BFSI

The Threat of Misusing Stolen Card Data: An Introduction to Carding Attacks

Organizations face a wide range of cyberattacks. Some, like Denial of Service (DoS) and ransomware attacks, are designed to be destructive, while others are intended to steal sensitive information for the attacker’s use or resale. Carding attacks mix elements of

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How Big Data Impacts Accounting?

In recent years, Big Data has carved its way into becoming a household lingo in both technical and industrial world along with their contemporaries. Every year, sheer voluminous amount of data is generated from a wide set of sources ranging

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The Transformational Role of RPA in Streamlining Banking Operations

The banking industry these days is rapidly turning to new-age technologies to stay competitive in an increasingly saturated market. The sector has come a long way from traditional banking to digital, but now banks need to find ways to deliver

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Explaining the Tech Behind Credit Card Processing

The technology behind credit card processing is really incredible, and has made our lives so much more convenient in the digital age. No cash on hand for a taxi? Add your credit card to a ride-sharing app like Grab or

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How AI Is Transforming Lending And Loan Management

AI like blockchain is a revolution in technologies. It makes work of different industries easier and more effective. The development of AI leads to great revolutions in all industries but the most useful is AI in lending and loan management.

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The Utilisation of Analytics by Financial Organizations

The digital finance organization stays a developing idea in numerous companies and CFOs are still at one remove from the center of digital transformation efforts, despite the fact that they claim and oversee a great part of the pertinent business

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The ‘Trading Robot’ That Aims to Widen Access to Forex Markets

While the financial industry has embraced automation and algorithmic governance more eagerly than almost every other industry, it seems there is still room for new breakthroughs. One of the most significant developments in the world of FinTech may have just arrived,

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Are AI, Cryptocurrency & Blockchain Cornerstones for Future of Fintech?

The technology and innovation that is driving the growth of the Fintech industry are not limited to any one genre. An assemblage of various technologies including AI and cryptocurrency and Blockchain contributes a huge stage to its transformation into a

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Machine Learning for Fraud Prevention

According to a report, fraud cost the worldwide economy £3.2 trillion in 2018. For certain organizations, misfortunes to fraud arrive at over 10% of their total spending. Such enormous misfortunes push organizations to scan for new solutions to avoid, identify,

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Top 10 Fraud Detection & Prevention Software Companies in 2019

In most companies, fraud is generally detected only after it happens. After that the measures are implemented for its future prevention and protection. With the upsurge of technology and rising digitization, fraud detection and prevention, before it happens, has become

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