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Today’s Cyber Risk Management

Cisco

In between these events, a different crisis began in the US sub-prime lending market. While operational risk is not a contributing factor in a pandemic, the COVID-19 pandemic’s impact on financial services’ digitization does correlate with a material rise in cyber risk. Regulatory Agencies Step Up. Digitization and Rising Complexity.

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Disruptive technology will not kill banks

Jeff For Banks

Lending Club funded $5 billion in loans since its founding in 2007. The cash management specialist wanted to advance the product set so corporate customers could use their own interface with the banking core system instead of using the bank''s online banking tool. Do you think your bank customers had an Orange account?

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Synthetic Identities: From Data Breaches to Auto Loan Fraud

FICO

As the US transitioned to hard-to-counterfeit EMV payment card technology several years ago, criminals flocked to card not present (CNP) fraud , often combining identity fragments and card numbers stolen in breaches to make illicit purchases online. Fraud and data breaches have always had a close, if destructive, relationship.

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Where Are We Now? 2022 Data Science and AI Predictions Revisited

FICO

In these blogs, I review the industry trends and developments in technology set to impact businesses. Humble AI is artificial intelligence technology that will know it’s not sure about the right answer. In the credit lending space, interpretable AI – and, by extension, interpretable ML – has become an increasingly well-used term.

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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. BreakingBanks is hosted by Brett King and is a podcast documenting technological changes to financial services, from banking to payments to money itself. This podcast features topics around lending, payments, fintech, innovation and more.

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Finovate, FinDEVr Alums Among Winners of 2016 Fintech Innovation Awards

Fintech Labs Insights

. “This award is recognition of the strength of our idea for peer-to-peer lending and the growth we have seen since then as the idea has moved mainstream,” Giles Andrews said. ” Innovation in Cyber Security / Anti-Fraud: Global Gateway by Trulioo – FinovateFall 2015. Innovation in Lending: Marketinvoice.

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FinDEVr Silicon Valley: Looking Back, Moving Forward

Fintech Labs Insights

Provided instant card-issuance technology to Bank of the Ozarks. Partnered with Trend Micro to bring better data encryption and authentication technology to businesses. Signed deal with Vision FCU to provide its money management app. Partnered with fellow Finovate alum NCR to launch new money management platform.