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Fostering FinTech-FI Trust With Data-Driven Security

PYMNTS

Financial Institutions (FIs) that adopt open banking allow third parties like FinTechs to integrate with their application programming interfaces (APIs) to provide personalized financial management and payment apps that draw on bank customers’ data. The federal entity is charged with monitoring the U.S.

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Geolocation Puts A Pin In Anti-Fraud Solutions

PYMNTS

With it, financial institutions need to strengthen their compliance to mitigate the risk of running afoul of the law. Certainly, the use and availability of cryptocurrencies is another emerging area that is contending with its own unique set of compliance issues, but it is also one Wingert said appears to be closing gaps in regulation.

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ProfitStars Targets Online Bill Pay Fraud For Banks

PYMNTS

ProfitStars , the Jack Henry & Associates division that provides risk management solutions for financial institutions, announced its latest fraud tool on Wednesday (Sept. “Our iPay ESM solution delivers sophisticated fraud analytics, eases compliance and provides powerful reporting capabilities to financial institutions.

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Oracle Launches New Cybersecurity Apps To Help Small Banks

PYMNTS

The Oracle Financial Crime and Compliance Management Cloud Service delivers extensive cybersecurity capabilities to financial institutions (FIs) of all sizes. With over 20 years of experience fighting cybercrime, the Oracle Cloud Infrastructure (OCI) claims to be highly secure and scalable.

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Today In Payments Around The World: Visa Debuts Europe FinTech Partnership Program; Payments Canada Teams With Mastercard’s Vocalink 

PYMNTS

Visa is launching a new program designed to connect European FIs and retailers with state-of-the-art digital payment services. Mastercard’s Vocalink’s offering supports the requirements of Payments Canada, such as the Bank of Canada’s risk management criteria and ISO 20022. Visa Unveils FinTech Partnership Program In Europe.

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Why Smartphones Are The Biggest Payments Innovator

PYMNTS

In this edition of the PYMNTS’ Commander in Chief Series , Western Union President Odilon Almeida shares a day in the life as leader of one of the largest global person-to-person money transfer networks, what smartphones have done for the payments space and why security and compliance are always key in a game where the rules are changing every day.

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New World Payments Report Released By Capgemini, BNP Paribas

PYMNTS

The driving force behind the growth in non-cash payments, according to Capgemini, is due in part to strong economic growth in key developing countries, as well as increased security measures and government initiatives to engender electronic payments in certain markets. The mini-bonds are for private company shares.