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Amazon Web Services, cloud computing, Contracts, Cyber Security, Daily news, Microsoft Azure, Mobile Banking, Processing & Systems, Products, Prudential Regulation Authority, Regulation, Risk & Compliance -

The UK’s Prudential Regulation Authority (PRA), which oversees financial stability, is to take steps to bolster banks on the cloud. Data storage is a systemic vulnerability just like financial risk. The regulator... read more

The post Cloud computing giants under scrutiny from Financial Services regulators appeared first on Payments Cards & Mobile.

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Cyber Security, Daily news, Digital Identity, Fraud & Security, Identity, MasterCard, Microsoft, Microsoft Azure -

Mastercard and Microsoft have announced a strategic collaboration to improve how people manage and use their digital identity. Currently, verifying your identity online is still dependent on physical or digital... more

The post Mastercard and Microsoft in deal to advance digital identity appeared first on Payments Cards & Mobile.

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Blockchain, Daily news, E-Money, Issuing & Acquiring, KYC, Microsoft Azure, Processing & Systems, R3, R3 KYC, Remittance -

The R3 Blockchain Consortium of 39 financial firms has completed more than 300 transactions via R3’s know your customer (KYC) application, according to a post on R3’s blog. R3’s KYC project involved major financial... more

The post R3 completes KYC Blockchain Platform tests with banks and regulators appeared first on Payments Cards & Mobile.

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