Tag: financial institutions
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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…
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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…
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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…
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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…
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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…
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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,…