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The evolving landscape of fraud in the financial sector demands a proactive approach to security. As criminals constantly refine their tactics to exploit vulnerabilities, the importance of predicting ...
Whistleblowing has emerged as a pivotal force in unveiling unethical practices and fostering corporate integrity in finance. The concept of whistleblowing in this sector is not new, but its dynamics a...
In his renowned book "The SPEED of Trust: The One Thing That Changes Everything," Stephen Covey emphasizes that the outcomes of one's efforts are determined by trust. To illustrate this con...
The surge in cybersecurity breaches and financial scams presents a significant challenge and it is an ever-present danger in a sector that is increasingly digitalized. The core issue lies in the anony...
Every organisation (enterprises, states, municipalities, 3rd sector) should asap deploy the now available simple EUDI-compatible applications for sending and receiving verified data (credentials) betw...
Recent years have witnessed a significant increase in the level of banking inclusion. In 2022, around 70% of the population had access to a bank account, up from ~40% a decade earlier, according to th...
It’s one year down and one to go for European financial organisations to get their houses in order. These institutions will have until January 2025 to ensure their compliance with the Digital Operatio...
Resilience is a process and an outcome of effectively adjusting to life's challenges and adversities, specifically through the exhibition of mental, emotional, and behavioral flexibility, as well as t...
Zelle is one of the most famous platforms to quickly send money to loved ones, friends, and family. However, now cybercriminals are taking advantage of it to get people’s account information. Using cl...
Few industries have the competitive pressure to innovate — while under as much public and regulatory scrutiny for data privacy and security — as the financial services sector. So, as companies impleme...
In the first four articles of this series (Current Techniques in Identity Verification: Establishing a Chain of Trust (continued)) we outlined the current methods of identity verification. Now we mu...
Introduction In today's dynamic and increasingly digital financial landscape, the quest for maximizing conversions while minimizing financial fraud has become a top priority for businesses. Machine le...