In any transaction, especially when money is involved, it’s important to know with whom you are transacting. The internet has brought to banking efficiencies and cost-savings but also potential for identity fraud and theft. Fortunately, banks can make their online dealings with customers safe and secure through digital identity-authentication methods. A unified, across-the-board banking system that is designed well and worthy of customer trust could become the model for all industries.

Ransomware, one of the fastest-growing malware hazards of the 21st century, continues to threaten businesses and public institutions around the world. Mostly targeting computers and mobile devices, it quickly spreads across networks, quietly encrypting every data file it finds until the entire system is compromised.

The word compliance may hit a sour note for some bankers, but in the end, compliance demonstrates commitment to transparency, integrity and best practices. If only compliance wasn’t so complicated and costly. Effective data archiving is necessary to make data repositories what they must be. Most banks archive data, but many need to upgrade their processes. What are the five elements that financial firms should include in their data-archiving overhauls?

Cloud-native technology is revolutionizing not only software development but also banking operations, as banks that have already begun employing it are finding out. Is it hype or the inevitable future of banking? Cloud native’s benefits that include fast innovation, low cost, low risk, scalability and potential for profitable niches speak for themselves, and banks would do well to listen!