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Celebrating FinCrime Fighter Day: Honoring the heroes of financial security

Abrigo

Since we founded the day of recognition in 2018, it’s become an opportunity for the nation to show gratitude for FinCrime fighters’ work in the financial industry. But here’s where it gets interesting: as threats evolve, so too does the technology used to fight them. That’s exactly what AML/CFT professionals do. So, thank you.

Security 221
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FitPay Founder & COO Michael Orlando Joins Bank Innovation 2018

Bank Innovation

EXCLUSIVE- Michael Orlando, founder of FitPay, a provider of payment technology for wearables, has joined the speaker faculty for Bank Innovation 2018, which takes place March 5-6 in San Francisco. The company went on to be acquired by security technology company Next-ID Inc., Orlando founded FitPay in 2014.

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Mastercard Talks Securing Innovation, And Innovating Security

PYMNTS

In financial services today, security and innovation can work with each other, and against each other. But customers’ constant demand for cutting-edge products and services is adding to the load of already heavy security burdens. Meanwhile, criminals are increasingly using technology designed for good in a nefarious manner.

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Six Keys to Meaningful Evaluation of New Financial Technology

Jack Henry

Banking and securities lead all industry sectors in terms of average IT spending as a percentage of revenue, at nearly 8%, according to a 2018 Deloitte study. Global IT spending in the banking sector during 2021 is estimated to be nearly $300B.

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What Will Happen to Fintech in 2018? More Blockchain, More Loans, More Fraud, Mitek Says

Bank Innovation

EXCLUSIVE- Blockchain technology and digital loans will continue to grow in 2018 as banks continue to work on their cybersecurity in the coming year, software provider Mitek predicts. It’s just logical that given the extent of recent data breaches, that we’re going to see more of the same.

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Ant Financial Debuts Technology Brand For FIs

PYMNTS

20), Ant Financial announced the launch of Ant Financial Technology, a unit designed “to support the growth of financial institutions by improving user experience and lowering cost.” The brand was announced at the 2018 Ant Technology Exploration Conference. In a press release issued Thursday (Sept.

Branding 174
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AI Regulations for Financial Services: FinCEN

Perficient

As part of the regulatory process, FinCEN may consider how financial institutions are currently using innovative approaches to compliance such as machine learning and AI, and the potential benefits and risks of specifying standards for those technologies.