New Economies: Value and Data Security are changing the way value is expressed, moving the industry toward a data-rich environment. Financial institutions can become the safe-keepers of data for the user, says SWIFT’s Innotribe chief Kosta Peric. Peric: “Banks have responsibility and opportunity to protect the user’s data” Peric also discusses how traditional payments will merge with new payments methods, and the role financial institutions will play in those emerging schemes; why security, authentication and privacy will be more critical than ever.”]
Source: https://www.cuinfosecurity.com/new-economies-value-data-security-a-4315