EMVCo is encouraging domestic payment systems (and other similar entities) to use its new EMV® terminal integration testing framework to reduce the time needed to get new and updated acceptance terminals live and operational.
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RSA Security’s Fraud & Risk Intelligence (FRI) Unit has today released details of recently-uncovered scams and cybercriminal activity, providing a snapshot of the cyber-fraud environment from behind enemy lines. The team have identified tens of thousands of newly-registered domains that contained the words “coronavirus” and/or “COVID-19” as far back as January 2020, demonstrating that fraudsters have been well-prepared to profit from the pandemic. Furthermore, the team has highlighted eight specific digital risks that it has seen emerge in the wake of the pandemic, including:
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COVID-19 is obviously changing many aspects of daily life. Some will be short term measures to see us all through these times, although I wonder how many will become more permanent fixtures in our lives.
Acronis, a global leader in cyber protection, marked its inaugural World Cyber Protection Week by revealing that 42% of companies experienced a data loss event that resulted in downtime in 2019.
A survey carried out by 3Gem for Amaiz, the new banking app, has revealed that just over 30% of micro-businesses don’t have a separate business bank account. These businesses risk muddling business and personal expenditure and breaking tax rules. The survey also found that 44% of micro-businesses are usually spending at least 3 hours a week on admin, with one in five spending around a day a week on getting the books in order.
Finantix, the leading global provider of trusted technology to the wealth management, insurance and banking industries, has been named a Strong Performer by Forrester in its report, The Forrester Wave™: Digital Wealth Management Platforms, Q1 2020.
Dzing, a new to market electric money and payment institution, today announced the launch of its new mobile payment app, to allow international students, remote freelancers, overseas workers, and travellers, conduct financial services from their smart devices at high speed.
Now available on Android and iOS, the Dzing app will offer its users a simple, seamless process for transferring funds across borders in the UK and Europe. The app will also provide its customers with multi-currency accounts, as well as card and partner card options for users.