For more information, including a direct link to the source articles, visit the Tech Talk page on BankersOnline.com.
AI can drive digital banking engagement
As the threat of fraud continues to grow, financial institutions are exploring new methods to enhance security and protect their customers. However, as fraudsters become more sophisticated, financial institutions are realizing that two factors alone may no longer be sufficient. Get the details at: Tech Talk.
Modern Payments Infrastructure: 1 Platform, 1 API, All Channels Is it time for a solution refresh? Legacy processes can't always keep up. Ask yourself these questions to assess your payments modernization goals and explore the benefits of a single platform for all Day 1 and Day 2 processing.
Must-have features for digital banks
This article explores the pivotal neobank features, examining their role in transforming the financial services landscape and their value proposition to users. Get the details at: Tech Talk.
Money laundering fight may soon turn corner
The law now requires many businesses to provide the government with beneficial ownership information, or “identifying information about the individuals who directly or indirectly own or control a company,” per the Financial Crimes Enforcement Network (FinCEN). Get the details at: Tech Talk.
BaaS as mission-critical infrastructure
There is a misconception of the meaning of BaaS, the notable integration model for banking services which has been the subject of many recent headlines. To restore understanding in 2024 and beyond, BaaS providers need to get back to basics and convey the core value of BaaS. Get the details at: Tech Talk.
Do open banking risks outweigh rewards?
Nearly half of financial institution executives are concerned that open banking may not be a positive value proposition — especially in an environment of increasing fraud. Get the details at: Tech Talk.
The rapid evolution of card payments
The physical card is dead, long live the physical card. Explore the future of card payments and the challenges traditional banks face when competing for primary account status. Get the details at: Tech Talk.
Cash-back deals drive bank payments adoption
Amid consumer hesitation to adopt account-to-account (A2A) payments, cash-back incentives could go a long way toward driving use. Get the details at: Tech Talk.
Championing ethical hackers
The costs of experiencing cybercrime continue to rise. The IBM Cost of a Data Breach Report 2023 reveals that the financial sector comes in second on the global scale of cyber incident expenses, surpassed only by healthcare. Get the details at: Tech Talk.
OCC concerned about bank-fintech collaboration
Michael Hsu, CEO and acting comptroller of the currency for the Office of the Comptroller of the Currency (OCC), recently reiterated his agency’s commitment to mitigating any perceived risks in banking — especially those triggered by collaborations with FinTechs. 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
BOL Career Connect
On the lighter side...
Time travel back to 2002 on BankersOnline. On the forums, then called Banker Threads, thomasj posted, "How about your best bank jokes? Here is one to get you started."