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Director Of National Intelligence Warns Of Coming IoT Security Threat

PYMNTS

According to Director of National Intelligence Daniel Coats, smart devices are more than an attractive target for hackers for profit — they could also be the launching ground for attacks on U.S. intelligence efforts in the future. “Russia is a full-scope cyber actor that will remain a major threat to U.S.

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National ATM Council Says NYC Ordinance Is Costly, Burdensome

PYMNTS

The National ATM Council (NAC) argued in testimony to the Committee on Consumer Affairs of the New York City Council last week that a proposed ordinance would impose costly and burdensome new security regulations on ATM operators all around the city. said Renard in the same press release.

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Russian Bank Promsvyazbank Lowers Security Deposits That Go To Visa, Mastercard

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has lowered its security deposits that go to Visa and Mastercard, reported RT.com. The report noted security deposits are often used to show lenders a bank can meet its debt obligations. “We Security deposits are still presented in the payment systems, so we deliver on our commitments.”. percent from 17.5 percent.

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Here is our Digital Banking Playbook

South State Correspondent

Bankers don’t know what they don’t know, and few bankers outside of national and regional banks have experience with platform selection when it comes to digital banking platforms. Present a cohesive ecosystem and product set to customers and employees. The same goes for data, analytics, artificial intelligence (AI) and security.

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FBI Director: China Wants To Steal US Tech By ‘Any Means Necessary’

PYMNTS

At the end of 2018 , the United States Department of Justice (DOJ) said it was going to charge two Chinese nationals for a hacking campaign that affected multiple companies and the military, including 100,000 members of the U.S. The men operated under a hacking group called “Advanced Persistent Threat 10,” or “APT10.”

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Visa, NFL Team Up For Cashless Football Games

PYMNTS

Visa will be working with the National Football League (NFL) on fully digital, cashless payments for the Super Bowl, a press release says. Visa also unveiled the “Visa’s Guide to Touchless Payments: A Key To The Return Of Live Events,” which is a step-by-step guide for leaders looking to apply touchless payments globally.

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How to Set Your Strategic Planning Time Horizon

South State Correspondent

For example, at present, return on equity performance is about 12% for the average community bank. A three-year time horizon isn’t long enough if say you want to take your lending platform nationally such as specializing in lending on robotics. Securities add no long-term value while loans contribute about 10% ( HERE ) to value.

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