Insights on Business

OCTOBER 24, 2016

I predict that two of the hot topics at Money20/20 will be the availability of immediate or real-time payments and cyber security. These technical and business challenges relate to the current legacy banking infrastructure moving from a batch oriented daily process to the need to support 24X7 real-time processing.

Las Vegas 70

Las Vegas Payments Cyber Security Fraud 70

PYMNTS

FEBRUARY 24, 2020

as they upgrade their online data and financial rules to support global digital banking innovations. Banks and merchants may also need to confront outmoded perceptions of Chinese cybersecurity and banking laws and be aware of the government’s role in enforcing such rules.

Regulation 160

Regulation Policies Data Compliance 160

Cisco

APRIL 7, 2019

While banks work to build the right customer experience across channels, emerging technologies like voice-first banking and intelligent chat bots gain footing. It’s clear intelligent assistants will begin to play a significant role in consumer digital banking transactions. Cyber security is more than just “top of mind.”

Trends 48

Trends Cyber Security Big Data Analytics 48

American Banker

FEBRUARY 16, 2022

(..)

Digital Banking 74

Digital Banking Regulation Cyber Security Data 74

NCR

AUGUST 3, 2017

There is lots of discussion in the financial services industry at the moment about biometric authentication and its potential to replace passwords and PINs in digital banking. It is the first bank in Europe to provide this capability. ” This is part of a wider project of tech-driven change taking place at the bank.

Mobile 51

Mobile Samsung Cyber Security Security 51

PYMNTS

JULY 15, 2016

These products are, in fact, the underpinning for pure play digital banking services offered by innovators like Chime or Green Dot. “The lines become very blurry,” Fauss told Webster. It will just leave consumers who either need – or just reasonably want – another option, out in the cold.

Cards 100

Cards Millennials Regulation Cyber Security 100

PYMNTS

SEPTEMBER 24, 2019

The Bank of Israel is green lighting a new digital bank — the country’s first new financial institution in decades. The digital bank is led by entrepreneurs Marius Nacht of cyber security company Check Point Software Technologies , and Amnon Shashua of autonomous driving developer Mobileye NV.

Digital Banking 109

Digital Banking NV Cyber Security Innovation 109

Fintech Labs Insights

MARCH 29, 2017

Swiss financial sector infrastructure operator SIX partners with IBM Watson to build cyber-security hub. Fiserv reports nearly 30 banks and CUs deployed its digital banking technology in 2016, taking the total number of FIs using its online banking solutions to 3,500. Follow FinDEVr on Twitter.

New York 12

New York Cyber Security Video Capital 12

American Banker

AUGUST 18, 2016

The regional bank has consolidated all of its digital operations under a single leader. Find out what he thinks about customer expectations, bots, fintechs and the coming convergence of digital banking.

Regional 28

Regional Digital Banking Fintech Operations 28

American Banker

AUGUST 11, 2016

Banks have gotten better at detecting digital banking fraud, but the process of closing and reopening accounts is still a mess — and that is what could send more customers packing.

Fraud 28

Fraud Online Digital Banking Cyber Security 28

American Banker

JANUARY 4, 2024

Banks have a simple choice: Either invest in fraud controls to prepare for FedNow, or expect draconian supervisory measures that will increase friction and confuse customers.

Fraud 53

Fraud Cyber Security Digital Banking Security 53

American Banker

JUNE 22, 2020

In a new twist on an old scam, cybercriminals have tried to get thousands of people to surrender their Wells bank account information by sending authentic-looking emails containing malicious links that lead to a fake website bearing the company's name.

Company 98

Company Cyber Security Banking 2020 Digital Banking 98

American Banker

OCTOBER 23, 2020

As the pandemic speeds digital adoption at financial institutions, the technology giants are pitching products that scan in data from mortgage documents and provide security and compliance controls used by in-house tech developers.

Software 90

Software Google Compliance Security 90

American Banker

MAY 26, 2020

Here’s how banks can guard against that. Cybercriminals have targeted at least four financial services technology companies in recent months, potentially giving hackers back-door access to clients.

Technology 85

Technology Company Cyber Security Banking 2020 85

American Banker

JULY 22, 2020

The IBM-BNP collaboration and other new developments show that high-profile breaches haven't deterred banks from using the cloud to store data.

Data 75

Data Cyber Security Banking 2020 Digital Banking 75

Payments Source

FEBRUARY 26, 2019

The CEO of the nation's biggest bank gave the fintech props for revolutionizing payments and then building off its success to provide a whole range of services to small-business clients.

Innovation 84

Innovation National Fintech Payments 84

Celent Banking

OCTOBER 12, 2016

Therefore, it makes sense to tackle cyber risk with the same tools you use to manage operational risk. Cyber risk is typically treated in parallel with other technology risks; the IT department is motivated to focus on securing the vulnerabilities of individual system components and proffers a micro view of security concerns.

Risk Management 100

Risk Management Operations Management Security 100

Payments Source

AUGUST 26, 2019

and a bipartisan congressional delegation met with Swiss government officials last week to discuss Facebook’s plans to launch and operate a digital currency. House Financial Services Committee Chair Maxine Waters, D-Calif.,

Meeting 68

Meeting Operations Cyber Security Digital Banking 68

American Banker

JUNE 22, 2020

In a new twist on an old scam, cybercriminals have tried to get thousands of Wells staffers to surrender their own account information by sending authentic-looking emails containing malicious links that lead to a fake website bearing the company's name.

Company 45

Company Cyber Security Banking 2020 Digital Banking 45

American Banker

JUNE 12, 2020

PNC open to deal that would boost assets to $700 billion; banks take hard line against accountants seeking fees for PPP referrals; rush to online banking during coronavirus has hackers salivating, bureau says; and more from this week's most-read stories.

Online 52

Online Cyber Security Digital Banking Strategy 52

American Banker

SEPTEMBER 13, 2021

(..)

Cyber Security 81

Cyber Security Digital Banking Security 81

American Banker

JUNE 15, 2020

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.

Arkansas 42

Arkansas Massachusetts Maine Fraud 42

American Banker

NOVEMBER 7, 2016

Tesco Bank has confirmed that over the weekend, some of its customers' accounts were subject to online criminal activity, in some cases resulting in money being withdrawn fraudulently.

Online 65

Online Cyber Security System Digital Banking 65

American Banker

DECEMBER 27, 2016

Banks have used biometrics for about a decade, but there are a number of hurdles that banks, device makers and customers need to overcome before passwords are history.

Cyber Security 62

Cyber Security Analytics Digital Banking Security 62

American Banker

JUNE 26, 2020

Wells Fargo customers targeted with phishing attacks using calendar invites; Fed freezes stock buybacks, caps dividends after stress test results; Citigroup names Titi Cole its head of global operations and fraud prevention.

Fraud 31

Fraud Operations Cyber Security Maine 31

American Banker

NOVEMBER 9, 2021

(..)

Fintech 52

Fintech Cyber Security Digital Banking Security 52

American Banker

OCTOBER 5, 2016

It's time not only to hold banks accountable for their security, but also to provide meaningful regulatory guidance on how to achieve security.

Security 56

Security How To Cyber Security Digital Banking 56

American Banker

OCTOBER 1, 2021

(..)

Online 37

Online Cyber Security Digital Banking Security 37

Gonzobanker

DECEMBER 22, 2015

FFIEC’s Cyber Security Self-Assessment Tool. A few of us adopted the Apple Watch in hopes of keeping pace with current consumer trends the, promise of Apple Pay, and to answer our clients’ questions about the potential impact the watch could have on end-user digital banking expectations. Thank You Sir, May I Have Another?’

Community Bank 60

Community Bank Apple Community Technology 60

American Banker

DECEMBER 8, 2016

When BankMobile, the brainchild of Jay Sidhu and his daughter Luvleen, relaunches on a new platform in January, security — especially for the onboarding process — will be completely redesigned.

Security 28

Security Cyber Security Community Bank Analytics 28

American Banker

NOVEMBER 21, 2016

Distinct business plans in promising areas such as smart use of consumer data, cybersecurity and content creation, according to Bank of America Merrill Lynch commercial banking executive Scott Olmsted. And that is just the beginning of his list.

America 28

America Data Cyber Security Regional 28

American Banker

NOVEMBER 1, 2016

Online lenders' struggle with fraud is driving them to join new networks designed to find links between fraudulent loan applications and signs of borrowers trying to obtain multiple loans simultaneously.

Online 28

Online Fraud Cyber Security Analytics 28

American Banker

OCTOBER 28, 2016

Samsung sees banking as a long game, and Samsung Pay is its first move. As mobile banking grows, the Korean electronics company believes financial services is ripe with opportunity.

Samsung 28

Samsung Strategy Mobile Company 28

American Banker

OCTOBER 17, 2016

Bank is using geolocation to make sure customers' card transactions are approved when they are traveling. It is just one example of how more companies are asking customers to let them track their phones.

Fraud 28

Fraud Examples Cards Company 28

American Banker

SEPTEMBER 23, 2016

Financial services IT teams must think like cybercriminals and develop an offensive approach to security at a time when threats are growing in frequency and sophistication.

Security 28

Security Cyber Security Digital Banking Fraud 28

American Banker

SEPTEMBER 21, 2016

Banks continue to manually gather ID documents from would-be customers, even ones who sought to open accounts online. Bringing the manual process into the digital age is the goal of several startups.

Fraud 28

Fraud Mobile Online Cyber Security 28

American Banker

SEPTEMBER 14, 2016

When a mobile banking vendor told a San Antonio Federal Credit Union it didn't have the capabilities it wanted, the institution took a note from Facebook's strategy with Messenger and created a companion app.

San Antonio 28

San Antonio Strategy Mobile Security 28