PYMNTS

OCTOBER 12, 2020

is well-known for making products to defend computers that run its software from attacks, but on Monday (Oct. Payment systems also have become an increasingly common target of ransomware , which freezes computer systems and usually can only be deactivated by the perpetrators who caused it to be installed. Microsoft Corp.

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System Operations Security Technology 232

Perficient

JANUARY 28, 2021

As we mostly are working remotely these days, securing your space when you’re not in the safeguards of the office walls are critical. Perficient places a high value on data security and has several processes and tools in place to protect colleague and client information, but what about the everyday person?

Data 535

Data Security Software Community 535

Abrigo

MARCH 23, 2017

With the increased availability of useful data, analytical review procedures are becoming more important during the audit process. Technology enabled analytics can help overcome auditor bias and increase skepticism while also performing computations more quickly and accurately. By Jackie McLaughlin, CPA. About the Author.

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Analytics Technology Data Study 150

Perficient

NOVEMBER 30, 2020

Today, I will dive into the customer data management challenges financial companies might encounter when starting their personalization journey. Data management in any financial services firm is complex. It’s a data-intensive business. To add to this complexity, much of the data is unstructured. Data is also everywhere.

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Management Data Analytics Course 309

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.”.

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PYMNTS

AUGUST 21, 2020

Palantir licenses the Foundry and Gotham software and offers offline technology help as well as cloud computing offerings. Its technology is meant to assist in examining information. Securities and Exchange Commission (SEC), telling the organization about its plans. And, in June, Palantir Technologies Inc.

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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

SEPTEMBER 17, 2020

SWIFT , a global provider of secure financial messaging services, announced Wednesday (Sept. We will introduce data innovation that embeds risk and control elements expected from SWIFT, creating peace of mind for business-critical operations. The new approach promises to create new value-added services to support business growth.

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PYMNTS

NOVEMBER 4, 2019

Modern AR tools can alleviate those administrative burdens while providing faster, more secure collections procedures. This month’s Deep Dive examines the pros and cons of digitized AR approaches as well as the role that technologies such as AI can play in minimizing B2B pains. . Virtual Terminals and AI .

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Technology Tools Software Data 101

PYMNTS

AUGUST 21, 2019

The Linux Foundation has announced that it will be forming a consortium dedicated to boosting the adoption of confidential computing. The Confidential Computing Consortium is a leading indicator of what’s to come for security in computing and will help define and build open technologies to support this trust infrastructure for data in use.”.

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Data Google Security Industry 116

PYMNTS

DECEMBER 10, 2020

TSYS , a payment processing company, has suffered a ransomware attack and had some data posted online, according to a report from Krebs on Security. However, TSYS said the malware didn't jeopardize card data and that the attack had only targeted the company's administrative wing. "We This matter is immaterial to the company.”.

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BankInovation

NOVEMBER 21, 2022

Financial institutions (FIs) looking to securely store data amid rising cybersecurity threats and open banking regulations can look to confidential computing, a technology that encrypts sensitive cloud-based data while it’s being processed.

Data 52

Data Regulation Security Technology 52

PYMNTS

APRIL 8, 2020

financial institutions as they scrambled to apply for Paycheck Protection Program (PPP) loans under the Coronavirus Aid, Relief, and Economic Security (CARES) Act. And even as financial institutions began to smooth out the process, the initiative hit another snag Monday when reports emerged that the SBA’s computer systems had crashed.

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PYMNTS

AUGUST 4, 2020

Financial institutions (FIs) plan to spend 15 percent more protecting their computer networks in 2020 than they spent in 2019, according to a report based on the results of a survey conducted by Deloitte & Touche LLP and the Financial Services Information Sharing and Analysis Center.

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Survey Security Analysis America 265

PYMNTS

SEPTEMBER 23, 2020

Banks in the EU have been racing to comply with the General Data Protection Regulation ( GDPR ) and the revised Payment Services Directive ( PSD2 ) since both measures were enacted in 2018. He explained that the cloud can help FIs swiftly respond to compliance and security challenges during the pandemic. Security Takes Center Stage.

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Compliance Regulation Guidelines Security 225

PYMNTS

FEBRUARY 13, 2020

For a great example of an attempt at security that does much more to annoy legitimate consumers than to actually fend off fraudsters, look no further than CAPTCHA. And, as DataVisor ’s CEO and Co-founder Yinglian Xie told PYMNTS, they aren’t actually all that hard for computers to beat. Learning to Spot the Good Customers.

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Fraud Security Analysis Examples 245

PYMNTS

OCTOBER 21, 2020

T-Mobile said it will look to provide investment backing for companies developing new technologies and products in four different areas, including security, “edge compute,” the future of work and industrial IoT.

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Mobile Innovation United States Apple 209

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. billion connected devices globally. percent by 2024.

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Security Survey Course Data 198

PYMNTS

APRIL 23, 2020

More banks are therefore moving away from legacy core systems to embrace cloud-native architectures to power automation and meet the speed expected by consumers, securely. The bank is working with technology giants Google and Microsoft to create new cloud-based tools that will use their cloud computing software.

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Digital Banking Security Innovation Google 262

PYMNTS

SEPTEMBER 9, 2020

Berkshire Hathaway plans to invest more than $570 million in cloud data company Snowflake , which has filed for an initial public offering (IPO) of stock. The deal comes as the pandemic has boosted the stock prices of cloud computing companies. Snowflake’s website says it is a “cloud data platform.”.

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Data Report Company Technology 187

PYMNTS

MARCH 17, 2020

Simply put, the back-office systems are ill-equipped to handle the demands of technological innovation, especially as financial services cross channels. For many firms, with legacy infrastructure that has been in place for decades, scale becomes difficult. You don’t want to break your back-end systems,” Caldeira told PYMNTS.

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Innovation Payments System Security 228

Abrigo

JANUARY 6, 2017

Ellison-Taylor, chairman of the AICPA , recently noted that technology tops her list of the most important trends shaping 2017 because it will drive so many of the profession’s opportunities and challenges in the year ahead. But how are accountants supposed to keep up with all of the technological trends ?

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PYMNTS

MAY 29, 2020

Financial institutions (FIs) have been adapting their platforms and technologies to better suit the needs of more digital consumers for decades, but the coronavirus has placed new importance and pressure on accelerating these efforts. Legacy FIs are moving forward with their cloud-based plans despite infrastructure challenges.

Digital Banking 230

Digital Banking Innovation Online Technology 230

PYMNTS

JANUARY 14, 2020

in 2019 than ever before – 333,530 were granted, 15 percent more than in 2018, the global patent data platform IFI CLAIMS announced on Monday (Jan. Almost 50 percent of IBM’s 2019 patents related to “hot-button technologies such as artificial intelligence (AI), cloud computing, security, blockchain and quantum computing.”.

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US Connecticut Samsung Apple 150

PYMNTS

MAY 29, 2020

To monitor a home and to make sure all is safe and secure means you have to monitor the people and the activities inside. But, as he noted, it’s possible to see the desire to use such visual technology from the host’s point of view as they let strangers on the premises.

Security 252

Security Data Technology Training 252

PYMNTS

AUGUST 4, 2019

Thompson, on a charge of computer fraud and abuse. Thompson is a former employee at Amazon’s cloud-computing unit, and was allegedly able to find an opening in the financial institution’s systems and exploit a weakness in certain misconfigured networks, according to The Wall Street Journal. The gap is not a surprise.

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Capital Seattle Online Security 128

PYMNTS

SEPTEMBER 18, 2020

The Payments Innovation Alliance, a membership group that includes financial institutions (FIs) and payment providers, has released “ Voice Payments: An Introduction and Overview ,” designed to deliver information on conversational payments and enabling technologies, including voice assistants and smart speakers.

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Payments Exercises Resources Fraud 220

PYMNTS

FEBRUARY 9, 2020

Ransomeware hackers are striking more frequently, taking down computer networks across businesses, hospital and governments, the New York Times reported on Sunday (Feb. Companies paid an average of $84,116 in the last quarter of 2019 to get their files back from online thieves, according to data from security firm Coveware.

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Data New York Bitcoin Security 189

Abrigo

JANUARY 8, 2020

Some BSA professionals are excited for the promise of added security around transaction monitoring and fraud, while others are worried about the lack of security it provides their jobs. The system would apply the function(s) and return data categorized as ‘ducks’ and ‘not ducks.’ What is artificial intelligence? That's big.

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Software System Fraud Examples 195

PYMNTS

FEBRUARY 23, 2020

In the works are a new operational team and pilot projects as Inrupt strives to create a “massively scalable, production-quality technology platform.”. For the world to experience the true value of the web we’re building, we must address the vital issues related to privacy, trust and security,” he wrote in a blog post.

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Massachusetts Data Security Technology 179

BankInovation

OCTOBER 11, 2022

Deutsche Bank is extending its nearly 20-year partnership with information technology firm Kyndryl to support the bank’s cloud migration, according to an announcement today.

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Tools Technology Security Data 52

PYMNTS

AUGUST 11, 2019

Bill S2297 explained that the task force will study potential uses for blockchain technology on the state and local level, with an emphasis on medical records, land records, banking, and property auctions as potential applications. One or more processors detect one or more user’s browser events for a browser on a computer.

blockchain 137

blockchain Bitcoin NJ New Jersey 137

PYMNTS

NOVEMBER 6, 2019

Bank of America has teamed with IBM and its regulatory compliance arm, Promontory Financial Group, to create a cloud computing platform that has privacy, security and regulatory banking compliance protocols built in, according to a report by American Banker.

Compliance 101

Compliance Groups America Security 101

PYMNTS

OCTOBER 22, 2018

Self-driving cars, voice assistants, digital personal stylists, logistics, digital security — there is an application for AI and “smart computers” around almost every corner these days. I’ve been trying to introduce my mother to various kinds of technology for two decades with almost no effect. It’s All Math, All The Way Down.

Data 170

Data Technology Analysis Meeting 170

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. This includes appropriate financial, governance, and risk controls shared by lines of business and the information technology organization. Secure the brand.

Security 162

Security Operations Leadership Data 162

PYMNTS

DECEMBER 7, 2018

Not to ruin your holiday spirit, but let’s start this story with the cold and brutal truth: One of the largest risks that payments and commerce operators face in 2019 is being called to account by government officials, regulators or media about a failure to secure their organizations from cyberattacks. and other places. adults (for starters).

Payments 240

Payments Tools Security Regulation 240

PYMNTS

JANUARY 8, 2020

New York-listed Rockwell Automation is acquiring Israeli-based Avnet Data Security to deliver advanced cybersecurity services, Rockwell announced on Wednesday (Jan. The move also aims to expand Rockwell’s expertise in information technology and operational technology (IT/OT) cybersecurity services.

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Las Vegas Milwaukee Security New York 132