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In an effort to more effectively counter increasing cyber attacks, methods of controlling digital environments are constantly modernizing. To this end, a new cybersecurity directive was approved by the EU Council and the European Parliament on November 10, 2022.
The bank of the future: what does it look like? What trends are shaping the advancement of the banking sector?
“There is no green without digital.” That’s the claim from CEO of Nokia Pekka Lundmark. With this statement, Lundmark gets at the heart of the IT industry’s role in preserving the ecology of our planet.
Nowadays, blockchain technology is utilized across various industries. So what about the banking sector? How are blockchains currently used in fintech, and how will blockchain technology advance the industry?
The world of e-commerce is constantly strengthening its security systems, developing ever more reliable and modern methods to prevent fraud. Thus, the updated 3-D Secure 2.3 authentication protocol now is guarding personal data and online transactions.
Two hundred years ago Charles Darwin said: “It is not the strongest species that survive, nor the most intelligent, but the ones most responsive to change.”
November 2022 is the official go-live date for global banks migrating from SWIFT MT financial messaging to ISO 20022. The final deadline for this adoption is November 2025.
12 years ago, the first and most famous cryptocurrency burst onto the scene — Bitcoin. Since then, more than 2,000 types of crypto coins have been registered on the market, and new cryptos are constantly appearing on the market.
Because of the stay-at-home orders and social distancing of the past year, the COVID-19 pandemic brought about accelerated digital transformations across different industries, including finance.
When developing new products or expanding existing capabilities, it’s necessary to test the novation and immutability of the previously existing functionality.
