66 Results from 2020, /security
Paul Farrington
December is often a reflective month, when organisations take stock of what’s been achieved over the past year and outline their ambitions for the year ahead. It’s obvious that 2020 has been a year like no other, not just in the world of application security. So how are banks faring and what’s next in 2021? The pandemic caused banks to rethink the...
21 December 2020 /security /cloud Banking Strategy, Digital and Transformation
Richard Blore Chief Executive Officer, KY3P, IHS Markit at IHS Markit
Those of us who work in financial services are keenly aware that third-party risk management (TPRM) continues to be a key area of focus for global financial services regulators. Recently, we have seen consultations from the Bank of England and the International Organization of Securities Commissions (IOSCO) as well as a legislative proposal from t...
21 December 2020 /security /regulation Banking Regulations
Yaroslav Kuflinski AI/ML Observer at Iflexion
The modern business-to-business merchants are actively embracing online retail to step up their game. Relying on B2B portal development, they build solutions that bring together business customers from around the globe, supporting a convenient and personalized purchasing experience. On the downside, the shift to ecommerce aggravated the issue with ...
20 December 2020 /security /payments Digital Sales
Cyril Lalo CEO at ellipse Inc.
One of the more interesting developments in the consumer retail banking sector in recent years has been the emergence of the “Fintech” banks, also known as Neobanks (“Neobanks”). These banks operate virtually, avoiding the costs of a brick and mortar branch network. They appeal to a younger demographic by offering a transparent, seamless banking
16 December 2020 /security /payments Dynamic Card Security Code, CNP & eCommerce Forum
Retired Member
5G and the payments industry. 5g is really here. In the UK it has rolled out to around 200 cities. Globally there are expected to be 221 m 5g phones sold by the end of 2020 and more than double that to 489m, sold in 2021, according to Gartner. It is a significant new technology that is expected to make major impacts in gaming, IOT, autonomous v...
15 December 2020 /security /payments 5G Payments Schemes and Strategies 2020 - 2035
Yo McDonald Vice President, GRC Solutions at MetricStream, Inc.
MetricStream’s Yo McDonald discusses how businesses can identify biases when evaluating risks, how it affects processes, and the steps businesses should take to mitigate bias. Evidently, risk evaluation is fundamental in business to protect the organisation, its workers and to guarantee long-term success. To ensure an organisation’s risk evaluation...
14 December 2020 /security /regulation Operational Risk Management
Ivan Kot Solution Consultant at Itransition
Smart contracts have been making waves since the inception of the technology on the blockchain platform Ethereum. They are now used in the number of industries but haven’t fully lived to the hype. In this article, we are figuring out what challenges prevent smart contracts from widespread adoption in real estate transactions, particularly those re...
27 November 2020 /security /payments Blockchain in Banking and Financial Services
Unfortunately genuine customers are not the only ones shopping with customers this peak season. Fraudsters are also busy this time of year. To help identify potentnail fraud, here are four common online fraud types and how retailers can avoid falling victim to them. 1. Account takeover This is when fraudsters take over an existing customer accou...
25 November 2020 /security /payments Fintech
John Cragg Chief Executive Officer at MYHSM
‘Cloud as a Service’ is the term that often goes hand in hand with ‘cloud migration’ – both of which are now becoming more mainstream due to the cloud’s scalability and hyper-efficient cost benefits. Companies leveraging the cloud can focus more on core business operations and avoid spending time and resources on processes and infrastructure, whic...
10 November 2020 /security /cloud
Stephan Wolf Advisory Board Member at The Open Working Group
By adjusting their onboarding processes financial institutions can enhance their client experience, reduce costs and pave the way for new cross border services, explains Stephan Wolf, CEO, Global LEI Foundation. It’s no secret that regulatory compliance doesn’t always sit comfortably with a bank’s desire to deliver a smooth, hassle free user experi...
09 November 2020 /security /identity Digital Identity Management
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