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Banking Digital Payments Featured Fintech News Security

Security and Fraud Prevention in Digital Payments

Prajakta Ayade
by Prajakta Ayade0
In an era where digital transactions are an everyday aspect, ensuring security and fraud prevention in digital payments has become critical. With the convenience of online shopping, mobile banking, and contactless payments, consumers are increasingly embracing new age digital payment methods. Digital payments reign supreme, offering convenience, speed, and accessibility.......
Rightworks launches WISP and Total Security to streamline industry compliance and strengthen security for the accounting profession
Cloud Fintech News

Rightworks launches WISP and Total Security to streamline industry compliance and strengthen security for the accounting profession

GlobeNewswire
by GlobeNewswire0
Rightworks, the only intelligent cloud purpose-built for the accounting and tax profession, today launched two security offerings, Rightworks WISP and Total Security. The new solutions help accounting firms and small and mid-sized businesses (SMBs) create robust Written Information Security Plans (WISP) to achieve regulatory compliance and protect both employee endpoints and networks, enhancing Rightworks’ OneSpace secure......
Cyber Security in BFSI Market Surges as Financial Institutions Brace for Digital Threats
Banking News Security

Cyber Security in BFSI Market Surges as Financial Institutions Brace for Digital Threats

EIN Presswire
by EIN Presswire0
Surge in threats in the BFSI sector propel the global cyber security in BFSI market. According to the report, the global cybersecurity in banking market generated $74.3 billion in 2022, and is anticipated to generate $ 282 billion by 2032, rising at a CAGR of 14.4% from 2023 to 2032.......
Lumin Digital Introduces One-Click Passkey Support to Enhance Security in Digital Banking
Fintech News

Lumin Digital Introduces One-Click Passkey Support to Enhance Security in Digital Banking

PR Newswire
by PR Newswire0
Lumin Digital (Lumin), a leading fintech company specializing in digital banking solutions, announces the launch of one-click passkey support within its digital banking platform. This innovative feature will help fortify the security of millions of financial institutions’ users against the ever-evolving risks of fraud and phishing attacks and is immediately available to......
Wing Security's SaaS Security Automation to Meet New York Financial Regulations
News Security

Wing Security’s SaaS Security Automation to Meet New York Financial Regulations

PR Newswire
by PR Newswire0
Empowering Understaffed Security Teams to Reach the SaaS Security Bar Before the April 25 Regulatory Deadline Wing Security, the leader in SaaS Security, announced that its SaaS security product is specifically designed to help financial firms and covered entities comply with the stringent NY-DFS regulations that mandate robust cybersecurity measures for SaaS......
SecurityScorecard Threat Research: 21% of S&P 500 Companies Reported Breaches in 2023
Finance Fintech News

SecurityScorecard Threat Research: 21% of S&P 500 Companies Reported Breaches in 2023

Business Wire
by Business Wire0
The new S&P 500 Cyber Threat Report details emerging trends and strategies for Chief Information Security Officers (CISOs). According to the latest threat research from SecurityScorecard, 21% of S&P 500 companies experienced breaches in 2023. The new S&P 500 Cyber Threat Report details emerging trends and strategies for Chief Information......
Baker Hill Implements CrowdStrike to Offer Enhanced End-to-End Security for Financial Institution Clients
News Security

Baker Hill Implements CrowdStrike to Offer Enhanced End-to-End Security for Financial Institution Clients

PR Newswire
by PR Newswire0
By implementing CrowdStrike, Baker Hill has enhanced its robust suite of lending and risk management products for its financial institution clients with 24/7 threat management, monitoring, and response capabilities, as well as managed protection for endpoints, identities, cloud workloads, and more. Baker Hill, the leading financial technology provider in delivering solutions......
Keeper Security Issues Top Cyber Threats To Watch Out for this Tax Season
News Security

Keeper Security Issues Top Cyber Threats To Watch Out for this Tax Season

Fintech News Desk
by Fintech News Desk0
Keeper Security sheds light on prevalent cyber threats during tax season to empower US taxpayers in safeguarding themselves.  As the 2024 tax season unfolds, millions of Americans are gearing up to compile and submit their financial records from 2023 to the US Internal Revenue Service (IRS). In recent years, the......
WiMi Developed a Blockchain-Based Data Security Model for Large Private Network Transactions
Blockchain News

WiMi Developed a Blockchain-Based Data Security Model for Large Private Network Transactions

PR Newswire
by PR Newswire0
The model is based on Bitcoin and Ether, utilising mechanisms such as Proof of Work (PoW) and Proof of Stake (PoS) to validate transactions and generate new blocks. WiMi Hologram Cloud, a leading global Hologram Augmented Reality (“AR”) Technology provider. As IoT applications continue to expand, traditional security models may not......
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