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10 Bank Technology Trends to Follow for 2024

South State Correspondent

At present, many banks utilize a variety of fraud and security tools that both overlap and have gaps in coverage. Cloud security, ransomware attacks, insider theft, privacy, network/endpoint protection, and general fraud remain one of the most significant investments in bank technology.

Trends 195
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Contactless Payments Fraud – A Sleeping Lion in a Trillion-Pound Market

FICO

trillion by 2028. For consumers, contactless payments have given them convenience, ease and security. Will contactless payment open up potential new security issues? These cards can be used up to the limit three times in succession without facing a security check. Europe and the UK are currently leading the market.

Fraud 52