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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

The incident involved scammers who, using publicly available videos and audio from YouTube of targeted senior executives, created deepfake representations to deceive a finance employee into executing multiple transactions to bank accounts in Hong Kong, resulting in significant financial damage to the company.

Social 78
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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. X is the future state of unlimited interactivity – centered in audio, video, messaging, payments/banking – creating a global marketplace for ideas, goods, services, and opportunities. . Sound like a déjà vu moment?

Banking 36
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Lawsuit claims IBM falsely used mainframe sales to boost AI, cloud businesses

CIO Business Intelligence

Defendants portrayed Strategic Imperatives and CAMSS as growing materially beyond actual growth, materially misrepresenting IBM’s shift away from its stagnant legacy mainframe segment.”

IBM 98
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Seattle approves law authorizing more automated speed cameras in bid to curb street racing

GeekWire

Seattle uses speed cameras manufactured by Verra Mobility, a publicly traded company based near Phoenix. It captures photo and video of the vehicle and license plate if the speed exceeds a limit set by the city. The cameras feature a roadside radar-based system that measures the speed of a vehicle.

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Marc Andreessen on the future of technology and the nature of government services

CTOvision

Consider the many services that states are already moving online, like driver licenses and car registration. Many young people today interact with their financial services in ways that will never require them to visit a bank. By 2030 we should expect to have virtual adjudication in many cases. This is just one domain.

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Maximize Reach with Top eReader Platforms for Publishers

Kitaboo

Access to such micro-level data allows publishers to hyper-personalized marketing content via an individual customer’s preferred channel, such as social media, blogs, emails, and messaging apps. These include net banking, debit cards, credit cards, UPI apps, and wallets. These initiatives translate to greater reach.

eBook 78