Share to Twitter Share to Linkedin Mateus Hernandes Rodrigues—Director of International Operations at DB1 Global Software . Under development by the Federal Reserve, FedNow is a U.S. instant payment service designed to provide a fast, safe and efficient way for individuals and businesses to conduct real-time financial transactions. Inspired by the Brazilian PIX, in my previous article, Five Lessons From Brazil For Implementing FedNow , I mentioned some preparations that technology companies may have. I will now provide more detailed information on key resources, stakeholders and technical information about the service. Unlike other instant payment methods, such as PayPal, FedNow is being developed and operated by the Federal Reserve rather than a private company. This means that it will be supervised directly by the institution and will be subject to the same regulations and supervision as other payment systems that are operated by it. The … [Read more...] about On The FedNow Service: What To Expect From The First Version
Share to Twitter Share to Linkedin A few weeks back, bond giant PIMCO trimmed a bunch of payouts from its closed-end funds (CEFs). Which was no bueno for income investors, who buy CEFs solely for their dividends. We don’t own any PIMCO funds in our premium portfolios currently. But readers, who rightfully recognize me as a PIMCO fanboy, have written in to ask what’s up. “Any thoughts on PIMCO recent slashing of dividends? Do you think they will also cut PDI’s dividend?” — John S John, you know me well. Maybe too well! My nightstand currently boasts a copy of The Bond King: How One Man Made a Market, Built an Empire, and Lost It All . (I’m 128 pages in… and would enthusiastically recommend it to fellow fixed-income geeks.) Bond nerd or not, most of us dividend investors do know the “Bond King” Bill Gross. He was Morningstar’s Fixed Income Manager of the Decade from 2000 to 2009. Gross netted 7.7% yearly returns for his investors—a big … [Read more...] about We Dumped This 13% Dividend—Time To Reconsider?
Share to Twitter Share to Linkedin Chuck Herrin is CTO for Wib , providing both offensive API penetration testing and a holistic API security platform. API vulnerability scanning and API penetration testing are both important methods for ensuring the security of an API, but they have distinct differences in terms of their scope, methodology and results. Therefore, it's important not to confuse the two. Here's how they work together, and how to leverage each as part of your application and API security program. Comparing The Two As with other types of vulnerability scanning, API vulnerability scanning is an automated process that uses specialized software to identify known security vulnerabilities in an API. This typically involves sending a set of predefined requests to the API and analyzing the responses to identify any vulnerabilities that may be present. The goal of this process is to identify as many known vulnerabilities as possible and … [Read more...] about API Penetration Testing And API Vulnerability Assessment: Use The Right Tool For The Right Job