Payments-as-a-Service (PaaS) is a business model where financial institutions provide advanced payment products and services. The benefit of this model is customers are not burdened with the overhead of developing their payment processing platform.
June 14, 2023
Before discussing the security of Banking-as-a-Service (BaaS), we must have a level set on what it is. BaaS is a business model providing banking products and services to third-party distributors or non-banking businesses. With BaaS, non-banking businesses can offer banking products and services through a partnership with regulated financial institutions.
June 12, 2023
On May 30, 2023, leaders from OpenAI, Google DeepMind, Anthropic, and other AI labs warned that future AI systems could be as deadly as pandemics and nuclear weapons.
June 6, 2023
Are cybersecurity programs shaped more by perception than reality? Let's apply a little quantum theory to find out. In 1935, Erwin Schrödinger, an Austrian physicist and a founding father of quantum theory, offered a thought experiment about quantum physics to explain how scientific theory works. Schrödinger stated that if you placed a cat and something that could harm the cat in a box and sealed it, you would not know whether the cat was dead or alive until you opened the box. So until the box is opened, the cat is (in a sense) both.