David Heun is an associate editor for technology at American Banker.
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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 -
A new service offered by the company helps clients automatically capture payment and invoice information as well as make sure the data matches.
By David HeunSeptember 8 -
Though banks were not directly affected by security flaws discovered in Azure systems last week, they need to be aware of the kinds of misconfigurations that could lead to massive data breaches.
By David HeunSeptember 1 -
For banks that want to replace usernames and passwords with more secure options, there's hope: Consumers are becoming more comfortable with biometrics, the technology is getting easier to use and regulators are starting to require it.
By David HeunAugust 26 -
The U.S.’s measured approach will allow it to learn from other countries that are pioneering their own cryptocurrencies, according to executives from IBM, R3 and Public Mint.
By David HeunAugust 25 -
Many customers in health care and other sectors remain resistant to new technologies. Here's how banks are trying to persuade them to adopt more efficient payments and back-office systems.
By David HeunAugust 19