At its core, open banking is a secure technology that enables financial institutions to communicate efficiently and openly whilst allowing customers to grant access to the account information or payment initiation.

For data science professionals, there's been a stark wake-up call regarding the speed with which the world can change and how rapid change impacts the ability of AI to drive good decisions.

The Federal Deposit Insurance Corp. (FDIC) announced the start of a rapid prototyping competition to develop a new and innovative approach to financial reporting, particularly for community banks.

Aximetria’s new online service AxiCheck lets anyone instantly, anonymously, and safely check how friendly their bank is with the world of cryptocurrencies, and it’s free of charge.

Even though quantum computers don’t have the ability to solve current forms of encryption yet, it’s critical for the cybersecurity industry to stay ahead of the threat and come up with quantum-proof solutions now.

The upgrade, to be completed by year-end 2020, will increase the facility’s IT equipment capacity, adding 3,600 kW for a total of 5,700 kW.

Mission Critical magazine recently spoke with Karla Friede, CEO of Nvoicepay, to find out more about automated payment solutions and how businesses can transition from paper checks to ACH to save costs, enable remote work environments, and keep employees safe.

Mindtree appointed Vinit Teredesai as the chief financial officer (CFO) of the company, effective immediately.

Findings from the ForgeRock Consumer Identity Breach Report reveal that cybercriminals exposed more than 5 billion records in 2019, costing over $1.2 trillion to U.S. organizations.

Given the huge rise in appetite for the sector, the CyberTech100 was produced to identify 100 innovative companies that every financial institution needs to know about when they consider and develop their information security and financial crime fighting strategies.