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Microsoft Says Computer Bug Could Be Exploited By Malware

PYMNTS

The bug affects Windows 7, Windows Server 2008, Windows 2003 and Windows XP. This is certainly one to take seriously,” said Chris Coulter, vice president of technology with BlackBerry’s Cylance security group. Computers at Nissan, FedEx and England’s National Health Service were all affected.

Security 115
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Deep Dive: The Latest Initiatives To Expand Mobile IDs

PYMNTS

The world’s population is expanding and many citizens — particularly those in developing nations — have no means of proving their identities, restricting their access to vital services like education and healthcare. Mobile devices enable fast and secure access to services, many of which are solely available online.

Mobile 108
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Fintech Hall of Fame: The Top Digital Innovations in Financial Services

Fintech Labs Insights

Innovations from 1995 to 2014 (with launch dates) Note: Ranking as of Jan 2014 Wells Fargo is first in the world to offer Web-statement access (launched May 1995) Security First Network Bank launches first full-service Internet bank brand (Oct 1995, disbanded 2002) PayPal launches first online optimized payment system (Nov 1999, bought by eBay in 2003) (..)

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Challenges to monetary policy: lessons from Medieval Europe

BankUnderground

Moreover, the national currency belongs to the people, and the state’s role is to regulate it to benefit the people. This was perhaps a necessary condition for the emergence of national money, but not a sufficient one. The comparative advantage of the state in circulating a national medium of exchange creates a moral hazard.

Policies 111
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Taking A Pass On Passwords

PYMNTS

In 2003, Bill Burr was a midlevel manager at the National Institute of Standards and Technology where he authored, “NIST Special Publication 800-63. Repetition makes passwords less secure — a cybercriminal who cracked one is maybe one to two digits away from having all of them. That’s not hyperbole. Appendix A.”.

ATM 118
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Fighting digital banking fraud – Part 1: Know the threat

NCR

The ongoing development of digital technology has created unprecedented choice and freedom for consumers in how they manage their financial affairs. As people complete more financial tasks and transactions via digital channels, there is more scope for fraudsters to exploit the weakest links in security. An escalating threat.

Fraud 74
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Springboard to Excellence

Independent Banker

imberly Anderson, senior vice president and chief administrative officer of Cañon National Bank in southern Colorado, became her community bank’s loan compliance officer in 2003. Andrew Huffman, compliance officer of $319 million-asset First National Bank of Las Animas, in Las Animas, Colo., Bank security. By Ed Avis.