finance

Evolution within the financial services industry has unlocked unlimited opportunities and solutions for consumers. Open finance—a global movement—gives consumers new and exciting ways to manage finances, from budgeting and investing to paying a bill or applying for a loan. As a result, financial institutions, 3rd-party providers, and fintech apps…

See how Okta is helping financial services companies innovate faster and remain competitive in fintech. Check out Okta for Financial Services.

Protecting sensitive data by having the right security controls in place is of the utmost importance to every organisation. The number of data breaches around the world continues to rise with cybercriminals’ techniques evolving and becoming more sophisticated. In line with that evolution, Australia is implementing new regulations and standards to…

2020 was a pivotal year, with COVID-19 profoundly changing the ways we live, work, and transact. And in many industries, the trends brought on by the pandemic—physical distancing, limitations on non-essential services, and new health and safety regulations—will only continue to define how businesses operate. Supply chains, for instance, have yet…

As the COVID-19 pandemic and shelter-in-place regulations continue to keep people at home, businesses around the world have adapted to new ways of operating—with many looking to quickly deploy solutions to keep large remote workforces connected, productive, and secure. Organizations in the banking and finance industries are no different—and with…

Recent history tells us that data migrations are fraught with potential risks. Whether your company is adopting new software, integrating a new operating system, or moving from a legacy system to the cloud, migrating data requires meticulous planning that covers all the bases. Skipping any of the processes, tools, and tests necessary for a…

Historically, banks are seen as very conservative entities, not known for sharing their internal processes or customer data. This closed environment is driven by the inherent security risks associated with the world of finance. However, implemented last year, new international legislation is poised to regulate an unprecedented level of openness in…

Financial technology (fintech) is one of the hottest categories of tech, and a major disruptor in banking and financial services. Billion-dollar valuation companies such as Stripe, Sofi and Square are competing with traditional financial institutions, and winning. And while these old-world companies have been taken by surprise, they are adapting…

We know that the cloud is fast becoming the main hub of business and commerce in today's world. Yet many financial services firms have been lagging behind when it comes to adopting cloud technologies. As Nasdaq CIO Bradley Peterson points out, today's cloud systems are actually more secure than the majority of company firewalls. Many of these…

“The financial services industry is a significant target of cyber security threats ...given the seriousness of the issue and the risk to all regulated entities, certain regulatory minimum standards are warranted.” - The New York Department of Financial Services, 23 NYCRR 500 The average financial services organization experiences 65% more cyber…