Search Results for: safety concerns

Featured Finance Fintech Risk Management Security

Top Insider Threats Facing FinTech Companies and How to Mitigate Them

Fintech Staff Writer
by Fintech Staff Writer0
The FinTech industry, blending finance with technology, has revolutionized how financial services are delivered. However, with innovation comes new risks, and insider threats have emerged as a significant concern. Insider threats, originating from current or former employees, contractors, or business partners, can cause severe damage. These threats are particularly challenging......
Innovating Security: How FinVolution is Taking Next-Generation Technologies to Fight Deepfake-Driven Financial Crimes
Artificial Intelligence News

Innovating Security: How FinVolution is Taking Next-Generation Technologies to Fight Deepfake-Driven Financial Crimes

PR Newswire
by PR Newswire0
Deepfake technology, an artificial intelligence tool capable of generating convincingly fake audio and video, is increasingly being used to perpetrate financial crimes worldwide, raising serious concerns about sophisticated fraud. In a notable incident reported by CNN earlier this year, a finance worker was tricked into transferring $25 million during a video call with......
Banking Digital Wallet Finance Fintech Fintech Startups Interviews Mobile Banking

Global Fintech Series Interview with Yoseph West, Co-Founder and CEO at Relay

Paroma Sen
by Paroma Sen0
Hi Yoseph, tell us about yourself and more about Relay, how has the platform evolved since starting up? I co-founded the company with Paul Klicnik, today our VP of Engineering, in 2018. We recognized that SMBs go to their bank balance to understand their financial picture—not accounting software, and not......
Altcoins
Blockchain Cryptocurrency Digital Payments Digital Wallet Featured

All About Altcoins

Prajakta Ayade
by Prajakta Ayade0
Bitcoin, the trendsetter within cryptocurrencies, has taken the financial world by storm in the recent past. But beyond the shadow of this giant phenomenon lies a diverse ecosystem of digital assets – altcoins. Short for “alternative coins,” altcoins represent a vast landscape of cryptocurrencies, each with its unique features and......
Regula Pinpoints Top Three Business Challenges with Verification of International Customers
News Security

Regula Pinpoints Top Three Business Challenges with Verification of International Customers

Business Wire
by Business Wire0
In addition to the clear risks, such as an increase in fraud, attracting new foreign customers presents less apparent challenges, including the absence of standardized documentation and language barriers. These are the results of a global survey conducted by Regula, a global developer of forensic devices and identity verification solutions.......
Exploring Blockchain Technology
Blockchain Featured Fintech

Exploring Blockchain Technology 

Prajakta Ayade
by Prajakta Ayade0
Blockchain technology, the fundamental idea behind cryptocurrencies like Bitcoin, is changing many industries. Initially conceptualized as a decentralized ledger system to facilitate secure digital transactions, its applications have expanded far beyond finance. Blockchain technology has emerged as a revolutionary force, disrupting traditional systems and bringing in a new era of......
UPCX Wallet Set to Launch Public Testnet, Aiming to Reshape the Crypto Payment Experience
Cryptocurrency News

UPCX Wallet Set to Launch Public Testnet, Aiming to Reshape the Crypto Payment Experience

GlobeNewswire
by GlobeNewswire0
The launch of the public testnet will introduce various innovative tools, including mobile apps, browser extensions, testnet faucets, a blockchain explorer, and performance monitoring tools. In the rapidly evolving cryptocurrency industry, usability and security have become primary concerns for users. UPCX Wallet is designed to simplify the cryptocurrency payment process.......
ValidMind-Secures-$8.1-Million-to-Bring-More-Trust-and-Transparency-to-AI-in-Financial-Services
Artificial Intelligence Fintech News

ValidMind Secures $8.1 Million to Bring More Trust and Transparency to AI in Financial Services

Business Wire
by Business Wire0
This funding will advance ValidMind’s go-to-market plans and establish it as a long-term partner to its customers in financial services. With this round, ValidMind’s total funds raised are $11.1 million. ValidMind, the leading next-generation AI and model risk management platform for financial services, today announced it has raised $8.1 million......
Corporate Finance Leaders Still Concerned About Bank Failure, Survey Shows
Finance News

Corporate Finance Leaders Still Concerned About Bank Failure, Survey Shows

PR Newswire
by PR Newswire0
Ampersand’s first annual Depositor Priorities Survey reveals increased interest in impact investing, and misalignment between financial institutions and their clients.  Ampersand Inc., a financial services firm revolutionizing deposit management, announced the release of its first annual Depositor Priorities Survey report, which underscores depositors’ need for safety and values alignment when......
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