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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. A massive shift to cloud and API-based ways of working has made the sector become more agile and innovative, but it has also opened the floodgates for identity theft. Avaya’s research report reveals three critical ways to do so.

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Peer-to-peer banking - Trends in the Living Networks

Trends in the Living Networks

The principle is simple – you lend to individuals at interest rates based on their credit rating, and since you’re cutting out the bank as middleman, both lender and depositer get more attractive interest rates than they can get commercially. Banks are the archetypical intermediary, in this case between depositers and lenders.

Banking 83
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Sell-side banks become consultants - Trends in the Living Networks

Trends in the Living Networks

My case has largely been that financial markets salespeople need to build “knowledge-based” relationships with their clients, which requires salespeople to add explicit value to the decision-making processes of the fund managers they deal with. Free chapters) Implementing Enterprise 2.0 m Kaya wrote:Thank you Ross for the great articl.[

Banking 60
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Scenario planning: strategy for the future of global financial services

Trends in the Living Networks

In addition, global economic growth is shifting to the virtual, and developing countries will gradually wean themselves from primary and secondary industries to be significantly based on knowledge-based services. The wildcard is the development of quantum computers, which would make all current bank encryption breakable.

Financial 116
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Lloyds TSB pilots social media - Trends in the Living Networks

Trends in the Living Networks

» Lloyds TSB pilots social media Ross Dawson, February 26, 2008 7:30 PM US PT James Gardner, head of innovation at Lloyds TSB, writes consistently on his blog Bankervision , disclosing some of the key issues involved in innovating in a major bank. Some excerpts from his below show how blogging can change how corporations work.

Media 60
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How to make Facebook secure for organizational use: no more excuses! - Trends in the Living Networks

Trends in the Living Networks

For now it is being trialled in three large institutions, including a global retail bank with 70,000 staff that had received loud complaints from staff when it banned Facebook, and an investment bank that tried to implement an in-house social network based on Sharepoint that its employees didn’t use.

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Network Roundtable: Building Collaborative Teams - Trends in the Living Networks

Trends in the Living Networks

Ross is author most recently of Implementing Enterprise 2.0 , the prescient Living Networks , which anticipated the social network revolution, and the Amazon.com bestseller Developing Knowledge-Based Client Relationships (click on the links for free chapter downloads). Free chapters) Implementing Enterprise 2.0

Network 68