One of the main goals of PSD2 is to provide consumers with better service, both in terms of user experience and security. PSD2 was developed with consumers in mind. It is intended to enhance transparency and improve the customer experience while lowering costs through competition.
If you're a provider of financial services, then client trust, privacy, and risk management are critical to your success. Therefore, you must protect your organization's sensitive data from cyber attacks and data breaches. A recent survey of current software security practices in the financial services industry...
A flood of new technology is racing toward the financial services industry - most notably, increased automation for internal processes to improve margins, as well as the development of new software to create a complete and seamless customer experience in traditional, online, and mobile banking.
FSI organizations...
The fast-evolving, sophisticated, and increasingly global threat of financial crime is one of banking's biggest challenges. To be truly future-proof, institutions must move faster than the criminals who seek to attack them - which makes one thing clear: The most successful and profitable banks of tomorrow will be...
Disruption continues to reshape the financial services industry. Time-proven products and services have been rendered obsolete in the blink of an eye, rewriting the banking landscape and leaving it scattered with new challenges.
Online banking and faster payments have been embraced by customers, but money launderers...
The EU Payment Services Directive (PSD2),
presents any business that processes online
payments or provides account related services
in the European Economic Area (EEA) with the
challenge of balancing the Strong Customer
Authentication (SCA) requirements with a seamless
buyer's journey.
To gain competitive...
Account takeover is the fastest growing fraud vector in retail banking. It's lucrative. It's a service you never want to provide.
Motivated fraudsters attack from every angle, limiting the effectiveness of the best one-dimensional defenses.
iovation offers the most secure, seamless, and comprehensive solution....
Digital transformation has propelled a wave of new technological advancement that has arguably enriched people's lives. By the same token, the proliferation of machines - physical, virtual and in the cloud - has posed many security challenges and threats across industries, banking being the most noteworthy. As this...
As part of healthcare's digital transformation, payers and providers alike have rolled out patient portals and telemedicine platforms to increase access to care, improve patient participation and decrease healthcare administrative costs.
How secure are these portals? What types of authentication protocols are used to...
There's good news and there's bad news.
The financial services industry gets phished more than most. How well do banks and other institutions defend themselves? In some respects quite well, but no one should be complacent.
Download this industry brief and learn:
How FinServ maintains an above-average resiliency to...
Watch this brief video interview to learn more about how the city of Westland achieved their security goals by harnessing AI to gain the most real-time visibility into their environment.
In recent years, Las Vegas has become a prototypical smart city. Between its fully autonomous vehicles and its array of IoT sensors, the city aims to embrace innovation without compromising the security of its 650,000 residents and 42 million annual tourists.
Yet local governments know that internet-connected...
Much like private companies, state and local governments of all kinds are going through a digital transformation at an unprecedented pace: migrating sensitive data to the cloud, installing internet-connected infrastructure, and offering services powered by smart devices.
At the same time, cyber-criminals are also...
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