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

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

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

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 41

Arkansas Massachusetts Maine Fraud 41

Fintech Labs Insights

MARCH 29, 2017

Swiss financial sector infrastructure operator SIX partners with IBM Watson to build cyber-security hub. MasterCard introduces new fraud detection solution, Decision Intelligence. FinDEVr New York newcomer Fiserv announces enhancements to its real-time, loan servicing solution, LoanServ. Follow FinDEVr on Twitter.

New York 12

New York Cyber Security Video Capital 12

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

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

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 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

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

NOVEMBER 17, 2016

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

Fraud 28

Fraud National Online Cyber Security 28

American Banker

DECEMBER 13, 2016

As online shopping and card fraud increase, startups offering easy-to-use "burner" cards could see strong traction.

Cards 28

Cards Fraud Online Cyber Security 28

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

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

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

Gonzobanker

DECEMBER 22, 2015

FFIEC’s Cyber Security Self-Assessment Tool. 120 minutes into a core vendor demo, the bank’s PMO clears his throat and asks, “So … what’s the name of your product?”. “We teach you to make sure you use our system in a manner that doesn’t open any security loopholes.” Thank You Sir, May I Have Another?’

Community Bank 60

Community Bank Apple Community Technology 60