HARRISBURG, Pa. – Mid-Atlantic Corporate FCU said it has installed Green Armor Solutions’ Identity Cues multi-factor authentication system for online log-on. The first time a user logs on with their user name and password, the server will send an email with an ID to plug into the web page, which will validate the user. Green Armor will associate users with the computer they are on by doing an analysis of the online session, examining particulars to each user’s machine. The multi-factor authentication will be used for wire transfer, automatic clearinghouse and other services provided by the $2 billion corporate.
-
A rule banning bank examiners from using reputational risk in their examinations includes an exception for operational risks — another notoriously unquantifiable category of risk. Experts say the concession suggests the attempt to carve subjectivity out of bank examination may amount to a relabeling exercise.
2h ago -
A 21.2% spike in the price of gasoline was the biggest contributor to a 0.9% increase in the Consumer Price Index in March, according to a Friday report from the Bureau of Labor Statistics. The agency said other price increases were largely contained.
4h ago -
Several major financial institutions last year increased their spending on measures to protect top executives, according to public filings. The moves followed the killing of UnitedHealthcare CEO Brian Thompson in December 2024.
8h ago -
The first U.S. bank to offer an exchange-traded product tied to bitcoin saw $34 million in trading on the first day.
April 9 -
Oil rights can be a surprisingly illiquid asset. A fintech called Frontlands is hoping to change that by offering a credit card for the owners of oil wells and other natural resources.
April 9 -
The fintech rolled out Intelligent Money Movement, a treasury service that combines payments, liquidity management and disbursements as it looks to capitalize on its multiple banking licenses.
April 9









