Cybersecurity

Computer security, cybersecurity or information technology security is the protection of computer systems from the theft of or damage to their hardware, software, or electronic data, as well as from the disruption or misdirection of the services they provide.

Source: en.wikipedia.org

The Pandemic Is Driving Crooks Online, Too

The Pandemic Is Driving Crooks Online, Too
The Pandemic Is Driving Crooks Online, Too
July 13, 2020  |  Payments Innovation

“How can banks, retailers and financial institutions strike the right balance between offering advanced services to customers while flattening the overwhelming spike in fraud?” Get...

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Secret Service Launches Task Force To Fight Cyber Fraud
Secret Service Launches Task Force To Fight Cyber Fraud
July 12, 2020  |  Security & Fraud

As federal investigators recognize the connections between cyber and traditional financial crimes, the U.S. Secret Service has established a single agency to fight them, the...

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UN Rule Mandates Connected Cars Be Secured Against Cyberattacks
UN Rule Mandates Connected Cars Be Secured Against Cyberattacks
July 09, 2020  |  Regulation

A new rule from the United Nations will require connected cars sold in Japan, South Korea and the European Union, among other places, to be...

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Trulioo Launches Facial Recognition, Document Verification Product
Trulioo Launches Facial Recognition, Document Verification Product
July 08, 2020  |  Authentication

Trulioo, the Canadian company that provides online identity verification, has introduced a facial recognition and document validation technology it says will enable small and medium-sized...

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New Fed Report Recommends ‘Comprehensive Approach’ To Fighting Synthetic Identity Fraud
New Fed Report Recommends ‘Comprehensive Approach’ To Fighting Synthetic Identity Fraud
July 02, 2020  |  Security & Fraud

As a one-size-fits-all solution does not exist for the increasing problem of synthetic identity fraud, The Federal Reserve reports that experts suggest a “comprehensive approach”...

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Open Banking Takes On Financial Crime Big Time
Open Banking Takes On Financial Crime Big Time
June 30, 2020  |  Fraud Prevention

Partnerships of legacy financial institutions (FIs) and FinTechs are bringing forth some of the coolest experiences in banking. It’s a trend exemplified by open banking...

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Investec On Building Consumer Trust In Open Banking Systems
Investec On Building Consumer Trust In Open Banking Systems
June 26, 2020  |  Fraud Prevention

More than 10,000 financial institutions (FIs) are currently participating in open banking initiatives worldwide. But as it turns out, approximately 49 percent of banking customers...

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Investec: What FIs Must Know About Open Banking And Gaining Consumer Trust
Investec: What FIs Must Know About Open Banking And Gaining Consumer Trust
June 25, 2020  |  Fraud Prevention

Digital fraud and cybercrime are constant worries for financial institutions (FIs) of all sizes, with these businesses seeing an average of 30 cyberattacks per hour...

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Corporate Card Innovators Look Beyond Business Trip Spend
Corporate Card Innovators Look Beyond Business Trip Spend
June 24, 2020  |  B2B Payments

With corporate travel still on pause, commercial card innovation has taken a different direction. This week’s look at the latest initiatives explores how FinTechs are...

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