PYMNTS

JANUARY 20, 2020

South African regulators also approved Goldman Sachs for a bank operation license as the firm strives for growth in the most liquid and sophisticated economy on the continent. The filings also indicated that interest income would be spread across operating segments. Last month, it named Jonathan Penkin as head of the local business.

Operations 150

Operations Capital Groups Apple 150

PYMNTS

JANUARY 8, 2021

To do that, and to clear the next hurdle, Whisler said many financial institutions (FIs) still need to “modernize internally to be a 24/7 operation shop.”. And lastly, it will be critical to continue to innovate in a way that is still safe and secure. We will definitely see that continuing to evolve,” Whisler said.

Operations 349

Operations Payments Industry Management 349

PYMNTS

JUNE 17, 2020

As the chief operating officer and co-founder of Copenhagen-based Astralis Group , Jakob Lund Kristensen walks both sides of the eSports line. Astralis is a group of eSports teams that is pioneering the approach to the eSports industry by treating its gamers like athletes.

Groups 204

Groups Mobile Video US 204

CFPB Monitor

SEPTEMBER 6, 2022

I am pleased to share with our blog readers that Kristen Larson, an attorney with almost two decades of in-house experience advising midsized and large national banks on financial services matters, has joined Ballard Spahr’s Consumer Financial Services Group. She is resident in the firm’s Minneapolis office.

Groups 78

Groups Minneapolis National Lending 78

PYMNTS

JULY 31, 2020

This week’s look at the latest funding for B2B FinTech and other startups showcases an investor appetite for security, data and business intelligence, with nearly $63.5 Whistic said it would use the investment to grow its staff and scale operations. In a venture capital slowdown, any investment round is a win. million fundraise.

Security 166

Security Data Capital Utah 166

PYMNTS

FEBRUARY 14, 2020

CIT Group Inc. As digitally-enabled sales continue to grow, businesses and their customers expect the same technology experience and service that they are accustomed to in other aspects of their life,” said Denise Menelly, CIT’s executive vice president and head of Technology and Operations. “As

Lending 151

Lending Groups Online Technology 151

The Paypers

NOVEMBER 27, 2023

PayTabs Group has announced the launch of PayTabs Issuance, a secure prepaid card issuing solution aimed at scaling business operations, regionally.

Groups 36

Groups Regional Security Cards 36

PYMNTS

OCTOBER 29, 2019

Facebook is filing a lawsuit against NSO Group , an Israeli cybersecurity company, alleging that it hacked WhatsApp users, according to CNBC. It alleged the group used malware on about 1,400 cellphones, targeting human rights activists, journalists, diplomats, government officials and others in a widespread malicious scheme.

Groups 101

Groups Video System Mobile 101

PYMNTS

OCTOBER 22, 2020

In today’s top payments news around the world, Swedish peer-to-peer (P2P) lending upstart Lendify has reportedly secured $115 million of funding, while international trade platform Contour has teamed with information technology (IT) solutions firm Mphasis. Ant Group Moves Ahead With $35B IPO After China's OK.

Security 134

Security Groups Payments Regulation 134

Perficient

JUNE 5, 2020

Secure software practices are at the heart of all system development; doubly so for highly regulated industries such as health-care providers. As a best-practice it is recommended to adopt automation of certain security audits, integration of compliance oversight into key development process areas (e.g. SonarQube Security Scan Result.

Compliance 332

Compliance Security Software System 332

PYMNTS

JUNE 18, 2020

The London-based trade group for Europe’s ePayments community is waiting for the European Banking Authority , the European Union (EU) banking regulator, to provide the 27-nation bloc with an update on Strong Customer Authentication (SCA). Other, better security solutions should be considered collaboratively.

Groups 131

Groups Regulation Fraud Security 131

PYMNTS

MARCH 1, 2019

Cybersecurity returned to the top of the B2B startup investment list as three companies in the enterprise security realm landed nearly half of the $246 million in B2B venture capital this week. Cequence Security. Also operating in the enterprise security space is Cequence Security, based in California.

Security 189

Security Capital Analytics Software 189

PYMNTS

DECEMBER 21, 2018

Microsoft issued an emergency security update for Internet Explorer after hackers were able to exploit a new flaw in several versions of the browser. Unfortunately, the security issue come right before what is expected to be the biggest shopping day of the year: the Saturday before Christmas.

Security 179

Security Analysis Google Data 179

PYMNTS

MAY 8, 2020

But the biggest round of the week went to a challenger bank, which also secured unicorn status with its latest funding. Hub Security. Cybersecurity startup Hub Security, which targets FinTech, cloud storage and blockchain companies, has raised $5 million in Series A funding from AXA Ventures. Loadshare Networks.

Security 160

Security Fintech Capital Software 160

PYMNTS

DECEMBER 14, 2020

has entered into a definitive deal to sell Cost Plus World Market to Kingswood Capital Management, while Authentic Brands is reportedly in discussions with Arcadia Group and Debenhams. It is expected that the business will keep operating as a stand-alone brand. Riley Securities Inc.

Branding 131

Branding Groups Retail New York 131

Bank Innovation

MAY 22, 2017

Bank wants to revamp its Innovation group with a new artificial intelligence leader. Bank Innovation group,” including overseeing strategic product development, product innovation, and strategy efforts within the AI space, […]. The job posting is vigorous, to say the least.

Innovation 199

Innovation Operations Groups Strategy 199

PYMNTS

MAY 29, 2018

is looking to buy NSO Group, an Israeli company that sells military-grade technology, for around $1 billion. NSO makes cybersurveillance products, including Pegasus spyware, and sells them primarily to government security agencies. software company Verint Systems, Inc. Francisco Partners acquired NSO for $110 million in 2014.

Groups 164

Groups System San Francisco Software 164

PYMNTS

OCTOBER 2, 2019

He is accused of setting up and operating Darkode, a black marketplace that operated between 2008 and 2013, as well as creating and deploying Mariposa, one of the largest botnets. And Samsung-backed Blocko is now in the UAE after it secured funding in Asia Pacific and Europe.

blockchain 145

blockchain Security Bitcoin United States 145

Gonzobanker

MARCH 6, 2020

Addressing common loan and deposit operations process inefficiencies can help financial institutions deliver optimized value to customers and stockholders. In recent years, many financial institutions have been focused on improving their digital delivery capabilities, often at the expense of their operational groups.

Operations 83

Operations System Groups Technology 83

PYMNTS

MARCH 16, 2018

Through the collaborative efforts of those with backgrounds in payments and security, the Federal Reserve’s Secure Payments Task Force has published “Payment Lifecycles and Security Profiles.” They also cover security methods — and identity management controls — along with relevant laws and regulations, among other topics.

Security 100

Security Payments Boston Fraud 100

PYMNTS

NOVEMBER 17, 2019

Sterling Bancorp announced that it has launched its new Innovation Finance Group , and has tapped veteran technology bankers John Hoesley and Josh Roberts to lead it. Before joining Sterling, Hoesley was at CIBC Bank USA with Josh Roberts, where the two established the Innovation Banking group in 2014.

Groups 116

Groups Innovation Capital Leadership 116

PYMNTS

JANUARY 20, 2020

Fabara officially joined Visa in September of 2019, coming from Amex, where he was president of its global services group. Now four months in, he told Webster that the idea of a secure and trusted payments ecosystem is part of Visa’s “corporate DNA.” Going on the Offense. More and more, we are going after bad actors with a vengeance.

Security 168

Security Fraud Risk Management Payments 168

Perficient

OCTOBER 30, 2024

FinCEN also regularly engages financial institutions on the topic through the BSA Advisory Group Subcommittee on Innovation and Technology, and BSAAG Subcommittee on Information Security and Confidentiality.

Regulation 221

Regulation FDIC Compliance Innovation 221

PYMNTS

NOVEMBER 4, 2019

The International Organization of Securities Commissions (IOSCO) said existing securities rules could be applied to Libra, Facebook’s proposed cryptocurrency, according to a report by Reuters. That would mean that regulation already in place for securities, like reporting, disclosures and registration, could be applied to Libra. .

Security 100

Security cryptocurrency Regulation Analysis 100

PYMNTS

DECEMBER 11, 2017

Federal Reserve System has appointed its Payments Security Strategy leader, the agency announced Friday (Dec. Kenneth Montgomery, first vice president and chief operating officer of the Federal Reserve Bank of Boston, is taking up the position.

Security 112

Security Kansas City Payments Boston 112

PYMNTS

AUGUST 16, 2019

A new Bluetooth security flaw was discovered that could leave users’ data unprotected and open to hackers, The Verge reported on Friday (Aug. The weakness was discovered by researchers who presented their findings at the USENIX Security Symposium.

Security 121

Security San Diego Data Illinois 121

PYMNTS

JUNE 10, 2020

Members of this age group are moving into the workforce in growing numbers, making them a progressively influential demographic for FIs. This has increased the need for FIs to develop convenient mobile onboarding experiences, but those that lack confidence in their ability to secure such channels appear to be reluctant to offer them.

Mobile 130

Mobile Security Examples Study 130

PYMNTS

JUNE 17, 2019

This presents problems for developers, who need to make sure that their products run both smoothly and securely. Developers keen on addressing these concerns must carefully consider how to design and connect their devices to provide reliable, secure performance. The reality is the physical frequency that it operates on.

Security 142

Security Michigan Operations User Experience 142

PYMNTS

OCTOBER 23, 2019

B2B FinTech BitPesa , which operates a platform offering foreign exchange and cross-border payment services, is restructuring and has announced new funding to support its expansion efforts. 22) that it is now part of parent company AZA Group, which now encompasses the BitPesa, BFX and TransferZero brands.

Security 100

Security Groups Fintech Operations 100

PYMNTS

AUGUST 10, 2018

Business software company Intuit has secured a patent for bitcoin payment processing, according to Coindesk reports on Thursday (Aug. Intuit, which operates the business accounting software tool QuickBooks, has also been focusing on its payments service since launching Intuit Payments several years ago.

Bitcoin 104

Bitcoin Security Payments cryptocurrency 104

PYMNTS

FEBRUARY 20, 2020

The law seeks to make sure that each group receives the benefits that best apply to their designations. One of the major factors weighed by owners when making that choice is how they will receive payments from guests, which is why it is critical for intermediary platforms to make sure home owners can receive payouts both easily and securely.

Security 161

Security Regulation New Jersey Payments 161

Perficient

NOVEMBER 8, 2024

The CAIO and AI Program team are responsible for ensuring that these controls are designed and operating effectively to provide sufficient assurance that the Board can mitigate risks from non-compliant AI uses. Considerations for resourcing, security controls, testing, and validation plans are also reviewed. Impact assessment.

Regulation 221

Regulation Risk Management Policies Compliance 221

PYMNTS

MARCH 27, 2020

J.Crew Group will not reportedly have the IPO of its Madewell brand following creditor negotiations that fell apart. Goldman Sachs Group and Morgan Stanley economists are cautioning that COVID-19 will have greater negative economic impacts than predicted at first. Top News . J.Crew Shelves Madewell IPO After Deal Crumbles.

Data 140

Data Security Groups Retail 140

PYMNTS

AUGUST 21, 2020

Mobile banking is under constant attack from fraudsters, however, who are targeting both customers’ funds and personal data, such as account numbers, Social Security numbers, payment card data and login credentials. The Security Threats Facing ITMs And How FIs Can Protect Them. billion by 2024.

Analytics 266

Analytics Fraud ATM Report 266

Bobsguide

FEBRUARY 22, 2022

Tata Consultancy Services (BSE: 532540, NSE: TCS), the leading IT services, consulting and business solutions organization, announced that its customer, AXIS Securities Limited, India, has launched voice-based trading as part of TCS BaNCS Digital, and is among the early adopters of this technology to offer such a capability to its customers.

Security 78

Security Mobile User Experience Branding 78

Insights on Business

FEBRUARY 1, 2019

To those working in the financial services industry, security is at the core of their business. The rise of artificial intelligence and machine learning might help protect business assets, but it is also making it easier for the bad guys to find holes in the security. Security is a big theme at IBM Think this year. Feeling safe.

Security 114

Security social media Video Policies 114

Payments Source

JANUARY 7, 2020

Merchants say they deserve more input and actual decision-making power and that payments should operate through completely open standards in which all involved parties have had a say. Conflict continues to mount between the card brands and merchants.

Groups 65

Groups Security Branding Cards 65