PYMNTS

JANUARY 27, 2021

Financial institutions (FIs) around the world are confronting these issues with numerous digital implementations , as 85 percent of banks are offering some form of digital account opening, for example. One study found that the use of malicious botnets to register false accounts increased by more than 70 percent in Q3 2019, for example.

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Security Innovation Fraud Study 213

PYMNTS

JULY 31, 2020

Many are thus turning to gig marketplaces, which can help them connect to programmers and other technology professionals, Dave Messinger , chief technology officer at Topcoder , said in an interview with PYMNTS. . Pandemic-related challenges have forced employers to find new ways to quickly attract and onboard talented workers.

Technology 142

Technology Security Knowledge Base Meeting 142

Perficient

MARCH 30, 2023

Security Traditionally, information was said to be most secure when separated and segmented. However, the cloud’s structure makes data segmentation more complex and potentially more vulnerable if the correct security measures are not followed. For many, this means starting their journey using microservices.

Training 492

Training Security Data Regional 492

PYMNTS

NOVEMBER 20, 2020

Getting the customer service angle right is so crucial to CUs’ success that many CUs are investing in emerging technologies to help them better hit their marks. Rousseve explained that advanced technologies such as AI-powered platforms with data analytics features are starting to create more personalized opportunities for CU members.

Technology 253

Technology Indiana Michigan Tools 253

PYMNTS

OCTOBER 25, 2020

Touting 5G data speeds that are already 25 times faster than current 4G technology (and will eventually be 100 times faster), the two companies said the security, reliability and ultra-low lag times will bring increased efficiency and reduced costs.

Technology 257

Technology Samsung Mobile United States 257

Perficient

FEBRUARY 22, 2023

The Summit brings together experts in the field, including bank executives, technology vendors, and consultants, to discuss the latest advancements in automation and its impact on the banking industry. Perficient will also bring insight surrounding the banking industry’s growing use of blockchain to the Summit.

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Trends North Carolina Customer Experience Charlotte 474

PYMNTS

SEPTEMBER 23, 2020

Senior citizens are the demographic group most vulnerable to identity fraud, as they are often not as digitally savvy as their younger counterparts nor as adept in online security best practices. Large investments in security measures are necessary for banks to protect themselves and their customers from this menace. billion ($8.9

Technology 208

Technology Report Fraud Study 208

PYMNTS

NOVEMBER 13, 2019

IoT providers have hit an innovation streak in recent years, utilizing increasingly sophisticated technologies such as artificial intelligence (AI) and data tools like machine learning (ML) to rapidly expand the world of connected things. All of this will be accomplished with an emphasis on security and user safety.

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Security Innovation Technology Software 193

PYMNTS

JULY 10, 2020

All the while, other technologies, from contact tracing apps to digital immunity passports, are working their way into the dialog surrounding healthcare. Contact tracing technology is in the headlines as businesses, schools and other organizations search for ways to limit the risk of contagion. Around The Digital Identity Ecosystem.

Security 208

Security Indiana Meeting Data 208

PYMNTS

APRIL 24, 2020

Some have added support for in-branch digital technologies such as video banking screens and upgraded ATMs to minimize in-person contact while making sure customers’ needs are met, for example. Some are closing physical branches or changing the customer channels they leave open, for example. Digital Technologies Under COVID-19.

Technology 248

Technology ATM Video Tools 248

PYMNTS

FEBRUARY 28, 2019

It was led by “Energize Ventures and Lux Capital, each of whom invests heavily in companies, fundamentally advancing how society implements and utilizes advances in technology,” Zededa said in a statement. IoT Security Concerns. Security Upgrades? IoT Payments Growth.

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Security Survey Course Data 198

PYMNTS

DECEMBER 14, 2020

At a time when our nation’s secrets at the NSA and Homeland Security and assets at the Department of the Treasury were able to be illicitly tapped into by foreign hackers, the security and reliability of countless other online industries and enterprises have also been brought into question.

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Google Security Washington Risk Management 192

PYMNTS

APRIL 22, 2020

Jonathan Knudsen , senior security strategist at Synopsys , said in an interview with PYMNTS that a secure, standardized security framework can help various ecosystems move toward 5G with confidence. The wireless technology is between 10 to 100 times faster and more data rich that the 4G that we are accustomed to. “The

Security 195

Security How To Course Software 195

PYMNTS

JUNE 5, 2020

Such solutions can “empower people to control their financial well-being,” Andrew Davies, vice president of global market strategy and financial crime risk management at financial services technology company Fiserv , told PYMNTS in a recent interview. The federal entity is charged with monitoring the U.S.

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Security Fintech Data Fraud 174

PYMNTS

DECEMBER 17, 2019

FIs must thus find ways to shore up such weak points if they wish to keep their customers loyal and secure. The Technology Gap That Fosters Fraudsters. FinTechs often market themselves as technologically savvy, claiming they have created innovative digital tools that improve upon established banks’ offerings.

Technology 142

Technology Fraud Data Security 142

PYMNTS

MARCH 18, 2019

Gill asserts that most financial institutions, left to their own devices, may end up following a less than optimal path to innovation, and not because they have selected the “wrong” technology solution, since in Gill’s experience, what’s “wrong” for one FI might be right for another. Technology spend gets mistaken for branch transformation.”.

Technology 237

Technology Innovation Strategy System 237

PYMNTS

NOVEMBER 9, 2016

A revamp, a redo, a new and improved model — from technology to your latest spouse. Enter 3-D Secure 2.0. The vision that is in place now, he added, is one where, as aided by 3-D Secure 2.0, “we can enable borderless commerce,” where goods and services should be able to be delivered from anywhere in the world. It’s ubiquitous.

Security 190

Security Payments CA Technology 190

Abrigo

JULY 5, 2020

Key Takeaways Credit unions participating in the Paycheck Protection Program (PPP) found that the right technology helped them serve business members when they needed help and also gain new members. Technology can facilitate delivery on credit unions' brand promise of relationship-based services. get started.

Technology 195

Technology Lending Capital Meeting 195

PYMNTS

OCTOBER 19, 2018

The Nationwide fourth annual business owner survey released at the end of last month, which surveyed 1,000 small and mid-sized business owners about their views on cybersecurity, found that an overwhelming majority – 91 percent – use connected technology. Automation also provides the ability to aggregate data.

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Study Security Survey Data 191

PYMNTS

AUGUST 23, 2019

Security and compliance are also vital components in ensuring that payments are delivered safely and without delay. Lee explained, “For example, when banks try to solve these issues individually, they only see one small piece of the puzzle.” This is equally true of technology in anti-financial crime processes. KYC Issues.

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Compliance Security Payments Community 192

PYMNTS

SEPTEMBER 10, 2019

Companies therefore must either invest in teams of AML specialists or in fraud-fighting technologies. . The September AML/KYC Tracker examines the latest fraud challenges and efforts to ensure tight security and compliance. . Cannabis delivery platform Eaze Technologies was recently targeted by misconduct allegations as well.

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Security Fintech Fraud Compliance 185

PYMNTS

MARCH 25, 2019

Thus, IoT security is becoming an essential part of modern conversations. Department of Homeland Security (DHS) and data security and privacy practice chair of D.C.-based A lot of the devices we’re talking about have no security. They weren’t built with security in mind, and there really isn’t any way to patch them.”.

Security 205

Security Data Regulation Washington 205

PYMNTS

NOVEMBER 13, 2020

Technologies such as automation and blockchain are thus receiving more attention from businesses, especially as the volume of data that accompanies cross-border transactions expands. Speed and security have always been a priority for firms in this space, but the pandemic is placing added weight on these considerations.

Technology 162

Technology Payments blockchain Security 162

PYMNTS

JANUARY 2, 2020

One user of a Google Xiaomi Mijia home security camera recently got a shock when they discovered their device projecting images from another person’s home. The user, who went by the name /r/Dio-V, specified the device as a Xiaomi Mijia 1080p Smart IP Security Camera, which can be linked to one’s Google Home/Assistant via Xiaomi’s Mi Home app.

Google 130

Google Security Video Examples 130

Perficient

JUNE 1, 2022

All broker-dealers who are FINRA member firms have an obligation to report transactions in TRACE-eligible securities under an SEC-approved set of rules. TRACE time reporting requirements have numerous intricacies based on the security, the issuance status of the security, and the time of day reporting occurs.

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Report Security Regulation System 294

PYMNTS

MARCH 2, 2020

The hacker exploited a misconfigured security firewall to breach the system and covered her tracks so well that Capital One did not notice the issue for three months. The cloud security space needs to completely rethink its options if such strong systems can still be breached. Traditional Cloud Security Measures Are Not up to Snuff .

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Security Fraud Google Capital 224

PYMNTS

NOVEMBER 23, 2020

Conversely, mobile check deposit capture is real-time — and, depending on bank technology solutions, may provide real-time access to at least part of the funds. Edwards told Webster: “You can use modern technology to attack this fraud” and also ensure greater confidence in making services available digitally to good customers.

Fraud 252

Fraud Mobile Technology Course 252

PYMNTS

NOVEMBER 26, 2020

Social Security Administration, for example, requires recipients using its website to provide unique eight-digit codes sent via text to their smartphones in addition to their usernames and passwords when they sign up or log in. . It also outlines some of the frictions entities face when doing so. .

Security 174

Security social media Fraud Retail 174

PYMNTS

FEBRUARY 3, 2020

Such transparency between buyers and sellers allows the economy to quickly grow — but also presents fraud and security challenges. Tapping details that complicated requires technologies able to isolate patterns invisible to humans. AI’s role in sharing verification. percent worldwide during 2019 despite anti-fraud innovation efforts.

Security 132

Security Fraud Tools Online 132

PYMNTS

APRIL 29, 2020

Banks have not faced issues in fulfilling their obligations to their various customers, Caldeira said, and technology has not proved a hindrance to meeting demand as businesses and individuals look for increased assistance in navigating a new reality of digitally delivered financial services. For them, the transition has been seamless.”.

Technology 142

Technology System Meeting Resources 142

PYMNTS

JUNE 14, 2018

The Securities and Exchange Commission’s (SEC) leading authority on bitcoin, cryptocurrency and initial coin offerings (ICOs) has ruled that some well-known cryptocurrencies like bitcoin and Ethereum are not securities. As such, they can expect to come under the regulatory control of the SEC and relevant securities laws.

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Bitcoin Security San Francisco cryptocurrency 159

PYMNTS

APRIL 16, 2020

Businesses are doing their part by having employees work from home, but some companies are struggling to keep operations secure as opportunistic fraudsters aim to take advantage of the pandemic’s disruption. companies said they could meet all their payment obligations with staff working remotely, for example.

Security 130

Security Fraud Tools Survey 130

PYMNTS

MARCH 11, 2019

These systems can provide restaurants with the ability to check their inventories or update their menus, for example. But interest in this technology is not limited to the food and beverage space, and is gaining traction in many different verticals. At the same time, new technologies are coming on the market to serve these merchants.

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Retail Technology Atlanta San Francisco 213

Perficient

SEPTEMBER 21, 2023

For example, if we want to automate the service chatbot and case handling in Salesforce for purchase issues, we will likely want to pull past order history and shipping/tracking information into the available data set. Some data may exist in secure warehouses, others within Salesforce, or Amazon Web Services S3.

Data 491

Data Tools Customer Experience Security 491

Abrigo

OCTOBER 7, 2016

The benefits of utilizing e-commerce technology are readily apparent to us because they are personal: We find what we are looking for; we find it at a cheaper price; we can get it more quickly. Technology can also provide tangible benefits to a business, and in many cases, those benefits are financial. Reducing the IT burden.

Technology 170

Technology Boston Software Study 170

PYMNTS

MARCH 6, 2019

The Federal Trade Commission (FTC) has requested comment on the proposed amendments of two rules that protect the privacy and security of customer data held by financial institutions (FIs). The Safeguards Rule, which went into effect in 2003, requires FIs to develop, implement and maintain a comprehensive information security program.

Security 151

Security Exercises Data Trends 151

PYMNTS

FEBRUARY 20, 2020

The Tracker also analyzes how payment technologies and methods may be changing to keep freelancer needs met. New Jersey became one of the more recent states, for example, with its regulation designed to make freelancers and independent contractors legally distinct from self-owned businesses and other such organizations.

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Security Regulation New Jersey Payments 161