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Data Governance in Banking and Financial Services – Importance, Tools and the Future.

Perficient

Banks process an astronomical amount of sensitive information daily—think trillions of transactions annually—and they need to manage that data efficiently and securely. Companies like American Express have adopted Alation’s tools to streamline their data governance operations. It’s essential for survival.

Tools 221
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Revolutionizing the Way We Pay: The Top Payment Industry Trends You Need to Know in 2023

Perficient

Security/Biometric Payments With the widespread popularity of digital payments continuing to grow, security remains at the forefront of concern for payment companies and their vendor partners. To use this offering, cardholders enrolled a fingerprint to have securely stored on their card.

Industry 471
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Practical AI Use for Community Banks

Jeff For Banks

consumers now consider digital banking capabilities essential (Latinia, 2024)while operational pressures require us to do more with less. For Security Bank & Trust, Copilot aligns perfectly with our strengths. Efficiency Demands: With 21 branches, we need streamlined operations to compete. I edited minor things for clarity.

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Connected Vehicle Security Takes A Spot In The Front Seat

PYMNTS

It’s hardly news that consumers (along with regulators and politicians) are becoming increasingly focused on privacy and online security. According to one estimate, “about 50 million internet-connected cars operate on U.S. And, as PYMNTS has documented , one of the main questions there is who is really responsible for IoT security.

Security 119
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Healthcare Looks To 5G For Cost Control

PYMNTS

Engaged consumers are better consumers, and they tend to show more loyalty to businesses or other operations, including hospitals and other healthcare providers. Even beyond any rural-urban divide on 5G, the deployment of the technology will present other challenges and opportunities, including in the area of security.

Analysis 196
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Virtual Assistants Join The Corporate Finance Team

PYMNTS

Artificial intelligence adoption continues to grow in the corporate world, and as businesses look to broaden margins, save money and drive strategic operations, the finance department is a prime target for AI-powered solutions. billion market by 2026 as demand grows from small and medium-sized businesses, too.

Analytics 147
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Deep Dive: How FIs Can Upgrade Authentication Measures To Foil Fraudsters? Open Banking Attacks

PYMNTS

Open banking may soon become table stakes for financial institutions (FIs) — they need to act now and be able to offer it securely or risk getting left behind. percent between 2019 and 2026, hitting $43.2 percent between 2019 and 2026, hitting $43.2 Tightening Authentication. percent “less likely to be compromised.”.

Security 151