PYMNTS

SEPTEMBER 20, 2017

New York Governor Andrew Cuomo announced that he wants credit reporting firms to comply with the state’s new cyber-security regulations in the wake of the massive Equifax hack , according to Reuters. If the companies fail to register, they could be barred from doing business with financial companies regulated by New York State.

Cyber Security 100

Cyber Security Report New York Massachusetts 100

PYMNTS

JANUARY 29, 2018

finds companies are unprepared for the upcoming General Data Protection Regulation (GDPR). 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 new report released in the U.K.

Cyber Security 112

Cyber Security Survey Regulation Security 112

PYMNTS

FEBRUARY 24, 2020

The country’s government and regulators are keeping pace with those in the European Union and the U.S. Foreign firms and regulators tend to think of Chinese laws as either too strict, wide-reaching or lax — perceptions that have failed to keep up with local regulations’ developments. “In Confronting the Chinese Privacy Myth .

Regulation 160

Regulation Policies Data Compliance 160

PYMNTS

DECEMBER 3, 2018

According to a report in the Wall Street Journal citing cyber security specialists, the breach in which the personal information of as many as 500 million customers was exposed began in 2014, going undetected until September of 2018. The hack could hurt Marriott’s reputation at a time when it’s fighting off the likes of Airbnb.

Cyber Security 122

Cyber Security Security Cards Resources 122

PYMNTS

AUGUST 30, 2016

Singapore’s financial authority said it will look to consolidate exiting legislation related to payment systems, stored value facilities and remittance businesses in order to create a new combined regulatory framework. MAS will also establish a new National Payments Council (NPC) in Singapore as part of the oncoming reforms.

Fintech 101

Fintech Cyber Security National Regulation 101

PYMNTS

DECEMBER 20, 2017

The company announced this week that it deployed a “blockchain-inspired” technology to manage collateral in its ledger and facilitate the sending of cash and securities. The distributed ledger platform was developed by Baton Systems. Many firms have been craving for a jurisdiction to regulate them.”.

blockchain 135

blockchain Cyber Security Groups Regulation 135

American Banker

DECEMBER 15, 2020

Federal banking agencies want to give the industry a hard deadline for notifying their regulators about serious security breaches and failed system upgrades.

Report 70

Report Regulation Security System 70

FICO

JANUARY 18, 2023

The third annual State of Responsible AI in Financial Services report released today, alerting the industry to come together and self-regulate its use of AI. More than ever, I believe this year’s report sounds the alarm bell for financial services firms, signaling that the industry must come together to self-regulate its use of AI.

Analytics 52

Analytics San Diego Regulation Compliance 52

NCR

DECEMBER 2, 2016

This is clearly an area with huge potential for growth and innovation, but as more and more financial institutions (FIs) jump on the biometrics bandwagon, one of the big concerns for law enforcement agencies and regulators will be the evolving threat of fraud. This is a significant milestone in the evolution of payments.

Security 40

Security Payments Cyber Security Regulation 40

Cisco

OCTOBER 4, 2022

In June 2021, following large cyber attacks on the United States and the resulting Executive order on Cyber security, the FFIEC released the largest update in guidance in over a decade to help financial auditors assess financial institutions.

Operations 118

Operations Software Risk Management Management 118

Banking 2020

NOVEMBER 8, 2015

Open APIs are a key part of wider transformation in the banking industry and will become much more common as regulation forces banks to open up their systems. In Europe, this is being enshrined into national law as part of the PSD2 regulation, which comes into force in 2016. ” Progress?

Cyber Security 40

Cyber Security Payments Security Regulation 40

FICO

OCTOBER 26, 2022

The AI Bill of Rights is the first step toward similar regulation of AI and machine learning algorithms. A first step toward AI regulation. The march toward AI regulation in the United States, now kicked off with the AI Bill of Rights, is a familiar pattern. America’s AI Bill of Rights is the Right Idea – and It’s About Time.

Handbook 52

Handbook Analytics San Diego Regulation 52

CFPB Monitor

SEPTEMBER 3, 2019

Each of these initiatives provides valuable new resources for both banks and non-banks to stay apprised of changing state regulatory systems and technological advances that impact the financial services industry. State regulators are encouraged to provide copies of pertinent guidance documents they issue for inclusion in this repository.

Tools 60

Tools Industry Online Resources 60

Jeff For Banks

FEBRUARY 4, 2023

Additionally, the implementation of new policies by the government, such as changes to taxes and regulations, could also influence economic outlook. 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

NCR

APRIL 4, 2017

The issues of fraud and security should be forefront in the minds of every financial institution (FI) at the current time. Meanwhile, 72 percent of FIs expect to invest in cyber security training and awareness programs, while two-thirds (67 percent) will look to employ personnel with expertise in this area.

Cyber Security 49

Cyber Security Study Security Training 49

FICO

DECEMBER 1, 2022

This will allow updates to be integrated more smoothly into the existing rules and strategies of the larger artificial intelligence system. As a result, only about a quarter of companies have AI systems in widespread production. Scott serves on two boards of directors, Software San Diego and Cyber Center of Excellence.

Analytics 98

Analytics Phoenix San Diego Tools 98

FICO

JUNE 9, 2022

Rules-based Systems Continue to Underperform. However , t he adoption of AI and ML in money laundering detection has been slow due to mandated regulator scenarios that put at odds proof of compliance and, necessarily, an effective program. Scott serves on two boards of directors, Software San Diego and Cyber Center of Excellence.

Analytics 52

Analytics San Diego Cyber Security Data 52

PYMNTS

NOVEMBER 13, 2017

But not to worry, folks: This is just an inconvenient speed bump on the way to a future where cryptocurrencies – bitcoin and Ethereum and the 998 offspring they beget – become the underpinning of our new global financial system. PayPal’s India Push. said Randal Quarles, new member of the Fed’s Board of Governors. “I

St. Louis 108

St. Louis cryptocurrency Cyber Security Fintech 108

FICO

AUGUST 8, 2022

I’m not sure that qualifies as Humble AI, but the engineer’s proclamation certainly brought attention to the idea of an Artificial Intelligence system should be able to recognize its own limits. This notion is gaining serious traction as the regulation of AI is becoming increasingly emboldened. Scott received his Ph.D.

Data 96

Data Analytics San Diego Alaska 96

Lex Sokolin

AUGUST 5, 2019

Capital One recently suffered a data breach resulting from poor security practices that exposed 100 million credit card applications and accounts. Two years back, Equifax lost 140 million identities, again from poor security practices. Instead, let’s take a more systemic approach. Here is our factbase. It is useless.

Data 40

Data Security System US 40

Lex Sokolin

AUGUST 5, 2019

Capital One recently suffered a data breach resulting from poor security practices that exposed 100 million credit card applications and accounts. Two years back, Equifax lost 140 million identities, again from poor security practices. Instead, let’s take a more systemic approach. Here is our factbase. It is useless.

Data 40

Data Security System US 40

Celent Banking

OCTOBER 12, 2016

Cyber risk is typically treated in parallel with other technology risks; the IT department is motivated to focus on securing the vulnerabilities of individual system components and proffers a micro view of security concerns. We continue to prove that the approach of the IT department managing cybersecurity is not working.

Risk Management 100

Risk Management Operations Management Security 100

PYMNTS

AUGUST 12, 2016

Then, there was the announcement of Square Capital’s partnership with Upserve , a restaurant management system (the same one that also acquired Breadcrumb from Groupon in May) to extend working capital to restaurants. to curb and curtail intelligence hacking in American systems. Apple And The Aussies.

Lending 100

Lending Apple Cards Study 100

Tomorrow's Transactions

NOVEMBER 7, 2014

The event had three main themes: The future of UK financial regulation and British competitiveness post-FSA. Cyber Innovation: for example, behavioural analytics; the rise of private cyber cash, new payment platforms, mobile banking, privacy and consent, economics of cyber security. From Rustat Conferences ].

Analysis 58

Analysis Bitcoin Fraud Cyber Security 58

American Banker

JUNE 9, 2016

Regulators need to start paying attention to "denial-of-system" attacks as one of the triggers that could bring down a systemically important institution.

Regulation 28

Regulation System Cyber Security FDIC 28

American Banker

AUGUST 3, 2016

The situation turns on whether the CFTC inadvertently pushed Bitfinex to adopt a weaker security system than it had been using. However, the way the bitcoin exchange used the new system was significantly flawed, security experts said.

Bitcoin 28

Bitcoin Security System Cyber Security 28

American Banker

OCTOBER 24, 2016

A cybersecurity information-sharing group for the financial services industry has moved forward with a plan to create an arm dedicated to combatting threats to the largest banks.

Groups 28

Groups System Industry Cyber Security 28

Cisco

JUNE 7, 2019

While the days of the good ol’ “stickup” bank robbery, cybersecurity threats are rapidly growing in number and complexity, and even the most advanced security teams scramble to keep up. Banks can no longer distinguish hacker from customer, and just like that, traditional perimeter security is rendered useless. Fighting fire with fire.

Fraud 63

Fraud Retail San Diego Cyber Security 63

American Banker

OCTOBER 19, 2016

A strong and dynamic risk detection system requires focusing on the most important blind spots not satisfactorily explained by existing tools, rather than focusing on the "answers" produced by those tools.

Tools 28

Tools System Cyber Security Compliance 28

Cisco

JUNE 7, 2019

While the days of the good ol’ “stickup” bank robbery, cybersecurity threats are rapidly growing in number and complexity, and even the most advanced security teams scramble to keep up. Banks can no longer distinguish hacker from customer, and just like that, traditional perimeter security is rendered useless. Fighting fire with fire.

Fraud 48

Fraud Retail San Diego Cyber Security 48

American Banker

MAY 12, 2016

Hackers believed to be working from China accessed the computer systems of top officials at the Federal Deposit Insurance Corp., according to a top House lawmaker investigating the incident.

FDIC 28

FDIC Data System Cyber Security 28

American Banker

JUNE 1, 2016

The drumbeat of news about hackers stealing millions of dollars by gaming the Swift interbank messaging system should have been a wake-up call for banking executives, but it's unclear how many of them answered it. Is it too late for them to shore up their defenses?

System 28

System Cyber Security Regional National 28

NCR

NOVEMBER 14, 2016

Of the myriad mechanisms, sectors and services that make up the global financial system, one of the fastest-growing is the payments space. One of the objectives of this change is to strengthen consumer protection, while enhancing anti-money laundering standards and cyber security. ” Europe prepares for PSD2.

Payments 40

Payments Regulation Cyber Security National 40

FICO

AUGUST 28, 2020

Until recently, most consumer-facing organizations have relied on username and passwords to secure accounts. Plus, consumers don’t like passwords as a security measure. Our recent survey found that only 40 percent of people are prepared to use username and passwords for security, while password management causes people real problems.

Management 52

Management Security Cyber Security social media 52

American Banker

JUNE 3, 2016

Comments by JPMorgan Chase's Jamie Dimon have added fuel to the long-discussed idea of a national database that would make it easier for banks to vet customers for anti-money-laundering and other risks.

National 28

National Cards Cyber Security System 28

American Banker

JUNE 3, 2016

Comments by JPMorgan Chase's Jamie Dimon have added fuel to the long-discussed idea of a national database that would make it easier for banks to vet customers for anti-money-laundering and other risks.

National 28

National Cards Cyber Security System 28

American Banker

MAY 1, 2024

intelligence agencies and systemically important financial entities. A new policy directive aims to fortify critical infrastructure by enhancing collaboration between U.S.

Policies 77

Policies System Cyber Security Security 77