FICO Fintech 4finance Deploys AML and KYC Solution

4finance Group, Europe’s leading online and mobile consumer lender, has deployed FICO® TONBELLER® Siron® solutions for anti-money laundering (AML) and know your customer (KYC) compliance across 10 countries and 20 back-office systems in just nine months. The cloud-based FICO solutions are delivering audit-verified compliance with global and regional regulations while maintaining 4finance’s promise to issue customers a loan in 15 minutes. For these achievements, 4finance Group has won a 2017 FICO Decisions Award for Regulatory Compliance. “Working with FICO, we created an AML/ KYC framework that bolstered our compliance without…

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NIST Blockchain Technology Aims to Go Beyond the Hype

Beguiling, baffling or both – that’s blockchain. Aiming to clarify the subject for the benefit of companies and other organizations, the National Institute of Standards and Technology (NIST) has released a straightforward introduction to blockchain, which underpins Bitcoin and other digital currencies. Virtual barrels of digital ink are flowing in the media nowadays about these cryptocurrencies and the underlying blockchain technology that enables them. Much of the attention stems either from the giddy heights of value attained lately by the most well-known of these currencies, Bitcoin, or from the novelty…

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Top Video Surveillance Trends for 2018 & Analyses

Demand for professional video surveillance cameras has been growing quickly and is forecast to continue growing in 2018. It is estimated that less than 10 million surveillance cameras were shipped globally in 2006, which grew to over 100 million in 2016, and is forecast to make over 130 million during 2018. Despite this increase in demand, the average price of cameras and other video surveillance equipment will continue to fall quickly. As a result, IHS Markit forecasts that in terms of US dollar revenues the world market for video surveillance…

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Indian INCs Look at Investment in Security

2017 will undoubtedly be considered as the ‘Year of ransomware,’ the year when the global security landscape was forever changed by attacks like WannaCry and NotPetya. The havoc caused by these attacks reached far beyond the paltry ransom demand. Hospitals turned away patients, production lines came to a halt, nuclear radiation monitoring was disrupted, and so on. Cyber events like these were a wake-up call to the brave new world of cyberattacks and how they could reach further into the ‘real world’ than ever before. But it’s not just ransomware…

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Arecont Vision AV NVR™ for Small to Medium Sized Projects

Arecont Vision® announces the availability of the AV NVR™ all-in-one network video recorder series. “Customers have increasingly requested that Arecont Vision provide them with a NVR platform for their small to mid-sized project requirements,” said Brad Donaldson, Vice President of Product Development, Arecont Vision, “The new AV NVR will address those specific needs, while our ongoing integration with the industry’s leading hardware and software providers will continue for customer projects of all sizes.”     The AV NVR offers the choice of 8 or 16 channel models (one channel =…

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Hikvision: Deep Learning in Smart Retail Solution

In this ever-expanding era of artificial intelligence (AI), Deep Learning will soon become the foundational technology for the security industry. Technologies that ‘learn’ will become more common and more powerful. This trend will strengthen critical security efforts in every sphere. Hikvision introduces three camera models equipped with deep learning algorithms in the smart retail industry. With the growing popularity of shopping online, the retail sector has felt the disruptive impact of Internet e-commerce more than most industries. Some have reacted to online competition by closing physical stores, but others are…

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Hikvision Launches Two-Wire Video Intercom

Hikvision, the world’s leading supplier of innovative video surveillance products and solutions, has launched a new two-wire design video intercom. With a healthy list of features, this video intercom system provides the latest in residential security with high-definition imaging and convenient installation for the consumer market. Hikvision’s advanced two-wire video intercom includes both indoor and outdoor video intercom stations along with a distributor. When replacing outdated or non-functioning equipment, this hi-tech visual communication system uses existing wiring for simple, speedy, and economic installation. This advanced design features vivid video synchronization…

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Fico Enhances Cyber Underwriting

Silicon Valley analytics firm FICO has recently partnered with Barbican Insurance Group (Barbican), a multi-platform insurance group that underwrites business predominantly through its syndicates at Lloyd’s of London, and which provides global cyber insurance coverage to its insureds. Barbican will use the FICO® Enterprise Security Score to measure the cybersecurity risk of insured ones, and will also provide them with access to the FICO® Enterprise Security Score Portrait product, which can help a firm identify and mitigate weaknesses in its defenses. As cyber insurance is a relatively new class of…

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