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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.

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Early Days: AI Shows Promise And Limitations For Retailers

PYMNTS

Retailers can engage with an “AI lite” strategy that produces lookalike customer data and a level of predictive analytics. Suppose a regional fashion retailer with an eCommerce presence has 100,000 customers in its data base. Not so fast. At one level it’s just that easy. But the present and future of AI in retail is much richer.

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Building A Better Digital Bridg For Customers

PYMNTS

Digital companies like Amazon have long demonstrated the effectiveness of precision marketing through online and social media, but it’s been impossible for restaurants and retail operating in the brick-and-mortar world to duplicate those capabilities,” said Jain. They also accelerated the adoption of our new online ordering platform.

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How to Offset an Evaporating Data Center

Gonzobanker

Numerous applications, including card processing, online banking and bill pay, are overwhelmingly being outsourced. Attracting and keeping technology talent at a regionally based financial institution is a constant struggle. Tech Talent Famine. Maintenance and Speed to Updates. Cards are a perfect example. Evaluate the costs.

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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. Jim Van Dyke, CEO of Javelin Strategy & Research in Pleasanton, Calif.,

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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. Jim Van Dyke, CEO of Javelin Strategy & Research in Pleasanton, Calif.,

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Not a Session at Acquire or Be Acquired: Culture

Jeff For Banks

When Raphael Reznek, CIO of Mascoma Bank, spoke about the biggest challenge to launch online account opening: "our internal culture". Mike Butler of Radius, although a lifelong banker, came from outside of the region and implemented a business model and cultural change at his bank with new management and a "fast fail" innovation culture.