Card Testing By Fraudsters Is Up 200 Percent This Year
Since EMV chip cards have made point of sale fraud more difficult, e-commerce has seen a sharp increase in fraudulent activity.
Financial Technology
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Through New Oracle Partnership, Baton Systems is Bringing the Cloud, APIs, DLT to Banks
EXCLUSIVE—The legacy infrastructure of most #banks leaves something to be desired, and payments #technology provider #Baton #Systems wants to use the #cloud, #APIs, and distributed ledger technology to help. The company, which just won the Bank Innovation 2018 DEMOvation challenge, has partnered with financial technologies provider #Oracle, a move that will allow its technology to …Read More
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How Do You Drive Customer Value with Mobile? [VIDEO]
#Mobile payments may not be mainstream in the United States quite yet, but it’s growing to be a more popular payment method as new smartphones, devices, and features make their way across the consumer stage. The varied mobile payment platforms that are now vying for consumer interest will have to make sure that their platform …Read More
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Financial Firms Need Tech To Meet Mounting Regulatory Requirements
The massive #requirements of regulators will require that #financial institutions develop technical solutions.
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Innovation Must Be Measurable to Be Valuable [VIDEO]
The word “#innovation” get thrown around a lot in banking these days (ah-hem!), but Lara Druyan, managing director, head of innovation, west coast, for the Royal Bank of Canada warned that without metrics, it is easy for innovation efforts to get &8220;squishy.&8221; Druyan described the metrics that helped give structure to innovation efforts. &8220;I don’t …Read More
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India’s Embrace of The Startup
The #startup culture in India is beginning to heat up. INV #Fintech, Bank Innovation’s accelerator arm, has seen an increase in applications from India, and currently has two Indian companies in its accelerator. To facilitate the creation of an entrepreneurial and innovative ecosystem, the Government of India, through its premier policy Think Tank called the Niti …Read More
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Calculating Elusive Reputational Risk — A Task For A Dartboard?
Is #reputational #risk all that important or is simply a subset of other risks, such as poor performance or fines by regulators?
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Meet Canadian Bank BMO’s Virtual Assistant BMO Bolt
EXCLUSIVE – Welcome BMO Bolt, #Bank of Montreal’s #virtual #assistant on social media platform Facebook Messenger. The bot, announced today, was created in partnership with conversational banking #technology company Finn.AI. BMO customers shouldn’t get too excited about handing over control of their financial lives to the bot yet, though. This chatbot provides only unauthenticated information, …Read More
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Here’s Why Bankers Should Care About Bitcoin [VIDEO]
Even the most hidebound, incurious, old-school banker has heard the word “#bitcoin” many times by now, whether from curious customers, well-meaning relatives, or the morning paper (print edition). But bitcoin’s continued association with the unsavory, from drug purchases on the dark web in days past to the seemingly endless string of hacks and breaches today, …Read More
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Even £200 Bribes Don’t Lead Customers To Change Banks
Banking #customers may complain about their bank, but they rarely move.
Financial Technology
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