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Will 5G Be Secure Enough During Early Deployments?

PYMNTS

As retailers, payments providers and consumers prepare for the coming 5G world, there remain concerns about how well that mobile network technology will protect consumer privacy and security. 5G Security Holes? As well, the 21-page report found that 5G “security goals are underspecified,” among other problems. Government Role?

Security 143
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CSBS Launches Three Online Tools for the Financial Services Industry

CFPB Monitor

The creation of this portal allows financial service industry regulators across the country to compile regulatory guidance in one centralized location, making it easier for both regulators and the industry to identify and maintain best practices in their businesses.

Tools 60
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How Does ChatGPT Describe the Economy and Banking?

Jeff For Banks

At Bank Director's Acquire or Be Acquired conference , I had a sidebar conversation with a longtime friend and banking industry investment banker about ChatGPT, which stands for Chat Generative Pre-Trained Transformer. Assistance in cyber security measures, such as "Describe the 2021 Kaseya ransomware attack.";

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The Surprises Edition: Ethereum, PayPal And The Fed

PYMNTS

I think that in the regulated area … we ought to be looking at the implications of the growth of FinTech … I think we ought to be looking at cyber[security], obviously.”. banking regulators need to pick up the pace in their efforts to confront the risks FinTech companies pose to the banking sector. “We

St. Louis 108
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'The Furthest Thing from Uber': Overheard at Digital Banking 2016

American Banker

Bankers, fintech entrepreneurs, regulators and other financial services players gathered in New Orleans last week to discuss the future of the industry at American Banker 's Digital Banking 2016 conference. Here are some of the highlights of the conference. For more, check out the hashtag #digibank16 on Twitter.

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Doing something about cybercrime, cyberterrorism and cybersubversion (not)

Tomorrow's Transactions

This reminded me that I had similar thoughts last year, when the organisers of the University of Cambrige’s Rustat conference on “The Cyber Revolution in Global Finance” were kind enough to invite me along to their event and take part in a panel discussion about Bitcoin and the future of money.

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BA To Reveal Fine Print On GDPR Fines?

PYMNTS

In the wake of the news earlier this month that British Airways had found, and reported, a data breach within the 72 hours mandated by the General Data Protection Regulation , the question remains: How much is it going to cost, if anything? According to Bank Info Security , quoting U.K.-based Facebook Faces Regulators’ Ire.

Data 152