Search Results for: data breaches

Artificial Intelligence Cloud Featured Finance Fintech Robotic Process Automation

Automating FinOps with Intelligent Cloud Management: Tools and Techniques for Scalability

Fintech Staff Writer
by Fintech Staff Writer0
As cloud usage scales across organizations, FinOps, or financial operations for cloud cost management, has emerged as a common practice for governing expenditures while maximizing efficiency. With cloud usage accelerating due to digital transformation, organizations are increasingly turning to intelligent cloud management tools and automation techniques to make FinOps scalable......
Cryptocurrency Digital Wallet Featured Fintech Security

The Future of Digital Identity in Fintech: Advanced Authentication Methods Using Biometrics and Cryptography

Fintech Staff Writer
by Fintech Staff Writer0
As the FinTech industry continues to expand, digital identity has become a key pillar in ensuring secure, seamless transactions and financial services. With growing concerns over privacy, fraud, and security breaches, there is an increasing need for more sophisticated and reliable authentication methods. Traditional password-based systems are no longer sufficient......
New Report Reveals: Customer Loyalty at Stake for Financial Institutions Due to Rise in Identity-Based Attacks
Finance Fintech News Security

New Report Reveals: Customer Loyalty at Stake for Financial Institutions Due to Rise in Identity-Based Attacks

GlobeNewswire
by GlobeNewswire0
Gap Widens Between Customer Expectations and Financial Institutions’ Cybersecurity Efforts HYPR, the Identity Assurance Company, today released its spotlight report “When Trust is Hacked: Customer Identity Security in Finance.” This report sheds light on the persistent threat of credential misuse and authentication vulnerabilities plaguing the financial industry, drawing a direct......
Chubb's Digital Payments and Cyber Scams Survey Finds Growing Impact of Fraud on Consumers; Harms Trust in Payment Methods
Digital Payments Finance Fintech News Security

Chubb’s Digital Payments and Cyber Scams Survey Finds Growing Impact of Fraud on Consumers; Harms Trust in Payment Methods

PR Newswire
by PR Newswire0
Across the globe, 61% have changed their behavior or reduced use of digital payment platforms due to cyber scam concerns. 75% say transaction insurance would boost their trust, increasing adoption. Chubb, a world leader in insurance, today released the results of its new global survey, “The Impact of Cyber Scams......
Artificial Intelligence Featured Finance Fintech Machine Learning Security

RegTech and the Future of Regulatory Reporting

Prajakta Ayade
by Prajakta Ayade0
The financial services industry has witnessed a significant transformation driven by financial tech advancements. Among these innovations, Regulatory Technology, or RegTech, has emerged as a critical component in reshaping the future of regulatory reporting. Understanding RegTech RegTech refers to the use of technology, particularly information technology, to enhance the management......
SafeSend Announces SafeSend One: New AI-Powered Tools for Tax and Accounting Professionals
Artificial Intelligence News

SafeSend Announces SafeSend One: New AI-Powered Tools for Tax and Accounting Professionals

Cision PRWeb
by Cision PRWeb0
SafeSend, the leading provider of automation technology for tax and accounting professionals, announced the launch of SafeSend One featuring the groundbreaking Next Gen Gather AI. SafeSend One the next evolution of the SafeSend Suite, automates the entire tax process, from taxpayer document gathering, integrations with tax preparation leaders, to tax......
Digital Payments Finance Fintech Guest Posts Security

Future-proofing payments in the contactless era with SoftPoS

Brad Hyett
by Brad Hyett0
By Brad Hyett, CEO at phos Recent findings by UK Finance reveal the true extent to which payment technology has evolved in recent years, with a recent survey showing that an overwhelming 93% of card transactions in the UK are now contactless. This paints a clear picture; that a robust......
AuthenticID Mid-Year Report Reveals Continued Surge in Fraud and Increase in Consumer Worry
Finance Fintech News Risk Management Security

AuthenticID Mid-Year Report Reveals Continued Surge in Fraud and Increase in Consumer Worry

Business Wire
by Business Wire0
Mid-Year Identity Fraud Review highlights the rise of deepfake technology, consumer sentiment regarding identity fraud and digital identity trends Fraudulent transactions in the first half of 2024 were up over 73% year over year, and suspected fraudulent transactions increased by over 84%, according to the 2024 Mid-Year Identity Fraud Review,......
Artificial Intelligence Compliance management Digital Wallet Economy Featured Fintech Payment gateways Technology

RegTech for a Globalized World: How RegTech Helps With Cross-Border Regulatory Challenges

Fintech Staff Writer
by Fintech Staff Writer0
Understanding RegTech RegTech, short for Regulatory Technology, refers to the application of innovative technology to improve the efficiency and effectiveness of regulatory compliance. It encompasses a wide range of technologies including artificial intelligence (AI), blockchain, big data analytics, and machine learning. These technologies help organizations manage regulatory requirements, streamline compliance......
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......
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