Remove Cyber Security Remove Fraud Remove social media Remove Technology
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Social Media Can Make Bank Customers Susceptible To Scams

PYMNTS

Unintentionally making themselves targets for scammers, customers may become vulnerable to fraud by complaining to banks on social media when systems crash. After problems with an information technology migration locked thousands of clients out of accounts at the U.K.’s

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The cyber security threat landscape in financial services

Insights on Business

Gary Meshell, WW Leader Financial Services, IBM Security, opened his IBM Think 2019 talk, How Financial Services Companies Should Respond to Cyber Security Attacks with a bold assertion and truism. IBM and TD Bank jointly developed cyber security incident response solution for the financial services industry.

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Two Cyber Security Investments With a Silver Lining

Banking 2020

The technology protects everything from online transactions and network remote access to social media, personal and business information. According to the Federal Trade Commission, only 26 percent of stolen identities are used for credit fraud. Do your customers know about these other types of fraud?

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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. The team also consists of Rachel Morrissey, executive producer of Fintech5, and Mike King, a fintech social media leader and author of Bankwide. Topics include fintech, risk management, blockchain, fraud detection and more.

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Banks battling a barrage of cyber attacks

NCR

According to an Accenture survey , senior bank staff who participated believe their cyber security defenses are secure even though one-third of attempts by cybercriminals to breach banks are successful. Online fraud is one of the biggest challenges for the financial community. billion by 2020.

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Frictionless Payments Take Center Stage at Money 20/20

Gonzobanker

This year’s Money 20/20 event in Las Vegas drew a massive attendance with 11,000 individuals, 4,500 companies, tons of new technology, and a mind-blowing expanse of collective brain power. My colleague Ryan Rackley summed it up perfectly when he referred to social media as the “new tattoo.”.

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NTechLab’s FindFace Facial Recognition Technology Has Applications In Retail, Public Safety

PYMNTS

FindFace started as a futuristic social technology for identifying strangers by scanning their faces with a smartphone camera. Two years later, the facial recognition technology is the best in the world (yep, even better than Google’s) and is being used for public safety, law enforcement and fraud prevention through cybersecurity.