A Failure of Trust: Could Financial Crime Trigger the Next Financial Crisis?
Guest Opinion by Brad Levy, CEO, ThetaRayThis article is a contributed opinion piece. The views expressed are those of the…
Tag: Financial Crime
Banks Know Their Customers. Soon They Will Need to Know Their AI Agents.
The next identity problem in banking may not involve identifying a person at all. As AI agents begin shopping, comparing…
The AI Agent Has a Bank Login. Who Is Responsible for What It Does?
An AI agent does not need to go rogue to create a problem for a bank. It only needs the…
The Biggest Banking Security Risk May Now Be the Customer Doing Exactly What They’re Told
The most difficult banking transaction to stop may no longer be the one initiated by a criminal using stolen credentials.…
The OTP Isn’t Dead Yet. But Banks Are Already Building What Comes Next
A six-digit code arriving by SMS has become one of the most recognisable security rituals in digital banking. Customers receive…
Banks Have Spent Years Removing Friction. Now They May Need to Put Some Back.
A customer adds a new beneficiary and moves a large amount of money within seconds. The authentication is correct. The…
The Next Cybersecurity Arms Race Will Move at Machine Speed
A bank discovers a serious vulnerability at 9:00am. The security team investigates, assesses which systems are exposed, contacts the relevant…
The Cost of a Banking Data Breach Isn’t the Fine. It’s Everything That Comes After
A banking data breach rarely ends when the compromised systems are isolated or regulators are notified. In reality, that is…
The Next Banking Cyberattack May Start With a Phone Call
A phone call has always carried a level of trust that an email never could. People question suspicious links, ignore…
Visa to Acquire BioCatch in $2.4 Billion Deal to Strengthen AI-Powered Fraud Prevention
Global payments leader Visa has signed a definitive agreement to acquire behavioural intelligence company BioCatch for $2.4 billion in cash,…