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81 Results from 2019, /security

Retired Member

Retired Member 

Deeper into Digital Identity - Enrolment

In my last article I tried to quickly define “digital identity” and point out important aspects to consider when implementing a national digital identity. I also looked to highlight just a few of the benefits that can be drawn from such a platform. One short article couldn’t possibly do this topic justice, so with this piece, I wanted to dig a bit...

/security /retail Online Banking

Retired Member

Retired Member 

What we mean by Digital Identity

There are two different ways to look at an individual’s digital identity. One way would be to consider the online personas we create on social media; often comparable to the real-world characters that we play, compiled of our actions, relationships, possessions, accomplishments, etc. The other kind of digital identities we create are used for onli...

/security Online Banking

Janne Jutila

Janne Jutila Head of Business Alliances at Signicat AS

My identity is my money

Dictum meum pactum “My word is my bond” was the motto for trading in London Stock Exchange since 18:th century. If you made a verbal agreement, you backed it up with your money. Something similar is conveyed in the proclamation by Dave Birch, a well-known UK payments specialist, in his book “Identity is the new money”, published in 2014. He sugge...

/security /payments

Scott Cutler

Scott Cutler Director, at Fortinet

The Cyberthreat Trends the Financial Sector Needs to Follow

By Scott Cutler, Director, Sales - UK&I MAM at Fortinet For cybercriminals, a successful cyberattack has the potential to bring significant financial gain. Capitalising on the theft of information, whether credit card or banking data or the selling of personally identifiable information (PII) on the dark web, ultimately involves exploiting

/security Financial Risk Management

Kevin Day

Kevin Day CEO at HPD Software

Top tips for financial institutions looking to address fraud in invoice financing

Despite new technologies and processes aiming to help root out fraudulent activity, fraud continues to be a major issue for the asset-based finance (ABF) industry. Only last year UK-based invoice financing platform Urica was forced out of business by a one-off event occurring in France. For any financial institution lending money against invoices...

/security /payments

Ketharaman Swaminathan

Ketharaman Swaminathan Founder and CEO at GTM360 Marketing Solutions

At Least Paper Documents Are Exposed Only One At A Time!

A banker quit his job and started a new company. He applied for a debit card for his company’s bank account. Ram, as we'll call the ex-banker, completed the required forms, submitted his company's board resolution for the debit card and handed over copies of his company's incorporation certificate, articles of association, and all the other docume...

/security /regulation

Robert Siciliano

Robert Siciliano Security Analyst at Safr.me

How To Determine a Fake Website

There are a lot of scammers out there, and one of the things they do is create fake websites to try to trick you into giving them personal information. Here are some ways that you can determine if a website is fake or not: How Did I Get Here? Ask yourself how you got to the site. Did you click a link in an email? Email is the most effective ways s...

/security

Patrick Bermingham

Patrick Bermingham CEO at Adflex

Invoicing in the IoT: why connections are key to maximising business value

Start-ups and established companies alike are increasingly interested in the industrial internet of things (IIoT), but many are missing a trick when it comes to payments. Businesses face many challenges when designing and implementing their own IoT payments solutions, most notably serious security risks and a lack of interoperability - and just on...

/security /payments Innovation in Financial Services

Sadra Boutorabi

Sadra Boutorabi Product Marketing Director at GPayments

Top 8 Payment Authentication Tools for 2019

The internet and mobile economy have been going through a boom in the last few years. As a result, the online identity authentication industry is growing and evolving quickly. Effective identity verification continues to be one of the greatest challenges facing business owners, payment providers, and card issuers. There are simply more risks online...

/security /payments Fintech

Robert Siciliano

Robert Siciliano Security Analyst at Safr.me

Should You Worry About Contactless Credit Card NFC Skimming

If you have a contactless card, you might have worries about skimming. A contactless card or “frictionless” or “tap and go” is a card that has technology in it that allows payment over secure wireless like Apple Pay, Android Pay etc. Basically, this is where a criminal literally digitally pickpockets you by scanning things like your debit card or ...

/security

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