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The Security Threat Of Bank-FinTech Collaboration

PYMNTS

“It wasn’t really their fault, but that doesn’t matter,” explained Jonathan Simkins, chief financial officer of cybersecurity firm CyberGRX , to PYMNTS in a recent interview, reflecting on the repetitional damage that T-Mobile incurred. But the cyber risk is new.”

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Treasurers Trust Big Data For Real-Time Risk Assessment

PYMNTS

But while Hazeltree’s paper focuses on the importance of key metrics to assess counterparty cyber risk for fund managers, analysts agree that active, continual data collection and analysis is playing a significantly larger role in other areas of risk management. A weak data management strategy could heighten the risk of non-compliance.

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SIA’s Third-Party Approach To RTGS

PYMNTS

“The processing of instant payments [creates] some expectations also in the RTGS — namely, one strong request from the market is [to have] RTGS working around the clock to reduce the liquidity risk,” De Lorenzo said. Supporting Security. Despite the evolving nature of the RTGS space, one need has remained constant: security.