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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. A recent study from IDC suggests that by 2026, 70% of financial institutions will have formalized data governance frameworks in place.

Tools 221
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Who’s Responsible For IoT Security?

PYMNTS

Promising as intelligence of things (IoT) solutions are, though, security has been a stumbling block. The June IoT Tracker explores the latest advancements in IoT security and new applications of smart technology. According to the tracker, the global IoT security market is expected to increase by a 35.5

Security 174
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The High Cost Of KYC And AML Security Lapses

PYMNTS

percent: Projected CAGR of the global AML software market as measured from 2019 to 2026. million: Average annual AML compliance spending for Canadian firms with less than $10 billion USD in total assets. 10,000: Number of KYC images from crypto exchange Binance allegedly accessed by a cybercriminal.

Security 192
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Kraken secures UK EMI authorisation and prepares for IPO in 2026

The Paypers

Kraken has secured an EMI authorisation from the UK’s FCA to accelerate its development in the region, amid preparing for IPO in 2026.

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Security and convenience: a perfect relationship?

Bobsguide

Fast forward to today: according to Fortune Business Insight, the global market for anti-fraud solutions will grow from $19.3bn in 2018 to $110bn in 2026. In 2016, the global fraud detection market was valued by Allied Marked Research at $13.6bn. The growth is exponential, and the banking,

Security 141
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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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A Digital Solution For Every Problem 

PYMNTS

Securing all those news services? trillion: Estimated value of the digital payment market by 2026. $30 30 billion: Estimated value of the digital payments security market by 2026. Want to spend crypto on regular eCommerce sites? No problem. Well… that can get a little complicated.