Tag: financial institutions
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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,…
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Hacker News: Ghost Tap: New cash-out tactic with NFC Relay
Source URL: https://www.threatfabric.com/blogs/ghost-tap-new-cash-out-tactic-with-nfc-relay Source: Hacker News Title: Ghost Tap: New cash-out tactic with NFC Relay Feedly Summary: Comments AI Summary and Description: Yes Summary: The text discusses a new cash-out tactic used by fraudsters, termed “Ghost Tap,” which involves relaying NFC traffic to covertly cash out stolen credit card information linked to mobile payment systems…
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CSA: 5 Big Cybersecurity Laws to Know About Ahead of 2025
Source URL: https://www.schellman.com/blog/cybersecurity/2025-cybersecurity-laws Source: CSA Title: 5 Big Cybersecurity Laws to Know About Ahead of 2025 Feedly Summary: AI Summary and Description: Yes Summary: The text outlines upcoming cybersecurity regulations set to take effect in 2025, emphasizing the need for organizations to prepare adequately to avoid non-compliance penalties. Key regulations include the NIS 2 Directive,…