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Cybersecurity Trends For 2024 With TransUnion, Forter, WatchGuard, Vouched, FIDO Alliance, Fusion

The Fintech Times

They predict that social engineering attacks will surpass ransomware in 2024 due to increased sophistication, AI tools and emerging techniques, leading organisations to bolster cybersecurity defences with AI, scenario testing and multi-factor authentication. When you think about it, it’s the high-tech version of social engineering.

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Could A Bank-On-Bank Patent War Be Looming?

PYMNTS

A recently filed federal lawsuit over remote deposit capture technology (RDC) could signal the start of a wider patent-infringement struggle among banks, according to experts. USAA operates only four branches, using scanner- and smartphone-based RDC to serve a global base of customers. The lawsuit seeks unspecified damages.

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Mitek Partners with Harland Clarke to Improve RDC Security

Fintech Labs Insights

The two companies have partnered to strengthen the security of Mitek’s Mobile Deposit RDC solution by implementing Harland Clarke’s Photo Safe Deposit feature. If authenticated, the check images are sent to the bank, who validates the requirements and approves the deposit.

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FinDEVr Silicon Valley: Looking Back, Moving Forward

Fintech Labs Insights

Partnered with Trend Micro to bring better data encryption and authentication technology to businesses. Reviewed by Developer in a look at two-factor authentication. Teamed up with Harland Clarke to improve RDC security. Provided instant card-issuance technology to Bank of the Ozarks. in one year. Authy ( FD15 ).