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What 2015 holds for banking

Abrigo

The IBM Institute for Business Value released its 2015 report, “ The paradox of Banking ”, which analyzes the existing market and makes predictions about how the landscape will evolve, what will make banks succeed or fail and how institutions can use the market trends to their advantage.

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Today In Payments: Coronavirus Decimates US Stock Market; Ex-Microsoft Engineer Guilty Of 18 Felonies

PYMNTS

In today’s top news, the stock market takes its biggest hit since 2015 due to mounting fears over the coronavirus, and an ex-Microsoft engineer is found guilty of stealing $10 million in digital currency. Coronavirus Decimates US Stock Market $1.7T stock market is taking a hit due to mounting fears over the coronavirus.

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Greyhound Drives Omnichannel Security With AI, Advanced Learning Tools

PYMNTS

Fraud could cost the market more than $25 billion this year, and approximately 20 percent of attempted travel-related transactions are confirmed to be fraudulent. Dallas-based busing line Greyhound is all too familiar with such problems, prompting it to implement advanced learning technologies to secure ticketing.

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New IoT Security Bill Exposes Rising Data Protection, Safety Concerns

PYMNTS

Thus, IoT security is becoming an essential part of modern conversations. Department of Homeland Security (DHS) and data security and privacy practice chair of D.C.-based A lot of the devices we’re talking about have no security. They weren’t built with security in mind, and there really isn’t any way to patch them.”.

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Point-Of-Sale Terminal Market To Be More Than $103 Billion By 2023

PYMNTS

The volume of the global point-of-sale terminal market was more than $43 billion in 2015 and is set to grow to $100 billion by the end of 2023. The retail POS market is expected to grow to more than $30 billion by that time, according to new research from Global Market Insights.

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Federal Reserve Changes Derivative Netting Rules

Perficient

The Federal Reserve is now expanding the definition of financial institutions to include: swap dealers and security-based swap dealers; 1. major swap participants (MSPs) and major security-based swap participants (MSBSPs); 2. major swap participants (MSPs) and major security-based swap participants (MSBSPs); 2.

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Fed Names New Payments Security Leader

PYMNTS

Federal Reserve System has appointed its Payments Security Strategy leader, the agency announced Friday (Dec. He will lead the Fed’s initiative to address payments fraud risk and boost the security of payments in the U.S. Treasury and financial market, among other responsibilities.

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