2281 Results from /security
Carl Wegner CEO at Contour
Trade finance is a critical component of global trade, enabling banks to provide risk mitigation and working capital facilitation. Any transaction brings with it a degree of risk, and trade finance is no different – but the $18 trillion market is simply too profitable to abandon. So what are banks looking out for when it comes to trade fraud and, ...
17 May 2021 /security /crime
Oliver Tearle Head of Technology Innovation at The ai Corporation
The fraud tool landscape is changing. Fraud managers are looking for more and more ways to optimize their operations as rising digital payments increase the strain on many fraud detection systems. The use of machine learning (ML) and artificial intelligence (A.I.) has become common in many fraud detection strategies. Many organizations have seen h...
10 May 2021 /security /crime Artificial Intelligence and Financial Services
Austin Talley Founder and CEO at Everyware
When it comes to making important decisions that streamline the services you provide to customers, security is often the first measure that requires special attention. Text messaging as a communications and payment solution is rapidly being adopted across every industry – from restaurants and pharmacies to nonprofits, utility providers and beyond ...
27 April 2021 /security /regulation
Sara Croft Head of Marketing at TrustID
Tony Machin, CEO of TrustID, discusses how IFAs can conveniently comply with KYC and AML requirements without the money and resources available to larger financial organisations. As an Independent Financial Advisor, you’re legally required to perform Know Your Customer (KYC) checks as part of Anti-Money Laundering (AML) compliance. But, even with...
27 April 2021 /security /identity Digital Identity Management
Retired Member
As the world is moving towards digitalization, cyber-security threats are becoming more sophisticated than ever. There has been increasing number of attempts in recent times where hackers have been targeting organizations by capitalizing on vulnerabilities that their third-party vendors and suppliers are exposed to. Securing client data that inc
19 April 2021 /security /regulation Information Security
Scott Cutler Director, at Fortinet
Remote working saw a spike like never before during the first half of 2020, with workers across the globe forced out of the office and into lockdown to curb the spread of Covid-19. There wasn’t a single industry that went unaffected by the pandemic, but financial services in particular witnessed a huge change in the way it functions. Thanks to har...
14 April 2021 /security /crime Information Security
Adam Desmond UK&I Country Lead at Mitek
Many would be surprised to find that purchasing a bottle of alchohol in our local corner shop is a security risk. But how? When the seller asks to see our proof of age, it's customary to wip out a physical ID whether it be a driving license or passport. However, in doing so, we present a wealth of personal information – our address, signature and ...
14 April 2021 /security /identity Digital Identity Management
Financial institutions are some of the most heavily targeted organizations by cyber criminals, and it’s easy to see why; financial institutions have the most to lose. Reputation is king in financial institutions since they can only function with an underlying consumer trust in the safe handling of their monetary assets, and data breaches typically...
12 April 2021 /security /predictions Information Security
Pooja Golakonda Lead Consultant at Edgeverve
Safety nets on the Cloud Highway Whatever could be the reason, worldwide cloud enabled banking transformations has picked pace at an unprecedented speed. Evidence is everywhere like the raise of Opex models, higher share of SAAS offerings, Digital only branches, and usage of Multi tenancy etc. So is also the raise of leakages and the attacks on th...
31 March 2021 /security /cloud
On Friday the Bank of England’s Financial Policy Committee (FPC) published their latest policy summary and record. As part of the summary, they shared an update on the plans for the next “cyber stress test”. For those that aren’t aware, back in 2017, the FPC set out the elements of the framework of regulation to strengthen the resilience of t...
30 March 2021 /security /regulation
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