Category : Security

Cyber Security Regulations Are Breaking the Bank for UK Financial Service Organisations
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Cyber Security Regulations Are Breaking the Bank for UK Financial Service Organisations

Business Wire
by Business Wire0
Nearly Half (47%) of UK Businesses Reported Spending Over a Million Euros in the last two years. Ransomware remains the greatest cyber threat to the UK’s finance and banking sector. Costs also deteriorated employee wellness; regulations put enhanced pressure on over half (58%) of UK CISOs. Although the European Digital......
Artificial Intelligence Featured Finance Fintech Robotic Process Automation Security Trading

How AI is Shaping the Future of Security in FinTech

Fintech Staff Writer
by Fintech Staff Writer0
Artificial Intelligence (AI) is rapidly transforming the financial services and fintech sector, revolutionizing how businesses operate, by accelerating processes, enhancing decision-making, and strengthening security. AI’s influence extends beyond automating routine tasks—it drives innovation, enabling the development of new business models that were once out of reach. From speeding up operations......
Wultra Secures €3M to Protect Financial Institutions from Quantum Threats
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Wultra Secures €3M to Protect Financial Institutions from Quantum Threats

GlobeNewswire
by GlobeNewswire0
Quantum computing is set to revolutionize technology, but it also presents a significant security risk for financial institutions. Czech cybersecurity startup Wultra has raised €3 million from Tensor Ventures, Elevator Ventures, and J&T Ventures to accelerate the development of its post-quantum authentication technology, safeguarding banks and fintech against the coming......
CertifID Acquires Paymints.io
Commerce Digital Payments Finance Fintech Primers Investments Markets News Property Recommended Risk Management Security Stock Market Technology

CertifID Acquires Paymints.io

Business Wire
by Business Wire0
CertifID further extends its leadership as the most comprehensive fraud protection platform available for the title and real estate industry CertifID, a leader in wire fraud protection for the real estate industry, announced Tuesday that it has acquired Paymints.io, a solution that enables digital money transfers by title companies, law......
ThreatMark Secures $23 Million Investment to Drive Growth, Expand Market Presence, and Revolutionize Fraud Prevention
Commerce DeFi Digital Asset Management Digital Payments Digital Wallet Finance Fintech Primers Investment Services Investments Lending Markets Mortgage News Property Recommended Security Stock Market Technology

ThreatMark Secures $23 Million Investment to Drive Growth, Expand Market Presence, and Revolutionize Fraud Prevention

Fintech News Desk
by Fintech News Desk0
ThreatMark Secures $23 Million Investment to Drive Growth, Expand Market Presence, and Revolutionize Fraud Prevention ThreatMark, a leading innovator in behavior-based fraud prevention, closed a $23 million funding round. The round includes $15 million from Octopus Ventures, one of the largest and most active venture capital investors in the UK......
Banking Fintech Guest Posts Payment gateways Risk Management Security

Six Risks That Could Undermine Your Business: The Hidden Dangers of Sticking with Legacy Card Tech

Gary Singh
by Gary Singh0
Legacy card technology might feel like a steady foundation for your card program, but it’s often a liability in today’s competitive financial landscape. From rising operational costs to shifting consumer expectations, legacy systems pose significant risks that can undermine a financial institution’s growth. The six risks facing card programs today......
Analytics Artificial Intelligence Compliance management Featured Finance Fintech Payment gateways Security

Developing AI Models to Identify and Mitigate Emerging Financial Fraud Schemes

Fintech Staff Writer
by Fintech Staff Writer0
The rapid evolution of financial technology has transformed financial systems, enabling faster transactions and seamless access to services. However, these advancements have also opened the door for increasingly sophisticated emerging financial fraud schemes. To combat these threats, organizations are leveraging artificial intelligence (AI) to develop advanced models capable of identifying......
Artificial Intelligence Compliance management Digital Payments Guest Posts Security

Here’s How to Assess the AI Vendors That Can Make Your Payments More Secure

Dorota Wrobel
by Dorota Wrobel0
It took a bit before the mainstream became accustomed to online payments, but it did. In 2023, over 70% of American adults used PayPal, and that number was significantly larger for younger generations and in geographies like Germany, UK, and France.  It’s a great evolution of tech – simple, convenient,......
Digital Payments Featured Fintech Payment gateways Security

Designing Multi-Gateway Payment Platforms

Fintech Staff Writer
by Fintech Staff Writer0
Businesses are increasingly adopting multi-gateway payment platforms to streamline payment processes and provide a seamless experience for their customers. These new age payment platforms allow businesses to integrate multiple payment gateways, enabling them to support diverse payment methods, improve transaction reliability, and expand their reach globally. Designing such platforms requires......
Artificial Intelligence Compliance management Featured Fintech Risk Management Security

Cross-Border P2P Transfers with AI: Overcoming Currency and Compliance Complexities

Fintech Staff Writer
by Fintech Staff Writer0
Peer-to-peer (P2P) transfers have revolutionized how individuals send money globally, enabling faster and more convenient cross-border transactions. Yet, these transfers face significant challenges, including currency conversion complexities, varying regulatory requirements, and fraud risks. The integration of artificial intelligence (AI) into cross-border P2P transfers is transforming this landscape, offering innovative solutions......
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