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

FinCEN’s Look at Banks’ Customer ID Efforts Points the Way to Increased Digitization
FinCEN’s Look at Banks’ Customer ID Efforts Points the Way to Increased Digitization
April 04, 2024  |  Banking

The fraudsters are wilier than ever. The dark web offers all manner of details up for sale, from email addresses to Social Security numbers. And...

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US: Microsoft Deprioritized Enterprise Cybersecurity, Culture Needs an Overhaul
US: Microsoft Deprioritized Enterprise Cybersecurity, Culture Needs an Overhaul
April 04, 2024  |  Cybersecurity

Digital transformation is no longer just a business strategy — it’s an operating model that nearly the entire global business world is running on. And...

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Millennials Need for Speed Spikes Instant Payouts
Millennials Need for Speed Spikes Instant Payouts
April 04, 2024  |  Disbursements

The popularity of instant payouts has grown in recent years. In 2017, only about 4% of disbursements were paid instantly; as of January, 32% of...

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PortX and eXate Team to Bolster Banks’ Data Security
PortX and eXate Team to Bolster Banks’ Data Security
April 03, 2024  |  Partnerships

Integration technology provider PortX launched a partnership with data privacy firm eXate. The collaboration is designed to strengthen financial data security and regulatory compliance across the banking sector, with an...

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NCR Voyix Says Open Banking Will Gain Wide Embrace in the US
NCR Voyix Says Open Banking Will Gain Wide Embrace in the US
April 03, 2024  |  Banking

Shadi Saifan, vice president of engineering at NCR Voyix, told PYMNTS in an interview that bridging the gap between the promise of open banking and making...

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Fastly Rolls Out Tool to Help Battle Bot Attacks
Fastly Rolls Out Tool to Help Battle Bot Attacks
April 02, 2024  |  Fraud Prevention

Edge cloud platform Fastly has launched a tool to help companies combat bot attacks. Fastly Bot Management is designed to help clients prevent fraud, distributed denial of...

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Lockchain.ai Debuts Blockchain Risk Management Solution
Lockchain.ai Debuts Blockchain Risk Management Solution
April 02, 2024  |  Blockchain

Lockchain.ai has debuted what it calls the first AI-powered blockchain risk management platform. The company, founded by a trio of cybersecurity CEOs, announced its launch Monday (April 1),...

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US and Great Britain Forge AI Safety Pact
US and Great Britain Forge AI Safety Pact
April 02, 2024  |  artificial intelligence

The U.S. and U.K. have pledged to work together on safe AI development. The agreement, inked on Monday (April 1) by U.S. Commerce Secretary Gina Raimondo and U.K....

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AT&T Breach Demands Vigilance as Fraudsters Leverage ID Data, Says Intellicheck’s Lewis
AT&T Breach Demands Vigilance as Fraudsters Leverage ID Data, Says Intellicheck’s Lewis
April 02, 2024  |  Security & Fraud

The fallout from the massive data breach at AT&T — where information tied to 73 million current and former account holders was leaked — has...

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