Privacy

157 articles tagged with this keyword

/security

Mobey Forum report reveals ‘privacy blind spot’ in digital banking industry

In today’s data-driven world, the banking industry relies too heavily on legacy data privacy enhancing technologies.

/identity

EU announces European Digital Identity and Wallet framework

The European Commission today proposed a framework for a European Digital Identity to be available to all EU citizens, residents and businesses in the EU as early as September 2022.

/security

Americans trust banks over fintechs and Big Tech with personal data

Americans trust traditional banks more than government agencies or fintechs - and far more than Big Tech - to safeguard their personal data, according to a BIS survey.

/identity

EBAday 2021: How a digital ID may shape the future of European payments

During October 2020, the European Council called for the development of an EU-wide framework for secure public electronic identification (e-ID), including interoperable digital signatures, to provide people greater control over their online identity and data, and to access public, private and cross-border digital services.

/payments

EBAday 2021: Finding European synergy in the transition from Open Banking to Open Finance

Pioneering a defined strategy in 2020, the European Commission outlined its intention to adopt a legislative proposal for a new Open Finance Framework by mid-2022.

/crime

Rabobank and ABN Amro target privacy-friendly data analysis

ABN Amro and Rabobank are working with research outfit TNO to test technology that lets banks share data used for detecting financial crime while still respecting clients' privacy.

/security

Personal financial data protected by EU-funded DEFeND Project

From the end of March, the new platform is ready to enhance security, privacy, data protection and personal identity.

/crypto

Davos 2021: Singapore senior minister on finding the dark horse in digital currency race

Finextra is at Davos this year, covering global insights into the impact fintech has on wider issues such as responding to Covid-19, restoring economic growth and advancing a new social contract.

/retail

GFT acquires minority stake in start-up One Creation

GFT Technologies and One Creation are announcing that GFT is acquiring a minority stake in the data rights start-up.

/identity

CaixaBank participates in EU research consortium to develop a personal data protection platform

Together with another 11 international companies and organisations, CaixaBank has initiated a new benchmark project focusing on the protection of privacy and personal data as outlined within the framework of the Horizon 2020 programme, funded by the European Union.

/security

Data privacy fintech Glantus hails ISO27701 certification

Glantus the award-winning provider of accounts payable automation and analytics solutions, today announced that the company has achieved certification for ISO 27701 for Privacy Information Management System (PIMS) making it one of the world’s first finance software companies to do so.

/security

Cost of cybercrime to exceed $1trn in 2020

The worldwide move to remote home working has contributed to a massive rise in cybercrime costs which are expected to top $1trn for the very first time this year.

/cloud

Microsoft’s Satya Nadella on how to build partnerships ‘beyond two ships passing in the night’

Months after striking a deal with Microsoft to become a ‘cloud-first’ bank and migrate all core applications to the cloud by 2025, Bill Winters, group chief executive of Standard Chartered joins Satya Nadella, CEO of Microsoft at Singapore Fintech Festival 2020 to discuss resilience, the future of digital transformation and why a good partnership is central to achieving this.

/Privacy

Securing the API Ecosystem

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/security

Swift Community Update: Combatting the cyber threat

Whether you work at a bank or at the treasury desk of a large corporate, most of us are working remotely and becoming increasingly dependent on digital processes. This dependence can increase vulnerabilities to cyber attacks.

/cloud

Electrifying cloud migration with strategy and security

The cloud can power innovation for financial institutions. As reported by McKinsey, 70% of banks are reviewing their core banking platforms and are beginning to leverage the potential that cloud-native services can deliver, as well as the offerings provided by technology vendors.

/crime

ECB monitors cyber resilience in face of Covid-19 threat actors

Appearing at Sibos 2020, Fiona van Echelpoel, deputy director general, ECB, dove into the biggest cyber threats facing financial services as the Covid-19 pandemic continues to unfold.

/regulation

ICO’s new code to protect ‘datafied’ children

Having come into effect on 2nd September, the ICO’s Age Appropriate Design Code has dealt firms a new raft of cumbersome data protection requirements to implement within a 12-month transition period.