Search Results for: cyber risk

FICO Survey: Real-time Payments Platforms Have Increased Fraud Losses for 4 out of 5 APAC Banks
Banking News

FICO Survey: Real-time Payments Platforms Have Increased Fraud Losses for 4 out of 5 APAC Banks

Fintech News Desk
by Fintech News Desk0
Additional Identity and Authentication Technologies Needed With Fraud Expected to Increase in 2020 4 out of 5 Asia Pacific banks (78%) say the introduction of real-time payments platforms in their country has resulted in increased fraud losses Additional identity and authentication technologies are needed with social engineering named by 2 in 5......
Banking Big Data Capital Markets Featured

Global FinTech Trends to Watch out For

Fintech News Desk
by Fintech News Desk1
FinTech as a segment is gaining its fair share of attention, with businesses the world over creating new finance technology innovations to serve a wider consumer base. 69 percent of China’s digitally active consumers use Fintech, immediately followed by India with 52 percent of its population following fintech trends and......
HSB Survey Finds One-Third of Small Businesses Accept Cryptocurrency
Cryptocurrency News

HSB Survey Finds One-Third of Small Businesses Accept Cryptocurrency

Fintech News Desk
by Fintech News Desk0
Do They Understand the Cyber and Financial Risks? At least one-third of US small and medium-sized businesses accept cryptocurrency as payment for goods and services, a survey released today by HSB, part of Munich Re, has found, with newer companies up to twice as likely to trade in digital credits.......
Finxact Appoints Craig Phillips, Former Top US Treasury Department Official, to Board of Directors
Banking News

Finxact Appoints Craig Phillips, Former Top US Treasury Department Official, to Board of Directors

Fintech News Desk
by Fintech News Desk9
Deep Knowledge of Banking, Regulatory Environment and Financial Markets Will Bring Critical Value to Finxact as It Continues Its Rapid Growth Finxact, the emerging leader in Core-as-a-Service banking, announced that it has appointed Craig Phillips, former Counselor to the United States Secretary of the Treasury, to its Board of Directors. In this......
Apollo Fintech Adds Huawei Eco-System CTO as Blockchain Security Advisor
Blockchain Cryptocurrency Fintech News

Apollo Fintech Adds Huawei Eco-System CTO as Blockchain Security Advisor

Fintech News Desk
by Fintech News Desk0
Mr. Jorge Sebastiao Is a Leading Expert in IT Architecture, Blockchain and Cybersecurity. Apollo Fintech is announcing a new addition to its advisor team, Mr. Jorge Sebastiao, a chief technology officer (CTO) of Huawei Technologies. Based in Dubai, Mr. Sebastiao brings more than 30 years of ICT experience (information and communications technology) including managed......
BMO Financial Group Announces Executive Appointments
Banking News

BMO Appoints Sri Dronamraju as Chief Information Security Officer

Fintech News Desk
by Fintech News Desk0
BMO Financial Group named Sri Dronamraju as Chief Information Security Officer (CISO).  The appointment is effective January 6, 2020. Mr. Dronamraju will oversee the bank’s global strategy for cyber security. Reporting to both Larry Zelvin, Head Financial Crimes, and Ken Librot, US Chief Technology and Operations Officer, Mr. Dronamraju will have offices in Toronto and Chicago, with......
80% of Asia Bankers See Themselves as Open APIs Losers
Banking Fintech Funding

80% of Asia Bankers See Themselves as Open APIs Losers

Fintech News Desk
by Fintech News Desk0
Fintech Gini Reveals an Industry Survey to Identify Open Banking Opportunities and Obstacles gini, the Hong Kong based data-driven banking solutions provider reveals a recent survey on Open APIs readiness among Asian fintech industry professionals. Only 20% of bankers saw themselves as the winners from Open APIs, even though 70%......
TCS Positioned as a Leader in Financial Crime and Compliance Operations Services by Everest Group
Business Fintech News

TCS Positioned as a Leader in Financial Crime and Compliance Operations Services by Everest Group

Fintech News Desk
by Fintech News Desk0
Tata Consultancy Services’ End-to-end Compliance Framework, Domain Capabilities, and Investments in Blockchain and Cloud Solutions, Cited as Key Strengths Tata Consultancy Services (TCS) , one of the leading global IT services, consulting and business solutions organization, has been named a Leader in the Everest Group PEAK Matrix for Financial Crime......
Thales Study: US Financial Institutions Have Highest Rate of Data Breaches Despite Strict Compliance Mandates
Fintech News

Thales Study: US Financial Institutions Have Highest Rate of Data Breaches Despite Strict Compliance Mandates

Fintech News Desk
by Fintech News Desk0
62% of US Financial Service Organizations Experienced Data Breaches, but Security Spending and Encryption Rates Are Decreasing Data Security Is Not Keeping Pace With Rapid Industry Change Being Driven by Digital Transformation Top Data Security Concerns Are Cyberterrorism, Internal Threats and Industrial Espionage A new global study from Thales, with......
Online Shoppers Should be on the Lookout for eSkimmers, a Digital Version of Porch Pirates
Business News

Online Shoppers Should be on the Lookout for eSkimmers, a Digital Version of Porch Pirates

Fintech News Desk
by Fintech News Desk0
In advance of the holiday shopping season, consumers throughout the United States are being warned of the prevalence of eSkimmers, a new breed of software hackers that infiltrate a shopping website and use malware to steal credit card or debit card information as the consumer enters it at point-of-sale. “At......
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