Security | Threat Detection | Cyberattacks | DevSecOps | Compliance



Identity Verification for Neo Banking: Ensuring Security and Compliance

In the world of finance, digital onboarding is becoming increasingly important for neo banks. Neo banking refers to a new generation of digital-only banks that offer a wide range of financial services through mobile apps and online platforms. These banks are typically built on top of existing infrastructure, and they rely heavily on technology to provide a seamless and efficient customer experience. Digital onboarding is the process of registering for and opening a new account with a neo bank.


Software and AppSec Challenges and Opportunities in Banking and Fintech - Part Two

In this, the second of three blog posts, we continue to examine the issues discussed in our recent webinar, “Software and Application Security Challenges and Opportunities in Banking.” In the webinar, Rhys Arkins, Mend’s VP of Product Management, was joined by James McLeod, Director of Community of the Fintech Open Source Foundation (FINOS); Kate Stewart, VP of Dependable Embedded Systems at the Linux Foundation; and Amol Shukla, Executive Director of Engineering at Morgan Stanley, to


Software and AppSec Challenges and Opportunities in Banking and Fintech - Part One

The banking and fintech industries live and die on the reliability of the online services they offer. It’s vital that the sensitive data that the industry handles is robustly protected, and that the software and applications that it uses are secure. For effective software and application security, it’s critical that banking and fintech organizations rapidly detect, identify, and remediate software vulnerabilities.


Securing Finance and Accounting Teams from Cyberattacks

Much of an organization’s most critical business and employee data passes through the hands of finance and accounting professionals. It’s one of the main reasons cyberthreats present a significant risk to finance and accounting teams — especially for small accounting firms that are directly responsible for their security.

Latest and Best Software and Tools for New Businesses

As an entrepreneur, you know that the best tools and software can make a huge difference in your development as a business owner. From managing your business to growing it, from scaling it up to automating it, these are some of the most exciting tools available for entrepreneurs who want to build their businesses.

FinTech & Banking: A Comprehensive Guide to Client Onboarding

The customer experience at the world’s biggest banks and fintech firms is undergoing a significant change. Because of technological advancements, account users may now not only transfer money online but also log in using Identity Verification using face match technology and do a variety of operations using simply their smartphone and its front camera. Technology in this area has made things faster, easier, and safer during the last decade.

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Financial Cybersecurity: Are Banks Doing Enough to Protect You?

Financial Services are valuable targets for cybercriminals. As the guardians of our financial information, banks hold a wealth of data that can be used to steal identities and commit other fraud. In this blog post, we'll take a look at the steps banks are taking to protect their customers from financial cybersecurity threats, and see


The pros and cons of the digital transformation in banking

Digital transformation in banking began following the creation of the internet in the 1990s as a way for banks to deliver services to their customers more conveniently. Today, it has completely changed how most people interact with their banks. From opening a new account to making transactions and applying for loans, you can access all banking services directly from your computer or smartphone.


Risks that third-party vendors pose to outsourcing banks

The banking and financial sector is known for its dependence on third-party vendors that help provide customers with quality financial products and services. It is one of the most interconnected sectors, making it one of the most vulnerable to cyberattacks. And because third parties operate through the banks they are contracted with, any losses are the bank's responsibility.


Banks: You don't need to deploy fraud detection tools on-premise anymore

It might seem like ‘the cloud’ has well and truly established itself as the de facto deployment choice. However, the market for cloud computing is still expected to grow – a lot – in the coming years (from $371.4 billion in 2020 to $832.1 billion in 2025). How can this much growth still be possible for a fairly mature market?