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Today In Payments: Mastercard’s Cyber Secure Helps Fight Cyber Fraud; Amazon Focuses On Fulfillment After Record Quarter

PYMNTS

In today’s top news, Mastercard reveals its AI tool Cyber Secure to help banks fight cyber breaches, and Amazon reported record-setting earnings. Mastercard’s Cyber Secure Uses AI to Help Banks Fight Cyber Fraud. Likewise, Alphabet reported a strong Q3, thanks in large part to renewed consumer spend.

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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. And that’s why some researchers and mobile technology observers are sounding what amounts to preemptive alarm about 5G. 5G Security Holes?

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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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CSBS Launches Three Online Tools for the Financial Services Industry

CFPB Monitor

Each of these initiatives provides valuable new resources for both banks and non-banks to stay apprised of changing state regulatory systems and technological advances that impact the financial services industry. State Regulatory Guidance Portal. A link to the State Survey Map of Money Transmission Laws is available here.

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“Humanware” Is the Weak Link in Cyber Defenses

FICO

When FICO hosted the Business Continuity Institute Forum covering the South and East of England at our London offices last month, you might have expected technology to top the agenda. But what dominated the discussion among more than 40 business continuity and cyber security experts was not malware but “humanware” — that is, people.

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Some Fintech Podcasts To Add To Your List

William Mills

Fintech5 features key financial industry and technology influencers who are changing the game. Bank on IT features a wide variety of experts, interviewed by John Siracusa, founder/creator of the #banksocial conference. BankSocial is hosted by John Siracusa, founder/creator of the #banksocial conference. Breaking Banks.

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3 Reasons to Visit INFORMS 2016, April 10-12, in Orlando

FICO

The INFORMS conferences continue to unveil game-changing approaches that businesses are using advanced analytics such as optimization to literally transform lives and businesses. Also, Scott Zoldi, FICO’s CAO and a renowned thought leader on fraud analytics, will speak as part of the event’s Fraud Detection and Cyber Security track.