Intelligent CIO North America Issue 19 | Page 12

NEWS

Mastercard and GCS International strengthen alliance in Jamaica

builds on the collaborative work already underway in the Dominican Republic and expands to include solutions in Jamaica .
The partnership will strengthen the economic growth potential in the Caribbean , providing the underserved population with a simple and secure real-time payment solution .
Financial institutions will be provided with a white label mobile wallet solution , including Mastercard prepaid cards for international use , providing end-users with innovative and enhanced payment options in line with market trends .
The initiative demonstrates how technology can be harnessed to accelerate financial inclusion and give people more control , better banking experiences and a wider range of payment choices .

Mastercard and GCS International , a leading regional fintech based in the Dominican Republic , have extended their partnership to develop and deliver digital payments solutions to underserved consumers across the Caribbean . This partnership

During the signing of the agreement , Carlo Enrico , President of Mastercard ’ s Latin America and Caribbean region , said : “ Mastercard is committed to delivering a digital economy that works for all . As the FinTech landscape evolves at an unprecedented speed , Mastercard provides the infrastructure and assets to help FinTechs grow and attract more people to the digital economy . We look forward to collaborating with the GCS International team through this next stage of growth and provide the solutions that will drive financial inclusion at scale .”
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Safe Security and Infosys partnership to identify enterprise vulnerabilities

Safe Security , a global pioneer of cyber-risk quantification solutions , has announced a strategic collaboration with Infosys , a global leader in next-generation digital services and consulting .

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Safe Security ’ s SaaS platform SAFE , combined with Infosys ’ s capabilities in quantitative cyber-risk management will enable organizations to get an enterprisewide view of overall cyber-risks , predict breaches using SAFE ’ s proprietary algorithm and know the potential financial impact of each cyberattack before it occurs .
SAFE provides organizations with real-time visibility into their biggest cyber-risks . This is done by aggregating signals via APIs into a single dashboard , with actionable insights and potential financial impacts .
The insights gained from SAFE also provide a common language for discussing cybersecurity risks with board members , auditors , and other internal and external stakeholders . By combining these insights with Infosys ’ on-going strategic guidance , joint customers will benefit from a more proactive cybersecurity approach .
Amir P . Desai , CIO , Molina Healthcare , said : “ Prior to SAFE , we didn ’ t have any centralized tool to monitor the security loopholes identified through configuration and vulnerability assessments , red teaming exercises , and security audits for compliance , for each technology stack across each of my business units and acquired businesses .
“ With SAFE and Infosys ’ s leadership in helping large organizations manage cyberrisk , we now have a real-time , data-backed and continuous view of exactly how secure our critical applications storing , processing and managing PHI are .”
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