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Three Ways Banks Can Improve Identity Authentication and Customer Data Privacy

CIO Business Intelligence

Digitalization is a double-edged sword for banks, especially when it comes to security. As financial services become more digital in nature, it’s important that banks think differently when using data analytics, security tools, and education to improve identity authentication and customer data privacy.

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Provisional Authenticity and Functional Privacy

Phil Windley

Summary: Provisional authenticity and confidentiality can help us manage the trade offs between privacy and authenticity to support online accountability along with functional privacy. Authenticity is often driven by a need for accountability 1. That's why, when you open a bank account, they ask for numerous identity documents.

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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

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. The coronavirus made visiting the bank impossible for a time, and now reliance on banking apps has soared.

Banking 52
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Low code/no code tools reap IT benefits—with caveats

CIO Business Intelligence

Low-code/no-code visual programming tools promise to radically simplify and speed up application development by allowing business users to create new applications using drag and drop interfaces, reducing the workload on hard-to-find professional developers. It’s for speed to market,” says CTO Vikram Ramani.

Tools 120
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How Serious Is The Lack Of Machine Learning Talent?

The Accidental Successful CIO

However, at banks, insurers and other financial companies their use of artificial intelligence is being especially hampered by a scarcity of data and talent. The banking and financial services sector have been showing a steady increase in demand across the board for AI-enhanced robotic process automation tools.

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Web 2.0 is Collapsing Under its Own Weight

Phil Windley

What started out as an easier way to do things like shop, bank, and get health care information has become increasingly complex over time. And it's not just doctors, of course, banks, government agencies, hospitals, ecommerce sites, and customer service systems all adopt these special purpose messaging systems. People need tools.

Banking 50