Remove Bots Remove Breach Remove Procedures
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Banking Bots: The Good, The Bad And The Ugly

PYMNTS

Digital fraud continues to flourish, with recent surveys finding that security breaches have increased 67 percent since 2014 and 11 percent since 2018. Casualties of these breaches in the first half of 2019 alone include 4.1 Axos Bank on How to Separate the Good Bots From the Bad. About the Tracker.

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Deep Dive: Reducing The Security Risks Of Open Banking

PYMNTS

Open banking is typically achieved via application programming interfaces (APIs), sets of rules and procedures that permit developers to create algorithms and applications that access features or data or interact with other systems.

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Italy Considers Mini-BOTs To Pay Gov’t Vendors, Igniting Debate

PYMNTS

Reports in Reuters on Sunday (June 9) said Italy’s mini-BOT scheme, developed by the League party and endorsed by Parliament in May, would create small-denomination bills that don’t expire in order to pay the state’s debts. There would be no obligation for third parties to accept them.” ” Euro Fears.

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PCI DSS Checklist: Secure Your Business

VISTA InfoSec

Create a Formal Procedure : Establish a standardized process for restricting network access by configuring rules and criteria for your firewalls and routers. Maintain Documentation of Your Procedures : Keep a record of your process and create visual representations of cardholder data streams between systems and networks.

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Customer Service’s Future: Humans And Machines In Cahoots

PYMNTS

In a world where customers can order on mobile, use a touchscreen or talk to an artificial intelligence (AI)-based bot, the service industry will no longer need human workers, because machines will be able to do all of those jobs. For example, a customer sends a simple email query to Yapstone.

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Deep Dive: Why Leveraging Biometrics Can Ease FIs’ $4B ATO Problem

PYMNTS

A popular brute force method used to accomplish this is credential cracking , which involves fraudsters using bots to automatically plug potential usernames and passwords into login screens in the hopes of stumbling across the correct credentials. This method has downsides, however.

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The Future Of Customer Service Is Humans And Machines Working Together

PYMNTS

In a world where customers can order on mobile, use a touchscreen or talk to an AI-based bot, the service industry will no longer need human workers, because machines will be able to do all of those jobs. Instead of sending that directly to a human agent, bots scan the email, find an answer and create an email to answer the question.

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