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Remote Onboarding Boom Being Secured By Multifactor Authentication

PYMNTS

Remote onboarding has overtaken (some might say overwhelmed) banks and merchants all year long as a deluge of faceless applicants opened accounts and cards. Financial institutions (FIs) and other issuers need more assurance than they’ve been getting, however, as cyber scams founded on false identities and bogus accounts are through the roof.

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Leveraging Structured Notes To Differentiate A Solo Practice

CFO News Room

What’s unique about Anh, though, is how, as a solo advisor, she differentiates her firm by leveraging the combination of a high-touch concierge approach to client service with a unique investment management approach through the use of very carefully chosen structured notes to differentiate her portfolio design from other advisors.

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Trulioo: Dramatic Fraud Spike Threatens Secure Digital Future

PYMNTS

Instead, reports indicate that fraud is up more than 50 percent year on year, fraudulent account openings have risen 33 percent since the pandemic began and synthetic fraudsters are generating 10 percent to 15 percent of annual fraud losses. Leveraging The Power Of Layers .

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Deep Dive: Reducing The Security Risks Of Open Banking

PYMNTS

Open banking is one of the most significant emerging trends in the financial industry, allowing banks and FinTechs to share financial data in a quick, easy and secure manner across a network of platforms. Security Risks Facing Open Banking. Securing Open Banking Systems.

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Deep Dive: How FIs Can Keep Their Digital-First Innovations Secure

PYMNTS

Financial institutions (FIs) around the world are confronting these issues with numerous digital implementations , as 85 percent of banks are offering some form of digital account opening, for example. One study found that the use of malicious botnets to register false accounts increased by more than 70 percent in Q3 2019, for example.

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Why Do I Need ERP If My System Already Works?

Navigator SAP

Entrepreneurs often love leveraging the power of applications to accomplish their work, but how truly effective is your software if it’s all siloed in disparate systems? ERP solutions hold vast amounts of data from all of your business operations—ranging from accounting to manufacturing to human resources and beyond—in one central place.

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Businesses Re-Evaluate Web Security After Attacks On US Government Sites 

PYMNTS

Treasury and Commerce departments are unable to protect their digital databases, lesser organizations would be seemingly hard-pressed to prevent similar security breaches. Justice Department, National Security Agency and the White House. The thinking goes that if the U.S. It includes all five branches of the U.S.