Information Security Archives | Page 369 of 686

Cyber Security

How Does OT Cybersecurity Differ from IT Security Needs?

The burgeoning connectivity between Operational Technology (OT) and Information Technology (IT) systems doesn’t simply streamline processes; it conjures a tableau of cybersecurity challenges distinct from those in conventional IT settings. Understanding these nuances is crucial to protect critical infrastructure that now stands in the crosshairs of sophisticated cyber threats. This article carves out the differences, delineating the tailored cybersecurity requirements

April 5, 2024

Cyber Security

How is Google Tackling Android and Pixel Security Flaws?

Google has demonstrated a steadfast dedication to device security with its latest update, underlining the importance it places on protecting users’ Android and Pixel devices. With a vigilant approach to cyber threats, the company has successfully identified and patched a series of vulnerabilities, showcasing its ongoing efforts to fortify device integrity against potential exploits. This proactive initiative by Google highlights

April 5, 2024

Fintech Blockchain

Velar Introduces VELAR Token, Expanding Bitcoin DeFi Landscape

The DeFi ecosystem on Bitcoin is burgeoning, thanks to the entrance of Velar and its proprietary token, VELAR. This innovative addition operates on the Stacks platform, leveraging Bitcoin’s robust security to offer new DeFi products. Velar’s introduction marks a pivotal shift in Bitcoin’s role in the financial sector, potentially transitioning it from being predominantly a digital gold to a foundational

April 5, 2024

Fintech Blockchain

Is the Crypto Market Poised for Recovery or Further Loss?

The cryptocurrency market has recently faced a startling downturn, with leading cryptos such as Bitcoin and Ethereum experiencing significant price drops. This market correction has spooked investors and led analysts to renegotiate their forecasts concerning the trajectory of digital assets. The decline in Bitcoin’s value by approximately 5.71% and Ethereum’s by around 9.51% has opened a discussion about the underlying

April 5, 2024

Fintech Blockchain

How Is Hong Kong Leading the RWA and STO Revolution?

Hong Kong is gearing up to become a global center for trading and regulatory management of Real World Assets (RWA) and Security Token Offerings (STOs). By leveraging blockchain, Hong Kong aims to transform the traditional dealings with physical assets by tokenizing them, thus lowering investment barriers and making the real economy more accessible to a wider range of investors. This

April 5, 2024

E-Commerce

Is Ecommpay’s New Direct Debit with GoCardless a Game Changer?

Payment service provider Ecommpay has announced a strategic partnership with GoCardless to integrate Direct Debit payment solutions for UK and EU businesses. This collaboration caters to the increasing consumer preference for Direct Debit for regular payments, as it offers convenience and security for both businesses and consumers. Direct Debits are extensively used in the UK, and their popularity is expanding

April 4, 2024

E-Commerce

Damen & BKN301 Unveil “Damen Cash” App for Financial Inclusion

In a groundbreaking development for Egypt’s financial sector, Damen & BKN301 Group have launched “Damen Cash,” a mobile app advancing electronic payments and championing financial inclusion, in line with Egypt’s Vision 2030 and digital ambitions. The app offers a vital service to people, especially the underbanked and those in remote regions, by providing a secure, streamlined platform for monetary transactions,

April 4, 2024

E-Commerce

How Will PSPs Achieve Compliance with Europe’s VoP Mandate?

As the 2025 deadline for Europe’s Verification of Payee (VoP) mandate approaches, Payment Service Providers (PSPs) face a crucial period of transition. With the mandate aimed at bolstering payment security, PSPs must adopt significant tech and operational upgrades. According to iPiD’s white paper “Verification of Payee: The Race to Compliance,” PSPs are advised to undertake a comprehensive strategy for compliance.

April 4, 2024

E-Commerce

CAB Payments Europe Enters EEA with DNB License and Expert Team

CAB Payments Europe, now fully licensed and operational within the EEA, strategically opens its doors in the Netherlands—poised to leverage the country’s financial infrastructure to serve the high demand for seamless payment services across Europe. This move is meticulously calculated, as the license paves the way for the company to employ passporting rights, freely offering its innovative services to the

April 4, 2024

Mobile

Smartphone Virus Threats: Guarding Against Identity Theft

As smartphones become ever more essential in our lives, the risk of identity theft through mobile viruses is a growing concern. These insidious programs can slip into our devices via rogue applications or misleading links, with the sinister goal of siphoning off our personal details. Malicious actors program them to scour our phones for passwords, banking information, and any data

April 4, 2024

Robotic Process Automation In Fintech

DeFi-AI Innovations Pave Way for Smart Financial Ecosystems

The fusion of Artificial Intelligence (AI) with decentralized finance (DeFi) marks a revolutionary shift in the finance industry, poised to significantly enhance the efficiency, automation, and customization of financial services. This groundbreaking combination, known as DeFi-AI, stands at the cutting edge of financial innovation, with the potential to revolutionize our interactions with money. DeFi leverages blockchain technology to facilitate financial

April 4, 2024

Digital Lending / Digital Payments

How Will User-Centric Payment Innovations Transform Finance?

The payment industry is on the brink of a monumental shift towards services that prioritize user experience. Expected to hit a $2.64 trillion mark by 2029, the sector is shifting gears to deliver payment solutions that exceed basic reliability and security. Today’s consumers are looking for transactions that are not only dependable but also intuitive and streamlined. This demand is

April 4, 2024