June 18, 2021

Tech Talk Editor George Milner has compiled a summary of this week's tech and cybersecurity news:

  • AI helps FIs grow
  • How ATMs have adjusted to COVID-19
  • BaaS: Responding to societal trends
  • Proactive analytics help banks onboard
  • How cloud lightens the heavy lifting
  • Easing customers' AML/KYC concerns
  • Why are cyberattacks targeting employees?
  • Retail banking: Cloud momentum is building
  • How do modern banks use big data?
  • Spam, Scams & Breaches
  • Updates, Patches & Alerts
  • and on the lighter side...
For more information, including a direct link to the source articles, visit the Tech Talk page on BankersOnline.com.

AI helps FIs grow
Bank executives across the board are now looking to increase their investment in AI for managing credit risk, pushed by the evolving needs of the market and their customers. Get the details at: Tech Talk.

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How ATMs have adjusted to COVID-19
The pandemic has changed every industry from top to bottom, and the ATM industry is no exception. Even as we begin transitioning into the post-pandemic environment, many of these trends such as increased health standards and more contactless options will still remain. Get the details at: Tech Talk.

Responding societal trends through BaaS
Anders Olofsson, Head of Payments, Finastra, speaks about the top drivers for change and disruption in the payments space and the significance of embedded finance. Get the details at: Tech Talk.

Proactive analytics help banks onboard
Up to half of all bank customers abandon an onboarding process at some point during their lives, meaning it is critical for FIs to strike the right balance between offering convenience and security during sign-up. Get the details at: Tech Talk.

How cloud lightens the heavy lifting
The future of cloud-native banking services will revolve around the ability to offer modularity and flexibility, alongside rapid time-to-market and a stable base for scale and innovation. Get the details at: Tech Talk.

Easing customers' AML/KYC concerns
Businesses looking to improve their anti-money laundering (AML) and know your customer (KYC) protocols are thus faced with a significant challenge when it comes to protecting customers’ privacy. Get the details at: Tech Talk.

Cyberattacks are tailored to employees...Why?
Cybercriminals increasingly target specific employees based on real-time factors like tenure, department, and location to make their scams more believable. To safeguard against these threats, security training must be as tailored and sophisticated as attack methods. Get the details at: Tech Talk.

Cloud momentum is building in retail banking
As the COVID-19 crisis continues to play out, the need for banks to transform digitally using cloud is accelerating by the day. Get the details at: Tech Talk.

How do modern banks use big data?
We have been hearing about big data more and more often. Take a closer look at the tasks tackled by big data in banking and the ways it ensures cyber security and increases customer loyalty. Get the details at: Tech Talk.









See what other current hot cyber and technology topics affecting financial institutions BOL users are discussing in the Technology Forum.


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On the lighter side...

And on the lighter side...

Many of us have become accustomed to our virtual world, but what would it look like if computer issues were real? We're glad you asked. If Computer Problems Were Real



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