Information Security Archives | Page 173 of 687

Digital Lending / Digital Payments

MeaWallet and B89 Enhance Latin America’s Digital Payment Security

The strategic partnership between MeaWallet and B89 marks a significant step toward revolutionizing digital payments in Latin America, aiming to offer secure, seamless financial services across the region by combining MeaWallet’s expertise in card tokenization with B89’s innovative fintech approach. This collaboration looks to leverage advanced tokenization technologies, enhancing the security and efficiency of digital transactions, and solidifying the two

October 10, 2024

Cyber Security

Is the Rise of 31 New Ransomware Groups Shaping Cybersecurity Forever?

The rise of ransomware groups has been a prevailing issue for cybersecurity experts worldwide, and recent data reveals a significant shift in the threat landscape. Despite ongoing efforts by law enforcement agencies, the emergence of 31 new ransomware groups within a 12-month span suggests a complex and evolving challenge. This article explores the dynamics, trends, and impacts of this surge

October 10, 2024

Robotic Process Automation In Fintech

Stripe and NVIDIA Partner to Revolutionize AI in FinTech and Fraud Detection

The recent partnership between Stripe, a leader in financial infrastructure, and NVIDIA, a pioneer in AI and accelerated computing, marks a significant milestone in the application of artificial intelligence within the FinTech industry. This collaboration aims to enhance AI deployment while tackling critical issues such as fraud detection for a diverse range of clients. As they expand their partnership, both

October 10, 2024

Cyber Security

Are Cybercriminals Exploiting Trusted File Services for BEC Attacks?

Recently, Microsoft issued a grave warning about the alarming surge in Business Email Compromise (BEC) attacks that exploit legitimate file hosting services such as SharePoint, OneDrive, and Dropbox. Cybercriminals are increasingly using these popular platforms to evade traditional security measures, integrate seamlessly with regular network traffic, and mask their malicious activities—a sophisticated method known as living-off-trusted-sites (LOTS). By leveraging the

October 10, 2024

Cyber Security

Are North Korean Hackers Targeting Tech Pros with Fake Job Interviews?

Recently, in the realm of cybersecurity, North Korean hackers have been executing a sophisticated scheme termed “Contagious Interview.” This operation uses clever social engineering tactics to compromise the devices of tech professionals. The hackers disguise themselves as potential employers, staging fake job interviews to attract job seekers, especially targeting software developers. During these fraudulent interviews, the unsuspecting candidates are coaxed

October 10, 2024

Digital Lending / Digital Payments

How Will Mastercard’s Real-Time Payments Impact South Africa?

Mastercard has launched an innovative initiative aimed at making real-time card payments a reality, starting with South Africa. This groundbreaking development is set to change how transactions are processed, promising faster and more secure payments for businesses and consumers alike. Mastercard’s announcement signifies a huge leap forward in updating financial transactions with the latest technology. This initiative not only increases

October 9, 2024

Robotic Process Automation In Fintech

AI Revolutionizes Finance: Enhancing Banking, Trading, and Governance

The financial services industry is experiencing a seismic shift brought about by the rapid uptake of artificial intelligence, particularly generative AI, which is enhancing banking efficiency, security, and customer satisfaction. This transformation is also extending into AI governance frameworks and AI-powered trading integrations, signaling a groundbreaking evolution in how financial institutions operate. Generative AI in Banking A recent report by

October 9, 2024

DevOps

China Embeds Blockchain in National Strategy to Boost Global Influence

China is aggressively integrating blockchain technology into its national strategy, using it as a tool for economic modernization, state control, and international influence. This strategic move aims to transform various sectors, enhance governance, and cement China’s position as a global leader in technology and economics. The plan’s multifaceted nature reflects the government’s broader objectives, encompassing political, economic, and technological goals

October 9, 2024

DevOps

How Can Blockchain Revolutionize Security and Transparency?

Blockchain technology is emerging as a formidable force in the realm of digital security and transparency. Far beyond its initial application in cryptocurrencies, blockchain is poised to transform various industries by providing secure, immutable, and transparent transaction records. This technology offers a decentralized approach to data management, promising to revolutionize how trust and authenticity are established in the digital age.

October 9, 2024

Digital Lending / Digital Payments

Checkout.com Partners with Octopus to Boost Digital Payments in Hong Kong

In a landmark development for the digital payments landscape in Hong Kong, Checkout.com, a global leader in digital payment solutions, has partnered with Octopus, the leading payment system in the region. This strategic collaboration represents the first instance where a global payment service provider (PSP) has integrated Octopus as a payment option for online transactions. The partnership not only signifies

October 9, 2024

Embedded Finance

HSBC and Tradeshift Partner to Boost Embedded Finance for SMEs

HSBC, one of the world’s leading banking institutions, has teamed up with Tradeshift, a renowned Danish B2B marketplace, to form SemFi by HSBC. This strategic partnership focuses on integrating embedded finance solutions directly into digital marketplaces, aiming to streamline financial access for small and medium-sized enterprises (SMEs). The joint venture marks a significant move in the financial sector, combining traditional

October 9, 2024

Cloud

How Can Venafi’s Updates Tackle Multi-Cloud and Quantum Security Challenges?

Venafi’s recent enhancements to its Machine Identity Control Plane are a direct response to the growing complexities of multi-cloud environments and the approaching era of quantum computing. In an effort to streamline operations, Venafi has introduced native support for cloud-to-cloud connectivity with leading providers like AWS, Azure, and GCP. This integration aims to alleviate the intricacies and expenses associated with

October 9, 2024