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Big Data Explosion

Cisco

Capturing these opportunities however is a multidimensional challenge requiring a broad set of data-related structures and competencies. These include institution-wide standards for data infrastructure, governance, and security, as well as business- specific needs related to data acquisition, data science, compliance, and more.

Big Data 143
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Big data analytics and cybersecurity take center-stage in payments systems

Accenture

Some big themes dominate Payments today, and each is likely to endure for many years. Sibos 2015 in Singapore brought them into sharp focus – specifically: Big Data Analytics, Cyber-security, Bank & FinTech Hubs, Cryptocurrencies/Blockchain Technology, Trade Finance and APIs. Read more.

Big Data 154
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FinovateFall Day 1: APIs, Biometrics, Big Data Analytics

Bank Innovation

Today FinovateFall debuted in New York, where thirty-nine fintech companies debuted their newest toys to an appreciative, fintech-hungry audience. The technology presented ranged from the latest in biometrics, including voice and facial recognition, the latest in how to create insights for big data use–and Read More.

Big Data 150
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The Security Threat Of Bank-FinTech Collaboration

PYMNTS

“I would characterize it as a Big Data issue — it’s very intimidating to get started in third-party risk management,” Simkins said. This is particularly true as open banking initiatives encourage bank collaboration with third-party FinTech firms and facilitate the movement of data between platforms.

Security 192
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Bank Innovation Launches Public Telegram Channel

Bank Innovation

EXCLUSIVE – Interested in the latest trends in payments, digital banking, blockchain technology, API, security, big data and all the other hot topics in the fintech space? Come join Bank Innovation’s Telegram Group.

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Banks Need FinTech To Stay Competitive – And Secure

PYMNTS

FinTech Continues Its Disruption. Traditional banks have continued their sloth-like pace in FinTech adoption, added Galarza, which has led corporates to seek innovative services from non-bank players. “In So, what can corporates expect from their banks in 2017? It’s not difficult to imagine removal of that arbitrary barrier.”.

Security 181
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OCC keeps focus on bank/fintech partnerships

CFPB Monitor

Since the beginning of Michael Hsu’s tenure as Acting Comptroller of the Currency, bank/fintech partnerships have been a focus of OCC concern. Mr. Hsu also raised concerns about unknown risks or “nasty surprises” arising out of bank-fintech arrangements. He advised banks to closely monitor risk and compliance in these partnerships.

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