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4 considerations for banking leaders concerned about cyber security

NCR

With that comes the need to protect the data associated with all types of banking transactions. Below are four considerations for banking leaders concerned about cybersecurity. ISOs who communicate with technology-specific terms and jargon are not serving the security interests of the bank well.

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Inside China’s Cyber, Financial Regulatory Changes And Challenges

PYMNTS

billion-strong, high-spending consumers and their willingness to adapt to new technologies, trends and products may represent the economy of the future for many banks and businesses, but it is notoriously difficult for firms to enter and compete in this market. Confronting the Chinese Privacy Myth .

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More progress for biometrics as TSB launches mobile iris scanning

NCR

There is lots of discussion in the financial services industry at the moment about biometric authentication and its potential to replace passwords and PINs in digital banking. It is the first bank in Europe to provide this capability. ” This is part of a wider project of tech-driven change taking place at the bank.

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Online Fraud Victims Need More Help from Banks to Recover

American Banker

Banks have gotten better at detecting digital banking fraud, but the process of closing and reopening accounts is still a mess — and that is what could send more customers packing.

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Online Lenders Band Together to Strike Back at Scammers, Stackers

American Banker

Online lenders' struggle with fraud is driving them to join new networks designed to find links between fraudulent loan applications and signs of borrowers trying to obtain multiple loans simultaneously.

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FinDEVr APIntelligence

Fintech Labs Insights

Swiss financial sector infrastructure operator SIX partners with IBM Watson to build cyber-security hub. Fiserv reports nearly 30 banks and CUs deployed its digital banking technology in 2016, taking the total number of FIs using its online banking solutions to 3,500. Follow FinDEVr on Twitter.

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Israel Approves New Digital Bank

PYMNTS

The Bank of Israel is green lighting a new digital bank — the country’s first new financial institution in decades. The digital bank is led by entrepreneurs Marius Nacht of cyber security company Check Point Software Technologies , and Amnon Shashua of autonomous driving developer Mobileye NV.