59 percent of CEOs in the Middle East aim to increase their investments in digital transformation by 10 percent or more over the next three

In recent years, financial services and banking models have undergone a large-scale transformation with the entry of digital technologies. New methods of online banking, mobile

As commercial banks integrate digital technologies into key business processes, they are accruing benefits including enhanced customer experience and agility. This is, however, exposing scheduled

As compared to many other advanced less-cash economies, India is experiencing a more prolific growth trajectory in card transactions. In light of this growth in

Today, digital payments have replaced the use of physical debit and credit cards in the payments industry. Despite all the technological resources that work in

Navigating risk in the urban banking landscape is perhaps the most crucial topic for any security and compliance boardrooms today. As the banking landscape transforms

The current period is one of the most happening times for the payment industry in India to thrive and prosper with leapfrogging payment revolutions. While

The Reserve Bank of India issued a directive vide circular DPSS.CO.OD.No 2785/06.08.005/2017-18 dated April 06, 2018, on ‘Storage of Payment System Data’ advising all system

Considering the critical role being played by payment intermediaries in the online payments space and keeping in view their role vis-à-vis handling funds, RBI has

In a race to inculcate technology innovations in the payments space, banks and other entities have inadvertently increased their exposure to cyber incidents, thereby creating

Cashless transactions are a revolution today. The way payments are made and accepted has undergone a huge transformation. To satisfy the needs of end-users many

The PCI 3D Secure Standard was designed as an additional authentication step, to be an extra security layer for online card transactions for more secure

With greater digitization and growing sophistication of cyber attacks, organisations today are exposed to a much bigger threat of data breaches. Therefore, constant monitoring to

In 2018, a hacker transferred over 130 million USD from a bank by penetrating its network and injecting a fake response malware script. The same