BankInovation

FEBRUARY 7, 2024

Jack Henry updated its tech modernization strategy during its fiscal second quarter, the technology provider announced during its earnings call today.

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PYMNTS

APRIL 10, 2020

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. “Banks are technology companies,” Rio Tinto recently told PYMNTS. ”

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PYMNTS

SEPTEMBER 9, 2019

The cybersecurity world is witnessing a potentially new, dangerous threat: according to insurance firm Euler Hermes, one of its corporates fell victim to cyber fraud after attackers used sophisticated artificial intelligence (AI) technology to impersonate the firm’s chief executive officer by mimicking his voice on the phone.

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PYMNTS

AUGUST 11, 2020

Spreedly , which works in accelerating global commerce via a secure, flexible platform for any payment type, has announced Christopher Hudel as chief information security officer (CISO), according to a press release. He said the opportunity is a good one because of the numerous ways the company meets payments and security needs.

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PYMNTS

NOVEMBER 10, 2020

Atlanta payments encryption firm Bluefin is partnering with New York mobile payments processor PAAY to advance eCommerce security. Founded in 2007 by Miles and John Perry, who serves as chief executive officer, Bluefin specializes in encryption and tokenization payment and data security. . also known as 3DS 2.0

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Perficient

NOVEMBER 11, 2020

TREND 2: The current landscape has underscored the importance of improving workflows , achieving greater clinical efficiencies and better integrating data across organizations through tools like natural language processing, remote process automation, and cloud-based technologies. The strategy imperative. Becker’s Hospital Review.

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PYMNTS

JANUARY 14, 2020

In financial services, demand for ease of use and security are sky-high, even for business customers. But cloud migrations are often complex, particularly when it comes to remaining compliant with the mounting regulatory initiatives designed to address growing security risks in the financial services arena.

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PYMNTS

OCTOBER 11, 2019

Money laundering has always troubled financial institutions, but today’s digital banking system creates additional complexities as fraudsters around the world take advantage of financial technologies to launder approximately $2 trillion annually. Consumers want speed and personalization, but they don’t want to sacrifice security,” he said.

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PYMNTS

DECEMBER 26, 2019

These bad actors are leveraging numerous methods — including false mobile apps, loyalty and reward schemes, ATOs, phishing and phone scams — to find and exploit security flaws. Fraud decisioning technologies, therefore, need to be applied in the appropriate scenarios to effectively combat cross-channel fraud.

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PYMNTS

MARCH 28, 2018

But because those financial implications are difficult to precisely calculate, corporates today are struggling with their cybersecurity strategies. Compromise Security For Customer Experience. Sometimes that comes as a tradeoff with security.”. Chargebacks affect the bottom line. They’re attacking your customers directly.

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Perficient

OCTOBER 19, 2020

Financial institutions must understand the new journey customers and colleagues have embraced in 2020 and begin to change their strategy from FI-focused to customer-focused for both the front and back office. The contact center must support: Appointment scheduling, coupled with the use of call-back technology.

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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.”.

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PYMNTS

JANUARY 27, 2020

Such firms cannot grow safely without robust security measures blocking fraud and other abuses from their offerings. Payment service providers (PSPs) must carefully attend to their know your customer (KYC) and know your customer’s customer (KYCC) checks, anti-money laundering (AML) strategies and other fraud prevention approaches.

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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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PYMNTS

AUGUST 31, 2020

In addition to steering their organizations through the murky and rocky waters of an economic downturn, treasury departments are securing a place at the decision-makers' table to offer higher-level guidance. Corporate treasurers have their work cut out for them like never before.

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PYMNTS

DECEMBER 31, 2020

Security challenges are mounting, too. PIN-based debit transactions are some of the most secure, but this payment method is being used less and less, with consumers instead turning to eCommerce and in-person contactless payments during the pandemic. 3D Secure 2.0 The Face of Fraud. Not all CP purchases are equally safe, however.

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South State Correspondent

FEBRUARY 22, 2024

After adjusting for risk and cost, individual securities and loans perform approximately the same. Securities add no long-term value while loans contribute about 10% ( HERE ) to value. What does matter is strategy. In an ideal world, a bank should set its strategy first and then find the duration of capital to match.

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PYMNTS

JULY 16, 2020

.” V-cards can support this effort as they offer a fully digital workflow to generate a one-time-use card number that can be used to quickly and securely make a payment without human intervention. There are several strategies finance and AP teams can take to migrate as much spend as possible to v-cards.

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Strategy Cards Tools Payments 171

Independent Banker

NOVEMBER 30, 2021

Here, a fraudster obtains a legitimate user’s details to take over their online accounts, enabling the theft of money or a credit card, according to Marianne Crowe, vice president in the Secure Payments Innovation and Research group at the Federal Reserve Bank of Boston. COVID-19 has spurred an increase in these remote authentication scams.

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Cisco

JULY 26, 2022

Cloud is where emerging operating models and technology will converge, and where many future products and services will be created that better future-proof the institution. Today’s financial leadership requires a degree of cloud fluency and commitment to an accelerated cloud adoption and deployment strategy. Secure the brand.

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PYMNTS

OCTOBER 17, 2018

17) that it has partnered with TokenEx for data security. In a press release , the companies said Bluefin and TokenEx will provide their platform security technologies to each company’s client base, including Bluefin’s PCI-validated P2PE solution for TokenEx clients and TokenEx’s cloud tokenization solution for Bluefin clients.

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PYMNTS

OCTOBER 14, 2019

Part of the problem is that money laundering controls are easier for fraudsters to anticipate than security measures for other cybercrimes. dollar as their currency of choice on the black market, which means American banks must alter their anti-fraud and AML strategies — especially as regulatory fragmentation divides the U.S.

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PYMNTS

AUGUST 16, 2019

billion connected devices in use worldwide, the appetite for IoT is only growing, with the technology being put to use beyond consumer products. Cities around the globe are looking to use the technology to address problems, such as by leveraging connected sensors to detect and report water system leakages. With more than 8.6

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BankBazaar

JANUARY 15, 2024

This blog navigates the complexities of smart savings, emphasising the power of compound interest, tax-efficient tactics, and the integration of technology to empower people to succeed in safeguarding their financial future. Once you are equipped with the right ideas and strategies, you will only go up and above.

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Strategy Taxes Cards Security 78

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.

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PYMNTS

JUNE 14, 2018

Equifax , the embattled credit scoring company announced Thursday (June 14) that it named Bryson Koehler as Chief Technology Officer. Equifax said Koehler will work with the company’s product, data and analytics teams to drive technology and data insights for customers and partners. ” .

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Payments Source

NOVEMBER 1, 2020

As the pandemic and economic downturn take their toll on consumer spending, the card companies are relying on scale, partnerships and subsidiaries to turn consulting, security and fast technology deployment into new and sustainable revenue streams.

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Strategy Security Cards Technology 166

PYMNTS

OCTOBER 2, 2018

Tanium, which provides organizations with an IT security platform, raised $200 million from Wellington Management, Baillie Gifford & Company and Adage Capital Management, pushing Tanium’s valuation up to $6.5 According to reports, Tanium addresses security friction within businesses caused by a disparate security strategy.

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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.

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PYMNTS

DECEMBER 18, 2018

As retailers, payments providers and consumers prepare for the coming 5G world, there remain concerns about how well that mobile network technology will protect consumer privacy and security. And that’s why some researchers and mobile technology observers are sounding what amounts to preemptive alarm about 5G. 5G Security Holes?

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PYMNTS

JULY 24, 2019

In the latest Digital Fraud Tracker , PYMNTS examines how fraudsters are utilizing mobile and app-based channels for fraud attacks, as well as why fraudsters are still relying on phishing as a major fraud strategy even as they increase their use of new technologies and techniques. Around the Digital Fraud World. CEO for N26.

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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. Digital Technologies Under COVID-19. British FI Nationwide U.K. Several U.K.

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ATM Marketplace

JANUARY 31, 2023

The implementation of a cybersecurity strategy based on the Lookwise Device Manager (LDM) solution, applies a comprehensive set of protection technologies, making it possible to secure key devices without interrupting operations or customer access to ATM services.

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Strategy Management ATM Security 53

Cisco

MARCH 3, 2021

There is an increased sense of urgency to Connect, Secure & Automate, and most importantly, to make Banking, Insurance & Wealth Management easier for customers, partners and stakeholders. Questions our clients and strategic partners are asking include: How will employees consume technology moving forward?

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PYMNTS

MAY 8, 2020

And an avoidable insult — as technology from Kount and others can help businesses see a customer more clearly. Kount’s strategy, Sevounts explained, is based around depth and breadth of data pulled from thousands of points. Developing For What’s Next.

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PYMNTS

JANUARY 21, 2021

The pandemic has driven consumers to make the bulk of their purchases online, leading many businesses and retailers to struggle with securing their digital infrastructures and payments processes while managing floods of orders. New Year, New Fraud Protection Strategies . Debit And The Fraud Catch .

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PYMNTS

DECEMBER 5, 2018

million patients may have been exposed, all thanks to a data breach at one of its vendors, healthcare technology provider AccuDoc Solutions. Risk mitigation isn’t a new concept, Simkins noted, but today’s organizations are often unfamiliar with the correct strategies they need to deploy when mitigating third-party cyber risk.

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