delay reporting until the end of the reporting period.

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Report Security Regulation System 294

PYMNTS

JANUARY 17, 2020

Epic Systems is telling clients that it will not seek further Google Cloud integration and will instead focus on Microsoft Azure and Amazon Web Services (AWS), CNBC reported. The company decided to stop development with Google Cloud as it wasn’t experiencing enough interest among its health system clients to justify the investment.

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PYMNTS

OCTOBER 30, 2020

Slow compliance checks and sluggish processing times are commonplace, especially on the legacy systems still used by many banks around the world. The following Deep Dive explores the various hurdles that payments face as well as how automation and cloud-based systems can help FIs overcome them. consumer purchases made with cash.

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Operations Payments Compliance System 228

Perficient

FEBRUARY 29, 2024

Banking institutions are responding by integrating advanced technologies, particularly artificial intelligence and data analytics, into their lending operations to enhance efficiency and adaptability. The emergence of modern alternatives to traditional credit scoring signifies a broader movement toward financial inclusion.

Trends 221

Trends Industry Analytics Compliance 221

PYMNTS

FEBRUARY 17, 2020

Dallas-based busing line Greyhound is all too familiar with such problems, prompting it to implement advanced learning technologies to secure ticketing. Our number one goal was making sure that process was as frictionless as possible while making sure that we [offered] a fully secure process.”. Overcoming legacy systems.

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Security Tools Fraud System 141

BankUnderground

AUGUST 9, 2022

We argue that if an open and decentralised metaverse grows, existing risks from cryptoassets may scale to have systemic financial stability consequences. Types of cryptoasset include non-fungible tokens (NFTs), cryptocurrencies, utility and security tokens. The role of cryptoassets.

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System blockchain cryptocurrency Lending 126

PYMNTS

MARCH 1, 2019

Cybersecurity returned to the top of the B2B startup investment list as three companies in the enterprise security realm landed nearly half of the $246 million in B2B venture capital this week. Cequence Security. Also operating in the enterprise security space is Cequence Security, based in California.

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Security Capital Analytics Software 189

PYMNTS

JANUARY 9, 2020

After raising $1b last November, the Noida-headquartered firm confirmed its business app now features a comprehensive QR code system operating on multiple platforms, accepting payments from diverse sources, including mobile wallets as well as any powered by UPI, a systems infrastructure widely utilized in the industry.

System 136

System Payments Conference Operations 136

PYMNTS

NOVEMBER 23, 2020

Banks, merchants, issuers, processors — they’re all locked in combat with shadowy fraudsters that gain system access via phishing emails as easily as mice sneak into old houses. While technological advancements have revolutionized many aspects of operations, payroll and expense management are not [among] them. They could, and they are.

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System Management Tools Cards 165

PYMNTS

SEPTEMBER 2, 2020

Taking such steps can enable QSRs to streamline their operations and lead to significant sales gains, he noted. Haith said optimizing the QSR’s technologies with convenience in mind has been key to helping it streamline its operations. This customization makes it] difficult to manage inventory through our current POS system.”.

Operations 130

Operations Trends Denver Seattle 130

Perficient

JANUARY 20, 2021

DevOps is a set of practices dedicated to building, delivering, and operating rapidly-evolving systems in close alignment with business objectives. Collaboration between stakeholders, developers, testers, and operations. Code centralized and secure. Faster operations – peer-to-peer. Scalable/distributed workforce.

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Software Operations Tools System 309

PYMNTS

APRIL 16, 2020

Businesses are doing their part by having employees work from home, but some companies are struggling to keep operations secure as opportunistic fraudsters aim to take advantage of the pandemic’s disruption. Bad actors are increasingly trying to exploit confusions as companies transition to remote operations.

Security 130

Security Fraud Tools Survey 130

Banking Exchange

OCTOBER 2, 2019

Proactive Threat Interference® provides protection not offered by other cybersecurity approaches Risk Management Risk Adjusted Technology Compliance Security Online Mobile Operational Risk Compliance Management Feature3 Feature Cyberfraud/ID Theft.

Security 60

Security System Risk Management Compliance 60

Payments Source

DECEMBER 12, 2016

Merchants should check operating systems, since the PC-based operating systems which run most legacy point of sale software have security flaws and are targets for malware.

System 60

System Security Software Operations 60

Bank Innovation

FEBRUARY 16, 2018

An unknown hacker or hackers stole $6 million from a Russian bank in 2017 through the SWIFT international payments system, the Russian central bank said according a report by Reuters today. The Central Bank of Russia said that it had received information about “one successful attack on the work place of a SWIFT system operator” […].

System 239

System Payments Operations Report 239

Bobsguide

JULY 28, 2022

Based in New York, COO, Thomas Bodenski will lead the firm’s business operations across TS Imagine’s integrated trading, portfolio, and real-time risk solutions. He started his career at NTS New Technology Systems in Austria and moved to New York as a key software engineer and architect for CSC. About TS Imagine.

Operations 88

Operations New York Analytics Software 88

PYMNTS

APRIL 29, 2019

Bessemer System Federal Credit Union, a financial organization in Pennsylvania, is suing financial technology company Fiserv Solutions over what it calls rampant billing errors, significant bugs and “baffling” security lapses, according to reports. In its lawsuit, the credit union calls Fiserv products the “lifeblood” of its company.

Security 128

Security Pennsylvania System Financial Technology 128

PYMNTS

JUNE 27, 2019

The pair ultimately designed a concept that could operate without any on-site staff to solve this quandary. “We Designing For Security And Remote Management . Customers visiting the store can select items and check themselves out with a tablet-based point-of-sale (POS) system that accepts credit and debit cards.

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Operations Minnesota Security Policies 105

Perficient

JANUARY 31, 2022

One area mentioned by the company as an issue was a gap in its multi-factor authentication (MFA) system. The company did not specify whether hackers intercepted one-time passwords, whether Crypto.com’s system allowed transactions to go through without the passwords, or whether something else occurred.

Security 294

Security Risk Management Knowledge Base Customer Experience 294

Gonzobanker

MARCH 6, 2020

Addressing common loan and deposit operations process inefficiencies can help financial institutions deliver optimized value to customers and stockholders. In recent years, many financial institutions have been focused on improving their digital delivery capabilities, often at the expense of their operational groups.

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Operations System Groups Technology 93

PYMNTS

JANUARY 28, 2020

WhatsApp, which boasts end-to-end encryption and high-level security, disclosed 12 vulnerabilities in 2019, seven of which were described as critical, according to a report by the Financial Times. Rogers added that the data “strongly suggests” that WhatsApp hadn’t been taking security of the app very seriously.

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Security Conference Video Apple 130

PYMNTS

OCTOBER 15, 2020

Three major Japanese players in technology, payments and banking will run a joint trial to determine how well a new blockchain-based identity verification system operates across companies and industries, the firms announced Thursday (Oct. JCB is a major player in the payments sector in Japan, reporting 141.5

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System blockchain Industry Cards 116

PYMNTS

AUGUST 28, 2019

It’s hardly news that consumers (along with regulators and politicians) are becoming increasingly focused on privacy and online security. According to one estimate, “about 50 million internet-connected cars operate on U.S. And, as PYMNTS has documented , one of the main questions there is who is really responsible for IoT security.

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Security System Operations Report 119

PYMNTS

SEPTEMBER 23, 2019

Two Apple iOS 13 users took to Reddit to share some payment security issues they faced when using the tech giant’s newest iteration of its operating system, according to reports. This is a major security flaw in iOS. Apple has already announced it will release iOS 13.1 on Tuesday (Sept.

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Apple Security Report Payments 193

PYMNTS

JUNE 22, 2020

How Customer Reviews Provide Lifeblood To Restaurant Operations. Customers can find out where their peers are happily returning after good experiences, for example, while eateries can invest time in digital platforms that provide prospective diners with information to secure their patronage. The Value In Quick Responses .

Operations 156

Operations social media Online Survey 156

Perficient

JULY 14, 2020

You have an application you use daily for operations, but when it comes down to clicking that submit button, you need that extra piece of information to make your decision. What if you didn’t have to switch systems, login somewhere else, or do a search? What if that data came to you, was governed, and secured? Try it now.

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Data Regional System Meeting 461