$3.46 Trillion in 3 Months: China’s Colossal Mobile Payments Market
Xinhua News reports that consumers in China’s third-party mobile payment market spent a total of $3.46 trillion (23 trillion yuan) ...
Tag: Security
1 in 5 Consumers No Longer Carry Cash
Mobile wallets may not be replacing cash as yet, but that doesn’t mean cash is still the consumer go-to. About ...
Users Will Toss Finance Apps With First Sign of Bugs
Bugs in your app? Say buh-bye to your users. Consumers are unforgiving when it comes to dealing with technological bugs ...
Not All Banking Execs Are Concerned with Mobile Biometrics
Two-factor authentication is interesting when it comes to mobile biometrics in finance—but that doesn’t make it necessary, at least according ...
Is Your Board Ready To Comply With Cybersecurity Regulations?
Last year, regulators in New York decided to take cybersecurity matters for financial institutions into their own hands, releasing a ...
The Future of Money is Cloudy, with a Chance of Security Breach
Financial services organizations are among the leading adopters of cloud services, according to McAfee’s recent Cloud Security Report. This shift ...
Over One-Third of CyberAttacks Against FIs Are Successful
Attackers are able to breach a financial institution’s network in 33% of attacks, despite growing confidence among financial professionals regarding the ...
Coinbase vs. the IRS: The Privacy Battle Rages On
Digital currency exchange Coinbase obtained a BitLicense from the New York Department of Financial Services, a grant that officially authorizes ...
Why FIs Should Be Worried About Ransomware
$209 million dollars. That’s the amount of money criminals made in the first three months of 2016 through the deployment ...
Behavioral Recognition Is One-Upping Biometrics in Cybersecurity Circles
Scanning a thumbprint to access your bank account seems completely safe, right? Well, a notorious German hacker names Jan Krisller – ...
