As open banking continues its path toward offering consumers greater financial products and services, it is interesting to consider what things are necessary for open banking to become the new …
Read More »Key security questions in an open banking ecosystem
While open banking represents a step forward for financial institutions, data and customer identity must remain the highest priority. In fact, the European Banking Authority (EBA) recently released new guidelines …
Read More »Personal data compromised through API vulnerability
The personal data of consumers who requested a loan and/or credit card from the now liquidated Binbank may have been compromised. The compromised data includes names, passport data, phone numbers …
Read More »Kazakhstan actively developing digital financial infrastructure
The National Bank of Kazakhstan, together with the banking community, is implementing a number of new initiatives on the digitization of financial services such as its launch of the interbank …
Read More »First school of digital economics in Russia
The creation of the first school of digital economics in Russia was announced last fall at the Eastern Economic Forum. The school, founded as an innovative educational project designed to …
Read More »Cyber skills program launches in Australian schools
The Australian Computing Academy (ACA) has announced the launch of the Cyber Security Challenge, a USD 1.35 million program to teach cyber security to year 7-10 students in Australia. The …
Read More »China’s FinTech model and why the West won’t catch up
China has embraced FinTech solutions as ways to make their lives easier, with one-stop shop apps allowing nearly half a billion people to access a dizzying array of financial services. …
Read More »Brexit’s impact on FinTech in the UK and the EU
The full-scale implications of Brexit are unclear for a number of industries, including the FinTech industry. Dr. Joanna Perkins of the Financial Markets Law Committee (FMLC) outlined six key areas …
Read More »Video: 10 strategic technology trends in 2019
From blockchain and artificial intelligence to quantum computing and augmented analytics, here’s an overview of 10 strategic technology trends that are helping to bring the virtual world and the real …
Read More »Infographic: using communication apps in the financial sector
Production and effective communication is vital for any financial company in the modern world. Communication apps such as WhatsApp offer easy communication solutions; however, it is important that financial companies …
Read More »Video: 4 predictions for FinTech in 2019
FinTech has become increasingly influential in markets around the world. Here are four predictions for how FinTech will continue to impact our lives in 2019. BFC FinTech Monitor 17th – …
Read More »The future of banking: secure omnichannel banking
As a broader range of banking services are becoming available on a variety of new platforms, consumers are increasingly using a combination of channels to conduct banking activities. The next …
Read More »5 reasons why IoT is not yet ready for primetime
The internet of things (IoT) has been one of the biggest trends in recent years and promises to continue growing for the foreseeable future. While the benefits of IoT are …
Read More »New international standard for IoT products in development
New connected devices arrive on the market almost daily, and privacy and security issues arising from the use of digital products and services regularly feature in the news. Because of …
Read More »Infographic: the state of the internet of things
The internet of things (IoT) is simultaneously one of the most anticipated and least understood initiatives in modern technology. This infographic shows the results of a survey of 400 IT …
Read More »Infographic: the dangers of the internet of things
There are many issues associated with the internet of things (IoT), especially security-related concerns. Explore some of these issues in this insightful infographic on the dangers associated with IoT. London …
Read More »Kaz’Hack’Stan 2018 outlines changing digital landscape in Kazakhstan
In October 2018, Almaty hosted the second annual Kaz’Hack’Stan Conference. The Conference, devoted to practical issues in the field of information security, included panel discussions, example cases from information security …
Read More »FinTech cybersecurity consortium created
Over the past few years, financial institutions have worked to strengthen their ties with young tech-savvy startups that aim to revamp the way financial services are created and consumed. This …
Read More »2019 FIRST Cyber Threat Intelligence Symposium
The 2019 FIRST Symposium on Cyber Threat Intelligence will be held March 18-20, 2019 in London. The Symposium, hosted by BT and Digital Shadows, will feature one day of training …
Read More »Kazakhstan begins laying financial sector cybersecurity foundation
Participants in the Kazakhstani financial system are faced with new technological challenges that they are unable to adequately face alone. However, the industry is struggling to confront them as a …
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