David Heun is an associate editor for technology at American Banker.
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The bank is the first to offer a service from The Clearing House’s Real Time Payments network that lets businesses send bills to retail clients, who are given the option to pay them immediately.
By David HeunOctober 25 -
Account takeovers and ATM skimming are rampant in cities like Las Vegas and New York. Meanwhile, scammers are targeting travelers as they attempt to pay airlines, cruise ships, car rental companies and hotels.
By David HeunOctober 22 -
The new ATMs deter card-skimming fraud through encryption, individually paired card readers and a design that requires users to dip their cards at an angle.
By David HeunOctober 15 -
Cybersecurity teams are using scoring systems, standard formats and other tactics to prioritize the deluge of alerts they're receiving about commonly used programs.
By David HeunOctober 13 -
Even with an industry-driven standard in place, some institutions still resist parting with client information.
By David HeunOctober 6 -
Under Morais, Ally Bank hit a number of milestones in 2020, including topping the 2 million mark in deposit customers.
By David HeunOctober 6 -
FirstBank is working with the two major U.S. real-time payments systems so that it can suit the preferences of different customers. Its flexibility could set an example for regional and small institutions.
By David HeunOctober 1 -
Email scams in which hackers siphon small amounts of money from thousands of accounts at once are on the rise. Here's what banks are doing about it.
By David HeunSeptember 16 -
Eligible users may trade bitcoin and ether through the company's app and also use bitcoin when completing debit card purchases. More cryptocurrency options will be offered in coming months.
By David HeunSeptember 13 -
As the need for easy-yet-secure mobile banking authentication escalates and consumers become used to logging in by looking into a camera, banks are taking the technology more seriously.
By David HeunSeptember 13