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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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Affinity Federal Credit Union On The Importance Of Accelerating Digital Transformations

PYMNTS

“We look at everything through the lens of our mission: to support the financial lives of our members and the communities we serve.”. The new features include a biometric voice authentication system intended to reduce the time spent waiting on hold and fortify security. Embarking On A Digital Transformation.

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Regional Banks Guide Corporates To Future-Proof Accounts Payable

PYMNTS

People’s United Bank Senior Vice President of Treasury Management Cris Sigovitch told PYMNTS that while access to payables FinTech solutions is important, perhaps even more essential is access to a trusted partner that can guide firms toward a resilient and future-proof AP department. . ” Offering the Right Tools.

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Ohio Lottery Makes A New Bet on Mobile

PYMNTS

In Connecticut, for example, you cannot buy tickets with a credit card. The company can do that because — after working with regulators before entering a specific state — it buys lotto tickets and keeps original paper tickets in a secure location, “which it also pays to insure, in case anything goes wrong at its holding facility.

Ohio 103
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Bridging Banking Gaps For Cannabis Companies

PYMNTS

Thus, any number of new revenue opportunities open up for banks and credit unions, and Hart said community FIs need new deposits to survive — a goal common to any business. Manual processes means management of these programs is fundamentally onerous and time-consuming. The Benefits of Moving Beyond Cash.

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