Media Coverage

NatWest Bank is preparing to comply with the European Union (EU)’s payments security through the development of behavioural biometrics technology.

The technology recognises patterns related to how people interact with devices and because it works in the background, does not require the customer to take extra steps. The development, in partnership with Visa, is part of NatWest’s work to comply with the EU’s Strong Customer Authentication (SCA) regulation, which comes into force next year has forced banks to offer additional methods of customer authentication. The rules, which are part of the EU’s  Payment Services Directive 2  (PSD2), mean that any online payments worth more than €30 will...

Read More

These eight areas will net fast budget reductions with minimal disruption to the business and headcount.

With the early response to the COVID-19 pandemic now behind them, CIOs are entering the next phase: Dealing with the massive economic damage the virus has caused. Specifically, they're looking at how to trim budgets in the face of a major economic recession. Tech budgets were growing between 4% and 6% per year in 2018 to 2019, said Andrew Bartels, a vice president and principal analyst at Forrester. Now, he expects them to contract between 8% and 10% from those levels. In total, that would be a 12% to 14% contraction for IT spending in 2020. To cut budgets down to size and get...

Read More