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Mastercard’s Threat Scan Helps Banks Detect Vulnerabilities

PYMNTS

As weaknesses in authorization systems can be exploited by online thieves, financial services firms are more vulnerable to hackers and get hit 300 times more often than other businesses, according to the Boston Consulting Group. Threat Scan is part of our multi-layered security strategy to secure the payments ecosystem,” said Johan.

Boston 177
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B2B Investors Set Sights On Data, AI, Analytics

PYMNTS

Cross River, which did not disclose its valuation, said it will use the funding to invest in its compliance infrastructure and expand staff levels as it continues to collaborate with FinTech startups, allowing them to gain access to Cross River’s client base without needing to secure their own banking license.

Analytics 176
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‘Google Checking,’ T-Mobile Data Breach Top This Week’s News

PYMNTS

The data did not reportedly include password information, Social Security numbers or financial information. 25) that it secured $1 billion in new funds from Japan’s SoftBank and China’s Alibaba affiliate Ant. Amazon has opened an online store , establishing a presence on Chinese online shopping site Pinduoduo.

Google 129
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Function Over Flash

Independent Banker

In a Federal Reserve Bank of Boston survey of mobile banking and payment services released in August, roughly three-fourths of about 600 community banks and credit unions in five Federal Reserve districts that were polled were offering some kind of mobile service. An ATM or branch locator is another standard mobile function. Check ordering.

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Function Over Flash

Independent Banker

In a Federal Reserve Bank of Boston survey of mobile banking and payment services released in August, roughly three-fourths of about 600 community banks and credit unions in five Federal Reserve districts that were polled were offering some kind of mobile service. An ATM or branch locator is another standard mobile function. Check ordering.

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Staying competitive in the era of ‘open banking’

NCR

With a potential implementation date of early 2018, the system would enable personal customers to share data securely with other banks and third parties, allowing management of accounts with multiple providers through a single app. Other proposals would require banks to: Publish objective information on service quality online and in-branch.

Retail 98
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Who’ll Rule The Future Of Commerce?

PYMNTS

The Grand Bazaar was the mastermind of the ruling Ottoman Empire , which thought that organizing thousands of merchants into a single location for shoppers to visit would establish Istanbul as an important trading center, boost economic development in the region and add to the ruling party’s wealth. For centuries, it did.

Online 128