4 TYPES OF COMPLEX ATO YOU NEED TO KNOW ABOUT
– Introduction
– Deep fakes
– SIM swap scams
– SMS OTP fraud
– Session hijacking via RATs
– Originality is key
– Introduction
– Deep fakes
– SIM swap scams
– SMS OTP fraud
– Session hijacking via RATs
– Originality is key
– Introduction
– Reducing false positives and negatives
– Know Your User
– Automating fraud response
– Conclusion
Leading brands in the world of open banking today announced an important new open banking challenge: The VRP Hackathon. It is organised by Open Future World, Ozone and UK Finance and sponsored by Accenture, Mastarcard, VOLT and Worldpay.
A summary of the findings of Yobota’s recent survey into how banking and financial services firms responded to covid-19 in terms of digital transformation and technology uptake.
Leading dispute technology specialist, Chargebacks911, today announces the exciting appointment of technology management leader, Brad Dillahunty, as Executive Vice President and Chief Product Officer (CPO) at Chargebacks911 and sister brand Fi911.
Cash payments have been in decline in the UK over the past decade, with contactless payment becoming the popular choice. But with the limit on contactless transactions set to double to £100 by the end of the year, what chance does cash stand? In this new article from Ingenico’s Contactless 2021 series, Blair Stalker examines the impact of the change and the #SCA mitigations against an increase in fraud.
TrueLayer, Europe’s leading open banking platform, today announced that Mariko Beising has joined the firm as its new Head of Payment Partnerships, bringing a decade of experience, most recently at Klarna where she led partnerships with Payments Services Providers (PSPs).
What are the top priorities, challenges, opportunities and risks for compliance and risk executives in 2022? VIXIO PaymentsCompliance is running its annual Trends and Priorities Survey to gain insight on just that.
Episode Six is transforming the buy now, pay later (BNPL) landscape, by putting control in the hands of card issuers versus the acquirer or other third parties. For the first time, issuers can implement changes at the account level in real-time. To understand why this is important, we take a look at the interest in BNPL and how it works.
As we have noted in the past, federal regulation of the digital asset/cryptocurrency/DeFi community is evolving and there are many perspectives on what direction it should take. For instance, earlier this week, the House Democratic leadership and a group of moderate House Democrats agreed to a compromise that would prevent the House of Representatives from amending the Senate-passed “Infrastructure Investment and Jobs Act” (H.R. 3684), thereby preserving the bill’s provisions expanding the definition of “broker” under the Internal Revenue Code to apply to various digital asset market participants.
The Federal Deposit Insurance Corporation (FDIC) has issued a “Request for Information and Comment on Digital Assets” (RFI) to learn more about the “novel and unique considerations related to digital assets….[g]iven that banks are increasingly exploring the emerging digital asset ecosystem.” A key theme of the RFI is the development of a framework to promote “responsible innovation.”
The continuing global e-commerce boom highlights old issues of Local Payment Methods (LPMs) some regions, like the Baltics, still face. Offering a region-tailored solution, Nikulipe has launched a new LPM to tackle the problem.
Allstar Business Solutions calls on fleet operators, managers, and charge point operators to collaborate, ensuring it continues to meet the needs of customers as it nears 5,000 EV charger milestone
Apply today for the Global Open Finance Challenge – a first-of-its-kind virtual event taking place this October and November, which could give you the chance to present your ground-breaking ideas to bank CEOs and industry legends.
One of the most discussed subjects in the industry today is how digital has transformed banking and financial services. And of course this has been even further amplified by the Coronavirus pandemic.
The UK authorized payment institution Monneo joins the ‘Accept my IBAN’ coalition of European companies to tackle corporate rejection of SPayments Association-enabled IBANs for payments and direct debits.
EML and Vault are helping businesses, suppliers and event organisers get employees, customers and attendees back faster in Australia by incentivising Coronavirus vaccinations.
Moorwand, a payments solution provider, today revealed that issuing tops the list of services that fintechs outsource, with mobile wallets and customer communications coming second and third respectively. Read the full announcement to see the top ten services fintechs outsource, as found in the latest research from Moorwand.
In the first six months of this year alone, UK fintech investment figures have soared past the total investment secured in the whole of 2020 to $24.5bn, and of that total Global Processing Services has driven 49% of it ($11.96bn) through its customers and partners.
Curve customers will be able to use cashback offers from top lifestyle and travel brands
Discover Global Network, an international payment network, certified the Netcetera ACS for Diners Discover Network card transactions. Certified with all major card networks, the access control server improves user experience and promotes secure and frictionless transaction authentication worldwide.
Entersekt adds BankID to its secure platform to support digital identity priorities
European HQ established in Dublin due to its position as a global centre for financial services innovation, thriving technology scene and access to skilled talent. HQ led by former WhatsApp and Facebook Executive, Joe Morley, TrueLayer’s Vice President and General Manager for Europe and new Chief Operating Officer for Europe, Leigh-Anne Cotter.
Thames Technology is excited to launch its new PayCard+ offering, which combines a traditional payment card with a piece of stylish wearable payment technology such as a ring, wristband or key fob.
The proposed anti-money laundering (AML) authority (AMLA) will be a gamechanger for the supervision of AML efforts in the European Union, experts in the field have told VIXIO.
Modulr has recently conducted the research Laggards vs Leaders: Fast-tracking financial technology innovation from 280+ interviews and surveys of CEOs and leaders at financial institutions has brought to light how financial service innovators are responding to the post-pandemic world and how they give great customer experiences.
This upcoming digital event taking place on 16 September at 10 AM BST is on the same theme bringing together financial services leaders from EverUp, Crypterium and Paysafe to explore how to fast-track financial technology innovation.
During the 45-minute live webinar, we will share with you:
-The 3 key challenges faced by today’s FinTechs and non-banks
-The tips and recommendations on how to overcome those challenges
-The 5-point plan to fast-track payments innovation to give great customer experiences
As an attendee, you can expect an exclusive access to valuable recommendations and a chance to ask the speakers any questions you might have.
Secure your place for the webinar here: https://landing.modulrfinance.com/fast-tracking-financial-technology-innovation-webinar
Focused on creating an open and transparent payments platform, Sokin offers a new generation fixed fee payment service for unlimited international transfers and cost-effective currency exchange in 38 currencies to over 200 countries and territories for one fixed monthly cost – just like Spotify and Netflix.
EML releases its Annual Report.
Cybertonica are areintensifying their partnership with @W2GlobalData, global experts of regulatory compliance technology to bolster combined regtech and fraud offerings to multiply the value & benefits to all their shared & new clients!
The fast, frictionless payment transactions experienced by consumers are influencing B2B customer expectations and driving payments digitisation. Find out about the main drivers and the unexpected benefits for businesses in this new whitepaper by Accuity, a LexisNexis® Risk Solutions Company.
Chargebacks911, the first global dispute remediation specialist, is celebrating its 10-year anniversary.
Over the course of its years in action, it has protected over 10 billion transactions, recovered more than $1 billion in falsely disputed or stolen revenue and now supports more than 45,000 merchants across 87 countries.
Ordo and Certua are integrating Ordo’s open banking payments capability with Certua’s embedded finance platform to better serve the needs of businesses and their end customers with novel financial services.
Localise, globalise and optimise your business with our unique range of payment and banking solutions. Reduce online fraud, increase conversions and drive business growth across the world.
On 22 June 2021, HM Treasury (HMT) confirmed that it will take forward legislation to introduce a gateway for the approval of financial promotions of unauthorised persons. Once the gateway is in place, only firms which have successfully applied to the FCA to approve financial promotions will be permitted to approve the financial promotions of unauthorised persons.
Compliance with regulatory requirements regarding the approval of financial promotions has been a recent supervisory concern for the FCA, especially in circumstances where the products being marketed are complex and targeted at the retail market, and the FCA has issued a number of letters and publications setting out concerns and guidance for authorised firms approving financial promotions
To make it easier for members of the The Payments Association to navigate the evolving landscape of payments regulation, the Payments Association and Eversheds Sutherland are providing you with a resource that will keep you on track. The Payments Regulatory Roadmap is designed to give an overview of the areas of payments regulation that our members should be anticipating in the next two years and to know the next steps and action required. And to help you prioritise what is of critical importance and what is less impactful.
Register today for your place at fscom’s ‘The Dark Money Conference 2021’, taking place over 3 half days from 15-17 September 2021, with 20% OFF exclusive to Payments Association members using the promo code DMCPayments Association20.
The distribution of this banking trojan is one of its main strengths since the use of text messages impersonating delivery services companies is a really good idea for deceiving the victims and getting them to install the malicious application.
The mandatory geolocation in banking transactions came into force in Mexico as of March 23, 2021
Today is a monumental day for us and we’re delighted to announce that Revelock · A Feedzai Company is getting acquired by Feedzai.
Our CEO Pablo de la Riva Ferrezuelo explains how – by joining forces – the two companies are stepping up the fight against financial crime in this era of cashless commerce..
For e-commerce and contact centre payments, cards have been the only payment option but are costly to businesses and increasingly difficult to use for consumers. Open banking regulation and technologies has created new options for businesses
Monzo Bank has been in financial danger for some time and now, in its latest annual report, has admitted that the UK’s Financial Conduct Authority (FCA) is investigating it for its compliance or otherwise with the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017.
Maslife partners with Paynetics for a new AI-powered payment and wellbeing app
New partnership aims to improve financial wellbeing through a gamified app experience
Mambu, the market-leading SaaS cloud banking platform, has unveiled a fully digital solution for SME lenders that cuts costs and time to market.
Currencycloud is working with partners to research and write a report on the current state of embedded finance and the future trends of what to expect in the coming years. As you are an expert in the industry, we’d love to capture your thoughts. Please complete our survey, it should take no more than 3-5 minutes.
EML and CoinJar have brought crypto into the mainstream with CoinJar Card.
Moorwand, a payments solution provider, today launched a report that reveals fintechs who outsource to specialist partners generate nearly £1m in additional revenue.
The report ‘Specialists vs. generalists: How do fintechs fuel growth?’ explores why and how fintechs outsource to third parties, the importance of outsourcing for fintech growth, and the impact of working with specialists or generalists on fintech businesses.
Existing Curve customers can now receive 1% cashback for 30 days on every successful referral
Payments Association publishes response to FCA CP21/13 A New Consumer Duty, raising extra burden concerns for firms The Payments Association’s response supports focus on consumer protection but fears extra
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