Billion-dollar FORUM CU has agreed to implement BioPassword's multifactor online authentication system.
The system uses biometric monitoring based on the dynamic of keystroke behavior to authenticate online users.
Three other credit unions have also signed on to BioPassword, San Antonio City Employees Federal Credit Union, as well as Parda Federal Credit Union and Automotive Federal Credit Union. BioPassword is based in Seattle.
The payment company's CEO says it's developing and shipping products faster despite cutting nearly half of its staff. It's a strategy he says can be replicated at other businesses.
Although many advisors choose to leave Wall Street mainstays in favor of firms offering greater independence, some find they're still most at home at another wirehouse. Just ask Todd Hatfield.
Expanding fintech charters and workforce shrinking across the Fed, OCC, and FDIC require financial services leaders to assume the role of technical auditor to protect against systemic contagion.
Whether or not the CLARITY Act becomes law, cryptos have a problem protecting assets, and that problem is not going away.
The Trump administration is currently reviewing a soon-to-be-released proposal on consumer financial data rights.
The online lender said its national bank will become the "primary originator," displacing the banks that are lenders of record. Loan buyers keep their role.
