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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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The AI cat and mouse game has begun

CIO Business Intelligence

If you are a CIO or CISO and haven’t yet read this article – Finance worker pays out $25 million after video call with deepfake ‘chief financial officer,’ you should and then share it with your entire company. Typical tactics may involve phishing emails or deceptive social media messages designed to steal company credentials.

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CIOs Struggle To Find The Machine Learning Employees That They Need

The Accidental Successful CIO

People with the CIO job at banks, insurers and other financial companies say efforts to expand their use of artificial intelligence are being hampered by a scarcity of both data and employees with the skills that are needed. CIOs view “big tech” companies leveraging AI as emerging competitors in the financial-services market.

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Paul G. Allen Family Foundation giving $1.4M in COVID-19 relief aimed at underserved communities

GeekWire

“We cannot overlook communities that are disproportionately burdened by the economic and social impacts of this pandemic,” Jody Allen, chair of the Allen Family Foundation, said in a news release. The foundation cited federal data being analyzed by the Washington Office of Financial Management, which has found up to 1.8

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Law firm is strictly watching the Houser LLP data breach

Dataconomy

Situated in Irvine, CA, Houser LLP offers specialized legal counsel to various commercial entities and financial organizations. Houser LLP, with its expansive network of approximately twelve offices across the country, aims to provide comprehensive legal services within all principal financial hubs.

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X vs PayPal: Ex-Twitter might become the WeChat of the West

Dataconomy

With this transformation, a pivotal feature set for X will be centralized around banking and payment services. While the specifics of X’s financial offerings remain shrouded in mystery, drawing parallels from its inspiration, WeChat, may offer some insights. already boasts sophisticated financial alternatives. Absolutely.

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Cloud, SaaS boost Oracle sales, but competition exacts costs

CIO Business Intelligence

In the financial services sector, Oracle signed TD Bank, Silicon Valley Bank, Societe Generale in France, and the company expects to close a deal with BNP Paribas soon, Ellison said, according to a transcript from Seeking Alpha. While overall revenue including services and license support rose 4% year over year to reach $10.5

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