Category : Security

Scam Survey: UK Consumers Lack Confidence in Real-Time Payments Security
Digital Payments News Security

Scam Survey: UK Consumers Lack Confidence in Real-Time Payments Security

Business Wire
by Business Wire0
FICO’s latest research highlights the need for financial institutions to effectively communicate security measures for wider adoption of RTP An international survey on the uptake, trust, and future of real-time payments (RTP) from global analytics software leader FICO highlights the need for UK banks to focus on building confidence in......
NICE Actimize 2025 EMEA Fraud Survey Uncovers the Top Financial Fraud Types That FIs Must Prioritize
Fintech News Risk Management Security

NICE Actimize 2025 EMEA Fraud Survey Uncovers the Top Financial Fraud Types That FIs Must Prioritize

Business Wire
by Business Wire0
Technology will have a huge role to play in fraud detection with GenAI and consortium analytics shown to have the most promise NICE Actimize, a NICE business, has released “The 2025 Fraud Survey: EMEA Financial Fraud Trends and Investment Priorities” report which identifies the fraud trends landscape across Europe, the Middle East......
Bectran Introduces Enhanced Fraud Security & Applicant Verification Capabilities with Latest Integration
Finance Fintech News Security

Bectran Introduces Enhanced Fraud Security & Applicant Verification Capabilities with Latest Integration

GlobeNewswire
by GlobeNewswire0
Bectran, Inc., the industry leader in credit, collections and accounts receivable management technology, has introduced a new integration with a leading global data and technology firm, delivering advanced identity verification, fraud detection and risk-based authentication right to your credit application process. “With this latest integration, our clients gain access to a powerful......
LOKKER and Bitsight Partner to Meet Insurance Providers' Growing Demand for Privacy Risk Analysis in Cyber Insurance Underwriting
InsurTech News Risk Management Security

LOKKER and Bitsight Partner to Meet Insurance Providers’ Growing Demand for Privacy Risk Analysis in Cyber Insurance Underwriting

PR Newswire
by PR Newswire0
The partnership makes LOKKER’s privacy risk data available to Bitsight’s cyber insurance customers for both privacy risk analysis and suggested steps for remediation. LOKKER, provider of online data privacy and compliance solutions for enterprises, and Bitsight, the global leader in cyber risk management, announced a partnership to deliver privacy risks to......
Solving Repetitive KYC Fatigue: Sumsub Introduces Reusable Digital Identity Product Suite
Finance Fintech News Security

Solving Repetitive KYC Fatigue: Sumsub Introduces Reusable Digital Identity Product Suite

PR Newswire
by PR Newswire0
The new offerings, Sumsub ID and Reusable KYC, enable seamless and secure identity verification across 4000+ Sumsub client platforms while protecting user data and ensuring compliance. Today Sumsub, a global full-cycle verification platform, is launching its Reusable Digital Identity product suite. It will effectively mitigate repetitive verification and redundant Know Your Customer (KYC)......
Artificial Intelligence Blockchain Featured Finance Fintech Risk Management Security

Overcoming AI Silos: How Decentralized Data Marketplaces are Enabling Secure Financial Data Exchange

Fintech Staff Writer
by Fintech Staff Writer0
Financial institutions generate and rely on vast amounts of data for decision-making, risk assessment, fraud detection, and customer service optimization. However, data silos—where information is confined within individual organizations—often hinder the full potential of AI-driven analytics. These silos restrict data-sharing, leading to inefficiencies, increased costs, and missed opportunities for innovation.......
Almost three quarters of senior global financial services professionals expect financial crime risk to rise in 2025 - Kroll
Finance Fintech News Risk Management Security

Almost three quarters of senior global financial services professionals expect financial crime risk to rise in 2025 – Kroll

PR Newswire
by PR Newswire0
Cybersecurity threats and data breaches rank as top risk factor, cited by 68% of those who expect an increase   Half (49%) say that keeping up with evolving regulations is the biggest challenge in sanctions compliance Just one-third (33%) of professionals feel “very prepared” to address geopolitical risks over the......
Artificial Intelligence Banking Blockchain Featured Finance Fintech Machine Learning Security

The Architecture of Push-to-Card Payments: How Real-Time Transactions Are Processed Globally

Fintech Staff Writer
by Fintech Staff Writer0
Push-to-Card Payments have emerged as a game-changing solution for real-time money transfers. Unlike traditional pull-based card transactions, which require a recipient to initiate a request for funds, push-to-card payments allow a sender to directly transfer funds to a recipient’s card account. This technology is revolutionizing peer-to-peer (P2P) payments, payroll disbursements,......
Resecurity Partners With Union of Arab Banks to Strengthen Cybersecurity and Fraud Prevention Across the Arab Financial Sector
Fintech News Security

Resecurity Partners With Union of Arab Banks to Strengthen Cybersecurity and Fraud Prevention Across the Arab Financial Sector

Business Wire
by Business Wire0
Resecurity, a U.S.-based cybersecurity company protecting Fortune 500 companies and government agencies globally, has announced a strategic partnership with the Union of Arab Banks (UAB) to enhance cybersecurity capabilities, fraud prevention, and threat intelligence sharing across the Arab banking and financial sectors. The Union of Arab Banks (UAB), which represents over 330 Arab banking and......
fija Partners with softstack in Smart Contract Auditing
DeFi News Security

fija Partners with softstack in Smart Contract Auditing

EIN Presswire
by EIN Presswire0
Fija enhanced smart contract security and fund protection following softstack’s in-depth audit, with all identified risks addressed. DeFi security is more critical than ever, with billions lost to exploits and vulnerabilities. In 2024 alone, DeFi hacks resulted in over $3 billion in losses, highlighting the urgent need for rigorous security......
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