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Cybersecurity in Banking: Importance, Threats, Challenges

Knowledge Hut

As we transition to a digital economy, cybersecurity in banking is becoming a serious concern. The effectiveness of cybersecurity in banks influences the safety of our Personally Identifiable Information (PII), whether it be an unintentional breach or a well-planned cyberattack. What is Cybersecurity in Banking? billion by 2029.

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How Open Banking is reshaping the sector by Andrew Carr

Scott Logic

I wrote recently about what the future holds for Open Banking in the US. The term ‘world-leading’ is a bit of a cliché, but when it comes to Open Banking, the UK has genuinely led the way. We’re now over five years into the Open Banking era in the UK. How is it reshaping the banking sector, and what’s coming next?

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Cyber Safe Behaviour In Banking Systems

U-Next

As my thoughts started wandering around our Banking systems and Cosmos Bank Cyber-attack 2018. Cybercrimes damage the very ethos of carrying out business at a seamless flow, taking advantage of various transactional options available as technology is progressing at lightning speed.

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Coastal Community Bank Builds a Thriving Financial Ecosystem on Databricks Data Intelligence Platform

databricks

Special thanks to Barb MacLean, SVP, Head of Technology Operations and Implementation at Coastal Community Bank (Coastal) and Rob Cavallo, President at Cavallo.

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Latest Technology Trends 2024: Check the Biggest Upcoming Tech

Knowledge Hut

Technology has come a long way. With UPI, even a vegetable vendor or a small business owner can access high-end new technology (Newest tech). Top 10 Latest Technology Trends in 2024 It is no surprise that the demand for tech-savvy professionals is increasing as the world gets digital.

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Being the Best Digital Bank is Not Enough

Teradata

For many, banking is now a digital activity. But the financial services industry still trails many others in leveraging cloud technologies to build deeper, emotional attachments to their customers.

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AI in Banking: 5 Applications of Artificial Intelligence in Banking

Edureka

In the constantly changing world of technology, artificial intelligence has become a potent tool for transforming sectors all over the world. The banking industry is at the forefront of integrating AI, one of its many transformational uses. This enables banks to quickly investigate and take the necessary action.

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