Online Resources Launches Dual SecuritySystem

February 03, 2006, 1:00 a.m. EST 1 Min Read

CHANTILLY, Va. - (02/03/06) Online Resources Corp.announced Thursday it has introduced the first integrated securitysolution that will secure against invasions for both Internetbanking and electronic bill payment. The company has partnered withCyota Consumer Solutions, now a division of RSA Security, to offerintegrated risk-based authentication, anti-phishing technology andrisk management reporting which will eliminate the need for creditunions and banks to implement multiple security technologies.Online Resources clients will also join the RSA CyotaeFraudNetwork, a cross-bank online fraud repository, which allowsfinancial institutions to share fraudster profiles, and efficientlydetect and stop online banking and online commerce fraud inreal-time.

For reprint and licensing requests for this article, click here.

MORE FROM AMERICAN BANKER

Trump administration

Trump, Powell tussle over renovation costs in rare visit

President Trump and Senate Banking Committee Chair Tim Scott, R-S.C., visited the Federal Reserve Board headquarters Thursday afternoon to inspect ongoing renovations whose cost overruns have heightened scrutiny of Fed chair Jerome Powell.

By John Heltman

3h ago
M&A

Pinnacle, Synovus to merge; deal would create $116B bank

The two Southeast banks agreed to combine in a transaction valued at $8.6 billion. Synovus CEO Kevin Blair would be chief executive of the combined bank, but a slim majority of board members would come from Pinnacle.

By Allissa Kline

4h ago
Flagstar Financial

In rare move, Flagstar seeks to dissolve its holding company

Flagstar Bank wants to merge its holding company into the bank, which would cut $15 million in annual expenses and eliminate regulatory oversight by the Federal Reserve, leaving the OCC as its primary regulator. The bank's CEO, Joseph Otting, is a former comptroller of the currency.

By Allissa Kline

5h ago
Banking

15 most recent bank failures

Fifteen banks have failed since 2019, with the most recent one occurring on Jan. 17.

By Editorial Staff

6h ago
Payments

How the Fed is managing payments' 'new GPS'

Fedwire has migrated to ISO 20022, a messaging standard designed to make it easier for digital real-time processing rails to work together. It's a difficult lift for banks, but the agency promises it will be worth it.

By John Adams

8h ago
Payments

Bread still watching inflation even as its credit improves

Bread Financial continues to keep its eye on the potential inflationary impacts of the Trump administration's trade policies, despite the fact that its delinquencies and losses declined in the second quarter.

By Joey Pizzolato

9h ago