FICO Fintech 4finance Deploys AML and KYC Solution

4finance Group, Europe’s leading online and mobile consumer lender, has deployed FICO® TONBELLER® Siron® solutions for anti-money laundering (AML) and know your customer (KYC) compliance across 10 countries and 20 back-office systems in just nine months. The cloud-based FICO solutions are delivering audit-verified compliance with global and regional regulations while maintaining 4finance’s promise to issue customers a loan in 15 minutes. For these achievements, 4finance Group has won a 2017 FICO Decisions Award for Regulatory Compliance. “Working with FICO, we created an AML/ KYC framework that bolstered our compliance without…

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NIST Blockchain Technology Aims to Go Beyond the Hype

Beguiling, baffling or both – that’s blockchain. Aiming to clarify the subject for the benefit of companies and other organizations, the National Institute of Standards and Technology (NIST) has released a straightforward introduction to blockchain, which underpins Bitcoin and other digital currencies. Virtual barrels of digital ink are flowing in the media nowadays about these cryptocurrencies and the underlying blockchain technology that enables them. Much of the attention stems either from the giddy heights of value attained lately by the most well-known of these currencies, Bitcoin, or from the novelty…

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Top Video Surveillance Trends for 2018 & Analyses

Demand for professional video surveillance cameras has been growing quickly and is forecast to continue growing in 2018. It is estimated that less than 10 million surveillance cameras were shipped globally in 2006, which grew to over 100 million in 2016, and is forecast to make over 130 million during 2018. Despite this increase in demand, the average price of cameras and other video surveillance equipment will continue to fall quickly. As a result, IHS Markit forecasts that in terms of US dollar revenues the world market for video surveillance…

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Indian INCs Look at Investment in Security

2017 will undoubtedly be considered as the ‘Year of ransomware,’ the year when the global security landscape was forever changed by attacks like WannaCry and NotPetya. The havoc caused by these attacks reached far beyond the paltry ransom demand. Hospitals turned away patients, production lines came to a halt, nuclear radiation monitoring was disrupted, and so on. Cyber events like these were a wake-up call to the brave new world of cyberattacks and how they could reach further into the ‘real world’ than ever before. But it’s not just ransomware…

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