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Data Privacy And Control

Flywire CISO: SOC 2 Type II Audits’ Silver Lining

If control is everything in data security, SOC 2 Type II certification is about proving that service providers can maintain, manage and control enterprise customer data at the highest of levels. Flywire CISO Barbara Cousins tells Karen Webster that part of the value of SOC 2 Type II certification lies in audits needed to prove that data control procedures meet the trust service principles that are its foundation. Here’s why.

Sports Betting

Worldpay SVP: Why States Won’t Play Around With Sports Betting Regs

Now that the Supreme Court has given states the green light to legalize sports betting, states are expected to jump at the chance to add sports betting to their bag of tax revenue tricks. Enabling fast, secure electronic payments will, of course, be central to that success. Here’s why Joe Pappano, SVP Worldpay Gaming, says that may not be as complicated as it sounds.

Cash Flow Management

Coupa: Moving CFOs Beyond Silos And Spreadsheets

The role of the CFO is becoming a bit more fluid in an age of increasing regulation. The evolution is tied to data, and data can help boost cash flow management, and break down silos that stifle innovation, as Coupa VP Donna Wilczek tells PYMNTS.

TRENDING: Prepping Banks For AI’s Pandora’s Box

FIs are turning to artificial intelligence to make more financial decisions than ever before, from deciding who gets (or doesn’t get) a loan to helping customers make smarter financial choices. But when algorithms are used to make decisions, who accounts for the biases built into the model? In the latest Digital Banking Tracker, Dan Schrag, co-director of Harvard’s Belfer Center, explains why the time has come for FIs to get ahead of the ethical dilemmas surrounding AI, or risk losing customers to confusion.

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