article thumbnail

Four Steps for Managing Third-Party Cyber Security Risk

FICO

regions, cloud)? Cyber insurance is a rapidly growing area of specialty coverage for carriers. The Cyber Insurance Market Report, published by Allied Market Research, forecasts that the global market for cyber risk coverage is expected to garner $14 billion by 2022, registering a CAGR of nearly 28% during the period 2016-2022.

article thumbnail

Jack Henry Annual Conference 2017 – Fintech, AI and Cyber Security

William Mills

Futurist Mike Walsh, CEO of Tomorrow, a global innovation consultancy, gave a fantastic keynote presentation about how regional and community financial institutions can plan to thrive in an age of artificial intelligence (AI), automation and data overload. Together, the possibilities are endless.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Inside China’s Cyber, Financial Regulatory Changes And Challenges

PYMNTS

billion-strong, high-spending consumers and their willingness to adapt to new technologies, trends and products may represent the economy of the future for many banks and businesses, but it is notoriously difficult for firms to enter and compete in this market. Chinese regulatory shifts mean world changes .

article thumbnail

Disruptive technology will not kill banks

Jeff For Banks

The branch is king, and if you don''t have one in a market, you will not succeed there. Aside from the cyber security of it, let''s think of the implications from a corporate accounting system that wants to interact directly with the bank''s core. Was Vanguard a disruptor? Do you think your bank customers had an Orange account?

article thumbnail

Embracing disruption at Bank Innovation Ignite with IBM

Insights on Business

But it is possible to gain control and establish a proactive foundation of well governed, compliant security upon which these cloud projects can be built and managed. IBM has helped many regional and global organizations along this path with everything from migrating existing workloads to forward-looking projects such as blockchain and AI.

article thumbnail

The Surprises Edition: Ethereum, PayPal And The Fed

PYMNTS

But that is changing as more consumers in the region are embracing digital methods and purchase channels, and the payments industry is pegged to grow ten-fold to $500 billion by 2020. With that in mind, the competitors are lining up: Amazon , Apple and Google are all pushing to enter India’s growing and expanding market.

St. Louis 108
article thumbnail

Crossing the COVID-19 Chasm (in Days, Not Months)

FICO

Those who succeed are strong innovators and accelerators of market change. Second, there are strong parallels about innovation, its function as an enabler of market change, and the extent to which companies embrace it.