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FS.COM has introduced a series of data center switches with speeds of 10G, 25G, 40G, 100G, and 400G, aiming to target data center networks with different sizes. These switch portfolios are high-performance leaf and spine switches designed for branch, campus, and data center networks. All the switches are equipped with the Broadcom chips and offer advanced features such as EVPN-VXLAN, MLAG, RoCE, and programmability.
The Deeper Connect Mini Decentralized VPN & Firewall Hardware is a portable cybersecurity solution that goes beyond a VPN for a one-time payment. The company claims that it is the world’s first decentralized VPN (DPN) and cybersecurity hardware device. The DPN offers multi-routing, smart routing and unrestricted access to content worldwide without sacrificing browsing speeds or putting your connection on a centralized server.
'Explainable AI' can shed light on the 'how' of AI decision-making. This is becoming increasingly important as regulators insist on knowing how algorithms arrive at certain outcomes, especially in regards to lending. According to a report from Deloitte, “the ‘black-box’ conundrum is one of the biggest roadblocks preventing banks from executing their artificial intelligence (AI) strategies.” The emerging field of explainable AI (or XAI) can help FIs navigate issues of transparency and trust, and provide greater clarity on their AI governance, according to the company. This article takes a deep dive into XAI.
This article lays out 14 things to do before, during and after leading a video call in Microsoft Teams to help ensure a beneficial experience for all.
When it comes to ATM servicing, the same issues tend to pop up again and again. For example, ATMs often get jammed, or the power might drop due to the fact the ATM is sharing a power outlet with many other devices. This article covers some simple solutions to common ATM issues such as these and more.
Over a third (39%) of American consumers have permanently changed how they pay since early 2020, when the COVID-19 pandemic began, reveals research by leading specialized payments platform Paysafe. Their report shows that two-thirds of consumers (67%) indicate that they now regularly make contactless payments with their credit or debit card, and over a third (37%) make NFC-enabled payments with their smartphone or even a wearable device. One in ten consumers (9%) say that all their transactions are now contactless.
Security automation startup Cerby is exiting stealth mode with the public launch of a security platform designed to help organizations deal with shadow IT — IT products that are used by staff without prior approval or knowledge of IT staff. They claim that they are launching a first-of-its-kind platform dedicated to the detection and protection of what they call unmanageable applications. Their approach entails minimizing friction between users and IT teams by taking an enrollment-based approach to the detection and protection of applications that combines employee autonomy and corporate security.
Visa Advanced Authorization (VAA) scoring service, one of the company’s most prominent offerings, uses artificial intelligence and machine learning techniques to score the likelihood that a transaction in progress is fraudulent. It does so in just 300 milliseconds, allowing customers and merchants alike to transact with more confidence in real time. They claim that VAA prevented $26 billion in fraud on its network in 2021 alone. The company is also using deep learning to study false declines (i.e., when a purchase is erroneously flagged as fraud), aiming to reduce those by 30% and also to refine its understanding of legitimate versus fraudulent activity.
Using apps to deliver offers and rewards isn’t necessarily a new thing, but it’s often an irrelevant thing because the offers aren’t personalized or relevant. However, offers can be made relevant, in real time, across channels, and chiefly due to one overarching principle: Data is king. This article explores how performance data, cardholder data and transaction-level data can help issuers craft and launch logical product offerings that are close to home, where context and timing matter.
More than 65% of Americans currently use digital banking, up from 61% in 2018, and this trend is expected to continue as services that were once available only in-branch, such as loan applications and account openings, move online. This article states that younger consumers are both drawn to digital banking technology and are becoming more reliant on it for financial knowledge, and therefore FIs must pick up the slack and provide both informative and friction-free digital banking experiences that meet these consumers where they are.
There has been a lot of news recently around Buy Now Pay Later (BNPL), such as Apple’s announcement of a BNPL solution. However, some service providers have been struggling with issues such as valuation, while reports around the dangers to consumers continue to make headlines, both of which have prevented BNPL from shedding its controversial status. The author concludes that he expects the BNPL landscape to continue to grow, but that growth will slow because expanded regulation, increased competition, and economic factors will provide plenty of friction for BNPL solution providers moving forward.
Benchmarking Your Digital Banking Strategy
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Read Chris Doner's comments:
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Zscaler revealed its new cloud-native application protection platform (CNAPP) platform dubbed Posture Control. It is designed to help security teams collaborate more efficiently to prioritize and remediate risks in cloud-native applications earlier in the development lifecycle. CNAPP products secure cloud-native, microservices-based architectures including containers, Kubernetes, and serverless. Gartner expects CNAPPs to consolidate a large number of previously siloed capabilities including runtime cloud workload protection platform (CWPP), cloud security posture management (CSPM), cloud infrastructure entitlements management (CIEM), development artifact scanning, and infrastructure-as-code (IaC) scanning.
The author recommends thinking about your browsers as separate operating systems, and act accordingly to protect them. (She recommends using more than one browser). One solution that she recommends is uBlock Origin, which you can install and deploy as a standalone extension. Once it’s installed, you can then build whitelists of sites that you will allow and adjust other settings as needed.
Training new contact center agents remotely can be challenging. When your new agents are in an entirely different location, it is difficult to know if they are engaged and learning what they need to during training. The author provides five tips to help you create a more engaging remote training experience for your employees: 1) Turn cameras on; 2) Have a schedule and stick to it; 3) Use breakout rooms; 4) Move lecturing to courses or videos; and 5) Focus on activities that simulate on-the-job situations.