PYMNTS-MonitorEdge-May-2024

Security

Computer security, also known as cybersecurity or IT security, refers to the security of computing devices such as computers and smartphones, as well as computer networks such as private and public networks, and the Internet.

Source: en.wikipedia.org

5 Things to Watch as Open Banking Gains Ground in the US
5 Things to Watch as Open Banking Gains Ground in the US
June 06, 2024  |  Regulation

Open banking’s success in the United States — as with any ecosystem — will hinge on several factors, none guaranteed. But, with lessons learned from...

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TikTok Hit by Security Breach That Used Malicious Links
TikTok Hit by Security Breach That Used Malicious Links
June 04, 2024  |  Cybersecurity

TikTok reportedly dealt with a recent security breach when hackers targeted well-known brands and celebrities on the platform. The hackers sent malicious links through private...

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Informed.IQ and Fuse Team on AI-Powered Fraud Prevention
Informed.IQ and Fuse Team on AI-Powered Fraud Prevention
June 04, 2024  |  Partnerships

Artificial intelligence verification software firm Informed.IQ teamed with loan origination system (LOS) Fuse. Via the partnership, the companies launched a solution that offers streamlined verifications...

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Dissecting the Criminal Mind: Why They Target Company Data
Dissecting the Criminal Mind: Why They Target Company Data
May 31, 2024  |  Cybersecurity

Data is the oil of the 21st century, as you’ve likely heard. That’s because digital information acts as both a lubricant and an ignition agent...

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Mangopay Debuts AI-Powered Fraud Prevention Solution
Mangopay Debuts AI-Powered Fraud Prevention Solution
May 30, 2024  |  Security & Fraud

Payment infrastructure provider Mangopay introduced an artificial intelligence-powered anti-fraud tool. The French company’s Fraud Prevention solution is designed to protect against threats such as account...

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Mastercard Opens Center to Combat Cybercrime in Europe
Mastercard Opens Center to Combat Cybercrime in Europe
May 30, 2024  |  Fraud Prevention

Mastercard has unveiled a center in Europe aimed at tackling cyber crime in the region. The Europe Cyber Resilience Center (ECRC), announced Thursday (May 30),...

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Security Experts Wary of OpenAI’s Safety Play
Security Experts Wary of OpenAI’s Safety Play
May 30, 2024  |  Artificial Intelligence

OpenAI is making a move with its next-generation artificial intelligence model, but the company’s newly formed safety committee has some experts raising eyebrows. The tech...

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Browser ID and ‘Silent Authentication’ Underpin Online Banking Security
Browser ID and ‘Silent Authentication’ Underpin Online Banking Security
May 30, 2024  |  Authentication

With so much focus placed on mobile banking and digital wallets, online transactions are often lost in the mix. While mobile devices have become ubiquitous,...

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Treasury Prime and Footprint Team on ID Verification
Treasury Prime and Footprint Team on ID Verification
May 28, 2024  |  Identity

Embedded banking software firm Treasury Prime has teamed with fraud, identity and security platform Footprint. The partnership, announced Tuesday (May 28), gives banks and their...

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