Remove Banking 2020 Remove Community Remove Fraud Remove Security
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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. But is biometric data as secure as we imagine it to be? They also stole the Social Security numbers of 21.5 Two clear avenues of potential fraud are opened up with biometric theft of this sort.

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FI Highlight: Ventura County Credit Union

Banking 2020

Ventura County Credit Union (VCCU) is the oldest and largest community credit union headquartered in Ventura County, California. What is a recent initiative that Ventura County Credit Union launched to connect with the local community? VCCU has almost 70,000 members and over $700 million in assets.

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Small banks' battle to thwart unemployment scams

American Banker

Peoples Bank in Arkansas and Main Street Bank in Massachusetts are getting smarter about spotting suspicious transactions tied to unemployment benefit fraud as well as warning customers what to watch out for.

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The 5 Most Dangerous Mobile Banking Habits

Banking 2020

Losing your phone is bad enough without identity fraud on top of it. Even if your mobile banking app automatically logs you out after a certain period of time, there is still a window of vulnerability. . Opting out of alerts.

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