PYMNTS

JULY 22, 2020

And the actions on risk will help with the new, more comprehensive use of technology in peoples’ lives that has also come with more threat of risk, the release says.

Regulation 140

Regulation Bitcoin Cyber Security cryptocurrency 140

PYMNTS

FEBRUARY 6, 2019

Reuters , citing cybersecurity researchers, reported that the attack was part of a global hacking campaign initiated by the Ministry of State Security in China aimed at stealing intellectual property and corporate secrets. But if I put on my paranoia hat, this could have been catastrophic,” he said in the report. “If

Software 123

Software Company Cyber Security Security 123

PYMNTS

JANUARY 29, 2018

For the businesses that are aware, a bit more than a quarter said they’ve made changes to their operations in order to comply with the new rules aimed at data privacy and security. A press release published last week by gov.uk highlighted a government survey that found only 38 percent of businesses have even heard of GDPR.

Cyber Security 112

Cyber Security Survey Regulation Security 112

American Banker

JANUARY 24, 2024

The criminal hacking gang LockBit said it was behind a ransomware attack that shut down some of the operations of EquiLend, a financial technology firm that processes trillions of dollars of securities-lending transactions every month.

Lending 36

Lending Financial Technology Security Operations 36

Cisco

MARCH 3, 2021

Financial Services institutions have experienced unforeseen challenges and significant disruption during the Pandemic and beyond, but also unprecedented opportunities to accelerate growth and digitize business operations to enhance employee productivity, customer experience, and innovation. Now they ARE the business.

Strategy 77

Strategy Cyber Security Survey Security 77

PYMNTS

FEBRUARY 24, 2020

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 . The law is still ambiguous.

Regulation 160

Regulation Policies Data Compliance 160

PYMNTS

JUNE 15, 2017

Security isn’t just about catching the bad guys as they run away with store merchandise. And as part of a network, they can be a key piece in the preventative puzzle, triggering other elements of the security suite to activate. And surveillance isn’t just about identifying bad guys after the fact. and 10:00 a.m.

Fraud 101

Fraud Security Video Retail 101

PYMNTS

AUGUST 30, 2016

“It would also give MAS the flexibility to address emerging risks such as cyber security, interoperability, technology, and money laundering and terrorism financing. It is envisioned that activity-based regulation of payment service providers would build public confidence and encourage the use of electronic payments.”

Fintech 101

Fintech Cyber Security National Regulation 101

Abrigo

OCTOBER 31, 2014

The majority of professionals love technology. But when is too much technology just too much? Sageworks asked Don West, a member of the AICPA''s Information Management and Technology Assurance Section''s CITP Credential Committee the best ways to protect one''s self and business online. --. Use a Virtual Private Network.

Online 199

Online South Carolina Google Cyber Security 199

PYMNTS

DECEMBER 20, 2017

As more businesses join collaborative groups and invest in internal research and development (R&D) to explore using blockchain for new services, some firms have begun to use the technology themselves. This week, news from Citigroup, UPS and Vanguard signal interest in using the distributed ledger technology in the back office.

blockchain 135

blockchain Cyber Security Groups Regulation 135

Jack Henry

JULY 2, 2014

As an example, the governor of New York State recently directed his Department of Financial Services to conduct targeted cyber security preparedness assessments for all state-chartered banks and other banks “based” in the state.

Cyber Security 102

Cyber Security Compliance Security FDIC 102

Celent Banking

OCTOBER 12, 2016

Most cyberattacks succeed because of weaknesses in people, processes, controls and operations. This is the definition of operational risk. Therefore, it makes sense to tackle cyber risk with the same tools you use to manage operational risk.

Risk Management 100

Risk Management Operations Management Security 100

Cisco

APRIL 7, 2019

While banks work to build the right customer experience across channels, emerging technologies like voice-first banking and intelligent chat bots gain footing. How can firms provide rich customer experiences in an ever-changing environment without sacrificing security along the way? Cyber security is more than just “top of mind.”

Trends 64

Trends Cyber Security Big Data Analytics 64

Insights on Business

MARCH 5, 2019

Cyber security is no longer just a problem for the IT department, it is a business risk that affects your entire organization. . 5:30 – 6:00 pm Keynote: Integrating Cybersecurity & Operational Risk to Meeting Regulatory Compliance. IBM Client Center. 590 Madison Avenue. New York City. 5:00 – 8:00 PM.

New York City 70

New York City Cyber Security New York Risk Management 70

Insights on Business

FEBRUARY 21, 2019

Digitally transforming operations, operating models and technologies to compete in a changing industry structure. Optimizing risk, compliance and security. Too often cloud adoption can just happen, and security teams are asked reactively to make it secure and compliant.

Innovation 79

Innovation Seattle blockchain Customer Experience 79

PYMNTS

JUNE 8, 2018

based Immersive Labs for its cyber security war games demonstrates the enduring appeal of that adage. In addition, organizations — those with a long view, at least — have long done cyberthreat assessments, a process centered around checking anti-hacking technology and the credibility of cyberattack response plans.

Exercises 151

Exercises Louisiana Cyber Security Tools 151

PYMNTS

MAY 24, 2016

The ubiquity of new technology has reset customer expectations, creating a new standard for speed of service and user experience. Thanks to Netflix, which was quick to adopt this new technology, customers expect an intuitive user interface and around-the-clock availability with zero tolerance for errors. contact-form-7].

New Jersey 109

New Jersey Cyber Security User Experience Innovation 109

PYMNTS

SEPTEMBER 30, 2016

Prior to founding Forter, Michael was the VP Product & International Operations at Pango Parking where he was in charge of the deployment and adoption of Mobile Wallet technologies worldwide. Karen also serves as a member of the advisory board for several emerging companies.

Fraud 100

Fraud Data Cyber Security Study 100

Jeff For Banks

FEBRUARY 4, 2023

As described by ZDNet.com , "ChatGPT is a natural language processing tool driven by AI technology that allows you to have human-like conversations and much more with a chatbot. Vendor management due diligence, such as "Where can I find third-party reviews on the nCino loan operating system?";

United States 78

United States US Cyber Security Taxes 78

Perficient

APRIL 2, 2021

AI technologies, such as voice recognition and natural language processing (NLP), are being used to improve customer experience and to gain operational efficiencies. These technologies are also used to better target marketing in retail and customize trade recommendations in wealth management. Credit Decisions.

Regulation 309

Regulation Industry Risk Management Analysis 309

Cisco

APRIL 7, 2019

While banks work to build the right customer experience across channels, emerging technologies like voice-first banking and intelligent chat bots gain footing. How can firms provide rich customer experiences in an ever-changing environment without sacrificing security along the way? Cyber security is more than just “top of mind.”

Trends 48

Trends Cyber Security Big Data Analytics 48

Insights on Business

MAY 18, 2018

The model delivers better customer experiences, creates operational efficiencies, and can lead to new revenue sources. Financial institutions are leading the charge in building security immune systems, knowing they are most threatened. In my mind, success follows with three operational goals: 1. Efficiency.

Operations 93

Operations Security Cyber Security Customer Experience 93

FICO

DECEMBER 16, 2019

Fraud teams operate with lean structures. They have relatively small teams, considering the diverse breadth of activities that they are expected to undertake, and the emerging fraud risks from new technologies and services their organisations offer. by Mel Prescott.

Survey 52

Survey Fraud Cyber Security Compliance 52

PYMNTS

MAY 9, 2016

Prior to founding Forter, Michael was the VP Product & International Operations at Pango Parking where he was in charge of the deployment and adoption of Mobile Wallet technologies worldwide. Karen also serves as a member of the advisory board for several emerging companies.

Fraud 100

Fraud Online United States Cyber Security 100

FICO

AUGUST 9, 2016

When FICO hosted the Business Continuity Institute Forum covering the South and East of England at our London offices last month, you might have expected technology to top the agenda. But what dominated the discussion among more than 40 business continuity and cyber security experts was not malware but “humanware” — that is, people.

Cyber Security 40

Cyber Security Exercises Conference Security 40

NCR

JUNE 21, 2017

Technology marches on – will you? As my omni-channel whitepaper makes clear, such is the pace of change and evolution in the banking technology sector that what is seen as cutting-edge today will be treated as a bare minimum in just a few short years. Leading up to 2020, radically transformed bank models will emerge.

Strategy 88

Strategy Cyber Security Technology Retail 88

FICO

MAY 2, 2019

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. Sometimes these parties are business partners operating in the same automotive ecosystem.

Fraud 70

Fraud Data Cyber Security Risk Management 70

FICO

DECEMBER 1, 2022

I’m calling this new pragmatism Practical AI, and I predict this technology will rise in 2023 like a phoenix from the ashes of years of irrational exuberance around artificial intelligence. . Proper model package definition will improve the operational benefits of AI. Four Predictions for Practical Artificial Intelligence.

Analytics 98

Analytics Phoenix San Diego Tools 98

FICO

APRIL 7, 2016

For those of you who aren’t familiar, The Institute for Operations Research and the Management Sciences (INFORMS) is the largest society in the world for professionals in the field of operations research (O.R.), management science, and analytics.

Analytics 40

Analytics Cyber Security Conference Fraud 40

PYMNTS

JUNE 12, 2017

Dubbed the TSYS Foresight ScoreSM with Featurespace, this new tool is a fraud and risk scoring application that uses smart technology like machine learning to combat transactional fraud via cyberattacks. TSYS’s President and Chief Operating Officer, Pamela A. Joseph, commented on this joint effort in the company’s press release.

Fraud 100

Fraud Analytics Tools Operations 100

FICO

APRIL 12, 2017

It’s especially cool to see how FICO customers can realize associated benefits by using our behavioral analytic technology. IDC predicts that in 2017, behavioral analytics across compliance, fraud, and cyber detection and prevention will be in place at 15% of banks, helping them to avoid losses, regulatory fines and sanctions.

Analytics 49

Analytics Fraud Compliance Comparison 49

FICO

JANUARY 30, 2017

I talked about using the FICO fraud data consortium to determine when data shifts can invalidate the models and, more menacing, when these shifts reveal subtle new fraud patterns that can indicate the work of fraudsters and cyber criminals, who know how to go “low and slow” to evade detection. The tour continues.

Analytics 40

Analytics San Francisco Cyber Security Fraud 40

FICO

JUNE 9, 2022

Artificial intelligence (AI) and machine learning (ML) technologies have long been effective in fighting financial crime, used more than 30 years for fraud detection. With AML operations in many banks deluged with false positives, it’s no surprise that sophisticated money launders continue to evade detection. Scott Zoldi.

Analytics 52

Analytics San Diego Cyber Security Data 52

PYMNTS

NOVEMBER 13, 2017

The competition in India for digital payments dominance got that much more competitive this week with the announcement that PayPal has officially launched domestic operations in India. The move puts PayPal into direct competition with locally founded and Ant Financial-backed Paytm, the nation’s current leading digital payments firm.

St. Louis 108

St. Louis cryptocurrency Cyber Security Fintech 108

FICO

APRIL 10, 2020

Key takeaways: The COVID-19 situation exposed glaring weaknesses in businesses’ readiness to operate virtually, especially in areas like decisioning, which require huge volumes of diverse, real-time data. Companies scrambled to virtual operations, in some cases, with only limited access to critical systems. Then COVID-19 hit. .

Innovation 52

Innovation Data Strategy Operations 52

FICO

APRIL 10, 2020

Crossing the COVID-19 Chasm - Key takeaways: The COVID-19 situation exposed glaring weaknesses in businesses’ readiness to operate virtually, especially in areas like decisioning, which require huge volumes of diverse, real-time data. Companies scrambled to virtual operations, in some cases, with only limited access to critical systems.

Innovation 52

Innovation Data Strategy Operations 52

Banking 2020

MAY 14, 2015

America’s most recognizable banks, however, spend more just on technology. According to a recent report by McKinsey, banks that relentlessly standardize their IT infrastructure and application architecture spend an average of 41 percent less on day-to-day IT operations. billion, and popular toymaker Mattel is credited with almost $6.5

Cyber Security 40

Cyber Security Software Study Industry 40