Sean Sposito

The new Kernel marketing service tailors online ads to bank customers.

A massive cyber offensive in which millions of dollars were stolen from two Middle Eastern banks through ATMs in dozens of countries could have been prevented had better security controls been in place at the card processors, the ATMs and the banks involved, observers say. The security lapses could lead to legal liability for many of the companies duped in the process.

Better security deployed by the card processors, the banks and the ATM operators could have detected and thwarted the complex scheme in which millions were stolen from two Middle Eastern banks.

For bankers, a well-designed customer interface is worth the money, according to a recent Forrester report.

HSBC Bermuda is giving its retail banking customers security devices that will display one-time passwords for online banking, according to reports.

Eight months of banks being under steady, near-constant attack have taught observers a thing or two about what banks can expect going forward.

Mark Jamison of Capital One envisions a future in which financial services companies mimic Apple and other tech giants, turning bureaucracies into plug-and-play digital platforms.

A panel this week at the CEB TowerGroup conference in Boston focused on the future of authentication.

As NYC's police commissioner, Bill Bratton pioneered a process that married sophisticated data analysis with better communication across an organization.

A panel this week at the CEB TowerGroup conference in Boston debated the convenience-versus-security aspect of fighting fraud.

In the wake of a successful pilot, Discover announced Wednesday that it is offering bank software vendor Fisoc's debit rewards program, Buzz Points, to its issuing banks.

Citi is adding a finance tool to its CitiDirect BE Mobile platform that will let suppliers check up on the status of incoming payments.

CipherCloud announced Tuesday that it's expanding its cloud information protection platform.

Verizon has released its eighth annual Data Breach Investigations Report, and – no surprise – banks are at the top of the list of companies besieged by cyber threats.

Roughly two months after BBVA Compass launched its branchless bank account for basketball fans, the bank has about 10,000 NBA Banking customers, says BBVA's chief marketing officer John Wessman.

Mobile device fraud is climbing with consumer adoption of the technology, according to a joint study released by payments technology company Jumio and Harris Interactive.

Silicon Alley software company BillGuard is crowdsourcing fraudulent credit card charges and attempting to sell special consumer protection to banks.

As Google started releasing its wearable computing product Google Glass to developers, it had a message for banks and other would-be commercial users: You will be prohibited from distracting users with ads.

Prolexic Technologies says it's seen more distributed-denial-of-service attacks in the first three months of this year than it ever has in the past.

The Silicon Valley startup, which recently raised $15 million in seed funding, is creating the infrastructure behind a complicated standard created by an association supported by PayPal and Lenovo, among others. This is the third in our series of profiles of six up-and-coming fintech startups.