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4 considerations for banking leaders concerned about cyber security

NCR

Increasingly, customers are asking financial institutions for new and improved levels of digital connectivity. With that comes the need to protect the data associated with all types of banking transactions. In many cases, the opportunity to stop fraud begins with the customer. Customer Responsibility.

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Online Fraud Victims Need More Help from Banks to Recover

American Banker

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
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Prepaid’s Summer Of Uncertainty

PYMNTS

Brad Fauss, CEO of the National Branded Pre-Paid Card Association and MPD CEO Karen Webster dug into the potential for these rules to create the kind of inconsistencies that could very well disadvantage the very consumers that the CFPB intended to protect. “The lines become very blurry,” Fauss told Webster.

Cards 100
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Next-Gen Biometrics: Using the Force of Habit

American Banker

Behavioral biometrics has already stopped several million dollars worth of online banking fraud at National Westminster Bank in London.

Fraud 28
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Are You Really There? U.S. Bank Tries Geolocation to Stop Fraud

American Banker

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
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The 2015 GonzoBanker Awards

Gonzobanker

We don’t know what Los Alamos National Bank’s marketing department was drinking when it designed the customized water bottle labels, but we’re giving them big points for creativity. FFIEC’s Cyber Security Self-Assessment Tool. Click to enlarge. ‘It It Must Be Something in the Water’ Award. The result? Tie: Money 2020.