How to Secure your Financial Information from Man-in-the-Middle Attacks

The recent weeks were full with the news of the Meltdown and Spectre hardware security flaws and the agitation they created worldwide. But it is unlikely that many people paid attention to the vulnerability discovered in the mobile apps of major banks, including HSBC, NatWest, Co-op, Santander and Allied Irish bank in December 2017 which created an opportunity for Man-in-the-Middle...

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GDPR: The Relevance of Security

The more data organisations collect about their customers, the better they can analyse their needs, segment their offerings and serve them effectively. At the same time, keeping this information protected has also become an ever-increasing challenge, leading to fast-growing regulation requirements....

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Banking over Social Media: Dream or Reality?

The banking services landscape is evolving quickly. From traditional services provided in physical locations (branches) to dedicated banking apps, banks are striving to keep pace and rush to meet customers’ high digital expectations. They aim at enhancing their engagement by becoming more closely integrated with their customers lives. One powerful way to reach this goal is through social media channels....

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5 Interesting Mobile Banking Statistics

Accustomed to use mobile apps in their daily life for every kind of services, customers’ usage of mobile in banking has also become widespread. It has significantly increased over the years to the point of now being customers’ favourite channel to interact with a bank, in a retail banking scenario. However, even if mobile banking use has increased, adoption rate...

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MiFID II Record Keeping Requirement: Challenge or Opportunity?

The world of financial compliance is swiftly changing and keeping up with new regulations is an onerous challenge. The beginning of 2018 will see the implementation of a central statute: The Market in Financial Instrument Directive II (“MiFID II”). This new European regulation and its accompanying Markets in Financial Instruments and Amending Regulation (“MiFIR”) are a set of regulatory rules...

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