BFSI articles

Phishing Remain Top Threat To Organizations from Financial Services Sector

Phishing Remain Top Threat To Organizations from Financial Services Sector

According to Akamai, 50% of all unique organizations impacted by observed phishing domains were from the financial services sector Newly released data from Akamai’s 2019 State of the Internet / Security Financial Services Attack Economy Report has found that 50% of all unique organizations impacted by observed phishing domains were from the financial services sector.

Only 10% understand how cryptocurrency works: Kaspersky

Kaspersky’s survey found that there is a desire amongst many consumers to use cryptocurrency, but a knowledge gap is getting in the way New Kaspersky’s survey has indicated that a lack of understanding and trust is holding consumers back from using cryptocurrencies. The Kaspersky’s report, ‘Uncharted territory: why consumers are still wary about adopting cryptocurrency’,

Tech Mahindra, Prometeia Collaborate to Provide Governance, Risk & Compliance Services to Banks

Solution to enable banks to respond quickly to the evolution of business and investment strategies in dynamic market scenarios in line with Basel III framework Tech Mahindra and Prometeia, a leader in risk management consulting and software solutions, announced their strategic partnership to provide Governance, Risk and Compliance services to banks in order to improve

Wipro builds blockchain solution for Travacoin

The solution aims to fast-track payments during travel disruptions and optimise administrative overheads Wipro Limited has developed a blockchain-based payment solution for Travacoin, a company specializing in an eponymous digital payment solution. Travacoin is a digital payment system which enables airlines to refund and compensate passengers in a timely manner when a disruption occurs. Passengers

BFSI CXOs Discuss Emerging IT Security Challenges during the Tenable-iValue CIO Meet

The summit was for future-focused CIOs from BFSI sector, predominantly the Public Sector Units (PSUs). With an objective to empower banking, financial services and insurance (BFSI) organizations to recognize and reduce their cybersecurity risks, iValue InfoSolutions, leaders in optimizing, protecting and transforming Digital Assets, in partnership with Tenable recently conducted the CIO Leadership Meet in

Avaya partners with StanChart to deliver CX transformation

Avaya has partnered with Standard Chartered to deliver a multi-year client experience transformation project that will enable the bank to more fully align its services with clients’ fast-paced, digitally connected lives. The Avaya OneCloud Private solution enables organizations like Standard Chartered to hit the ground running with Unified Communications and Contact Center solutions delivered on

Japan-based Fukui Bank Turns to IBM Cloud to Enable Business Transformation

IBM Services has announced an agreement with Japan-based Fukui Bank to migrate its distributed processing system to IBM Cloud to help drive operational transformation to address customer needs, and help the bank enhance its initiative to support local community development. Banks are currently faced with shifting consumer behaviors and expectations in areas like real-time banking,

Seven Major European Banks Select IBM to Bring Blockchain-Based Trade Finance to SMEs

Blockchain network designed to help make domestic and cross-border commerce easier. IBM Blockchain running Hyperledger Fabric Selected for Digital Trade Chain. IBM announced that it has been selected by a consortium of seven of Europe’s largest banks to build and host a new trade finance platform based on IBM Blockchain powered by Hyperledger Fabric. The

IBM Brings Anaconda Open Data Science Platform

IBM announced today that it is working with Continuum Analytics to offer Anaconda, a leading Open Data Science platform, on IBM Cognitive Systems.   Anaconda will also integrate with the PowerAI software distribution for machine learning and deep learning that makes it simple and fast to take advantage of Power performance and GPU optimization for data intensive