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The CBA launches cyber security toolkit for newcomers

The Paypers

The Canadian Bankers Association has announced the launch of its new cyber security toolkit, developed for newcomers in the region of Canada.

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Four Steps for Managing Third-Party Cyber Security Risk

FICO

regions, cloud)? Is this a new relationship or an established one? What is the size of the supplier relationship? What is the financial strength of the supplier? Where does the vendor operate (e.g., What data is shared with the supplier? Which certifications and standards are maintained by the supplier? if necessary?

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SICO Bank partners with Beyon Cyber

The Paypers

SICO BSC , a Bahrain-based regional asset manager and investment bank (licensed as a wholesale bank by the CBB) has signed a contract with Beyon Cyber for managed cyber security services.

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Australia, New Zealand Take A Hard BEC Scam Hit

PYMNTS

While the business email compromise (BEC) scam is a global pain point for businesses, this week's B2B Data Digest looks at the latest figures in B2B payments fraud and finds BEC heating up in one particular region: Australia and New Zealand. In total, about $104.5 million erroneous payment resulting from a BEC scam.

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Inside China’s Cyber, Financial Regulatory Changes And Challenges

PYMNTS

Financial institutions (FIs) and merchants from other regions have been dipping their toes into the Chinese market, but open banking has compounded the difficulty involved in setting up operations. The country’s government and regulators are keeping pace with those in the European Union and the U.S.

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Disruptive technology will not kill banks

Jeff For Banks

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. How long before those corporate accounting system providers strike a deal with some regional or national bank to provide seamless views to corporate customers?

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Banks and fintechs – how should they collaborate?

NCR

A recent report from law firm Simmons & Simmons, for example, sheds some light on the questions banks in the Asia-Pacific region have about working more closely with these new players. But not all banks are ready, or even willing, to do this. Concerns remain about fintech collaboration.

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