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Technology is evolving faster than ever, sprouting new business models and paving the way for the rise of fintech companies like Robinhood, PayPal and Coinbase. In addition to disruptions to traditi
Many of us have heard about KYC (Know Your Customers) while opening bank account, Insurance Policy, Investments and Pension Schemes. Bank insist on process to know about the customer before onboa
It looks serious this time: the Trump administration says it’s ready to hit China with direct sanctions for what the US says is a sustained digital industrial espionage campaign. It’s quite unprec
In a recent speech at Bloomberg, Megan Butler, Executive Director of Supervision at the FCA, described the threat level facing financial firms as ‘remarkable’. These comments were made in light of a ...
Retailers are in the midst of the busiest shopping period of the year, starting from Black Friday, through to Cyber Monday, pre-Christmas, Boxing Day and then the January sales. Huge volumes of money ...
Tesco Bank’s £16m fine for its cyberbreach shows how the regulators are now truly baring their teeth on punishing cybersecurity failures. Financial and reputation damage from cyber attacks, therefore,...
So maybe Christmas now means the very predictable gift card swap, but hey, who can’t use a gift card? But beware, there are a ton of scams. This includes physical, not just digital, gift cards. Regar...
Humans have evolved a new body part: the cell phone. One day it will be part of anatomical illustrations of the body in health and medical books probably an appendage on your head. I’m not a Dr. so do...
In today’s information age, a daunting challenge for financial organisations of all sizes is determining the right approach to the storage of large volumes of data in a safe, cost-effective, compliant...
Fraud is a continuing problem globally. In fact, research from Experian highlights the annual cost of fraud as £190 billion, equal to nearly £7,200 per household. Although technology to protect custom...
The first internet protocol, invented back in the 1960s, only allowed machines to talk to each other and could not enable the secure identification of the person using them. This was not a problem for...
The past few years have seen cloud adoption soar as organisations have begun to fully understand the benefits that the cloud can offer in terms of storage, flexibility, scalability and cost savings.