29 Information Security Questions for Prospective Technology Vendors

vulnerabilities

Strong data security practices are essential to financial institutions’ business operations and reputations. Cybercrime is growing rapidly, averaging a reported cost to financial services companies globally of $18.3 million per firm in 2017, with information theft as the most expensive consequence., according to an Accenture and Ponemon Institute report Organizations worldwide are dedicating more and more … Read more

Automated Software Testing Drives Faster Deployment, Efficient Upgrades

automated testing

Imagine being a manual software tester. Every day you have dozens of test cases to run, assess, and report what went wrong. The same bugs. The same test cases. Six to eight hours a day.  It can get pretty tedious. That’s why Katabat has automated the testing of the core features of our debt collections … Read more

11 Questions You Should Be Asking Customers Who Are Victims of Fraud

fraud case

If you attended the Money 2020 conference in Las Vegas this past October, you couldn’t take 10 steps in any direction without running into a vendor pushing their fraud solution…and for good reason: The numbers are staggering: Balances from synthetic fraud – where fraudsters create fictitious identities with the intent to open fraudulent accounts — … Read more

Is Your Debt Collections Shop Ready for a Recession?

risk debt collections

Debt collections managers – whether working for a fintech or alternative lender, a collection agency, or in healthcare or utilities collections and recoveries — can anticipate a surge in inventory in the event of a recession. Based on the response we received from Mike D’Andrade’s late September post on getting ready for the next recession, … Read more

5 Ways Lenders Can Be Ready When(ever) the Next Recession Hits

A recession is coming next year. A recession is coming this fall. Nobody knows exactly when a recession will happen, but most economists agree that one is likely on the horizon. Public- and private-sector debt levels are high, many experts believe that assets are currently overvalued, and wage pressure is expected to continue to rise. … Read more

Katabat to Demo Machine Learning Platform at Kessler Conference

Katabat will host a luncheon at Kessler Group Conference in Melbourne, Australia. The Kessler Group operates in both North America and Australia. It specializes in developing and executing strategies that help both financial services companies and their partners. Katabat is looking forward to participating along with the 100 debt issuers and purchasers who plan to … Read more

Katabat Achieves CA Veracode Verified Standard Status

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To earn the trust of consumer lending organizations, Katabat has always put its cloud-based Customer Experience Management (CXM) software through extensive security testing throughout the development process. Third-party assessment of security practices is a key part of building up that confidence. That’s why Katabat chose to invest in ongoing monitoring and participate in CA Veracode … Read more

Are You Protecting Your Banking Customers from Mobile Threats?

Information security is an exciting industry, and the stakes couldn’t be any higher than they are in the financial industry. As CISO of a software company that serves some of the biggest banks in the world, I am constantly coming face to face with new security challenges. The internet has brought immense opportunities for customer … Read more