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4 considerations for banking leaders concerned about cyber security

NCR

Last month was National Cybersecurity Awareness Month, an initiative to provide consumers with the information they need to stay safe online, so in the wake of this, it is a good time for banks to consider whether all possible steps are being taken to protect their customers in our digitally connected world.

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Disruptive technology will not kill banks

Jeff For Banks

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. bank extinction BBVA Charles Schwab disruptive technology financial times ING Direct John Authers Quicken Loans Vang'

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SMBs Severely Underestimate Data Breach Costs

PYMNTS

It’s National Cyber Security Awareness Month, and industry leaders are zeroing in on some of the most vulnerable targets of cyber scams: small businesses. Stronger passwords. Paying closer attention to suspicious emails. Using public wi-fi with caution and safeguarding mobile apps. ” The U.S. ” The U.S.

Data 202
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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. Confronting the Chinese Privacy Myth .

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Shazam! Experts Fell For a Fake Product From A Nonexistent Company In A Fraud Test

Tech and Finance

Cyber security pros and risk analysts should be better than the average person at detecting fraud, but a little over three percent submitted their personal identification information to sign up for an app described as “Shazam for voice identification.”. million fraud complaints in the United States last year.

Fraud 31
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Next-Gen Biometrics: Using the Force of Habit

American Banker

Behavioral biometrics has already stopped several million dollars worth of online banking fraud at National Westminster Bank in London.

Fraud 28
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Online Fraud Victims Need More Help from Banks to Recover

American Banker

Banks have gotten better at detecting digital banking fraud, but the process of closing and reopening accounts is still a mess — and that is what could send more customers packing.

Fraud 28