Search Results for: Audit

NCC Bank of Bangladesh Ensures Secure Real-Time Binimoy Transactions with Thales Luna HSMs
Banking News Security

NCC Bank of Bangladesh Ensures Secure Real-Time Binimoy Transactions with Thales Luna HSMs

Business Wire
by Business Wire0
Thales Luna HSMs meet the security requirements of Bangladesh’s new Interoperable Digital Transaction Platform (IDTP), allowing secure real-time movement of funds National Credit and Commerce Bank (NCC) of Bangladesh has rolled-out Thales Luna Hardware Security Modules (HSMs) across its existing infrastructure to meet the complex security requirements of the recently......
PaymentWorks Announces Inaugural Vendor Management Appreciation Day
Digital Payments News

PaymentWorks Announces Inaugural Vendor Management Appreciation Day

Fintech News Desk
by Fintech News Desk0
December 12, 2023 to Honor Vendor Management Professionals PaymentWorks, the digital supplier onboarding platform for secure, compliant and optimized business payments, announced the establishment of Vendor Management Appreciation Day on December 12, 2023. This holiday, coined by PaymentWorks, aims to celebrate and elevate the indispensable contributions of vendor management staff......
Report Finds 78 Percent of Financial Services Organizations Have Experienced a Cybersecurity Breach, Threat and Data Theft
Cloud News Security

Report Finds 78 Percent of Financial Services Organizations Have Experienced a Cybersecurity Breach, Threat and Data Theft

Business Wire
by Business Wire0
Global research demonstrates the financial services industry has been hardest hit by cloud data security issues due to high-value data and volume of cyber threats Skyhigh Security released the Cloud Adoption and Risk Report, Financial Services Edition, that explores how the financial services sector is navigating cloud security in an......
60 Percent of Consumers Turn to Fintech Apps Before Accountants as Digital Adoption Soars
Finance Fintech News

60 Percent of Consumers Turn to Fintech Apps Before Accountants as Digital Adoption Soars

Business Wire
by Business Wire0
Capterra research reveals that banking and payment apps are the most popular, but consumers still seek pros for more complex tasks Fintech apps have simplified financial management and their capabilities are expected to be amplified with AI. According to Capterra’s 2023 Fintech Survey of over 870 consumer fintech users, 60% of respondents......
Chainlink CCIP Launches on Mainnet With DeFi Leaders Synthetix and Aave as Early Adopters
DeFi News

Chainlink CCIP Launches on Mainnet With DeFi Leaders Synthetix and Aave as Early Adopters

PR Newswire
by PR Newswire0
The Chainlink Cross-Chain Interoperability Protocol (CCIP) has entered early access with Aave (BGD Labs) and Synthetix Chainlink, the industry-standard Web3 services platform, announced that the Cross-Chain Interoperability Protocol (CCIP) has entered the Mainnet Early Access phase on the Ethereum, Optimism, Polygon and  Avalanche blockchains. Leading DeFi protocols are adopting CCIP to power cross-chain smart contracts,......
Why the Future of B2B Payments Starts Upstream
Digital Digital Payments Guest Posts

Why the Future of B2B Payments Starts Upstream

Rujul Zaparde
by Rujul Zaparde0
Nearly every business must contend with issuing B2B payments, yet the related processes have famously been too slow. Muddied by manual validation steps and requiring significant effort by controllers and account payable (AP) teams to verify and make payment runs, B2B payments are both cumbersome and time-consuming. AP teams have......
Shield and LeapXpert Survey: WhatsApp and Messaging Apps Still a Major Risk for Banks
News Risk Management

Survey: WhatsApp and Messaging Channels Remain Biggest Threat to Bank Risk Management Despite Massive Fines

PR Newswire
by PR Newswire0
Survey finds 73% of financial institutions lack confidence in their ability to monitor and regulate communication on unapproved channels Shield, solving communication compliance for financial institutions, and LeapXpert, the responsible business communication pioneer, partnered to release findings that show only half of financial institutions (51%) are monitoring employee communications over WhatsApp.......
Stronghold Launches StrongholdNET, Payments Ecosystem of the Future
Digital Payments Finance News

Stronghold Launches StrongholdNET, Payments Ecosystem of the Future

Business Wire
by Business Wire0
Products include merchant rewards, DeFi-backed financing, cutting-edge fintech, and more Payments fintech Stronghold has launched StrongholdNET, a future-facing ecosystem of products and services championing accessible payments. StrongholdNET seamlessly integrates merchants, technology partners, and other essential contributors. By combining cutting-edge technology with community benefits, StrongholdNET creates a new paradigm for payment providers and......
Grant Thornton Survey: Global Sanctions Continue to Pose Significant Challenges for Financial Institutions
Compliance management News

Grant Thornton Survey: Global Sanctions Continue to Pose Significant Challenges for Financial Institutions

Business Wire
by Business Wire0
76% of financial institutions are experiencing enhanced regulatory scrutiny related to sanctions Grant Thornton LLP, one of America’s largest audit, tax and advisory firms, has released its first-ever Global Sanctions Compliance survey. The survey canvassed decision makers at nearly 300 financial institutions around the world to understand how they are responding......
Ault Alliance Is Exploring Initiative to Distribute Special Dividend Payable in Bitcoin
Digital Payments News

Ault Alliance Is Exploring Initiative to Distribute Special Dividend Payable in Bitcoin

Business Wire
by Business Wire0
Ault Alliance, a diversified holding company, announced that it plans to explore a pathway that will allow it to issue a special dividend payable in Bitcoin to stockholders. The Company intends to collaborate with regulatory authorities, its transfer agent and others, which may include a trusted custodian, to determine what......
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