In today’s fast-evolving financial landscape, global enterprises face mounting pressure to streamline operations and adapt to digital demands, and a groundbreaking partnership between EPI-USE, a frontrunner in HR/Payroll and SAP S/4HANA solutions, and Fiserv, a titan in financial services
The financial sector was recently shaken by a significant incident involving The Bank of Canton, which agreed to a $300,000 settlement following a 2023 data breach. This breach stemmed from a security vulnerability in the MOVEit file transfer software, heavily relied upon by Fiserv Inc., a
The advancement of payment technology has ushered in an era where transactions occur without the spender ever consciously engaging in a payment process. This era is characterized by the adoption of invisible payment systems that utilize innovative technologies to streamline how financial exchanges
In an era characterized by rapid technological advancement and digital innovation, traditional banking institutions face the pressing challenge of evolving to meet modern demands. One historic global bank recently embarked on a significant journey, aiming to modernize its services by entering the
In an era where digital banking is pivotal to everyday financial transactions, HDFC Bank and Axis Bank have announced a temporary suspension of their digital services due to scheduled maintenance. This significant move is aimed at enhancing the performance, reliability, and security of their
The repercussions of data security lapses become apparent as the widely used mobile payment platform Cash App, owned by Block Inc., navigates a significant class action settlement. A $15 million legal settlement has been finalized after the exposure of sensitive user data between 2018 and 2024