Bank Innovation

DECEMBER 28, 2017

As we wrap up another year, we turn our attention to the most popular posts published on our blog in 2017. As we approach the end of 2017, it’s time to take a look at key B2B marketing trends that will emerge in the year ahead. The post A Look Back at Our Top 10 Marketing Blog Posts of 2017 appeared first on circle S studio.

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PYMNTS

JUNE 29, 2020

Open banking is one of the most significant emerging trends in the financial industry, allowing banks and FinTechs to share financial data in a quick, easy and secure manner across a network of platforms. Security Risks Facing Open Banking. billion such attacks between December 2017 and November 2019, 16.55 There were 85.42

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PYMNTS

MARCH 25, 2019

Thus, IoT security is becoming an essential part of modern conversations. Department of Homeland Security (DHS) and data security and privacy practice chair of D.C.-based A lot of the devices we’re talking about have no security. They weren’t built with security in mind, and there really isn’t any way to patch them.”.

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Bank Innovation

JULY 3, 2018

million) in 2017, up from £7.9 PREMIUM - U.K. challenger bank Monzo has made headlines recently for massive losses that quadrupled year-over-year. Loses were recorded at £33.1 million ($43.6 million ($10.4 million) the previous year, according to the Financial Times.

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Bank Innovation

SEPTEMBER 27, 2017

What is the state of banking innovation today? Each year, we poll the industry to find out. Fintech funding has grown tougher for startups, but banks’ balance sheets are looking stronger– what does it mean for innovation?

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Bank Innovation

FEBRUARY 6, 2017

Companies from a wide range of fintech are finalists in the demo contest at Bank Innovation 2017, the event announced today. The finalists were chosen from applicants from around the world. A total of 12 companies will demo at Bank Innovation. The winning startup will be named Best in Show. Read More.

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Bank Innovation

DECEMBER 10, 2016

Consolidation, and Winners Emerging Brew Johnson and Brett Crosby, Cofounders, PeerStreet Brew: “I think the biggest trends will be consolidation in the marketplace lending and crowdfunding space, and increased partnerships/collaboration between banks and fintech companies.”

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Bank Innovation

JULY 25, 2017

Customer fears about card security and fraud is increasing, but as it turns out, fewer consumers are actually experiencing that fraud. This is according to the Consumer Payment Card Data Security Perceptions survey by data solutions provider Transaction Network Services, released today.

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PYMNTS

JUNE 29, 2020

Connie Ngo , CertiK’s marketing manager, told CoinDesk in an email that the companies agreed “it would make sense to formally partner with one another as a public promise of Hdac’s focus on security and a symbol of CertiK’s ability to support larger enterprise-level solutions such as Hdac’s.”

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Perficient

APRIL 14, 2022

debt market, the Financial Industry Regulatory Authority (FINRA) developed the Trade Reporting and Compliance Engine (TRACE) in 2002 to facilitate the mandatory reporting of OTC bond transactions in eligible fixed-income securities. Treasury Securities to TRACE. To promote transparency in the large U.S.

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Bank Innovation

JUNE 8, 2018

What is the state of banking innovation today? Each year, we poll the industry to find out. Bitcoin mania has died down in the fintech world, and the conversation has shifted to technologies like voice banking, payments, and alternative credit scoring. This year, the pressure for banks to innovate is high, as banks no longer […].

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Bank Innovation

APRIL 25, 2018

For all the negative press and warnings from various regulatory authorities, initial coin offerings (ICOs) are still a meaningful way for many companies to raise capital. According to a recent report by Fabric Ventures called “The State of the Token Market,” released last week, a total of $5.6

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Perficient

MAY 27, 2022

We’ll then move to the federal level, seeking regulatory guidance as to whether digital tokens are securities under the jurisdiction of the U.S. Securities and Exchange Commission (SEC) or commodities contracts over which the Commodity Futures Trading Commission (CFTC) has regulatory jurisdiction. State Regulations. SEC Regulation.

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PYMNTS

MARCH 8, 2020

In 2017, Bitcoin hard forked, creating Bitcoin Cash, a new cryptocurrency. whether courts allow some cryptocurrencies to constitute securities. Securities sales have to be registered with the Securities and Exchange Commission in the U.S. The result of the ruling could lead to more activity in the French bitcoin market.

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PYMNTS

SEPTEMBER 17, 2020

The site reported that 1,932 BTMs were in the world in December 2017, while there were 4,009 by the close of 2018. Department of Homeland Security is running a contest for the development of a digital wallet, CoinDesk reported. There were 9,680 bitcoin ATMs as of the start of the month, marking a 167 percent year-on-year rise.

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PYMNTS

AUGUST 13, 2020

When drivers pull into participating stations, they will see a notification on Waze prompting their Android or iOS device to securely pay through each company’s app. Val Demmings (D-Florida) on Google’s 2007 acquisition of DoubleClick and its 2017 decision to merge DoubleClick’s data with user account data.

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PYMNTS

DECEMBER 30, 2020

Securities and Exchange Commission filed a lawsuit against Ripple for trading the cryptocurrency without registering it as a security. Binance , Bittrex and Crypto.com have all announced that they will delist XRP following last week’s news that the U.S. Binance said in a blog post that it will suspend XRP trading on Jan.

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Bank Innovation

MARCH 1, 2018

Securities and Exchange Commission is investigating the sale structures of dozens of ICOs that were completed in 2017, according to a report released yesterday by the Wall Street Journal.

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PYMNTS

MARCH 23, 2020

In a “National Security Strategy” paper that debuted in 2017, the current administration said that “Data, like energy, will shape U.S. Key to getting data to those who need it, with speed and security, will be 5G, which the paper notes is needed to “improve America’s digital infrastructure.”

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PYMNTS

SEPTEMBER 21, 2020

Between 1999 and 2017, FinCEN flagged more than $2 trillion in suspicious transactions. Among the scams highlighted include HSBC in Hong Kong, which allowed a $15 million Ponzi scheme to move its money even after the business was being barred from operating in three states.

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PYMNTS

SEPTEMBER 8, 2019

The server held the resumes of job applicants spanning 2014 and 2017, and included private information such as phone numbers, home addresses, email addresses and prior work experience. While there’s no set number on how many users were affected, one folder from May 2017 contained thousands of resumes.

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Chris Skinner

MARCH 15, 2017

Since 2010, 19 new retail and commercial banking licenses have been issued, with at least eight more pending as at January 2017. To corroborate this statement, PwC with YouGov polled more than 2000 British consumers in January 2017 on their awareness of and preference for different types of banks, banking products and services.

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Bank Innovation

SEPTEMBER 7, 2017

The Minneapolis-based bank ran an employee pilot over the summer and initiated work on the Alexa skill earlier in 2017, said Gareth Gaston, executive vice president and head of omnichannel banking at U.S. […]. Bank has become part of a select group – banks that allow customers to access their accounts via voive with Amazon Alexa.

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PYMNTS

DECEMBER 9, 2018

With retailers struggling to get compliant with the Payment Card Industry Data Security Standard , qualified security assessors are going to be in more demand and can offer tokenization as one way of achieving compliance. That’s according to TokenEx , which recently hosted a webinar to help retailers better understand tokenization.

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Bank Innovation

JANUARY 25, 2017

More fintech is coming to Austin. The massive South by Southwest conference and festival features startups in a number of categories — transportation, augmented/virtual reality, and of course fintech — plus several others. The event is the 9th annual pitch session for SXSW’s accelerator.

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PYMNTS

OCTOBER 15, 2020

The Central Bank of Nigeria had decreed that cryptocurrencies were not legal tender in the country back in 2017, as the Securities and Exchange Commission of the nation cautioned against the risk of crypto investments. In September, however, watchdogs reportedly indicated interest in supervising the vertical.

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PYMNTS

JANUARY 8, 2019

The new service, called Xfinity xFi Advanced Security, was developed to protect numerous smart devices from potential hackers and malware attacks. Also, the number of attacks against Internet of Things (IoT) devices is growing as well – 600 percent between 2016 and 2017. That’s why we developed xFi Advanced Security,” he said. “We

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PYMNTS

JULY 4, 2018

The ETFMG Prime Cyber Security ETF, for example, has risen 18 percent this year, CNBC reported. The exchange-traded fund, which was founded in 2014, notched staggering returns of 31 percent following the Equifax data breach in 2017, twice that of the S&P 500 return during that same time period. billion last year.

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PYMNTS

NOVEMBER 24, 2019

The information exposed did not include any financial information, social security numbers or password data. None of your financial data (including credit card information) or social security numbers were involved, and no passwords were compromised,” said the disclosure. . That is 24 percent higher than in 2017.

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PYMNTS

AUGUST 13, 2020

By comparison, the first 3-D Secure (3DS) technology provides consumers with a user experience marked by lengthy times for processing and verification. A 2019 LexisNexis study found that overall retail fraud attempts increased by two times year over year and three times since 2017. Merchants pay $3.13 the prior year, by its measures.

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PYMNTS

MAY 1, 2020

have passed laws or implemented programs over the past two years to put more focus on digital banking and data security, fundamentally changing how online transactions work. with ease, control and security.”. This also makes data security critical, though, because banks must protect growing volumes of personal information.

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PYMNTS

FEBRUARY 12, 2020

As Colin Bastable, CEO of security awareness and training company Lucy Security, noted in an email to PYMNTS that this type of fraud doesn’t necessarily require hacking technology on an expert level. The size and scope of the problem has been steadily rising since FBI’s 2017 Internet Crime Report.

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Bank Innovation

OCTOBER 11, 2017

But, that majority still won’t leave their bank for a younger fintech model, according to the 2017 Annual […]. A majority of American consumers want to do their banking online, and think that physical financial institutions are moving to their end as well as agree that larger banks don’t innovate fast enough for new customer needs.

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PYMNTS

JUNE 24, 2020

Neil Campling, an analyst at Mirabaud Securities, told CNBC that the transaction was structured in such a way that SoftBank took no financial risk. The Netherlands accounting firm said it was unable to conclude whether revenues booked from three partner processing companies ever existed for 2016, 2017 or 2018, CNBC reported.

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PYMNTS

MARCH 7, 2019

Data privacy and security is becoming a popular political issue, and the latest proof of that came Thursday (March 7) on Capitol Hill. The hearing took place at a time of increasing scrutiny for online privacy and security. Equifax disclosed the hack in September of 2017. During a hearing for the U.S.

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PYMNTS

JANUARY 26, 2021

MobileCoin complements the privacy-focused app in that it is “more resistant to surveillance,” according to a 2017 Wired report. Signal is exploring the idea of adding cryptocurrency payments into its messaging app by integrating MobileCoin , a cryptocurrency supported by the Stellar blockchain, Platformer reported.

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PYMNTS

JULY 9, 2020

Relying on static usernames and passwords to authenticate customers is no longer sufficient, and many FIs are therefore examining how tools like biometrics can offer greater security. Around The FI Fraud Decisioning World. percent of all fraud reported in 2019. Get the scoop in the Playbook. About The Playbook.

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