OpenText Information Management

JULY 12, 2023

It stands to reason, then, that fax would be the bedrock of financial communications, but are there ways to make it even better? What about incorporating other business drivers such as improved business efficiency or enhanced customer experience? The paper problem Financial services workflows have always been heavily paper-based.

Financial Services 52

Financial Services Cloud Customer Experience Paper 52

OpenText Information Management

JANUARY 12, 2021

It stands to reason, then, that fax would be the bedrock of financial communications, but are there ways to make it even better? What about incorporating other business drivers such as improved business efficiency or enhanced customer experience? The paper problem Financial services workflows have always been heavily paper-based.

Financial Services 89

Financial Services Cloud Customer Experience Paper 89

Thales Cloud Protection & Licensing

JANUARY 16, 2024

Key recommendations for Financial Services to improve cybersecurity and resilience in multi-clouds madhav Wed, 01/17/2024 - 05:46 The Digital Operational Resilience Act (DORA) will apply to the EU financial sector from 17 January 2025. As set out in its Article 2, DORA applies to the entire financial services sector.

Financial Services 83

Financial Services Cloud Cybersecurity Encryption 83

OpenText Information Management

OCTOBER 25, 2021

Every financial services organization today understands the importance of data maturity. Data maturity is about maximizing the value of your data to answer business questions, empower employees and deliver an improved customer experience. But there’s a major gap between where banks are and where they want to be.

Financial Services 62

Financial Services Customer Experience Insurance 62

OpenText Information Management

FEBRUARY 6, 2023

Have you ever been presented with stack of financial documents plastered with sticky notes and felt confused about where to sign and overwhelmed by the wording? This often happens to consumers when, for example, reviewing details about a new car lease or opening a new investment account.

Financial Services 57

Financial Services Customer Experience Retail Cloud 57

Thales Cloud Protection & Licensing

AUGUST 31, 2022

Financial services continue to lead in cybersecurity preparedness, but chinks appear in the armor. It highlights the leadership of financial services in cybersecurity relative to other industries, but it also uncovers some surprising chinks in their cybersecurity armor. Thu, 09/01/2022 - 05:15.

Financial Services 62

Financial Services Cybersecurity Computer and Electronics Cloud 62

Data Breach Today

MAY 29, 2023

UK Financial Services Firms Record $1.5 Billion in Losses Last Year Due to Fraud Losses to fraud reported by Britain's financial services sector exceeded $1.5 About 40% of losses tied to authorized push payment fraud, in which victims get tricked into transferring funds to attackers.

Financial Services 268

Financial Services 268

Data Breach Today

MAY 30, 2023

UK Financial Services Firms Record $1.5 Billion in Losses Last Year Due to Fraud Losses to fraud reported by Britain's financial services sector exceeded $1.5 About 40% of losses tied to authorized push payment fraud, in which victims get tricked into transferring funds to attackers.

Financial Services 243

Financial Services 243

Rocket Software

MARCH 14, 2022

Analyst firm IDC recently published a Vendor Spotlight report featuring ASG Mobius Content Services (Mobius) and its applications in the financial service and insurance industries. Insurance and financial services are built on trust, so these changes will help organizations differentiate from competition.

Financial Services 82

Financial Services Insurance Digital transformation Paper 82

CGI

APRIL 17, 2020

Embracing new ways of working in financial services. In times of crisis, the preservation of key functions and services is critical, regardless of industry. Financial services is no exception, as payments, lending, and trade are the lifeblood of the global economy, even in challenging times.

Financial Services 89

Financial Services Artificial Intelligence Computer and Electronics Cybersecurity 89

IBM Big Data Hub

JULY 31, 2023

Financial services companies are considered institutions because they manage and move the core aspects of our global economic system. And the beating heart of financial institutions is the IBM mainframe.

Financial Services 50

Financial Services Digital transformation Computer and Electronics Analytics 50

Thales Cloud Protection & Licensing

DECEMBER 5, 2018

One of the top findings from the 2018 Thales Data Threat Report, Financial Services Edition was that data breaches in U.S. financial services organizations are increasing at an alarming rate. The post Financial Services Data – More at risk than you’d believe appeared first on Data Security Blog | Thales eSecurity.

Financial Services 75

Financial Services Risk Digital transformation Data breaches 75

Thales Cloud Protection & Licensing

NOVEMBER 4, 2020

Financial Services Organizations Need to Adapt their Security Practices to the Shifting Environment. Even “traditional banks” seek to drive more revenue from digital products, personalized services and experiences. At the same time, financial services organizations need to adapt to a shifting global environment.

Financial Services 62

Financial Services Security Digital transformation Encryption 62

OpenText Information Management

JUNE 6, 2018

In a recent blog, I wrote about the increasing prominence of AI in financial services. It’s a hot topic that’s topping the agenda of most financial … The post Customer experience in Financial Services appeared first on OpenText Blogs. The other session I’ll be holding is around customer experience.

Customer Experience 45

Customer Experience Financial Services Analytics 45

Data Breach Today

OCTOBER 16, 2021

TA505 APT Group delivers phishing email containing malicious links Researchers at Morphisec Labs have published fresh details about a new MirrorBlast campaign that they say is run by a Russia-based threat group TA505, targeting financial services organizations.

Financial Services 343

Financial Services Phishing 343

OpenText Information Management

FEBRUARY 13, 2018

The CIOs talked about enabling technologies such as AI, APIs and analytics. The recent Gartner’s 2018 CIO Agenda Survey found that digital transformation is more important for banking than any other industry sector.

Digital transformation 66

Digital transformation Financial Services Analytics 66

Security Affairs

FEBRUARY 20, 2024

Law enforcement provided additional details about the international Operation Cronos that led to the disruption of the Lockbit ransomware operation. Yesterday, a joint law enforcement action, code-named Operation Cronos , conducted by law enforcement agencies from 11 countries disrupted the LockBit ransomware operation.

Energy and Utilities 102

Energy and Utilities Ransomware Manufacturing Agriculture 102

Data Matters

FEBRUARY 10, 2021

On February 4, 2021, the New York Department of Financial Services (NYDFS) issued Circular Letter No. Insurers should offer comprehensive information about cybersecurity measures and incentivize the adoption of these measures through insurance pricing policies based on the effectiveness of each insured’s cybersecurity program.

Insurance 79

Insurance Financial Services Cybersecurity Risk 79

Hunton Privacy

JANUARY 24, 2018

On January 22, 2018, the New York Department of Financial Services (“NYDFS”) issued a press release reminding entities covered by its cybersecurity regulation that the first certification of compliance with the regulation is due on or prior to February 15, 2018.

Financial Services 58

Financial Services Cybersecurity Compliance Insurance 58

Data Matters

AUGUST 19, 2020

On July 21, 2020, the New York State Department of Financial Services (NYDFS or the Department) issued a statement of charges and notice of hearing (the Statement) against First American Title Insurance Company (First American) for violations of the Department’s Cybersecurity Requirements for Financial Services Companies, 23 N.Y.C.R.R.

Financial Services 68

Financial Services Cybersecurity Insurance Risk 68

Dark Reading

OCTOBER 25, 2022

Trend Micro research finds most are over-confident about ability to withstand ransomware.

Financial Services 58

Financial Services Ransomware Security 58

Gimmal

FEBRUARY 9, 2021

Many legal and financial services still require paper records in certain situations—real ink signatures on contracts over digital signatures. In an AIIM survey, 66% of people reported that paper use in their organization wasn't declining - in fact, 42% said that paper use was increasing.

Records Management 98

Records Management Paper Financial Services Risk 98

The Last Watchdog

FEBRUARY 11, 2024

Related: The case for augmented reality training Because of this, cybersecurity investments and regulatory oversight are increasing at an astounding rate , especially for those in the financial services industry, bringing an overwhelming feeling to chief compliance officers without dedicated security teams.

Risk 234

Risk IT Financial Services Cybersecurity 234

Security Affairs

APRIL 28, 2024

ICICI Bank Limited is an Indian multinational bank and financial services company headquartered in Mumbai. It offers a wide range of banking and financial services for corporate and retail customers. However, we assure that the Bank will appropriately compensate a customer in case of any financial loss.”

Financial Services 114

Financial Services Retail IT Information Security 114

IBM Big Data Hub

MARCH 20, 2024

Organizations in the financial services, healthcare and other regulated sectors must place an even greater focus on managing risk—not only to meet compliance requirements, but also to maintain customer confidence and trust. Read to learn more about cloud adoption within financial services?

Cloud 74

Cloud Financial Services Risk Business Services 74

Data Matters

MAY 14, 2019

In particular, William advises international clients on a wide variety of General Data Protection Regulation (Regulation (EU) 2016/679) (‘GDPR’), data protection, cybersecurity and financial services issues. Read the Full Interview.

Financial Services 68

Financial Services GDPR Big data Data Privacy 68

Data Breach Today

AUGUST 9, 2019

Financial Services Companies Fared Better Than Most, SecurityScorecard Finds More than two months after Microsoft issued the first warnings about the BlueKeep vulnerability, many enterprises have a spotty record when it comes to patching for this particularly worrisome flaw, new research from SecurityScorecard finds.

Financial Services 169

Financial Services IT 169

Hanzo Learning Center

NOVEMBER 21, 2018

Remember when nothing terribly important happened on social media? When Facebook was just a silly diversion where twenty-somethings could let their friends know what they were up to?

Financial Services 40

Financial Services Archiving Compliance 40

IBM Big Data Hub

JUNE 12, 2023

We see public cloud as an enabler of a better future for financial services, not as a destination. The future for financial services is bright. And we’re very proud to be at the heart of it.

Cloud 86

Cloud Financial Services Digital transformation Risk 86

Data Matters

FEBRUARY 20, 2019

On January 18, 2019, the New York State Department of Financial Services (NYDFS) issued Circular Letter 2019-1 (the Circular Letter), addressing insurers’ use of external consumer data and information sources in underwriting for life insurance.

Insurance 68

Insurance Financial Services Compliance Retail 68

IBM Big Data Hub

OCTOBER 10, 2023

These attacks are even more detrimental in critical systems, which include IT infrastructure and financial services organizations. IBM Cloud for Financial Services This is where IBM Cloud for Financial Services shines—it helps clients to fill that gap by supporting innovation while guaranteeing security and compliance.

Cloud 74

Cloud Financial Services Compliance Risk 74

IBM Big Data Hub

AUGUST 10, 2023

By prioritizing resiliency, performance, security and compliance, fintechs are helping to revolutionize the way financial services are delivered. Learn more about IBM Cloud The post Fintechs turn to AI and cloud as steadfast forces for innovation appeared first on IBM Blog.

Cloud 65

Cloud Financial Services Artificial Intelligence Digital transformation 65

The Security Ledger

MARCH 26, 2021

In this week’s Security Ledger Podcast, sponsored by Trusted Computing Group, we’re talking about securing the hardware supply chain. When we think about cyber threats to the hardware supply chain, we. In this week’s Security Ledger Podcast, sponsored by Trusted Computing Group, we’re talking about securing the hardware supply chain.

Computer and Electronics 52

Computer and Electronics Financial Services Risk Paper 52

IBM Big Data Hub

SEPTEMBER 18, 2023

At the same time, we are increasingly seeing regulators more closely monitor the industry’s relationship with non-traditional players (such as fintechs and neobanks), aimed at mitigating the introduction of potential risks into the financial services ecosystem.

Customer Experience 70

Customer Experience Financial Services Cloud Compliance 70

The Last Watchdog

JANUARY 28, 2024

That could be about to change. I had the chance to visit with , senior scientist at NTT Research’s Cryptography & Information Security (CIS) Lab , to learn more about the progress being made on a promising concept called “privacy preserving aggregate statistics.”

Privacy 263

Privacy Data Privacy GDPR Personal data 263

Hunton Privacy

NOVEMBER 1, 2022

The Report discusses the need to adapt existing policy frameworks to account for the change brought about by DeFi to the underlying information structure upon which financial services are provided. The Report analyzes the opportunities and risks associated with DeFi applications.

Financial Services 115

Financial Services Blockchain Risk Marketing 115

Jamf

JULY 20, 2021

The Financial sector has adopted technology and security to provide digital financial services and safeguard data.

Financial Services 59

Financial Services IT Cybersecurity Risk 59