Category : Security

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......
Artificial Intelligence Banking Digital Payments Featured Finance Fintech Risk Management Security

Fintech Startups from the Global Fintech Landscape That Made Headlines in 2024

Prajakta Ayade
by Prajakta Ayade0
In 2024, fintech startups continued to redefine financial services with innovation, customer focus, and market expansion. Across various sectors like neobanking, payments, lending, and cryptocurrency, several fintech companies captured global attention due to their impressive growth and transformative impact. Leading Fintech Innovators of 2024 Nubank Nubank, South America’s largest neobank,......
SukuPay collaborates with Telefónica to bring TU Latch security to global remittances.
Commerce Digital Payments Finance Fintech Fintech Primers Investments News Recommended Security

SukuPay collaborates with Telefónica to bring TU Latch security to global remittances.

PR Newswire
by PR Newswire0
SukuPay has collaborated with Telefónica to integrate TU Latch, a digital identity protection solution. This collaboration adds a layer of security to SukuPay users through two-factor authentication (2FA), giving them greater control over their accounts and transactions. TU Latch allows users to lock and unlock their accounts, ensuring only authorized......
Artificial Intelligence Finance Fintech Guest Posts Risk Management Robotic Process Automation Security

Gen AI and Its Impact on Fraud and Identity Verification

James Bruni
by James Bruni0
By James Bruni, GBG IDology The technology used to combat identity theft and limit fraud is constantly evolving. Unfortunately, bad actors also use emerging technologies to create new opportunities for fraud. Generative AI (Gen AI) has already had a massive impact on the threat landscape and is set to create......
Blockchain Digital Wallet Featured Finance Fintech Security

Deconstructing Digital Wallets: Designing for Interoperability and User Privacy

Fintech Staff Writer
by Fintech Staff Writer0
Digital wallets have revolutionized how individuals interact with financial services, transforming payments, identity verification, and asset management into seamless, accessible experiences. By offering convenient, contactless solutions, digital wallets have become essential in modern economies. However, as their usage grows, so do concerns about interoperability and user privacy. Addressing these concerns......
SecurityScorecard Threat Intel Report: 97% of Leading U.S. Banks Impacted by Third-Party Data Breaches in 2024
Banking Finance Fintech News Risk Management Security

SecurityScorecard Threat Intel Report: 97% of Leading U.S. Banks Impacted by Third-Party Data Breaches in 2024

Business Wire
by Business Wire0
New report highlights growing risks in banking supply chains amid increasing third-party reliance SecurityScorecard today released an in-depth analysis revealing that 97% of the top 100 U.S. banks experienced a third-party data breach in the past year, exposing significant vulnerabilities in banking supply chains. As banks increasingly rely on third-party vendors......
Artificial Intelligence Featured Finance Fintech Risk Management Robotic Process Automation Security

Optimizing Data Annotation Pipelines for AI Models in the Insurance Sector

Fintech Staff Writer
by Fintech Staff Writer0
The insurance sector has increasingly adopted artificial intelligence (AI) to enhance risk assessment, fraud detection, customer personalization, and claims processing. AI models in the insurance sector rely on vast amounts of high-quality labeled data to perform these tasks accurately. Data annotation—the process of labeling datasets for training AI models—is thus......
Artificial Intelligence Banking Finance Fintech Guest Posts Security

Safe AI Strategy for Community Financial Institutions: Turning Concepts into Action

Saahil Kamath
by Saahil Kamath0
By Saahil Kamath, Head of AI at Eltropy Five Guiding Principles for Responsible AI Adoption in Community Banking Community financial institutions (CFIs) have long been the bedrock of trust in local economies, offering personalized service that big banks often can’t match. Now, as artificial intelligence reshapes the financial sector, these institutions face a pivotal moment. The challenge isn’t just about adopting new technology;......
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