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Preparing financial institutions for the next generation of cyber threats

cybersecurity, Data Protection, Don't miss, Features, financial industry, fraud, Hot stuff, News, opinion, regulation, threats, Visa /

Preparing financial institutions for the next generation of cyber threats 2025-01-29 at 07:34 By Mirko Zorz In this Help Net Security interview, James Mirfin, SVP and Head of Risk and Identity Solutions at Visa, discusses key priorities for leaders combating fraud, the next-generation threats institutions must prepare for, and the role of collaboration between financial […]

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Cybercriminals tighten their grip on organizations

Abnormal Security, BioCatch, cybercrime, cybersecurity, Darktrace, DataDome, Delinea, Elastic, Experian, GetApp, News, report, Socure, SpyCloud, survey, Trustpair, Visa, WatchGuard, Zayo Group /

Cybercriminals tighten their grip on organizations 2024-12-30 at 06:06 By Help Net Security Cybercriminals are using a variety of new methods to target organizations across industries. In this article, we examine the most pressing trends and findings from the 2024 surveys on the growing threat of cybercrime. Social engineering scams sweep through financial institutions North

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Fraudsters revive old tactics mixed with modern technology

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Fraudsters revive old tactics mixed with modern technology 2024-10-28 at 07:04 By Help Net Security Threat actors continue to probe the payments ecosystem for vulnerabilities and were successful in conducting fraud schemes affecting multiple financial institutions, technologies, and processes, according to Visa. The resurgence of physical theft Scammers are going back to basics with an

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Visa to Acquire Fraud Protection Firm Featurespace

cybercrime, Fraud & Identity Theft, Funding/M&A, M&A Tracker, Visa /

Visa to Acquire Fraud Protection Firm Featurespace 2024-09-27 at 17:31 By SecurityWeek News Incubated at Cambridge University’s engineering department, Featurespace’s algorithmic-based solutions analyze transaction data to detect fraud cases. The post Visa to Acquire Fraud Protection Firm Featurespace appeared first on SecurityWeek. This article is an excerpt from SecurityWeek RSS Feed View Original Source React

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How businesses can integrate token technology into existing payment systems

Artificial Intelligence, Compliance, cybersecurity, Don't miss, Features, Hot stuff, identity verification, mobile payment, News, opinion, regulation, strategy, tokenization, Visa /

How businesses can integrate token technology into existing payment systems 2024-06-13 at 07:02 By Mirko Zorz In this Help Net Security interview, Mark Nelsen, SVP and Global Head of Consumer Product at Visa, discusses the integration of token technology into existing payment systems. How do businesses integrate tokenization into their existing payment systems, and what

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Cybercrime stats you can’t ignore

Abnormal Security, Akamai, Cofense, cybercrime, cybersecurity, Don't miss, Egress, GuidePoint Security, Hot stuff, Imperva, Ironscales, News, Osterman Research, ReliaQuest, report, SecurityScorecard, Sophos, SpyCloud, survey, Thales, Trustwave, VIPRE Security, Visa /

Cybercrime stats you can’t ignore 2024-05-07 at 07:31 By Help Net Security In this article, you will find excerpts from various reports that offer stats and insights about the current cybercrime landscape. Behavioral patterns of ransomware groups are changing GuidePoint Security | GRIT Q1 2024 Ransomware Report | April 2024 Q1 2024 resulted in a

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Could stablecoin volumes overtake Visa this quarter?

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Could stablecoin volumes overtake Visa this quarter? 2024-05-06 at 08:01 By Cointelegraph by Martin Young Research firm Sacra predicts stablecoins will “eclipse” Visa on total payments volume this quarter, but Visa’s head of crypto doesn’t agree. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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Triangulation fraud: The costly scam hitting online retailers

Artificial Intelligence, attacks, authentication, biometrics, cybersecurity, Don't miss, Features, fraud, Hot stuff, News, online payment, opinion, remote access, scams, Visa /

Triangulation fraud: The costly scam hitting online retailers 2024-04-30 at 08:01 By Mirko Zorz In this Help Net Security interview, Mike Lemberger, Visa’s SVP, Chief Risk Officer, North America, discusses the severe financial losses resulting from triangulation fraud, estimating monthly losses to range from $660 million to $1 billion among merchants. He also highlights the

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Visa provides stablecoin analytics dashboard with ‘noise’ filtered out

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Visa provides stablecoin analytics dashboard with ‘noise’ filtered out 2024-04-25 at 21:01 By Cointelegraph by Derek Andersen The financial services giant wants to make data about stablecoin usage clear and accessible, which requires some processing. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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Scams are becoming more convincing and costly

cybercrime, fraud, News, report, scams, survey, Visa /

Scams are becoming more convincing and costly 2024-03-25 at 06:33 By Help Net Security Scams directly targeting consumers continue to increase in both complexity and volume, according to Visa. Consumers are increasingly targeted by scammers, who rely on heightened emotions to create fraud opportunities. While the number of individual scam reports from June to December

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Visa extends its digital wallet capabilities to minimize the risk of fraud

Industry news, Visa /

Visa extends its digital wallet capabilities to minimize the risk of fraud 2024-02-12 at 15:01 By Industry News Visa announced extended digital wallet capabilities within Visa Commercial Pay, a suite of B2B payment solutions built in partnership with Conferma Pay to revolutionize how businesses manage transactions globally. The innovation enables financial institutions to add virtual

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Visa Provisioning Intelligence predicts probability of token fraud

Industry news, Visa /

Visa Provisioning Intelligence predicts probability of token fraud 13/12/2023 at 19:31 By Industry News Visa launched Visa Provisioning Intelligence (VPI), an AI-based product designed to combat token fraud at its source. Available as a value-added service for clients, VPI uses machine learning to rate the likelihood of fraud for token provisioning requests, helping financial institutions

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Visa launches global AI advisory practice focused on generative systems

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Visa launches global AI advisory practice focused on generative systems 08/11/2023 at 21:02 By Cointelegraph By Tristan Greene Visa’s new AI advisory practice will leverage more than 1,000 analysts and consultants around the globe. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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Binance shutting down European Visa debit card in December

Binance, Euro, Europe, European Union, Payments, Visa /

Binance shutting down European Visa debit card in December 20/10/2023 at 21:02 By Cointelegraph By Derek Andersen Mastercard ended its partnership in Latin America and Bahrain with Binance in September, possibly due to the regulatory environment. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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Crypto cards facilitated $3B payment volume since 2021 exchange deals — Visa exec

Cryptocurrency, Exchange, partnership, Payments, Visa /

Crypto cards facilitated $3B payment volume since 2021 exchange deals — Visa exec 05/10/2023 at 12:02 By Cointelegraph By Gareth Jenkinson Visa’s CEMEA head of innovation and design, Akshay Chopra, reveals that the company’s partnerships with cryptocurrency exchanges have facilitated billions of dollars in payment volume. This article is an excerpt from Cointelegraph.com News View

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Future of payments: Visa to invest $100M in generative AI

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Future of payments: Visa to invest $100M in generative AI 03/10/2023 at 12:02 By Cointelegraph By Helen Partz Visa says it was one of the first firms in the world to pioneer AI in payments, deploying AI-based technology for risk and fraud management in 1993. This article is an excerpt from Cointelegraph.com News View Original

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Visa collaborates with Expel to protect clients from cyberthreats

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Visa collaborates with Expel to protect clients from cyberthreats 02/10/2023 at 17:03 By Industry News Visa announced a strategic partnership with Expel, extending Visa’s Value-Added Services offering in the emerging Managed Detection and Response (MDR) segment to clients globally. Global cybercrime costs are expected to reach $10.5 trillion annually by 2025, impacting businesses of all

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Digital yuan app adds prepaid Mastercard Visa top-ups for tourists

China, Digital Yuan, e-CNY, Mastercard, Payments, Visa /

Digital yuan app adds prepaid Mastercard Visa top-ups for tourists 25/09/2023 at 17:02 By Cointelegraph By Gareth Jenkinson The e-CNY app now allows tourists to top-up their wallets using Mastercard and Visa payments with a “recharge first and use later” option. This article is an excerpt from Cointelegraph.com News View Original Source React to this

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Latest fraud schemes targeting the payments ecosystem

Cryptocurrency, cybercrime, cybercriminals, cybersecurity, fraud, News, Online, Ransomware, report, survey, Visa /

Latest fraud schemes targeting the payments ecosystem 13/09/2023 at 06:33 By Help Net Security Threat actors continued to exploit technical misconfigurations through various fraud schemes, according to a new report from Visa. These include the use of malvertising and search engine optimization (SEO) techniques to cultivate compelling and effective phishing and social engineering campaigns, the

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Visa taps into Solana to widen USDC payment capability

Payments, settlement, Solana, usdc, Visa, Worldpay /

Visa taps into Solana to widen USDC payment capability 05/09/2023 at 18:02 By Cointelegraph By Gareth Jenkinson The global payments firm has expanded its stablecoin settlement capability to include USDC tokens issued on the Solana blockchain. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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