Tag: financial institutions

  • Wired: You Need to Create a Secret Password With Your Family

    Source URL: https://www.wired.com/story/you-need-to-create-a-secret-passphrase-with-your-family/ Source: Wired Title: You Need to Create a Secret Password With Your Family Feedly Summary: AI voice cloning and deepfakes are supercharging scams. One method to protect your loved ones and yourself is to create secret code words to verify someone’s identity in real time. AI Summary and Description: Yes Summary: The…

  • AlgorithmWatch: False Positives — a Podcast on financial discrimination & de-banking

    Source URL: https://algorithmwatch.org/en/false-positives-a-podcast-on-financial-discrimination-de-banking/ Source: AlgorithmWatch Title: False Positives — a Podcast on financial discrimination & de-banking Feedly Summary: What would you do if you were suddenly cut off from all your bank accounts? You can’t pay for anything, and you can’t really get answers as to why it happened.  And how would you feel if…

  • Cloud Blog: Locking down Cloud Run: Inside Commerzbank’s adoption of custom org policies

    Source URL: https://cloud.google.com/blog/topics/financial-services/commerzbank-cloud-run-custom-org-policies/ Source: Cloud Blog Title: Locking down Cloud Run: Inside Commerzbank’s adoption of custom org policies Feedly Summary: Usually, financial institutions process multiple millions of transactions daily. Obviously, when running on cloud technology, any security lapse in their cloud infrastructure might have catastrophic consequences. In serverless setups for compute workloads Cloud Run on…

  • Cloud Blog: Locking down Cloud Run: Inside Commerzbank’s adoption of custom org policies

    Source URL: https://cloud.google.com/blog/topics/financial-services/commerzbank-cloud-run-custom-org-policies/ Source: Cloud Blog Title: Locking down Cloud Run: Inside Commerzbank’s adoption of custom org policies Feedly Summary: Usually, financial institutions process multiple millions of transactions daily. Obviously, when running on cloud technology, any security lapse in their cloud infrastructure might have catastrophic consequences. In serverless setups for compute workloads Cloud Run on…

  • CSA: How Can Financial Services Enhance Cybersecurity?

    Source URL: https://www.dazz.io/blog/10-facts-about-cybersecurity-for-financial-services Source: CSA Title: How Can Financial Services Enhance Cybersecurity? Feedly Summary: AI Summary and Description: Yes Summary: The text highlights the increasing cyber threats faced by financial services organizations and the strategies being implemented to enhance their security posture, specifically focusing on automated security posture management (ASPM) as a solution for vulnerability…

  • Cloud Blog: Google Cloud and Swift pioneer advanced AI and federated learning tech to help combat payments fraud

    Source URL: https://cloud.google.com/blog/products/identity-security/google-cloud-and-swift-pioneer-advanced-ai-and-federated-learning-tech/ Source: Cloud Blog Title: Google Cloud and Swift pioneer advanced AI and federated learning tech to help combat payments fraud Feedly Summary: Conventional fraud detection methods have a hard time keeping up with increasingly sophisticated criminal tactics. Existing systems often rely on the limited data of individual institutions, and this hinders the…

  • Cloud Blog: Locking down Cloud Run: Inside Commerzbank’s adoption of custom org policies

    Source URL: https://cloud.google.com/blog/topics/financial-services/commerzbank-cloud-run-custom-org-policies/ Source: Cloud Blog Title: Locking down Cloud Run: Inside Commerzbank’s adoption of custom org policies Feedly Summary: Usually, financial institutions process multiple millions of transactions daily. Obviously, when running on cloud technology, any security lapse in their cloud infrastructure might have catastrophic consequences. In serverless setups for compute workloads Cloud Run on…

  • Cloud Blog: How Current leveraged Spanner to build a resilient platform for banking services

    Source URL: https://cloud.google.com/blog/products/databases/current-challenger-bank-database-resilience-spanner/ Source: Cloud Blog Title: How Current leveraged Spanner to build a resilient platform for banking services Feedly Summary: Editor’s note: In the heart of the fintech revolution, Current is on a mission to transform the financial landscape for millions of Americans living paycheck to paycheck. Founded on the belief that everyone deserves…

  • Cloud Blog: How Commerzbank is transforming financial advisory workflows with gen AI

    Source URL: https://cloud.google.com/blog/products/ai-machine-learning/how-commerzbank-is-transforming-financial-advisory-workflows-with-gen-ai/ Source: Cloud Blog Title: How Commerzbank is transforming financial advisory workflows with gen AI Feedly Summary: In today’s fast-paced financial landscape, staying competitive requires embracing innovation and efficiency. Commerzbank, a leading German bank, recognized the potential to streamline its internal workflows, particularly within its financial advisory division for corporate clients.  Given regulatory…

  • Slashdot: Fintech Giant Finastra Investigating Data Breach

    Source URL: https://it.slashdot.org/story/24/11/21/2043251/fintech-giant-finastra-investigating-data-breach Source: Slashdot Title: Fintech Giant Finastra Investigating Data Breach Feedly Summary: AI Summary and Description: Yes Summary: The text discusses a significant security incident involving Finastra, a fintech firm that supports major banks. The report highlights the alleged theft of over 400 gigabytes of sensitive data from their internal file transfer platform,…