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Top Reasons to Promptly Upgrade Your AML Software

Abrigo

While many are minor application enhancements, some are bug fixes or critical cyber security enhancements that should be updated immediately. When your AML software is hosted with a secure vendor, they will handle all upgrades and service packs with seamless updates to your AML systems. Let your vendor do the work for you.

Software 195
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M-Pesa open API part of wider payments progress

Banking 2020

Announcing the API, Safaricom said it expects developers to create a range of innovative solutions for businesses and consumers using the mobile money service, one of the most successful in existence. A big perceived threat around these changes is security. Banks are worried about access to their systems, but perhaps need to do more.

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5 Cyber Predictions for 2017: Will Your Fingerprints Get Hacked?

FICO

From the Bank of Bangladesh/SWIFT heist in February to the Dyn DDoS attack a few weeks ago, the year’s wild attacks have one thing in common: They were proof that hacker innovation is on a growth trajectory. Consumers will care a lot more about the security of the companies they do business with. That’s the bad news.

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Banks and fintechs – how should they collaborate?

NCR

It found that while 92 percent of respondents expect to collaborate with fintech firms in the next 12 to 18 months in order to address a gap in innovation, there is much debate about what form such initiatives should take. The key barriers to fintech innovation. This figure falls to 23 percent for the rest of the industry.

Fintech 80
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4 AI Predictions for 2023: From the Great Correction to Practical AI

FICO

Clearly, not every company that wants to safely deploy AI has the resources to do so. Scott is actively involved in the development of new analytic products and Big Data analytics applications, many of which leverage new streaming analytic innovations such as adaptive analytics, collaborative profiling and self-calibrating analytics.

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FICO’s New AML Scores Use AI and Machine Learning to Detect More Money Laundering

FICO

I’m proud of the innovation FICO’s data science organization continues to infuse into our solutions, and am excited to blog about the two new AML Scores. Scott is most recently focused on the applications of streaming self-learning analytics for real-time detection of cyber security attacks.

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Are you onboard with AI?

NCR

Ask any tech enthusiast to list the innovations they are most excited about at the moment, and there’s a good chance artificial intelligence (AI) will be pretty close to the top of that list. By using the latest cutting-edge AI technology, financial services providers can innovate and significantly reduce time to market.