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Deep Dive: Credit Unions Work To Keep Members’ Data Private

PYMNTS

Credit unions possess vast troves of personal information such as credit card data and Social Security numbers that could devastate members if leaked. At least two local CUs — First Choice Federal Credit Union and Inspired Federal Credit Union — even filed class-action lawsuits against Wawa for not adhering to best security practices.

Data 131
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Data privacy: How to keep customer data safe

Independent Banker

But as the prevalence of security breaches grows, so do the opportunities for community banks to position themselves as guardians of their customers’ personal data through compliance, technology and relationship building. Data privacy and security is a hot topic and is only getting hotter. By Katie Kuehner-Hebert. Bob Hickok.

Data 91
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Privacy Regulations, Developing Trust Leads To New Revenue Streams for FIs

PYMNTS

The passwords, user names and Social Security numbers that once helped us prove we are who we say we are now are vulnerable or have already been compromised. His comments come at a time when California is arguably taking the lead in consumer data privacy protections. Data security is such an important topic,” he said.

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Connected Car Commerce Picks Up Speed

PYMNTS

The category has also been moved by the late August announcement that Discover and Car IQ, a California FinTech, have partnered to create a payment platform for v-commerce payments beginning with automotive fleets. This collaboration represents a new method for payment authentication that will simplify the payment management of any vehicle.

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Food for Thought: A Policy on Credit Exceptions

Abrigo

Path to removal – Sometimes an exception is like the Hotel California – you can check out anytime you like, but you can never leave. This is particularly true of credit exceptions related to account management (e.g., It just stays on forever. These circumstances are recognized and are not considered exceptions.

Policies 195
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Amazon, Travelers Team To Sell Smart Home Kits

PYMNTS

10) that it has teamed up with Amazon to offer smart home kits, insurance and risk management information through a digital storefront on Amazon, at Amazon.com/Travelers. The free Echo Dot and the discounts on the smart home kits are currently available to Travelers home insurance customers in California and Travelers Quantum Home 2.0

Wisconsin 144
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Investors Impressed By Mix Of AI And Analytics

PYMNTS

With more than $175 million raised for B2B startups this week, the undoubted winner was a California-based artificial intelligence data analytics company – a sign, the firm noted, of the enterprise’s increasing reliance on AI. The company provides cyber insurance for the enterprise coupled with real-time risk management and mitigation.

Analytics 109