Bank Innovation

JANUARY 25, 2017

Chase and Intuit may have just solved the main issues with account aggregators. The companies signed an agreement this morning, giving customers the option to authorize Chase to electronically share financial data securely with Intuit’s financial management applications, such as Mint, TurboTax Online and QuickBooks Online.

Security 150

Security Data Maine Online 150

PYMNTS

FEBRUARY 17, 2020

In the February Intelligence of Things Tracker , PYMNTS examines how connecting devices can promote efficiency, optimized operations and streamlined organizational structures — but doing so can also create favorable data breach conditions for fraudsters. Cisco Uses IoT Security To Build Smart Cities. About The Tracker .

blockchain 249

blockchain Maine Security Data 249

PYMNTS

AUGUST 28, 2019

It’s hardly news that consumers (along with regulators and politicians) are becoming increasingly focused on privacy and online security. According to one estimate, “about 50 million internet-connected cars operate on U.S. And, as PYMNTS has documented , one of the main questions there is who is really responsible for IoT security.

Security 119

Security System Operations Report 119

PYMNTS

JANUARY 23, 2020

The European Union’s long-anticipated 5th Anti-Money Laundering Directive (5AMLD), which modernizes security rules to reflect the needs and threats facing today’s economy, took effect in mid-January, and its impacts are already being felt across the payments space. Fiat-focused digital wallets must also boost their security.

Fraud 157

Fraud Security Regulation cryptocurrency 157

South State Correspondent

JANUARY 17, 2024

Not All Bank Products Are the Same One of the main findings of the study is that the liability side drives most of the cross-sectional variation of bank value. One tactic is to utilize other products to support the main value drivers. The answer is – most likely. While some banks do, many do not. The same goes for transaction accounts.

Study 195

Study Maine Analytics Capital 195

PYMNTS

SEPTEMBER 10, 2019

The September AML/KYC Tracker examines the latest fraud challenges and efforts to ensure tight security and compliance. . How Mobile Financial Startups Can Bridge the Security Gap. However, the business costs of not ensuring robust defenses and identity verifications far outweigh these pains. Around the AML/KYC Worl d.

Security 185

Security Fintech Fraud Compliance 185

PYMNTS

OCTOBER 17, 2019

In today’s payments news, China has allowed PayPal to operate in the country with its purchase of a majority stake in GoPay. China has allowed PayPal to operate in the country with its purchase of a majority stake in GoPay. Also, Mastercard has outlined its intentions with blockchain following its high-profile Libra Association exit.

Operations 100

Operations blockchain Payments Apple 100

PYMNTS

SEPTEMBER 21, 2016

Both Uber and its main competitor in India, Ola, hold more than 70 percent of their revenue from only five cities in the whole country: Bengaluru, Hyderabad, Chennai, Delhi-National Capital Region and Kolkata. Government acceptance is also an issue. In New Delhi, a cab must install a digital meter.

Maine 100

Maine Customer Experience Regional National 100

BankInovation

DECEMBER 16, 2022

Paris-based fintech Younited has reached unicorn status after breaking through the $1 billion valuation mark following a $63 million raise from its main shareholders including Goldman Sachs, Eurazeo and Bpifrance. The 13-year-old fintech, which operates in five European countries, provides a cloud-based software-as-a-service (SaaS) platform that (..)

Fintech 52

Fintech Security Maine Software 52

PYMNTS

JANUARY 20, 2020

Now four months in, he told Webster that the idea of a secure and trusted payments ecosystem is part of Visa’s “corporate DNA.” Regardless of the product or initiative, every conversation starts and ends with a single overriding question: “Is it secure?”. Going on the Offense. As Fabara told Webster, it’s a “when,” not an “if.”. “If

Security 168

Security Fraud Risk Management Payments 168

PYMNTS

MAY 8, 2020

And the challenges — particularly the security challenges — existed both for the digitally native firms that suddenly found their services in-demand and rapidly scaling, as well as the Main Street SMBs that were forced to make the great digital leap forward.

Security 186

Security Fraud Tools Maine 186

ABA Community Banking

DECEMBER 30, 2014

National bank examiners to focus on tech, cyber security controls Risk Management Operational Risk. 1Risk Management'

Operations 53

Operations Maine Cyber Security Risk Management 53

Celent Banking

JANUARY 22, 2015

Peer to Peer (P2P) lending is one of those situations and banks have started to experiment with it, taking P2P lending to main street. For example in Argentina it was the first P2P lender to operate with the approval of the regulator, under a trust structure where Afluenta administers the trust and the money is out of its estate.

Maine 100

Maine Lending Regulation Risk Management 100

PYMNTS

APRIL 14, 2017

It’s no surprise that in-store technology is increasingly a priority among brick-and-mortar retailers as a means to boost operations, meeting consumer demand and competing with the growth of Commerce’s market share (especially Amazon). To get a better sense of the priorities within the larger push toward digitization, U.K.-based

Maine 101

Maine Survey Retail Meeting 101

PYMNTS

FEBRUARY 14, 2019

13) said that alternative lender Fountainhead Commercial Capital can now offer SBA loans through its platform after securing a Small Business Lending Company (SBLC) loan program license from American Business Lending. The recent government shutdown forced the Small Business Administration to stall its lending operations.

Security 100

Security Lending Washington Capital 100

PYMNTS

AUGUST 21, 2020

Plus, Amazon has put some hiring on hold for its Alexa operation. Amazon has put some hiring on hold in its Alexa operation amid the pandemic. Jim Cunha, senior vice president of secure payments and FinTech at the Federal Reserve Bank of Boston, tells Karen Webster why the Fed is working with MIT to explore digital dollars.

cryptocurrency 159

cryptocurrency Maine Boston Analytics 159

PYMNTS

MARCH 17, 2017

That’s why payments innovation isn’t just about delivering a solution, but delivering one that can create efficiency and reduce risk in a secure manner. ML: As executive vice president and CIO, I am responsible for the technology and security solutions we provide and how they are positioned in the marketplace.

Innovation 108

Innovation Security Payments Mobile 108

PYMNTS

JULY 30, 2019

He will also be the main contact person for the regulatory agencies tasked with oversight of Visa in the more than 200 countries in which it operates. Fabara will also be a big part of Visa ’s payment security initiatives moving forward, and will work on strategies to ensure the security of the future of payments for the company.

Strategy 174

Strategy Operations System Security 174

PYMNTS

NOVEMBER 2, 2020

APS Payments , which works in omnichannel B2B payments, is integrating tech with enterprise resource planning (ERP) product Sage X3 to allow for quick and secure payments, according to a press release. And with APSPays Vault, companies can store information securely and access reporting tools for reconciliation.

Payments 186

Payments Tools Maine Resources 186

PYMNTS

JUNE 30, 2017

While few computer users opt for a Linux operating system, almost every consumer has an Internet of Things (IoT)-enabled device (or 10) that runs on it, from webcams and DVRs in the home to point-of-sale terminals and ATMs in businesses. “If That’s why hackers are targeting Linux systems, and consumers don’t even know they’re using them.

Security 137

Security Report Software System 137

PYMNTS

AUGUST 10, 2020

Meanwhile, several cryptocurrency exchanges are in hot water over reported failures to make sure their user funds are totally secure, according to a report from exchange security firm Taurus Group , CoinDesk reported. Crypto exchanges usually operate through multiple security keys so that no one entity has total control.

Bitcoin 190

Bitcoin cryptocurrency blockchain Security 190

PYMNTS

AUGUST 18, 2016

The financial messaging service known as SWIFT — which operates as a bank-owned consortium and helps payments in the billions of dollars move globally — has been beset by security flaws, has known about those flaws and has done little to address those flaws. So reported Reuters on Wednesday (Aug.

Security 100

Security Software New York System 100

PYMNTS

FEBRUARY 25, 2020

These three main segments of the Fleet Solution are said to provide better control over operations and increased protection against fraud. Comprehensive management systems with advanced telematics are all the more important for optimizing fleet operation expenses for growing businesses. percent by 2025.

Cards 159

Cards Fraud Operations Management 159

PYMNTS

FEBRUARY 27, 2018

These solutions could shift the way national security agencies in several countries operate, or force employers to change how they authenticate and identify their employees. Several nations around the world are reconsidering their approach to security and national identity systems. Social Security number as an identifier.

Security 110

Security Report National Millennials 110

PYMNTS

APRIL 2, 2020

Security is an ongoing concern as well, with countless fraudsters set on hacking CUs to obtain customers’ data. One of the things that we often say is that we always have to be mindful of protection and security,” Anderson said. CUs need to ensure that their operations are secured if they want to maintain member loyalty.

United States 174

United States Security Innovation Mobile 174

PYMNTS

MARCH 9, 2020

The CEO of the Securities Industry and Financial Markets Association (SIFMA), Kenneth Bentsen Jr., The regulators involved include the Securities and Exchange Commission (SEC), the Commodity Futures Trading Commission (CFTC) and the Financial Industry Regulatory Authority (FINRA). New York Gov.

New York 154

New York Regulation Meeting Industry 154

PYMNTS

SEPTEMBER 23, 2020

He explained that the cloud can help FIs swiftly respond to compliance and security challenges during the pandemic. With regulations governing open banking, [like] PSD2, and storage of data, [like] GDPR, we now have an even stronger case to securely open our systems to external partners,” Schmidt said. Security Takes Center Stage.

Compliance 225

Compliance Regulation Guidelines Security 225

PYMNTS

NOVEMBER 3, 2020

Critics have charged that the company’s main purpose is to sue big companies for infringing on patents that it owns. national security.”. "On 1), the tech giant referred to the possible effects of legal proceedings and global regulations and how those could impact its operations and financial conditions.

Apple 226

Apple Nevada Texas Maine 226

FICO

JULY 13, 2020

Two months ago, I posted about why it is important for collections operations to adopt a forward-looking approach to debt management – basically the importance of having a clear and compelling vision. New guidelines from the FCA that call for operational resilience in collections reinforce this point. The Expectation for Resilience.

Meeting 52

Meeting Operations Customer Experience Technology 52

PYMNTS

AUGUST 14, 2017

Researchers at FireEye, the security firm, said in a research report covered by Reuters that the Kremlin hackers were aiming to steal the password credentials for business travelers and Western government officials using Wi-Fi networks in hotels mainly in eight countries in Europe.

Report 167

Report Maine Security Analysis 167

PYMNTS

JANUARY 13, 2021

The main story the data is now telling, Phalen said, is that the digital transformation we’ve seen over the last several months isn’t a flash in the pan or a phase. It found top-performing merchants distinguish themselves by offering many digital features while also prioritizing customers’ convenience and security. The Road Ahead .

Tools 215

Tools Data Meeting Maine 215

PYMNTS

JULY 30, 2020

Report: India’s National Payments Corp Vulnerable To Security Breaches. of India (NPCI) discovered over three dozen security risks in 2019. The audit determined that personal information held by the main digital payments system in the country operated by the RuPay card network was vulnerable. National Payments Corp.

Report 133

Report Payments National Maine 133

PYMNTS

DECEMBER 30, 2020

The Singapore-based company will use the investment to expand its operations across Asia as it focused on SMBs with technology to boost transparency and control over employee expenses. Italy's Deliveristo secured a $5.51 In addition to global expansion, the company said it plans to invest in its own infrastructure, reports said.

Capital 211

Capital Management Operations Security 211

South State Correspondent

JANUARY 30, 2024

The good news is that for many other areas, budgets are lower at banks compared to last year, and the fact that IT is still positive underscores the strategic imperative that banks face to digitize traditional operations, reduce costs, gain scale, and improve the customer experience. Usually, a bank spends about 8% of its revenue on IT.

Capital 195

Capital Operations Customer Experience Comparison 195

Bobsguide

JUNE 3, 2022

WWS solves major industry challenges such as improving self-service security or enhancing the retail banking customer experience of digital self-service banking. Specifically, the need to synchronise the three main parts of the current infrastructure (ATM Application, Terminal Handler and the Protocol that is the “contract” between the two).

Innovation 147

Innovation ATM Software Policies 147

PYMNTS

AUGUST 23, 2019

The loyalty program, Priceless Specials, was operated by a third-party service provider and was shut down after the company first became aware of the breach. The main cause for the shift, according to EHI, was a 4 percent increase in sales from Germany’s debit card system, which reached 30.1

Data 154

Data Cards Maine Survey 154

PYMNTS

MAY 24, 2019

It has also raised concerns among privacy advocates and security experts, with many warning against the dangers of weak security protocols and constant vigilance. Currently, Express Logic operating systems are installed in 6.2 As the use of IoT devices grows, security concerns are continuing to plague the industry.

California 188

California San Francisco Charlotte Security 188