Community Banks

Building An Internet of Things In Retail Banking

Submitted by Amy Hibbard on Wed, 12/26/2018 - 12:32

The Internet of Things (IoT) is a concept that describes a totally interconnected world. Some vehicles, kitchen appliances, and even heart monitors are now connected through the IoT. And as the Internet of Things continually grows, more devices will join that list. Ultimately IoT is able to help people in a number of ways by saving time and simplifying daily activities. One of the industries that will be benefiting from IoT the most is the banking industry.

Integrated PFM Can Help Mitigate Fraud Cost and Exposure

Submitted by Amy Hibbard on Thu, 09/13/2018 - 15:45

There is plenty of talk about cybersecurity both internally and externally. And it’s no surprise that cybersecurity in the financial sector, in particular, is a huge industry. Cybercrime, in general, is a $600 billion industry, and at some point in all those breached accounts and all that compromised security, financial institutions will pay either directly or indirectly.