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Proposed new cyber security regulations will be a huge undertaking for financial institutions

Celent Banking

New York State Department of Financial Services (NYDSF) is one step closer to releasing cyber security regulations aided by the largest security hacking breach in history, against JP Morgan Chase. Mandated training of security will be required. Information security. Systems operations and availability concerns.

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Inside China’s Cyber, Financial Regulatory Changes And Challenges

PYMNTS

Financial institutions (FIs) and merchants from other regions have been dipping their toes into the Chinese market, but open banking has compounded the difficulty involved in setting up operations. as they upgrade their online data and financial rules to support global digital banking innovations.

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The top 4 trends banks can’t ignore in 2019

Cisco

While banks work to build the right customer experience across channels, emerging technologies like voice-first banking and intelligent chat bots gain footing. It’s clear intelligent assistants will begin to play a significant role in consumer digital banking transactions. Cyber security is more than just “top of mind.”

Trends 64
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The top 4 trends banks can’t ignore in 2019

Cisco

While banks work to build the right customer experience across channels, emerging technologies like voice-first banking and intelligent chat bots gain footing. It’s clear intelligent assistants will begin to play a significant role in consumer digital banking transactions. Cyber security is more than just “top of mind.”

Trends 48
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Stop Throwing Money at Cybersecurity

Celent Banking

Most cyberattacks succeed because of weaknesses in people, processes, controls and operations. This is the definition of operational risk. Therefore, it makes sense to tackle cyber risk with the same tools you use to manage operational risk.

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Prepaid’s Summer Of Uncertainty

PYMNTS

These products are, in fact, the underpinning for pure play digital banking services offered by innovators like Chime or Green Dot. “The lines become very blurry,” Fauss told Webster. It will just leave consumers who either need – or just reasonably want – another option, out in the cold.

Cards 100
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Waters meets with Swiss officials to discuss Facebook's crypto plans

Payments Source

and a bipartisan congressional delegation met with Swiss government officials last week to discuss Facebook’s plans to launch and operate a digital currency. House Financial Services Committee Chair Maxine Waters, D-Calif.,

Meeting 68