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FinTech – Financial services companies in the capital markets face three major application performance challenges. They must squeeze value from every ounce of soaring amounts of data. They must handle an increasing number of asset classes, the use of automated quantitative trading algorithms and continually evolving regulatory and cybersecurity requirements. And to reach business goals, they require that multiple business applications have real-time, massively scalable access to operational and historical data from disparate sources.
When AI was first launched, it was perceived as a technology that could revolutionize business models by creating a full understanding of a clients’ profile and their needs. It would be a must-have technology for large businesses to boost their balances and a magic tool for small business owners to remove barriers between their product or service and the final user — using the right data, of course.
Cybercrime – There’s another clever fraud tactic to add to your library of security threats. Imagine a call or voice message that appears to come from a trusted source but is really a disguised attempt to compromise your identity, credentials or financial information. More of a social engineering scheme than a vulnerability, “vishing” is a highly effective and targeted form of phishing that uses voice as a means to lure victims into disclosing private information.
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