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Making Banking a More Effortless Experience

CIO Business Intelligence

Along with nearly every other industry, banking is facing greater competitive pressure than ever. As banks continue to face this reality, they’re also tasked with addressing a variety of rapidly changing issues, including those surrounding data protection, adoption of cryptocurrency, and anonymizing data (AI models). .

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US and Europe will block some Russian banks from SWIFT

The Verge

The letter, signed by the United States, UK, Canada, and European allies, lays out new measures to isolate Russia’s central bank, and announces a new trans-Atlantic task force to freeze the foreign assets of sanctioned individuals. used to authenticate payment instructions between banks. billion to $52 billion.

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Privacy, Authenticity, and Confidentiality

Phil Windley

Summary: Authenticity and privacy are usually traded off against each other. At a recent Utah SSI Meetup , Sam Smith discussed the tradeoff between privacy, authenticity and confidentiality. Authenticity allows parties to a conversation to know to whom they are talking. The following diagram illustrates these tradeoffs.

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Banking and financial software development: Features and requirements

Dataconomy

The development of banking and financial software is essential to the banking sector’s digital transformation. Banks and other financial organizations may simplify operations, boost security, and provide clients with better services thanks to these software solutions. Multiple account types (savings, checking, etc.),

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Making Security Personal: Warn End Users About New Bank App Alert

SecureWorld News

It's a common best practice among CISOs trying to get their employees invested in cybersecurity for the corporate network: make things personal. Department of Justice alert: rogue banking apps and trojans. If there's one thing we can all agree on, it's that a trip to the bank is one of the least exciting errands of all time.

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SWIFT asks its customers to help it end a string of high-profile banking frauds

Network World

Financial transaction network SWIFT called on its customers Friday to help it end a string of high-profile banking frauds perpetrated using its network. The SWIFT network itself is still secure, it insisted in a letter to banks and financial institutions.

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CIOs Look For Ways To Fool Hackers

The Accidental Successful CIO

Image Credit: Brian Klug Every CIO realizes that a key part of their job is to find ways to keep the bad guys out of the company’s networks. However, I think that we all have to agree that despite our best efforts there is always the possibility that the bad guys may find a way to get into our networks.

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