RSA Security Inc. is acquiring Cyota, Inc., a privately held New York-based start-up that provides online security and anti-phishing solutions for credit unions and other businesses. The total purchase price is $145 million. RSA said the deal will allow it to become the first to market with a risk-based online authentication approach. This approach will allow customers to choose from a range of authentication techniques-from life questions, watermarking and anomaly detection to digital certificates, tokens and smart cards-depending on the risks posed and the desired convenience.
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In a letter to regulators, the consortium of organizations recommended regulatory changes affecting a range of rules from risk weights to warehouse financing.
February 20 -
The North Carolina-based megabank is making a $25 billion commitment to private credit — the latest signal that banks are undeterred, even as Wall Street raises alarm bells about the sector.
February 20 -
After a federal judge allowed a new state law to ban interchange fees on taxes and tips, a coalition of banks and credit unions struck back.
February 20 -
Research from Andrew Davidson claims a significant number of mortgage borrowers would have a wide variance in credit score if less than three pulls are used.
February 20 -
A public-private group led by the Treasury issued the first two of six planned resources to help banks navigate the risks and opportunities of AI.
February 20 -
Treasury Secretary Scott Bessent said in a public appearance in Dallas Friday that the administration will seek alternative means of enacting the White House's tariff agenda after the Supreme Court struck down the tariffs as outside the bounds of the law.
February 20





