Top 10 Blockchain Headlines of 2016

Bank Innovation

Blockchain—possibly the buzziest of buzzwords in 2016. Online Payments Security Technology Uncategorized Virtual Currency 2016 artificial intelligence BlockChain KYC money transfer R3CEV Ripple

Biometrics Beats Blockchain at Bank Innovation 2016

Bank Innovation

Eleven companies were awarded slots in the DEMOvation Challenge, which took place yesterday here at Bank Innovation 2016, our annual first-quarter event. Innovations Mobile Online Security Startups Technology Virtual Currency Bank Innovation 2016 biometrics BlockChain Raistone SayPay

Digital Security 2016: At The Crossroads Of Biometrics, EMV And Mobility?

PYMNTS

It’s been a busy 12 months since the last Money20/20, as new technologies and threats have disrupted the security space time and time again. “Chip-enforced, hardware-backed security is what we’re seeing as a major trend in other ecosystems,” McDowell explained.

Things worth reading: 20th October 2016

Chris Skinner

Things we’re reading today include … California prosecutors open new front in Wells Fargo scandal Security breaches feared in up to 3.2 mln Indian debit cards: report Chancellor insists Bank of England will remain independent Fed risks repeating Lehman blunder as US recession storm gathers Handelsbanken shrugs off Brexit to post rising profits Bank of … The post Things worth reading: 20th October 2016 appeared first on Chris Skinner's blog.

2016 Innovators to Watch: 1 to 5

Bank Innovation

Capital Cards Commerce Compliance Corporate E-Commerce Innovations Insurance Lending Marketing Mobile Online Operations Payments PFM Retail Risk Security Social Media Startups Technology Twitter Virtual Currency Wealth Management Wearables 2016innovators innovator Innovators lists

PYMNTS’ 2016 Roundup: Retail Edition

PYMNTS

2016 started off with a bang in the retail world when MPD and PYMNTS uncovered a few discrepancies in the retail data that many major retailers and reporting institutions were using to underestimate the impact of digital sales on brick-and-mortar sales. “In In 2016, I believe that physical retail may be facing its own ‘Kodak moment,’” wrote Karen Webster. Retail 2016 alternative payments EMV Human Touchpoint MasterCard Pokemon Go PYMNTS 2016 Retail Roundup service Unattended Retai

Retail 144

12 Coolest Brands in Banking 2016

Bank Innovation

Capital Cards Commerce Compliance Corporate Innovations Insurance Lending Marketing Mobile Online Operations Payments PFM Retail Risk Security Slider Social Media Startups Technology Virtual Currency Wealth Management Wearables coolest brands lists

Key Takeaways from Sibos 2016

Celent Banking

While it has long been an important issue, it has catapulted to the top of the agenda of every member of SWIFT’s ecosystem given the recognition that the system is only as secure as its weakest node. Having just returned from the whirlwind that is Sibos, I (along with many other industry observers) feel compelled to contribute my two cents on the top takeaways from the event, along with one observation on the mood.

Boston 167

Things worth reading: 25th August 2016

Chris Skinner

banking regulators focused on cyber security after SWIFT attacks Asian companies have world’s worst cybersecurity says study Blockchain may help banks renew image Landlord lender OneSavings Bank defies housing slowdown with surging profits Suits join the hoodies with blockchain push Deutsche boss: negative interest rates are ‘fatal’ Lloyds … The post Things worth reading: 25th August 2016 appeared first on Chris Skinner's blog.

Say Hello to Our Spring 2016 Class of Startups

Bank Innovation

The companies selected from applications received from startups around the world are: CrossCues Dyme GoldBean Hermetic Security Spare We Are Briqs The companies, chosen after a Read More.

DEMOvation Finalists for Bank Innovation 2016 Announced

Bank Innovation

The panel of judges — Scarlett Sieber of BBVA; Sam Maule of Carlisle & Gallagher; Ryan Falvey of the Center for Financial Services Innovation; Matt Wilcox of Fiserv; and Phil Ryan of Bank Innovation — will decide which company is worthy of the “Best in Show” DEMOvation crown at Bank Innovation 2016. Many applied, few were chosen.

Uber Faces Fine From France For 2016 Data Breach

PYMNTS

20) that it fined Uber $460,000 over its 2016 data breach that exposed the data on 57 million customers and drivers across the world. Earlier this year Uber settled with the state of California, agreeing to pay $148 million over the 2016 breach.

Data 254

Payments 2016: The Year Of The Chip

PYMNTS

PYMNTS consulted 21 payments executives from across the industry to share their insights on the biggest takeaways from 2016 as part of the “Payments 2016, The Year Of…” eBook. The year 2016 saw a sea change in the payments landscape.

eBook 221

5 Best New Financial Apps 2016

Bank Innovation

We can all agree Credit Karma, Chase Mobile, Bank of America, Wells Fargo, and PayPal aren’t leaving the Top Ten on App Annie anytime soon. But ratings and rankings aren’t everything — there’s also the cool factor. How easy is the app to use?

Biometric Security Gains Popularity, But Is Far from Foolproof

Bank Innovation

Mobile Online Payments Security Startups Technology biometrics cybersecurity HYPR Corp Mobile Payments online payments Tender Armour

The 2016 Presidential Election And Banks’ Next Four Scary Years

PYMNTS

Never mind the cost and security issues that it raises for banks. And now, the CFPB seems to be warning the banks that they better figure out how to share the assets that they’ve invested in acquiring, servicing and securing with innovators who are banging at their doors trying to get in — or they’ll step in and decide how it will all go down. But the consumer’s expectation is that the bank should maintain their data accurately and keep it secure on their behalf. REDRUM.

SMS No Longer Secure for 2-Factor Authorization

Bank Innovation

Compliance Mobile Security Technology Bank of America Facebook First Republic Google JPMorgan Chase Messaging SMS text messages USAA Wells FargoIt might be time to say goodbye to those text messages containing PINs to help you log into your favorite banking site. The U.S.

Secure Payments, Generation 2.0

PYMNTS

Enter 3-D Secure 2.0. In a webinar with James Rendell, vice president of payment security at CA Technologies, and Paul Baker, vice president/senior business leader of enterprise security solutions at Mastercard, PYMNTS’ Karen Webster delved into just how 3-D Secure 2.0 The experience has to be consistent with how consumers want to conduct commerce digitally — and securely.”. CA Technologies’ Rendell noted that 3-D Secure 2.0 Two-point-oh.

Green Dot Launches Secured Credit Card

Bank Innovation

Today it was announced that Green Dot, a leader in the prepaid space, is launching the Green Dot Platinum Visa Secured Credit Card—a credit card designed specifically to help those without credit build it, or those with low credit scores, build them up.

Cards 232

Payments 2016: The Year Of Capitulation

PYMNTS

PYMNTS consulted 21 payments executives from across the industry to share their insights on the biggest takeaways from 2016 as part of the “Payments 2016, The Year Of…” eBook. Payments 2016: The Year Of Capitulation .

eBook 223

Key takeaways from Sibos 2016

BankNXT

Daniel Latimore reveals three primary talking points from Sibos 2016. Key takeaways from Sibos 2016 on BankNXT. Banking Fintech Security APIs cybercrime Daniel Latimore events PSD2 Sibos 2016

So Far Not So Good For Internet And Security In 2016

PYMNTS

The first quarter of 2016 has been an eventful one chock-full of cyberattacks and emerging threats. Yesterday (June 7), Akamai Technologies released its Q1 2016 State of the Internet – Security Report , which takes an in-depth look into the global cloud security threat landscape to provide analysis and insight into malicious activity that’s been observed across the Akamai Intelligent Platform™ from January to March of this year. “We

Payments 2016: The Year Of Major Shifts

PYMNTS

PYMNTS consulted 21 payments executives from across the industry to share their insights on the biggest takeaways from 2016 as part of the “Payments 2016, The Year Of…” eBook. Payments 2016: The Year Of Major Shifts in Payments. Here are three key shifts we’ve seen in 2016.

eBook 211

InAuth Partners with Zelle to Leverage Device History for Mobile Security

Bank Innovation

Security provider InAuth just announced a partnership with Zelle—the old clearXchange, for those who are still not used to the rebrand —in order to provide better mobile security on the Zelle app when it’s launched sometime in the first six months of 2017.

“Transforming the Landscape” – My learnings from SIBOS 2016

Celent Banking

This year’s Sibos theme was “Transforming the Landscape”, organized around four themes: Banking, Compliance, Culture, and Securities. The fall conference season is a business time for us in the industry research business.

Things worth reading: 5th April 2016

Chris Skinner

Things we’re reading today include … Credit Suisse CEO Thiam targets bigger China presence Quantum computing: Game changer or security threat?

Payments 2016: The Year Of Partnership Via API

PYMNTS

PYMNTS consulted 21 payments executives from across the industry to share their insights on the biggest takeaways from 2016 as part of the “Payments 2016, The Year Of…” eBook. Payments 2016: The Year Of Partnership Via API. Security.

eBook 247

PayPal Predicts Holiday 2016

PYMNTS

Much like PayPal, holiday shopping has grown beyond simply one button at one moment, now encompassing the freedom of mobile devices, the social enjoyment of peer-to-peer payments and the security and simplicity to make a purchase, with confidence, at a moment’s notice.”. Halloween is not quite here yet, but the holiday season predictions are already rolling on in. And PayPal has officially thrown its hat into the ring.

Security or unfamiliarity: What's stopping mobile-payments adoption?

Mobile Payments Today

Security pros discuss how consumers view today's security climate when it comes to payments

NEW REPORT: Will Biometrics Ring In A More Secure 2017?

PYMNTS

In order to keep mobile customers, payments and data safe, multiple security companies recently formed partnerships designed to bolster their mobile security. Meanwhile, similarly, FirstBank announced last month that it would turn to Entersekt to help secure its iOS app.

India Closes 2016 On Top

PYMNTS

FinTech is no stranger to this pattern, and while venture capital levels have seemed to dwindled in certain markets (analysts found VC funding down by 29 percent in 2016 compared to last year), B2B startups remain the apple of many investors’ eyes. The startup secured pre-Series A funding from Japan’s Incubate Fund (making its first investment in India), as well as local investors at Lead Angels Network, reports said last Friday (Dec.

Masterpass’ 2016 Milestones

PYMNTS

The global momentum we’re achieving with banks, merchants and consumers is proof-positive of our efforts to create simple and secure digital payment experiences anywhere consumers want to shop,” said James Anderson, executive vice president of digital payment products at Mastercard, in a press release.

Coolest Brands 2016: MasterCardMaking Payments Happen in the IoT

Bank Innovation

Cards Commerce Mobile Payments Security Technology Coin Internet of Things MasterCard Samsung StartupbootcampIs it possible for a payment network to be cool? And what if that payment network was launched in — gasp! — in 1966?

Convenience Trumps Security for Consumers

PYMNTS

consumers are handling the shift to EMV-compliant POS systems, the responses revealed that consumers have little incentive to choose safe and secure payment options. In a recent survey focused on how U.S.

Registration for Bank Innovation Israel 2016 Officially Opens

Bank Innovation

Bank Innovation Israel 2016 registration has officially opened today. The only Western fintech event in Startup Nation, the 2016 Bank Innovation Israel will take place 1-3 November at the Dan Tel Aviv. Capital Cards Commerce Compliance Corporate E-Commerce Innovations Insurance Lending Marketing Mobile Online Operations Payments PFM Retail Risk Security Social Media Startups Technology Virtual Currency Wealth Management Wearables Bank Innovation Israel DEMOvation startups

Regulators Investigate China’s Ex-Securities Regulator

PYMNTS

Liu Shiyu, the former head of China’s securities regulator, is being investigated for violating anti-corruption laws. Liu Shiyu had become head of the China Securities Regulatory Commission in 2016.

Are Connected Devices Threatening Payment Security?

PYMNTS

While it’s not uncommon for these Internet of Things (IoT) devices to be accessed by attackers looking for a stealthy way in, it’s also not uncommon for merchants to overlook these as a point of security vulnerability. Intel Director of Mobility and Secure Payments Michelle Tinsley noted that, oftentimes, businesses are so hyper-focused on safeguarding payment data and PCI compliance that they easily lose sight of the other places where consumer data is left unprotected.

Microsoft Issues Emergency Internet Explorer Security Update

PYMNTS

Microsoft issued an emergency security update for Internet Explorer after hackers were able to exploit a new flaw in several versions of the browser.

Smart Grids Aren’t Secure, Survey Says

PYMNTS

A new survey from Tripwire , a global provider of security and compliance solutions for enterprises and industrial organizations, revealed that 98 percent of professionals in the IT field believe that smart cities are vulnerable to cyberattacks. Security & Fraud cyber threats Cybersecurity Smart Cities Tripwire What's Hot

Survey 209

Security Trumps Convenience for Online Shoppers, Study Finds

Bank Innovation

Online retailers prize a smooth checkout and one-click checkouts, but it turns out customers care more about security than convenience when shopping online. Cards Commerce Mobile Online Payments Security e-commerce fraud m-commerce mobile commerce online commerce Tender Armor

Study 173

Malware Attacks Experience Drastic Upswing In 2016

PYMNTS

Despite efforts by companies and security professionals to protect the nation’s computer systems, incidents of malware attacks are on the upswing, coming at a rate that is close to four times last year. According to AppRiver’s second quarter Global Security Report , between April 1, 2016 and June 30, 2016 the security firm recorded 4.2 Security & Fraud botnet malware ransomware security & fraud Trojan What's Hot

Payments 2016: The Year Of Clarity For The Payments Sector

PYMNTS

PYMNTS consulted 21 payments executives from across the industry to share their insights on the biggest takeaways from 2016 as part of the “Payments 2016, The Year Of…” eBook. Here is the response from James Jenkins, director of payment security at CA Technologies ….

eBook 187

Dwolla Defends Security Practices in the Face of CFPB Fine

Bank Innovation

— Today the Consumer Financial Protection Bureau leveled a $100,000 penalty against the online payment platform Dwolla, who are obliged to pay the full amount and fix its security practices. Washington, D.C.