banking
Plenty of Time to Get Compliance-AI Right
Plenty of Time to Get Compliance-AI RightWhen will the company fall out of compliance, and why?Artificial intelligence and machine learning continue to create a more significant media frenzy than BlackPink performing at ...
What role does Cloud Computing play in Banking and Financial Services?
Banks in the financial services sector cannot function in the digital age without Cloud technology. Many businesses are adopting Cloud technology because of its adaptability, dependability, and security as opposed to on-premise ...
Fintech Cybersecurity: How to Safely Integrate Products
The fintech industry is booming and seeing an incredible period of growth. You might assume that everything is rosy for the industry—but beyond the incredible rise of some of the most famous ...
Why Security Must be the Focus of Modern Banking
U.S. consumers are shying away from digital banking due to security concerns. According to a PYMNTS Digital Banking report, 47% of consumers worry about their data security, despite significant interest in digitized ...
Amazon Echos Hack Themselves, Fraud Is Flourishing on Zelle, Samsung Galaxy Source Code Stolen
A new attack uses Alexa’s functionality to force Amazon Echo devices to make self-issued commands, payment app Zelle has become popular with fraudsters and banks don’t seem to care, and details about ...
Fraud on Zelle
Zelle is rife with fraud: Zelle’s immediacy has also made it a favorite of fraudsters. Other types of bank transfers or transactions involving payment cards typically take at least a day to ...
The State of Commercial Banking and Security
The shift to digital banking has been a game-changer for financial institutions. But while digital has opened up whole new avenues for customer experience and revenue within the banking sector, one major ...
Banking’s Digital Future Raises Security Concerns
As the global financial services industry undergoes a seismic shift, disruption is prompting the industry to replace traditional practices, with emphasis on the inevitable digital future banks will have to embrace. In ...
Solving the Puzzle of Global Identity Verification
With customer bases that span the globe and the growing prevalence of online fraud, financial service providers know that effective identity verification (IDV) is imperative. But meeting anti-money laundering (AML) and know ...
Banking Industry Faces Surge in Cyber Security Challenges
Cybersecurity attacks are evolving, getting more sophisticated, more frequent, and spreading worldwide. It seems like not a day isContinue reading The post Banking Industry Faces Surge in Cyber Security Challenges appeared ...