Articles with tag: privacy

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PFMs that still rely on screen scraping should embrace Open Banking APIs

22 Oct 2020 | Online & Mobile Banking

Yolt Technology Services (YTS) has conducted a survey  across the UK and the Netherlands to better understand the perception of different industries towards open banking.

UK, Netherlands, open banking, screen scraping, personal finance, PSD2, SCA, Strong Customer Authentication, finance management, report, standardisation, compliance, security, data privacy, money management, COVID-19, survey, Yolt Technology Services, consent

GSB presents electronic money system based on blockchain, G999

16 Oct 2020 | Cryptocurrencies

GSB Gold Standard Banking Corporation (GSB), a Germany-based software, IT, and blockchain group, has launched a technology called G999 that supports cryptocurrency transactions.

GSB Gold Standard Banking Corporation, GSB, tokens, cryptocurrency, payments, mobile wallets, software, G999, privacy

Fujitsu, JCB, and Mizuho Bank to test digital identity interoperability

15 Oct 2020 | Digital Identity, Security & Online Fraud

Fujitsu, JCB, and Mizuho Bank have teamed up to test how can digital information (ID information) can be safely and securely transacted online, distributed, and linked between different industries.

Fujitsu, JCB, Mizuho Bank, digital identity, self sovereign identity, Japan, data, privacy, security, cloud, ID information

H&M fined EUR 35.2 mln fine over violating EU privacy rules

07 Oct 2020 | Digital Identity, Security & Online Fraud

Privacy regulators in Germany have posed to H&M a fine of EUR 35.2 million for violating EU privacy laws.

H&M, data privacy, law, GDPR, retail, fine, regulation, compliance

Large Estonian banks team up with Salv to trial AML solution

07 Oct 2020 | Digital Identity, Security & Online Fraud

Salv, an anti-money laundering (AML) startup that raised USD 2 million on 2019, has announced plans to launch a pilot program called AML Bridge, in cooperation with four of Estonia’s largest banks.

AML Bridge, Salv, Estonia, financial crime, banks, fraud prevention, Financial Supervisory Authority, Financial Intelligence Unit, data, data privacy

NEC to acquire Avaloq for USD 2.2 bln

05 Oct 2020 | Cryptocurrencies

Japan-based IT company NEC has announced the acquisition of Avaloq, a Switzerland-based large software provider to banks, for USD 2.2 billion, according to Financial Times.

 

NEC, Avaloq, Japan, Switzerland, software provider, acquisition, blockchain, facial recognition, security, privacy

The European Council welcomes a European strategy for data

05 Oct 2020 | Payments General

The European Council has welcomed the European strategy for data, which supports the EUʼs global digital ambitions to build a true European competitive data economy.

data economy, European Council, data security, data protection, privacy, cross-border digital services

1Password, Privacy.com enable users to create secure virtual cards

23 Sep 2020 | Digital Identity, Security & Online Fraud

The password manager 1Password and virtual card platform Privacy.com have announced an API integration that lets users create virtual cards in their browser safely when they need to make a payment. 

1Password, Privacy.com, virtual cards, data privacy, security

Fiserv rolls out AllData Connect for managing external account aggregation

07 Sep 2020 | Online & Mobile Banking

Fiserv, a global provider of financial services technology solutions, has launched a new aggregation solution AllData Connect.

open data, account aggregation, Fiserv, AllData Connect, APIs, consent, data privacy, US

More than 3/4 of Malaysian businesses are using fintech products

31 Aug 2020 | Payments General

More than 75% of Malaysia based businesses are now using at least one fintech-related product or service since 2019, according to a recent survey released by CPA Australia.

CPA Australia, fintech, study, Malaysia, mobile payments, mobile wallets, lending, data privacy, SMEs

APEXX, PayPal partner to allow merchants to access more payment methods

13 Aug 2020 | Online Payments

Global payments platform APEXX Global has partnered with PayPal and the PayPal Commerce Platform (PPCP) to help merchants access more payment methods.

APEXX Global, PayPal, PayPal Commerce Platform, merchants, payment methods, acquirers, gateways, shopping carts, alternative payments methods, API, Facebook, Instagram, Venmo, digital wallet, onboarding process, security, data privacy, fraud protection

AU10TIX earns ISO/IEC 27701 certification

06 Aug 2020 | Digital Identity, Security & Online Fraud

AU10TIX, a global provider of digital customer onboarding and remote verification, has received ISO/IEC 27701 certification.

AU10TIX, digital customer onboarding, remote verification, certification, ISO/IEC 27701, data privacy, identity verification

Privacy.com raises USD 10.2 mln to help businesses create virtual payment cards

16 Jul 2020 | Cards

Virtual card platform Privacy.com has announced raising USD 10.2 million in a Series A funding. 

Virtual card, Privacy.com, funding round, Teamworthy Ventures, Tusk Venture Partners, Index Ventures, Quiet Capital, Exor Seeds, Rainfall Ventures, API, cards

Australia is concerned about data and payment security practices, PCI Pal's survey reveals

08 Jul 2020 | Digital Identity, Security & Online Fraud

New research from PCI Pal, the global provider of secure payment solutions, has identified Australian consumers’ current concerns relating to data and payment security practices. 

PCI Pal, Australia, data, payment security, coronavirus, pandemic, COVID-19, security, data privacy, payments, personal data, fraud

PayPal account details sold on the dark web for USD 200, Privacy Affairs research reveals

06 Jul 2020 | Digital Identity, Security & Online Fraud

Cybersecurity research company Privacy Affairs has discovered that cybercriminals sell account details on the dark web  for about USD 200.

Cybersecurity, Privacy Affairs, PayPal, account details, PayPal accounts, credit card details, cybercriminals, dark web

WhatsApp Payments suspended by the Central Bank of Brazil

24 Jun 2020 | Mobile Payments

The Central Bank of Brazil has suspended Facebook’s WhatsApp messenger payment feature in the country.

Central Bank of Brazil, WhatsApp, Brazil, digital payments, Mastercard, Visa, Facebook, India, Mexico, payments system, data privacy

ForgeRock updates its identity platform

24 Jun 2020 | Digital Identity, Security & Online Fraud

ForgeRock has revealed updates to its identity platform, aimed at creating an identity future where automation empowers organisations to deliver simplified, secure digital experiences. 

ForgeRock, digital identity, artificial intelligence, AI, security, privacy, identity analytics, risk scores, onboarding, passwords, cart abandonment

HSBC joins Privitar's funding round to automate the enforcement of data privacy policies

24 Jun 2020 | Payments General

HSBC has joined Privitar's Series C funding round, extending it to GBP 70 million, to support the development of tools that automate the enforcement of data privacy policies.

HSBC, funding, GDPR, money laundering, data, data privacy, cloud, banking, fintech

UAE consumers go cashless as trust in digital payments surges amid COVID-19

22 Jun 2020 | Online Payments

Dubai Police, Dubai Economy (DED), and Visa have released data regarding shifts in the UAE-based consumers’ payment behaviour amid COVID-19. 

UAE, Dubai Police, Dubai Economy, (DED), Visa, payment behaviour, COVID-19, survey, in-store shopping, online shopping, digital payments, contactless cards, mobile wallets, digital wallets, cash on delivery, contactless payments, data privacy, biometrics, Apple Pay, Samsung Pay, Gen Z, tokenization, cart abandonment, merchants, ecommerce, local currency, SSL

Relay42, Tapad partner for orchestration capabilities

22 Jun 2020 | Digital Identity, Security & Online Fraud

Digital identity resolution company Tapad has partnered with Relay42, a company focused on data marketing technology backed by AI. 

Relay42, partnership, Tapad, orchestration capabilities, digital identity, AI, data, identifiers, privacy, safety, cross device, digital IDs