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Severe attacks are on the rise in all sectors, including financial services. There are several specific defenses banks can employ to mitigate and recover from them.
October 28 -
The bank says the deal will appeal to millennials' preference for installment loans over credit cards and let consumers get an early upgrade to the next Xbox coming out next year.
October 28 -
Uber launched a series of financial services to provide real-time wage payments and enhanced account features in a single app, seemingly putting Uber in the role of a digital bank.
October 28 -
A few weeks after debuting voice-supported recurring bill payments in India, Amazon is extending a similar feature to most of its markets.
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The company has recruited bankers from Wells Fargo, Deutsche Bank and smaller firms to expand its corporate banking team that serves financial technology clients.
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With data collection, just because you can doesn’t always mean you should, says Equiniti's Sarah Jackson.
October 28Equiniti Credit Services -
Halloween is often overlooked as a minor holiday that involves no gift-giving. The reality is that Halloween marks the beginning of a long consumer spending spree that goes through major holidays including Thanksgiving, Christmas, Hanukkah, Diwali and others.
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Regulators globally are using "tech sprints" to test new anti-money-laundering solutions. More can be done, but it's a good start.
October 28Alliance for Innovative Regulation -
With simple passwords more vulnerable than ever, a growing number of CUs are deploying multifactor authentication techniques to bolster security.
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Regulatory bodies are making modifications to disclosure requirements with greater frequency, requiring issuers to spend time and money to make updates across what is often a complex mixture of products, communications and channels, says Messagepoint's Fred Harding.
October 28Messagepoint