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BIS To Open Four New Innovation Hubs Over Next Two Years

PYMNTS

The Bank for International Settlements ( BIS ) Innovation Hub is planning on adding four new locations in Europe and North America, according to a press release. The Innovation Hub was launched in 2019 as a way for central banks to collaborate on various innovative solutions to problems, PYMNTS reported.

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Top Reasons to Promptly Upgrade Your AML Software

Abrigo

While many are minor application enhancements, some are bug fixes or critical cyber security enhancements that should be updated immediately. Let’s face it, most community financial institutions don’t get the IT support needed when it comes to their AML software. FinCEN Strengthens Commitment to Digital Innovation.

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Some Fintech Podcasts To Add To Your List

William Mills

BIG is hosted by Best Innovation Group’s John Best. This podcast features topics around lending, payments, fintech, innovation and more. CU Broadcast is a Credit Union talk show featuring game changers, innovators and ambassadors in the industry. BreakingBanks is also available on Soundcloud and iTunes. CU Broadcast.

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Banks battling a barrage of cyber attacks

NCR

According to an Accenture survey , senior bank staff who participated believe their cyber security defenses are secure even though one-third of attempts by cybercriminals to breach banks are successful. Online fraud is one of the biggest challenges for the financial community. Cardless ATM transactions are one example.

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What Does Your Wearable Tech Tell a Cybercriminal?

FICO

And these attacks don’t need to be targeted at individuals; cybercriminals often like to test their prowess at exploits just to gain notoriety in the hacker community. Finally, wearables that can be used to make payments are vulnerable on both fronts: financial data and physical security. Why wearable data is catnip for hackers.

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AI Governance: A Critical Component of Corporate ESG Initiatives

FICO

I recently had the pleasure of addressing the global FICO community from the mainstage of FICO World 22. Explore our State of “Responsible AI:2021” report , which polled 100 C-level leaders on how they are ensuring AI is used ethically, responsibly, securely and in their customers’ best interests. Thu, 05/12/2022 - 10:29.

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Jack Henry Annual Conference 2017 – Fintech, AI and Cyber Security

William Mills

Futurist Mike Walsh, CEO of Tomorrow, a global innovation consultancy, gave a fantastic keynote presentation about how regional and community financial institutions can plan to thrive in an age of artificial intelligence (AI), automation and data overload. Together, the possibilities are endless.