A Future-Ready Approach: Journey to the Cloud

Accenture

Banks need a clear approach to eliminate their legacy technology debt and attain future-ready systems. This series of blogs looks at the future of banking in Growth Markets in a post-COVID-19 world.

System 201

Three success factors in security operations

Insights on Business

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. They are looking for end-to-end security operations that are flexible and scalable, data-driven and applied with automated, operational accuracy. In my mind, success follows with three operational goals: 1.

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FAA OKs American Robotics Drones To Fly Without Human Operators

PYMNTS

The Federal Aviation Administration is letting commercial drone-maker American Robotics operate drones without on-site pilots — but with a number of caveats, according to a decision recently posted on the agency’s website.

Uncovering the Hidden Efficiencies in Loan and Deposit Operations

Gonzobanker

Addressing common loan and deposit operations process inefficiencies can help financial institutions deliver optimized value to customers and stockholders. Now, a shift is under way in FIs’ operational units as the conversation turns to transforming legacy banks into “smarter banks.”.

MLOps 101: The Foundation for Your AI Strategy

Machine Learning Operations (MLOps) allows organizations to alleviate many of the issues on the path to AI with ROI by providing a technological backbone for managing the machine learning lifecycle through automation and scalability.

Chase and Intuit Launch API for Secure Customer Data Sharing

Bank Innovation

The companies signed an agreement this morning, giving customers the option to authorize Chase to electronically share financial data securely with Intuit’s financial management applications, such as Mint, TurboTax Online and QuickBooks Online. Corporate Innovations Mobile Operations PFM Retail Security Technology Chase Intuit MintChase and Intuit may have just solved the main issues with account aggregators.

Report: Price Of Jumia Technologies Expected To Soar In 2021

PYMNTS

Analyses of investor sentiment and other factors point to the price of Nigeria-based online marketplace Jumia Technologies soaring through 2021 and beyond, London Loves Business reported. ADRs are equity securities that let U.S.

NCR Looks To Buy ATM Operator Cardtronics For $1.7 Billion

PYMNTS

Retail and hospitality technology firm NCR Corporation is looking to acquire ATM operator Cardtronics for $39 per share, or about $1.7 billion.

The To Do List for Security Token Platform operators

Daily Fintech

Sheldon Freedman will return next week with the last of his 4-parter on Security Tokens. What do entrepreneurs and investors want and how do their needs offer a To Do List to Security Token platform operators? Innovation comes from deep pain meeting disruptive technology. Security Tokens can tokenise just about any asset. To Do List for Security Token platform operators. It is NOT hard to get Security Token issuers (aka entrepreneurs).

U.S. Bank Is Hiring An ‘Innovation Leader’ To Boost AI Operations

Bank Innovation

Corporate Exclusive Operations Security Technology AI Dominic Venturo innovation group machine learning US BankBank wants to revamp its Innovation group with a new artificial intelligence leader. The job posting is vigorous, to say the least. The new hire will be responsible for establishing an “Artificial Intelligence and Machine Learning practice within the U.S.

What’s your Bank’s Technology and Innovation Budget?

Bank Innovation

And for banks, making sure regulatory and security compliance is met on each technology undertaking only makes those costs larger. Capital Daily Post 3 Exclusive Innovations Online Open Fintech Operations Payments Premium Retail Security accelerator Blockchain cryptocurrency innovationInnovation is expensive.

What’s your Bank’s Technology and Innovation Budget?

Bank Innovation

And for banks, making sure regulatory and security compliance is met on each technology undertaking only makes those costs larger. Capital Daily Post 3 Exclusive Innovations Online Open Fintech Operations Payments Premium Retail Security accelerator Blockchain cryptocurrency innovationInnovation is expensive.

Mastercard Selects New President For European Operations

PYMNTS

He will be tasked with developing strategy, direction and comprehensive success of Mastercard’s operations across 53 countries in Europe. He added that he is eager to build on the company’s ideology to “drive new technology and innovation” and to be the “partner of choice.” .

MonetaGo, GUUD Team On Secure Transactions

PYMNTS

MonetaGo , which specializes in blockchain technologies, and GUUD Company , which focuses on making international trade smooth, have teamed up on international financial transaction security, MonetaGo announced in a press release.

CyberArk Gets Patent For Security Risk Detection Technology

PYMNTS

Patent and Trademark Office for security risk detection technology. CyberArk said the technology has been implemented in the CyberArk Discovery and Audit (DNA) tool, which enables security professionals to quantify privileged account security-related risks and gain visibility into the attack surface that exists within enterprises. Security & Fraud Cyberark Hackers News security & fraud What's Hot

Reimagining The Bank As A Technology Company

PYMNTS

Intimidated by the scale and cost of a massive technological overhaul, large financial institutions (FIs) may approach their digital transformation (DX) journeys gradually, targeting various areas of operations to modernize one-by-one.

How Customer Reviews Provide Lifeblood For Restaurant Operations

PYMNTS

How Customer Reviews Provide Lifeblood To Restaurant Operations. Customers can find out where their peers are happily returning after good experiences, for example, while eateries can invest time in digital platforms that provide prospective diners with information to secure their patronage.

Airports Expand Range Of Digital Identity Technology

PYMNTS

The identity verification firm, which has been around since the early 2000s and was formed in the aftermath of 9/11, offers a subscription service that gives passengers the option to move more quickly through security lines at over 60 airports and sports stadiums around the United States.

Ready Or Not, Faster Payments Will Impact Corporate Operations

PYMNTS

Corporate payments still don’t have a clear role in driving the adoption of faster payment technologies and systems in the U.S. However, regardless of how corporates adopt faster payment technologies, many experts agree that the acceleration of payments in the country will have profound effects on the broader financial services space, and those changes are likely to impact how companies manage money and operate in a new ecosystem of payments innovation.

Volante Technologies Accelerates Market Convergence For Santiago Exchange

PYMNTS

Cloud payments and financial messaging provider Volante Technologies Inc. It handles 98 percent of the overall volume traded in the local securities market and represents 90 percent of Chilean associated stockbrokers.

Mastercard: Digital Identity Aligns Security With Consumer Experience

PYMNTS

After countless data breaches and hacker attempts on their personal data, consumers are pretty well fed-up with the problem and have taken on a zero-tolerance stance, the recent PYMNTS and NuData Securing eCommerce study said. Smoothing Out The Secure eCommerce Journey .

Deep Dive: How Automation And The Cloud Can Improve Operational Efficiency In Payments Processing

PYMNTS

Automated compliance systems can help FI staff ensure that their AML and KYC compliance is up to code, as these systems can perform thousands of security checks in the time it takes a human staffer to handle just a few.

IoT Device Security Flaws Stalk Medical Providers, Blunt Innovation

PYMNTS

Unfortunately, these devices are a challenge to secure, and hackers have taken note. Tshuva even goes so far as to say that hacking concerns due to security flaws have held innovation back. Security Before Connectivity.

David’s Bridal Marries Security And Omnichannel Payments To Build Consumer Trust

PYMNTS

Retailers operating in each of these channels — or across both — must be especially sure to meet consumers’ payment requirements, but this comes with its own challenges. It also analyzes why robust security and digital identification measures are necessary in this regard.

QR Code Technology Finds New Digital-First Use Cases

PYMNTS

And according to PYMNTS’ most recent QR Codes Payment Tracker , the technology is expanding to new use cases as its adoption continues to provide contactless options for restaurants, retailers and even contact tracing for COVID-19 tracking in the U.K.

Verizon Buys Drone Operator

PYMNTS

In a press release , Verizon said Skyward, which is based in Portland, adds drone management to the Verizon IoT portfolio, making drone operations easier to manage for any size company. companies rely on Skyward to manage drone operations, improve safety and lower operating costs. With the deal, businesses small and large can turn to Verizon for integrating, managing and wirelessly connecting their drone operations.

Trulioo: Dramatic Fraud Spike Threatens Secure Digital Future

PYMNTS

A massive spike in fraud of all kinds has taken businesses by surprise and left them scrambling for solutions, Trulioo Chief Operating Officer Zac Cohen told Karen Webster in a recent conversation. Security & Fraud biometrics Coronavirus Featured News fraud News podcast Security trulioo

Fraud 254

Boston Airport Partners With Accesso For Virtual Security Line

PYMNTS

Boston Logan International Airport is partnering with the high-tech ticketing firm accesso Technology Group to pilot a virtual security line, accesso announced in a Thursday (June 3) press release.

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Securing The New Commerce Normal

PYMNTS

For all that has changed dramatically in the last several weeks due to the coronavirus pandemic, consumers are still looking for the same two core offerings in every transaction, no matter what it is or where it takes place: seamlessness and security.

Mastercard’s New President Of Operations And Technology On Payment’s ‘Third Wave’

PYMNTS

Mastercard today announced the appointment of CIO Ed McLaughlin to president, Operations and Technology. In an interview with PYMNTS’ Karen Webster, McLaughlin spoke to the developments and challenges in the latest payments industry shift toward device-based and contextual commerce, the role of operations and technology in meeting consumer demand and what’s next for payments on the global stage — especially as it relates to financial inclusion.

How to secure finance on the front line

Accenture

Financial institutions are widely considered to have a stronghold on elite cybersecurity skills and technologies of any industry—and for good reason. The post How to secure finance on the front line appeared first on Accenture Banking Blog. Uncategorized cyber security

Payments Providers Combat The Conflict Between Security, User Experience

PYMNTS

In financial services, demand for ease of use and security are sky-high, even for business customers. Greater Security Without Compromising UX. Financial services firms deploy more and more point security products to cover the gaps created by the expanding attack surface,” he explained.

Farmhouse Market’s Remotely Operated, 24/7 Grocery Store

PYMNTS

The pair ultimately designed a concept that could operate without any on-site staff to solve this quandary. “We We looked to technology to assist us,” Rasmusson said. Designing For Security And Remote Management . Farmhouse Market does not have an open-door policy, however, and instead relies on a variety of security technologies. The market’s security system and video cameras further help identify potential shoplifters or other issues.

Hudson To Add Amazon’s Just Walk Out Technology To Its Popular Airport Convenience Stores

PYMNTS

The Hudson Group plans to add Amazon’s Just Walk Out technology to some of the popular convenience stores the chain operates at more than 1,000 North American airports, train stations and other landmarks and tourist destinations. .

InAuth Partners with Zelle to Leverage Device History for Mobile Security

Bank Innovation

Security provider InAuth just announced a partnership with Zelle—the old clearXchange, for those who are still not used to the rebrand —in order to provide better mobile security on the Zelle app when it’s launched sometime in the first six months of 2017. Knowing what the [mobile] network operators know Read More. Mobile Payments Security Technology IBM IBM Security InAuth Mobile Payments mobile security Zelle