Tag : data security

New Survey from Semafone Reveals Brands are Missing a Critical Step When It Comes to Omnichannel Payments
Digital Payments News

New Survey from Semafone Reveals Brands are Missing a Critical Step When It Comes to Omnichannel Payments

FTS News Desk
With digital channels and social shopping on the rise, greater awareness for security and privacy measures for omnichannel payments is vital for improving consumer confidence Semafone®, the leading provider of data security and compliance solutions for call and contact centers, released data from its Omnichannel Payments Consumer Trust survey. The......
Data Exfiltration Extortion Reaches Highest Inflection Point
Big Data Featured Security

Data Exfiltration Extortion Reaches Highest Inflection Point; Globally Companies Lost $80 Billion+ to Ransomware

Sudipto Ghosh
Companies are losing billions of dollars to Data Exfiltration Extortion and ransomware attacks. Fintech industry is one of the hardest-hit. Over the past few months, we have witnessed some of the biggest cyber extortions arising from ransomware and data exfiltration, both inflicting severe damage to key markets, including fintech, IT......
Raiffeisenbank Russia Has Deployed AI Smart Engines ID Scanning Technologies For Customer Onboarding
Banking Finance News

Raiffeisenbank Russia Has Deployed AI Smart Engines ID Scanning Technologies For Customer Onboarding

FTS News Desk
Raiffeisenbank Russia has integrated Smart Engines software for automatic passport recognition. Opening an account in bank branches with Smart ID Engine is now more comfortable with highly precise and fast data extraction. The technical solution based on Smart ID Engine works on-premise, which guarantees personal data security and privacy. Raiffeisenbank......
Improving your CX without Compromising on Customer Data Security
Banking Business Featured Fintech

Improving your CX without Compromising on Customer Data Security – Here’s How!

Paroma Sen
The 2020 Covid-19 pandemic that led to must-need social distancing measures and work from home policies also prompted increased use of online and internet based resources across industries. When it comes to retail and personal banking, while businesses and consumers are now adjusting to internet based mobile transactions, it is......
70% of Financial Organizations Are Concerned About Insider Data Theft During Remote Work
Fintech News Risk Management

70% of Financial Organizations Are Concerned About Insider Data Theft During Remote Work

FTS News Desk
Netwrix, a cybersecurity vendor that makes data security easy, announced financial market findings from its 2020 Netwrix Cyber Threats Report. Netwrix conducted this online survey in June 2020 to understand how the pandemic and ensuing work-from-home initiatives changed the IT risk landscape. Of all the verticals the online survey analyzed, the financial......
CURO Achieves SOC 2 Certification
Fintech News

CURO Achieves SOC 2 Certification

FTS News Desk
Compensation Management Technology Leader Demonstrates Ongoing Commitment to Data Security  CURO Compensation Limited (CURO), an industry leader in total compensation management technology, today announced the successful completion of its System and Organization Controls (SOC) 2® Type 1 Audit. The examination provides independent validation that CURO’s internal security controls and data confidentiality standards......
Futurex Introduces API Integration with Amazon Web Services for Financial Cloud HSMs
Business Fintech News

Futurex Introduces API Integration with Amazon Web Services for Financial Cloud HSMs

FTS News Desk
Futurex, a leader in hardened, enterprise-class data security solutions, announced API integration with Amazon Web Services (AWS) for Futurex’s VirtuCrypt financial cloud hardware security module (HSM) service. This integration empowers organizations to fully transition to the cloud for financial use cases such as acquiring, issuing, and Point-to-Point Encryption (P2PE) – and simplifies......
Futurex Introduces API Integration with Amazon Web Services for Financial Cloud HSMs
Business Fintech News

Futurex and Venafi Partner to Expand Machine Identity Protection

FTS News Desk
Futurex and Venafi integration uses HSM and key management to safeguard machine identities from key compromise, fraud attempts, and insider attacks Futurex, a leading provider of hardened enterprise-class data security solutions, and Venafi, the leading provider of machine identity protection, announced the integration of Futurex’s hardware security modules (HSMs), KMES......
Northstar Capital Supports Thompson Street Capital Partners’ Investment in PKWARE
Business Capital Markets Fintech Investment Services News

Northstar Capital Supports Thompson Street Capital Partners’ Investment in PKWARE

FTS News Desk
Northstar Capital (“Northstar”), a provider of junior capital for middle-market private equity transactions, is pleased to announce its investment in PKWARE, a portfolio company of Thompson Street Capital Partners (“TSCP”). Founded in 1986, PKWARE created the .ZIP file format and provides leading compression, encryption, and data security platform solutions to highly......