Samsung rolls out AI doctor, Fraudsters go omnichannel, Is GDPR EU’s Frankenstein monster?

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May 31, 2018

Innovation Readiness Playbook #4

NEW DATA: Why Top FI Innovators Play In The Sand(box)

When it comes to making sure new features and products are ready for launch, the most innovative, top-performing FIs play in the sand — a sandbox environment, that is — to test their innovations. FIs that do so often outperform peers, and enjoy a higher ROI on their innovations. So why are 78 percent of them still sitting on the sidelines? The latest Innovation Readiness Playbook examines the benefits to FIs of sandbox testing.

 

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Cybersecurity

Fraudsters Go Omnichannel

As commerce goes increasingly digital, the bad guys are going omnichannel. More and more, according to Luke Reynolds, CPO at Featurespace, fraudsters are "going back to basics" across telephony and duping call center agents. Here's how they’re doing that — and how FIs can ferret out the bad actors at the transaction’s "moment of truth."

 

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ID Verification

Boloro CEO: To Really Protect Data, Don’t Collect It

GDPR has organizations worried about how they handle personal data — but what if consumer authentication and security could be achieved without any data at all? Boloro CEO Karl Kilb says that it’s possible with multi-channel, multi-factor authentication tech that eliminates data collection and shields it from the inherent vulnerabilities of the internet. Here’s how.

 

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GDPR

Is GDPR EU’s Frankenstein Monster?

In 1818, the world was introduced to Dr. Victor Frankenstein and his vision of the perfect human being. Two hundred years later, the world is introduced to GDPR, the EU regulators’ vision of the perfect consumer data protection rule. As Dr. Frankenstein discovered, forcing one person’s view of perfection on the world can backfire — and in a big way. Karen Webster says that the EU regulators, with GDPR, might set in motion a wave of unintended consequences that could harm the very consumers they intended to help. Here’s why.

 

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