The Challenge of Establishing Trust in Open Banking

In today’s world, digital banking is the new normal. Customers expect seamless journeys from start to finish that includes access to as many services as possible. This leaves banks tasked with maintaining the delicate balance of meeting customer demands and establishing trust through a high level of data security and regulatory compliance.

To learn more about the challenge of establishing trust, Payments Journal sat down with Jose Caldera, Chief Product Officer at Acuant, and Tim Sloane, VP of Payments Innovation at Mercator Advisory Group

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Business Email Compromise Is the Top Fraud Concern for Banks

With the Colonial Pipeline ransomware crisis still in full bloom and grabbing the collective attention of millions, one must remember that the everyday threat of payments fraud still looms for businesses across the globe. This posting at the BAI site is from a fraud exec at Bottomline Technologies and speaks to results from a recent fraud survey conducted amongst financial professionals (mostly treasury).