147 Results from 2014, /security
Retired Member
A question. Why do banking industry headlines remain so very bad when the talk is all of recovery, strengthening investment and employment indicators and an uptick in base rate soon? My acknowledgements to the FCA, Reuters, the Telegraph, Independent, Guardian, The Courier.com and other news organisations, on whose material I draw freely. Here’s j
20 August 2014 /security /regulation
Since Google announced support for host card emulation (HCE) in Android KitKat 4.4 last year, the industry has been divided. Many recognize the value and opportunity that this brings to banks and other service providers for the deployment of mobile services such as payments, transit and loyalty. Others have raised security concerns that they maint...
20 August 2014 /security /payments
In recent years the U.S. regulators have enjoyed flexing their Anti-Money Laundering (AML) and Sanction enforcement muscles, over $12 billion worth of fines have been settled with some of the world’s largest banks for violating the AML & Sanctions legislation in place. It could not be clearer; the regulators are committed to tougher and more r...
13 August 2014 /security /regulation
Derek Garriock Innovation Director at Experian
Current predictions show there will be five billion connected devices on planet earth this year, including smartphones and tablets, serving a billion online bank accounts and contributing to US $13trillion in global ecommerce sales and related transactions. The potential opportunities presented to fraudsters are therefore huge. Evidenced of this ha...
30 July 2014 /security
Robert Siciliano Security Analyst at Safr.me
Just about everyone has private information that should be protected. Let’s begin with something you’ve surely heard of: antivirus protection. But this isn’t enough to guard your personal data. A free antivirus service may not even update automatically, and this is very important to keep up with rapidly evolving technology. Your protection is wor...
29 July 2014 /security
In the second instalment of our six part series looking at the transformation that is required in investment banking operations, today we look at how process automation will enable investment bank business staff to be far even more effective in future. With investment banking in need of radicalising its workforce operations, it must pay greater att...
25 July 2014 /security
Not sure if the KYC being done by banks is mature enough to perform its true function using standard credit check agencies which have stood the test of time. Financial regulations have come out strongly in the wake of many incidents of security lapses and money laundering. Most Banking systems rely on SWIFT for information about banks using the BI...
23 July 2014 /security /payments
Last month, Barclays spelled the eventual end to security questions, passwords and long frustrating phone calls by announcing its move to voice recognition technology. The retail bank explained that over the next year it will be introducing a system of biometrics to allow customers to log into telephone banking using the power of their voice alone...
23 July 2014 /security
Summertime is here…and that means sunshine and vacations. Most people love summertime, including scammers! Hackers can use this time to take advantage while we are planning vacations or on vacation or just enjoying fun in the sun. Here are some key scams to watch out for this summer: Family or Friend Requests Money You receive an email from a f...
19 July 2014 /security
Neil Caldwell European Sales Director at CyberSource
Thanks to eCommerce, I’ve seen the world become a lot smaller. With eMarketer estimating that global B2C eCommerce sales will hit $1.5 trillion in 2014, there are very few places that haven't been impacted by the digital revolution. With some of the world’s greatest brands having enjoyed true eCommerce success in their home markets, many are now lo...
14 July 2014 /security /retail
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