NEW YORK - (11/11/05) -- Increasing incidents of identitytheft have made growing numbers of consumers wary of bankingonline, according to a new survey released this week by Entrust, anInternet security firm. The report, presented in New York Tuesdayat a forum on identity theft, claimed that 18% of Americans whohave banked online now do so less frequently, or not at all, due tosecurity concerns. The survey also found that roughly a third ofonline users have doubts about the legitimacy of the banking Websites they regularly visit, fearing that they may be phony sitesset up by criminals. The vast majority of those surveyed--94%--saidthey would be willing to use additional security measures such asstronger authentication methods. The survey was based on datacollected from 710 people during the week of October 17.
-
The Wyoming-based digital asset bank filed paperwork to challenge last month's district court ruling, which affirmed the Federal Reserve's view about its discretion over master account applications.
1h ago -
The former head of the Consumer Financial Protection Bureau resigned Friday after the troubled rollout of the Free Application for Federal Student Aid led some House Republicans to call for his resignation.
2h ago -
The San Antonio-based bank said that loan growth, fueled in part by its expansion in key Texas markets, may compensate for pressure on deposits. It slashed the number of rate cuts it expects this year from five to two.
3h ago -
Mississippi's Renasant names its next CEO; environmental fintech Aspiration Partners spins out its consumer brand; the OCC adds five weeks to comment period for Capital One-Discover merger; and more in the weekly banking news roundup.
3h ago -
The Wisconsin banking company forecasted loan growth of 4% to 6% for the full year, driven by an expansion into new commercial and consumer credit lines as well as enduring economic strength in the Midwest.
5h ago -
In the inaugural iteration of American Banker's news quiz, test your knowledge on top articles covering the legal battles of the Consumer Financial Protection Bureau, new technology testing at JPMorgan Chase, earnings season and more.
5h ago