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Banks battling a barrage of cyber attacks

NCR

Banks are under cyber attack every day and although this sector has made great strides, their ability to detect a breach and take immediate action is still a work in progress. Online fraud is one of the biggest challenges for the financial community. Cardless ATM transactions are one example. Image: iStock/hh5800.

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Mastercard’s ‘selfie payments’ mark new era for biometrics and security

NCR

The rising importance of one of the most exciting technologies in financial services – biometric authentication – has been marked by Mastercard’s European rollout of Identity Check Mobile , a payment application that allows users to authorize online purchases using fingerprints or facial recognition.

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The 2015 GonzoBanker Awards

Gonzobanker

It’s nice to see somebody passionate about using new payments technology to make banking easier and cheaper for the financially disadvantaged. Let’s see if better technology and delivery tools get the idea farther down the road this time. FFIEC’s Cyber Security Self-Assessment Tool. Not even close. . They’re baaaack.