Remove Banking 2020 Remove Cards Remove National Remove Security
article thumbnail

CIT Bank 2020 Review

MyBankTracker

It comes with a debit card and online bill payment capabilities. CIT Bank Money Market Account. Why we like it: Earn one of the nation’s top money market rates with no monthly fees. The post CIT Bank 2020 Review first appeared on MyBankTracker. How to Find Your Bank’s Routing Number. Related Articles.

article thumbnail

Cash or card: How do you pay for Christmas?

Banking 2020

on gifts, decorations, food and other Christmas purchases, according to a survey for the National Retail Federation, this is not a small amount of notes. When we talk about payments it’s easy to focus on convenience, security and acceptance. Lower earners prefer the debit card. Security is another factor. Mobile wallets.

Cards 40
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Biometric security not all it’s cracked up to be?

Banking 2020

Biometric authentication has rightly been hailed as a safer and more secure way to verify the person initiating a payment. As we’ve moved from signature cards to PINs, so the next step is from the PIN to a fingerprint scan, pulse monitor or iris sensor. But is biometric data as secure as we imagine it to be? million individuals.

article thumbnail

EMV in the US: Progress report

Banking 2020

But just how far have things really come since the introduction of chip cards and terminals? The National Federation of Independent Business (NIFB) reports that only about a third of smaller merchants are familiar with the new chip cards. Even with a signature for authorization, chip cards are still more secure.

US 40
article thumbnail

Are You Defenseless Against This New Hack?

Banking 2020

This Monday, security firm FireEye dropped a critical announcement : A group of highly sophisticated cybercriminals have spent the past year hijacking email correspondence between senior executives at publicly held healthcare-related organizations. Insights apt breach FIN4 fireeye phishing security threat'

Course 69
article thumbnail

Are You Defenseless Against This New Hack?

Banking 2020

This Monday, security firm FireEye dropped a critical announcement : A group of highly sophisticated cybercriminals have spent the past year hijacking email correspondence between senior executives at publicly held healthcare-related organizations. Insights apt breach FIN4 fireeye phishing security threat'

Course 58
article thumbnail

Five EMV lessons for the US

Banking 2020

It’s been very well documented that fraud tends to shift to the card-not-present (CNP) arena when EMV is introduced in a country. In the UK, counterfeit card fraud at first fell sharply but then picked up in 2007 and 2008 as it shifted abroad. It’s getting harder for criminals to use stolen EMV card details abroad.

US 40