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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. The final chapter in the digital banking transformation has not been written.

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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 and network security.

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4 considerations for banking leaders concerned about cyber security

NCR

An Information Security Officer (ISO) is mandated by federal regulations and plays a critical role in today’s digitally interconnected world. He or she is the bank officer responsible for administering and ensuring the effectiveness of the information security program for the bank. Cyber Incident Response Plan.

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Inside China’s Cyber, Financial Regulatory Changes And Challenges

PYMNTS

as they upgrade their online data and financial rules to support global digital banking innovations. Banks and merchants may also need to confront outmoded perceptions of Chinese cybersecurity and banking laws and be aware of the government’s role in enforcing such rules. Confronting the Chinese Privacy Myth .

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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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Cybercrime is digital banking's greatest threat, bankers say

American Banker

About 90% of surveyed bankers said cybersecurity was their biggest worry, ahead of legacy tech and talent shortage issues.

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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