VIENNA, Va. - (06/20/06) -- Navy FCU announced Monday it hascontracted with RightNow to automate routing and responses for thethousands of secure email messages it receives every day on its website. Navy Federal has experienced a dramatic increase in thenumber of secure emails being sent by members from itspassword-protected site over the past year. Because of thediversity of financial services Navy Federal offers, these emailsare sent to any one of more than 70 different departments and thenrouted to individual specialists within those departments. Bytaking advantage of RightNow's intelligent content recognitioncapabilities, Navy Federal expects to automatically route upwardsof 60 percent of its emails. It also expects to automaticallyanswer approximately one-third of its emails without humanintervention. Navy Federal has opted to implement RightNowinternally, rather than as a hosted application. More than 200users will access the system in this initial phase.
-
Threat group ShinyHunters claimed responsibility for the attack, which reportedly targeted third-party platforms rather than Betterment's own systems.
3h ago -
Artificial intelligence developments are stoking investor fears about software companies. Banks' limited exposure to the sector and general stability is proving attractive to investors.
4h ago -
Prosperity Bancshares finalizes the second of three acquisitions it's announced since July; Sumitomo Mitsui Banking Corporation appoints a new chief information security officer for its American operations; Huntington Bancshares, Third Coast Bancshares and Heritage Financial completed acquisitions; and more in this week's banking news roundup.
4h ago -
Fintech and crypto groups said in comment letters to the Federal Reserve that the proposed "skinny" master account is too limited and could keep firms dependent on banks. Banking groups asked for more time to comment.
6h ago -
Federal Reserve Vice Chair Philip Jefferson said in a speech Friday that long-term productivity gains brought on by artificial intelligence could compel the central bank to maintain higher rates to keep prices stable.
6h ago -
While the e-commerce giant has deemphasized the technology, banks and payment firms are testing the biometric option.
7h ago





