81 Results from 2019, /security
Robert Siciliano Security Analyst at Safr.me
Have you heard of SIM swapping? It’s a new trick that hackers are using to get money and mess up your life. What is SIM Swapping? So, what is SIM swapping? It’s when a hacker tricks your cell phone company into thinking that you have activated your SIM card on another phone. In other words, the hackers are taking your phone number and then associa...
19 December 2019 /security
Uri Rivner CEO and Co-Founder at Refine Intelligence
As a decade of online fraud fighting is drawing to a close, it’s time to think about the next decade! Fraudsters were very busy this decade, coming up with an ever expanding bag of tricks, and we should expect them to give all of us good reasons to continue the fight. So – here are my top ten cybercrime and online fraud predictions for 2020: Deep...
18 December 2019 /security /payments Digital Banking Trends
Scott Cutler Director, at Fortinet
From social media apps to exercise tracking and online shopping, today consumers are producing data at an unprecedented rate and businesses of every type are under pressure to ensure the safety of that data and maintain customer trust. But there are few types of data more sensitive than financial information – which means businesses in the financi...
18 December 2019 /security Information Security
Simon Hawtin Marketing Director at ezbob
The term may still sound rather futuristic, but biometrics – the study of distinctive and measurable characteristics to label an individual – is already reshaping our world. These characteristics, known as biometric identifiers, range from fingerprints and veins through to iris, retina and voice. It just has to be something unique to the individua...
12 December 2019 /security Banking Strategy, Digital and Transformation
Hamza Khan Founder and CEO at Suburbia
'Data is the new oil.’ It’s a dramatic statement – and certainly a contentious one. Just as one publication makes the case for it, another rubbishes the concept. The first argument points out that data is becoming the world’s most valuable resource; the second, that the analogy is lazy and rapidly collapses, whether because data is infinite or bec...
11 December 2019 /security Fintech innovation and startups
Retired Member
On November 21st, a security alert from NCR was issued describing a new form of Transaction Reversal Fraud (TRF) occurring in the UK, typically between 10 PM and midnight on any given day. Contrary to previously reported TRF attacks in which cash is pried from the dispenser after a payment reversal is initiated due to the jamming of the card reade...
26 November 2019 /security /payments Transaction Fraud Systems and Analysis
Much is made of the ability of Artificial Intelligence to improve business performance in many different ways and places in organisations. Financial Services as a sector is no stranger to these claims but remains some way off realising the full business benefit which the technology promises. One area of very high potential benefit which appears o...
26 November 2019 /ai /security Artificial Intelligence and Financial Services
Konrad Litwin Global General Manager - Testing at Perforce Software
The UK’s own Open Banking Standards and the European Payment Services Directive current wave (PSD2) are both indications that a more open approach to transactions between financial services institutions and their customers continues to gain groundswell. The idea is sound: use application programming interfaces (APIs) to connect all the currently...
25 November 2019 /security API
From “The Italian Job” to “Point Break”, “Bonnie and Clyde” to “Baby Driver”, many of the most popular heist movies are about bank robberies. As it is in fiction, so it is in fact; when bank robberies happen, they are the source of interest, intrigue and impact. And as the majority of the world’s financial information lives and moves online, moder...
14 November 2019 /security Information Security
The reputation of any financial services organisation rests squarely on trust, security and professional integrity. Breaches of any of these profoundly damages the belief of markets, investors and customers in the others. Every financial services organisation is engaged at some level on modernising itself to remain fit for its twentieth first cen...
05 November 2019 /ai /security Artificial Intelligence and Financial Services
Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.
Please read our Privacy Policy.