Banking 2020

FEBRUARY 3, 2015

The banking industry is at war. National Security Agency (NSA) is closely working with its counterparts across the pond, the U.K’s Government Communications Headquarters (GCHQ) and the security service known as MI5 in a series of war games that will enable all parties to collaborate on building better defenses against cyber threats.

Security 40

Security Risk Management Survey Course 40

Banking 2020

SEPTEMBER 15, 2015

Payment security and speed go hand in hand, according to the Federal Reserve and NACHA. is growing closer to becoming a reality with the formation of a Board Advisory Group that will help NACHA realize its plans to create faster and more secure payments that meet the needs of banking institutions, merchants and many others.

Fraud 40

Fraud Payments St. Louis Security 40

Banking 2020

JANUARY 22, 2016

The National Federation of Independent Business (NIFB) reports that only about a third of smaller merchants are familiar with the new chip cards. It’s early days but perhaps more needs to be done to educate and inform consumers about the benefits of EMV over mag stripe cards – particularly the security and fraud implications.

US 40

US Report Cards Security 40

Banking 2020

NOVEMBER 17, 2015

But the experience from other nations tells us that once they make their first chip transaction – whether chip-and-PIN or chip-and-signature – they fully embrace the new process. Moreover, EMV allows for secure contactless payments, which are exploding in popularity around the globe.

US 40

US Atlanta Fraud Cards 40

Banking 2020

SEPTEMBER 7, 2015

Just last year, a federal appeals court decided that the Securities and Exchange Commission can’t force companies to say whether they got conflict minerals from troubled African nations. Now, all those worries are moot. There have been other such dustups recently.

New York City 40

New York City New York Community Industry 40

Banking 2020

AUGUST 13, 2015

Researchers from the University of Florida are reporting that mobile money systems in nations such as Brazil, India, Indonesia and Thailand exhibit alarming levels of vulnerabilities in the technologies used. First, innovation must be matched with adequate security. However, there are serious concerns here that need to be addressed.

Mobile 40

Mobile Study Florida Innovation 40

Banking 2020

NOVEMBER 27, 2015

Some might be, but it turns out that the big winners, at least in this iteration, are actually local and community banks, registering a 5% migration. Meanwhile, the large regional or national banks are the biggest losers, saying sayonara to 16% in this customer age group. That’s a major advantage in this market.

Millennials 40

Millennials Survey social media Online 40

Banking 2020

MAY 14, 2015

The risks that come with not having an application strategy could also spell trouble as cyber security concerns rise. Identifying and removing valueless assets can help banks drive business and fortify cyber security. The C-suite should regard IT as a strategic business partner, but it simply is not there yet.

Cyber Security 40

Cyber Security Software Study Industry 40

Banking 2020

NOVEMBER 17, 2015

An electric blanket could download the latest report from the National Weather Service, map it to a sleeping individual’s body mass index, and constantly adjust the temperature to ensure maximum comfort levels all night. (It Next, security will become even more of a nightmare than it is now.

Resources 40

Resources Industry Mobile Big Data 40

Banking 2020

DECEMBER 16, 2014

Obvious examples include functions like technology, data, security, finance; and business groups like payments, fintech and retail banking. The key is to identify functions or businesses where attraction and qualification are more likely to use those as the entry points for new types of talent.

Leadership 52

Leadership Regional America Industry 52