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Data privacy: How to keep customer data safe

Independent Banker

But as the prevalence of security breaches grows, so do the opportunities for community banks to position themselves as guardians of their customers’ personal data through compliance, technology and relationship building. Monitor credit reports and bank account activity to timely identify and prevent fraud and identity theft.

Data 91
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Banks Fight Back Against ‘Fake Grandchild’ Scammers Who Target Seniors

PYMNTS

Get ready for even more fake grandchildren when it comes to payments fraud. That might not seem much in a nation with some 50 million people over the age of 65, but that number of reported cases is double what it was five years ago, according to the federal agency. Among the most common methods of fraud is the fake grandchild scam.

Fraud 187
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From China With Love: AI, Robotics, AR/VR Are Hot Areas For Chinese Investment In US

CB Insights

At issue are concerns that such investments could help China expand its technological and military abilities. Which Technologies Chinese Investors are backing in the US. Meanwhile 19% of US tech deals with Chinese participation in the first half of 2017 took place at the Series B stage.

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Dr. Alexa? How Voice Assistants Can Cure Patient Billing’s Ills

PYMNTS

Global technology market advisory company ABI Research recently asserted that cities may not be sufficiently investing in IoT security even as they deploy more and more of the technology. The September IoT Tracker explores recent 5G explorations and IoT applications and limitations. Around The IoT World. Two Democratic U.S.