Risk & Security
VDI boosts remote security, collaboration for First Tech
First Tech Federal Credit Union is investing in its virtual desktop infrastructure (VDI) to enhance the security and configurability of...
AI thwarts $20 billion in fraud for Mastercard
AI applications helped Mastercard stop almost $20 billion in fraud this year and the company hopes to deter more cybercrimes...
Manufacturers group says Cabinet should consider removing Trump
U.S. business leaders denounced Donald Trump for inciting supporters who mobbed the U.S. Capitol, with the head of the National...
FIs fold perpetual KYC into their tech stacks
The perpetual know-your-client (KYC) model is gaining traction as financial institutions shift to regular identity verification of clients through automation....
TD doubles down on automation for cybersecurity
Cybersecurity is top of mind for many executives today, as news broke of an alleged Russian hacking campaign that infiltrated...
Top 20 banks struggle with mobile account opening
Not everyone can open a bank account on their phone just yet. According to recent data from the biometric technology...
More than 60% of banks to increase 2021 cybersecurity spend
Cybersecurity, cloud investments and data privacy are the top three places where banks' finance departments will funnel more dollars next...
Google Cloud dials up confidential computing tool
Google Cloud is ramping up production of its latest security offering, Confidential VMs, which allows users to encrypt sensitive data...
Nasdaq to buy Newfoundland’s Verafin for $2.75B in cash
Nasdaq Inc. agreed to acquire Verafin, a provider of technology that fights financial fraud and money laundering, for $2.75 billion...
BAS 2020: Wells Fargo eyes automation to speed KYC/AML processes
Wells Fargo is prioritizing automation efforts for “know your customer” (KYC) and anti-money laundering (AML) processes in 2021 as the...
