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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. Evaluation of Risk.

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Internet Pin Debit: How It Can Protect Your Borrowers

SWBC's LenderHub

Security breaches are a perpetual part of our technologically advanced society. As a lender, you are tasked with meeting your borrowers’ needs for convenient online payment processing technology, while still ensuring the platform is secure. Risk Management Loan Payment Technology Fraud/Cyber Security'

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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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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. This is not just another payment option, but a third party online payment platform with no transaction fees and integrated lifestyle management tools.

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Are you onboard with AI?

NCR

Some will tell you it’s the next great frontier in technological exploration, while others might argue that AI, machine learning and robotics will create just as many concerns as opportunities. Royal Bank of Scotland will start using it for online communication from December 2016.

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The 2015 GonzoBanker Awards

Gonzobanker

It’s nice to see somebody passionate about using new payments technology to make banking easier and cheaper for the financially disadvantaged. Let’s see if better technology and delivery tools get the idea farther down the road this time. FFIEC’s Cyber Security Self-Assessment Tool. Vendor management. “I

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Four 2023 U.S. Policy Predictions for Financial Services Companies

FICO

In 2018, FICO introduced the UltraFICO Score , leveraging consumer-permissioned financial data combined with account aggregation technology and distribution capability to provide lenders with new insights and consumers with enhanced access to credit. This effort will provide a set of voluntary standards for businesses and others to adopt.