CIO

MARCH 18, 2024

But while there’s plenty of excitement and change underway, security risks and vulnerabilities have continued to follow right alongside that innovation. But what exactly does this policy mean for IT security? And how can businesses ensure they’re ready? So, who needs to adhere to DORA?

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Disaster Recovery Technical Review Systems Review Software Review 302

CIO

OCTOBER 31, 2023

It’s no secret that banks and fintech companies must meet compliance and regulatory standards that are much stricter than what traditional tech companies are forced to comply with. The question becomes: How do you meet strict regulatory and compliance standards while keeping up with the rapid pace of innovation in technology?

Fintech 361

Fintech SDLC Company Compliance 361

TechCrunch

AUGUST 29, 2022

However, it differentiated itself by committing to payments on social media platforms, which Nigerian digital bank Carbon was interested in when it acquired the startup in 2019. The new company is akin to Amplify in terms of infrastructural play; however, it provides financial features instead of payment ones.

Banking 232

Banking Fintech Compliance Scalability 232

CIO

SEPTEMBER 14, 2022

Does your organization need to improve security and upgrade its IT infrastructure? These priorities are in response to an ever-evolving business and security landscape. How to balance security with resiliency. These implementations have also led to security gaps and vulnerabilities. If so, you’re not alone.

Compliance 246

Compliance Policies Exercises Budget 246

Lacework

JANUARY 17, 2024

Lacework is proud to present our second annual group of 50 CISOs to Watch, a compilation of the most visionary and effective cybersecurity leaders in the industry. In a field driven by constant change, what sets a cybersecurity leader apart? With new cybersecurity regulations like the U.S.

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CIO

APRIL 25, 2023

Today’s consumers are accustomed to smooth, frictionless online shopping – and they increasingly expect the same kind of digital experiences from their banks. consumers use mobile banking channels, and 70% said mobile banking is now their primary way of accessing their accounts. “Most people do not want to go into a bank to do banking.

Banking 246

Banking Machine Learning Artificial Inteligence Azure 246

Tenable

FEBRUARY 9, 2024

The Volt Typhoon hacking gang is stealthily breaching critical infrastructure IT environments so it can strike on behalf of the Chinese government, cyber agencies say. critical infrastructure IT and operational technology security teams, listen up. So said cybersecurity agencies from the U.S., Critical Infrastructure. ”

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Weak Development Team Infrastructure Generative AI Artificial Inteligence 66

CIO

APRIL 30, 2024

The untargeted scraping of facial images from the internet or security footage to create facial recognition databases is also prohibited. Examples of high-risk systems include AIs used in critical infrastructure, education and vocational training, employment decisions, healthcare, banking, and those that could influence elections.

Artificial Intelligence 282

Artificial Intelligence Artificial Inteligence Compliance Government 282

CIO

JULY 11, 2022

Three-quarters (74%) of banks experienced a rise in cyber crime since the pandemic began in 2019. However, for many financial services organizations, security and agility traditionally haven’t been mutually achievable—oftentimes, one was sacrificed for the other. During the pandemic, that threat multiplied exponentially.

WAN 278

WAN Agile Firewall Policies 278

TechCrunch

OCTOBER 8, 2021

a banking-as-a-service (BaaS) platform that aims to build “DeFi for traditional finance,” has raised $16 million in a Series A round of funding led by CM Ventures. From a product architecture standpoint, Productfy has been built “from the ground up,” he said, to operate with multiple banking partners. Productfy Inc. ,

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Technical Review Development Team Review Banking Fintech 292

CIO

MARCH 13, 2023

While banking and finance organizations have aggressively moved workloads and apps to the cloud to meet changing customer needs, some remain hesitant to tackle modernization of core infrastructure and systems, fearing a disruption to the business. You have to be innovative, but in a secure way.

Banking 130

Banking Artificial Inteligence Cloud AWS 130

CIO

FEBRUARY 28, 2024

Loan management simplified Large banks have tens of thousands of loan customers. This allows banks to minimise the risks associated with their loan accounts in a flexible, cost-effective way. In financial services , security and compliance are as important as reliability and responsiveness.

Cloud 283

Cloud Microservices Banking Agile 283

CIO

OCTOBER 17, 2022

In fact, one of the world’s most far-reaching cybersecurity regulations for financial services and their supply chains is a done deal. It’s designed to strengthen the security of EU financial firms, such as banks, insurance companies, investment firms and more, by imposing resilience requirements and regulating the supply chain.

Security 264

Security Compliance Enterprise Budget 264

Infinidat

MARCH 7, 2024

Cybersecurity Regulations and Reporting in USA and EU Adriana Andronescu Thu, 03/07/2024 - 05:28 In 2024, businesses are coming under tighter compliance and cybersecurity reporting by government bodies in both the USA and EU countries. added to the 8-K, to disclose any cybersecurity incident. There is a new item 1.05

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Report Malware Storage Machine Learning 67

CIO

FEBRUARY 10, 2023

Consumers have high expectations for digital experiences in online banking, email, cloud storage, video on demand (VoD), smart digital assistants, and virtual reality. Trust management becomes critical for cybersecurity Broadcom believes a move to distributed and decentralized trust will increase rapidly in 2023.

Trends 306

Trends Artificial Inteligence Artificial Intelligence Wireless 306

TechCrunch

JUNE 22, 2022

Crypto custody and fintech infrastructure startup Prime Trust is positioning itself to do just that, and the company has just raised over $100 million in fresh funding to add new products to its existing suite, its CFO Rodrigo Vicuna told TechCrunch. “Most people hop into the onboarding piece first, because it’s necessary, right?

Fintech 224

Fintech Infrastructure Blockchain Compliance 224

CIO

OCTOBER 11, 2023

While international conflict, economic uncertainty and climate change are affecting businesses of all kinds, energy companies and utilities are also dealing with aging infrastructure, constant cyberattacks, increased regulation and rising customer expectations. A recent report from CNBC 3 noted, “Most of the U.S. Today, over 70% of the U.S.

Artificial Inteligence 342

Artificial Inteligence Generative AI Company Energy 342

TechCrunch

APRIL 22, 2021

The Internet of Things has a security problem. The past decade has seen wave after wave of new internet-connected devices, from sensors through to webcams and smart home tech, often manufactured in bulk but with little — if any — consideration to security. Security veteran Window Snyder thinks there is a better way.

IoT 207

IoT Windows Technology Internet 207

TechCrunch

NOVEMBER 16, 2021

The pandemic has resulted in a shift in consumer behavior that now favors contactless and digital banking options, and with one in four U.S. It needs to be both effective and secure. As more and more retailers make this move, partnering and collaborating with fintechs can help them build, scale and secure their financial offerings.

Fintech 248

Fintech Retail Company Banking 248

TechCrunch

APRIL 6, 2022

Financial infrastructure startup Fidel API has raised $65 million in a Series B funding round led by Bain Capital Ventures. The London-based company provides identity, data and payments products that it says gives developers a way to capture consent permissions and “securely” connect payment cards to a service or application. .

Infrastructure 246

Infrastructure Fintech Travel Policies 246

CIO

MARCH 18, 2024

Given existing relationships with Webster Bank, that includes AWS and Microsoft. To find promising use cases, Webster Bank canvassed several dozen proposals and decided to start with three that could deliver tangible benefits. A key focus of the bank’s AI team is likewise data quality.

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Artificial Inteligence Banking Technical Review How To 334

TechCrunch

AUGUST 27, 2021

Embedded fintech company Zeal secured $13 million in Series A funding to continue developing its platform for building individualized payroll products. The co-founders intend to use the new funding to build out their team and strengthen compliance measures to ensure its track record with enterprises. “We

Banking 247

Banking Infrastructure Fintech Fractional CTO 247

CIO

DECEMBER 21, 2023

The diversification of payment methods and gradual increase in the volume of online transactions have cast a spotlight on the need for payment security compliance within the airline industry. With the new, recently onboarded Payment Card Industry Data Security Standard (PCI DSS) v4.0, she wonders. Well not exactly.

Airlines 130

Airlines Security Systems Review Technical Review 130

Tenable

DECEMBER 9, 2020

For many global policymakers, the transformative impact of the COVID-19 pandemic has reinforced the need to adopt new cybersecurity and privacy policies. The COVID-19 pandemic and resulting global economic downturn represent new challenges for government security leaders. Brazil data security and Latin America regional influence.

Security 98

Security Policies Technical Review Systems Review 98

CIO

DECEMBER 19, 2023

Also, the report stated that a comprehensive solution, robust data security and compliance systems, outstanding customer support, and continuous innovation are key success factors for hybrid cloud providers. Serving as on-premises cloud infrastructure, Huawei Cloud Stack improves security and compliance.

Cloud 246

Cloud Marketing Disaster Recovery Telecommunications 246

Tenable

JULY 14, 2023

1 – CISA and NSA issue CI/CD defense guidance Looking for recommendations and best practices to improve the security of your continuous integration / continuous delivery (CI/CD) pipelines? Debricked) 3 – Banks go bonkers for cloud computing Financial services organizations have jumped into the cloud computing waters with both feet.

Weak Development Team 52

Weak Development Team Software Review Software Technical Review 52

TechCrunch

SEPTEMBER 17, 2021

Six months after securing a $23 million Series A round, Ketch , a startup providing online privacy regulation and data compliance, brought in an additional $20 million in A1 funding, this time led by Acrew Capital. In 2020, Ketch introduced its data control platform for programmatic privacy, governance and security.

Data 239

Data Compliance Malware Exercises 239

CIO

MARCH 11, 2024

These include security and data privacy concerns, low-quality data, reputational risks, and immature technology, to name a few. Example 2: extreme delays with the trading platform update An investment bank is developing a trading platform. Below are our recommendations for a smooth transition to a new delivery model.

Software Review 246

Software Review Technical Review Software Weak Development Team 246

CIO

AUGUST 10, 2023

Our cutting-edge data centers and prominence as a telecommunications provider reflects our commitment to continually improve our infrastructure and enhance our service offerings in order to always address the evolving needs of our customers,” says Arpaci. Those demands increasingly call for sovereign cloud services.”

Cloud 244

Cloud Industry Telecommunications Data Center 244

Exadel

APRIL 27, 2023

RegTech offers innovative technologies that simplify and optimize compliance procedures in various ways. We will also talk about how RegTech solutions can help financial services to ensure regulatory compliance and what benefits they can get from it. The amount of data which banks needed to process was huge and hard to track manually.

Banking 52

Banking Report Compliance Fintech 52

Exadel

MAY 10, 2023

In the UK alone, FS providers are spending roughly 13% more on financial crime compliance now compared to 2020, according to the Oxford Economics True Cost of Compliance 2023 report. Additionally, in 2022, the total financial crime compliance costs in the UK were estimated to be £34.2 billion spent in 2020.

Banking 52

Banking Technical Review How To Compliance 52

TechCrunch

APRIL 26, 2023

Smile Identity , a KYC compliance and ID verification partner for many African fintechs and businesses, has acquired Inclusive Innovations, the parent company of Appruve , a Ghanaian developer of identity verification software.

Fintech 363

Fintech Development Team Review Systems Review Software Review 363

Openxcell

AUGUST 7, 2023

Now, the banking and finance segments are witnessing a greater impact by integrating AI systems to improve the operation of bank apps and services. One of the key benefits of applying AI in banking and finance lies in optimizing the customer-centric experience and upgrading technological stability.

Artificial Inteligence 52

Artificial Inteligence Artificial Intelligence Banking Machine Learning 52

CIO

APRIL 17, 2023

As consumers embrace ecommerce, digital banking, and online payment applications, the risk of fraud and other financial crimes has increased dramatically. And for every dollar lost to fraud, banks spend over $4 on recovery fees, legal fees, and other expenses. The stakes for financial organizations are growing as well. In 2021, U.S.

Cloud 264

Cloud Artificial Intelligence Artificial Inteligence Banking 264

TechCrunch

JULY 19, 2022

states are passing privacy and security laws aimed at protecting people’s data. The California Consumer Privacy Act is perhaps the best known, followed by the Illinois Biometric Information Privacy Act, the New York Privacy Act and the Virginia Consumer Data Protection Act. Increasingly, absent a federal framework, U.S.

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Compliance Banking Social Software 179

Sailpoint

MAY 7, 2019

In this Q&A we spoke with John Masserini, chief information security officer at international telecommunications provider Millicom. Masserini talks with us about his interesting career path in information security, cloud security, and identity management. This is where the Information Security team comes in.

Mobile 55

Mobile Telecommunications Internet Programming 55

CIO

FEBRUARY 16, 2024

In banking and financial services applications, for example, GenAI solutions are being developed to analyze customer data, market data, economic trends, and more to help support highly personalized insights and guidance. This is a challenge for many CIOs.

Artificial Inteligence 345

Artificial Inteligence Innovation Artificial Intelligence Budget 345