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A Bank Automation Summit Preview: Key 2023 Banking Automation Trends

Perficient

The Summit brings together experts in the field, including bank executives, technology vendors, and consultants, to discuss the latest advancements in automation and its impact on the banking industry. We’re observing the banking industry’s growing use of RPA. Next, we’re observing a continuously increased focus on customer experience.

Trends 474
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Deep Dive: Why New Hacking Technology Has Made Application Fraud More Difficult To Fight

PYMNTS

These attacks have grown more sophisticated as technology advances, and fraudsters are furthering their schemes with synthetic identity fraud, or scams in which bad actors invent new identities specifically for criminal purposes.

Fraud 208
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World Bank, IMF Debut Private Blockchain And ‘Quasi-Cryptocurrency’

PYMNTS

Instead, the coin will be used to study the technologies used for crypto assets, and how they can be utilized in the real world. In addition, Learning Coin’s app will serve as a “hub for knowledge” where blogs, research, videos and presentations can be stored.

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Topcoder On Minding The Financial Security Of Technology Contractors

PYMNTS

Many are thus turning to gig marketplaces, which can help them connect to programmers and other technology professionals, Dave Messinger , chief technology officer at Topcoder , said in an interview with PYMNTS. . Demand for flexible, reliable and prompt payment extends to knowledge-based professions as well.

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We Can All Learn From Crypto.com’s Hack and Response

Perficient

Customers that can choose their own method of MFA will typically do so based on their personal level of risk aversion, along with their comfort with and understanding of various technologies.

Security 294
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Is It Time To Retire Passwords For Digital Authentication?

PYMNTS

Conventional methods like knowledge-based verification have come under fire recently. This led the National Institute of Standards and Technology (NIST) to issue guidance after the 2017 Equifax breach that prohibits the use of knowledge-based verification among government agencies. Biometrics.

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GAO: Post-Equifax, Agencies Must Tighten Online ID Proofing

PYMNTS

“However, data stolen in recent breaches such as the 2017 Equifax breach could be used fraudulently to respond to knowledge-based verification questions,” GAO wrote. But GAO added that two of the six agencies that the watchdog reviewed have eliminated knowledge-based verification.