6NOVEMBER 2019Managing EditorSarah DawsonAaron Pierce Ann Bennis Antony MosesVisualizerRonald DonovanSalesSarah DawsonManaging Editoreditor@cfotechoutlook.comBrian Thomasbrian@cfotechoutlook.comEditor's NoteContact Us:Phone:510-556-2280 Fax:510-894-8405Email:sales@cfotechoutlook.comeditor@cfotechoutlook.commarketing@cfotechoutlook.com November 20, 2019, Vol - 05,Issue - 12 (ISSN 2644 - 2841)Published by ValleyMedia, Inc. To subscribe to CFO Tech OutlookVisit www.cfotechoutlook.com Editorial StaffAva GarciaJoshua Parker Paul BarberIssac GeorgeCopyright © 2019 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.*Some of the Insights are based on the interviews with respective CIOs and CXOs to our editorial staffIncreased expectations from consumers, competition among fintech firms, and innovations concerning digital data delivery are pushing banks and other financial institutions to embrace new technologies in order to build winning strategies. In light of this, several firms are integrating new technologies to transform the traditional banking landscape. However, the challenge that arises with the adoption of these innovations is heightened security risks that banks must deal with. Managing these intricacies and associated risks is the key to improving the state of security in banking. The future of financial security lies in cognitive banking, which makes use of advanced technology to make financial operations more effective. By leveraging machine learning, AI, and data science, financial institutions can use the data gathered from customers and internal sources to optimize banking processes. The use of cognitive banking techniques improves customer satisfaction while allowing banks to run more efficiently. Furthermore, with more banks moving away from increasingly complex passwords and PINs to using biometrics such as fingerprints and iris scan as a digital signature, the future of banking security is undoubtedly going to be more secure. Biometrics technology will allow banks to incorporate a unique security system, which benefits the bank as well as the end-users. In short, these innovative technologies help financial institutions ensure that both the security they provide is effective and it is not hampering the payment experience. In this edition of CFO Tech Outlook, we bring to you the story of comforte AG, a leading provider of enterprise data security and digital payments solutions that enables firms to optimize the payment process and leverage analytics to glean meaningful insights. Led by a strong leadership team, comforte AG aims to secure B2B payments and provide frictionless B2C experiences by offering an innovative range of payments security solutions that protect the identity of end-users. Let us know your thoughts!Shaping the Future of Financial Security
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