Financial institutions must prioritize multifactor authentication as hackers take advantage of a…
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risk & security
65 posts
The Role of Digital Document Collection in Fraud Prevention | Bank Automation News
Navigating the landscape of finance and technology requires innovation and a strategic…
Quantum tech can increase trading speed by 15% to 20% | Bank Automation News
Quantum tech provider Quantum Dice has developed hardware to make financial services…
What Bank of America is doing for customers after data breach | Bank Automation News
Bank of America is working to control the fallout following an October…
Data breach a risk despite security spend, experts say | Bank Automation News
Financial institutions prioritize investment in cybersecurity technology but no matter how much…
Check fraud to reach $24B in 2024 | Bank Automation News
Industrywide, financial institutions are seeing an uptick in synthetic identities, scam activity…
Open banking: API ownership, liability| Bank Automation News
Data protection protocols were among the top concerns raised after the Consumer…
‘Every company will be compromised’ by hackers, experts say | Bank Automation News
Fraudsters continue to do damage in the finance industry, evidenced by recent…
Podcast: Fighting AI-driven fraud with AI | Bank Automation News
Financial institutions are looking to AI to fight fraud, but fraudsters are…
Citi selects Akamai to fight bot | Bank Automation News
Citibank has selected Akamai Technologies, a cloud-native security service provider, to fight…
CFPB lags on information security updates | Bank Automation News
While the Consumer Financial Protection Bureau plans to step up enforcement action in the…
Podcast: Neobanks fight fraud | Bank Automation News
Neobanks can lean on data and rich client information to protect themselves…
Cybersecurity a top risk | Bank Automation News
TORONTO — Forty-three percent of the audience identified cybersecurity as the No.…
MGM hack has Vegas hotels resorting to cash bars, paper vouchers | Bank Automation News
MGM Resorts International has been saying its hotels and casinos are “operational”…
Cybersecurity startup raises $50M | Bank Automation News
Israeli cybersecurity startup Upwind raised funds in a round that values the…
Podcast: Using AI to Identify Fraud | Bank Automation News
AI has joined the fight against bank fraud, and further enhancements to…
Proposed legislation would regulate AI adoption in EU | Bank Automation News
The EU AI Act, proposed in June after two years of talks,…
Promise and Peril: AI and Lending | Bank Automation News
Artificial intelligence has revolutionized credit decisioning. What was once a slow, manual…
Solaris raises $42M, becomes unicorn | Bank Automation News
Embedded finance provider Solaris raised 39 million euros ($42 million) in a…
FIs Divided on Fraud Data Control | Bank Automation News
Financial institutions are looking to data-sharing consortiums to defend against financial crime…