Regulators Begin to Accept Machine Learning to Improve AML, But There Are Major Issues
This wide-ranging article identifies how regulators have slowly opened up to accept the use of machine learning models as a...
As the World Moves to 2fa Using Biometrics, X9 and the PCI Council Release a New Pin Standard
While a clear consensus has been established that passwords are a terrible security solution, X9 and the PCI council have...
Vodafone Dumps Libra; Libra Touts Its Governance as Sustainable
Another early member of Libra, Vodafone, has pulled out. This follows the departure of PayPal, Visa, Mastercard, and Stripe. Vodafone...
Visa Invests in Very Good Security
Likely as a continuation of its expansion into security markets, as with Visa ID Intelligence, Visa has invested in Very...
Cash Is Almost Dead. MIT Measures the Trend by Country and Warns of Consequences.
We frequently hear that cash is almost dead. This article is worth reading and provides a quick review of the...
Want to Be Forgotten? First, Send Us More of Your Personal Data!
This New York Times reporter tried to be forgotten and discovered it often terrified individuals with the amount of information...
Securing and Managing the Business Data You Accumulate Is Getting Harder and Increases Your Liability
How your firm manages data will shift dramatically due to the impact of machine learning, ISO 20022, and new privacy...
EU Goes Open Banking While US Banks Increasingly Restrict 3rd Party Access
While the EU has regulated Open Banking, banks in the US market have taken a more strategic approach to partnering....
Can Ernst & Young Drive Greater Blockchain Adoption?
This article in Forbes provides a good explanation for the issues delaying corporate adoption of blockchain. Corporates don’t trust a...
BBVA Will Sell through Amazon. This Isn’t Open Banking.
In our recent report “The Emergence of API Platforms: Open Banking and Payments Drive New Business Models,” we identified the...
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