Tag : data security

InsurTech Leader FastTrack Bolsters Its Data Security Strategy, Hires Pinny Tam as Chief Information Security Officer
InsurTech News Risk Management

InsurTech Leader FastTrack Bolsters Its Data Security Strategy, Hires Pinny Tam as Chief Information Security Officer

Fintech News Desk
by Fintech News Desk0
FastTrack is excited to introduce Pinny Tam as Chief Information Security Officer (CISO). Pinny will be responsible for leading FastTrack’s Data Security Group in developing and orchestrating the company’s robust information security strategy. “IT risk management, inclusive of data security and proprietary information protection, continues to be a top priority for......
FTC Strengthens Security Safeguards for Consumer Financial Information Following Widespread Data Breaches
Fintech News

FTC Strengthens Security Safeguards for Consumer Financial Information Following Widespread Data Breaches

Fintech News Desk
by Fintech News Desk0
Agency updates Safeguards Rule to better protect the American public from breaches and cyberattacks that lead to identity theft and other financial losses The Federal Trade Commission announced a newly updated rule that strengthens the data security safeguards that financial institutions are required to put in place to protect their......
Fintech Pioneer Phos Secures €2 Million in Funding
Fintech Mobile Banking News Security

Fintech Pioneer Phos Secures €2 Million in Funding

Fintech News Desk
by Fintech News Desk0
CM.com among investors in latest round to spur international expansion and hiring Phos, the fintech behind the leading software-only Point of Sale system (SoftPoS), has secured €2 million in funding as it plots a course to a Series A round later in the year. Led by global leader in cloud......
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

Fintech News Desk
by Fintech News Desk0
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
by Sudipto Ghosh0
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

Fintech News Desk
by Fintech News Desk0
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
by Paroma Sen0
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

Fintech News Desk
by Fintech News Desk0
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

Fintech News Desk
by Fintech News Desk0
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

Fintech News Desk
by Fintech News Desk0
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......
1