Every customer wants convenient access to their securely held money, and for banks this can cause the headache of offering secure convenience.
The Challenge: Justifying the spend
‘Algorithmic trading’ is said to account for around 25 percent of the equity trades in US markets, and the use of algorithms looks set to expand further.
As regulatory and corporate compliance demands continue to grow, more and more enterprise organizations are recognizing the need for mature and advanced risk assessment and compliance management software solutions.
In 2004, the first wave of ‘Phishing 1.0’ attacks tricked unsuspecting consumers into clicking on links to fake bank websites and giving up their usernames, passwords, and other personal information leading to financial fraud and identity theft.