FinTech

HID Global Works with Temenos

Helping banks meet heightened demand for trusted mobile and online transactions

October 26, 2020

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HID’s risk-based authentication solution is pre-integrated with Temenos Infinity, the digital front office product.

Average Cost of Data Breach in Health Care Industry Hit $7.13 Million in 2020

Exceeds global average by more than 84%

October 1, 2020

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Besides leading in the average cost of a data breach, the health care industry also had the highest average time to identify a violation of 329 days.

Competition Intensifies for Tech Talent in US Financial Services Market

eFinancialCareers releases job report

September 22, 2020

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Overall, skills related to systems, infrastructure, development, and data are on the rise, as financial services firms determine how to better support remote working, collect and analyze data, and build next-generation applications.

The Financial Industry Needs to Get Real About Cybersecurity

A sector constantly under attack

September 17, 2020

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At the end of the day, unless an attack is of a personal nature, in which the reputation of an individual or business is targeted, monetary assets are always the goal.

How To Trade Bitcoin on Decentralized Exchanges

Can you eliminate the risk and still reap the reward?

Fabio Canesin

August 27, 2020

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An initial version of a noncustodial protocol based on state channels will allow users to trade real (not wrapped) Bitcoin at speeds that compete with centralized exchanges, offering genuine markets with order books.

Mode Introduces Next-Gen Bank Transfers

Powered by open banking technology

July 23, 2020

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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.

Enterprise AI, Regime Change, and the ‘Corona Effect’

Responding to changes quickly optimizes operations

Stu Bailey

July 2, 2020

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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.

FDIC Launches Competition to Modernize Bank Financial Reporting

20 tech companies will participate

June 30, 2020

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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 Releases Service to Prevent Bank Card Blocking During Crypto Operations

Cryptocurrency transaction tolerance verification

June 29, 2020

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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.

The Age of Quantum Computing Has Arrived

New technology transforms cybersecurity

Rodney Joffe

June 24, 2020

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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.