SAN JOSE, Calif. - (01/26/06) Technology CU said it hasimplemented PassMark Securitys Two-Factor, Two-Wayauthentication system and converted all of its online bankingmembers to the new security platform. The system provides a securetwo-factor authentication and anti-fraud filtering in compliancewith the new requirement for two-factor authentication by federalregulators. Each Tech CU was given a secretPassMarkconsisting of a small image and a phrase created ythe member--that Tech CU will subsequently display to the memberduring the log-on, to ensure that the member has reached alegitimate website and is not a spoofedsite.
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As AI and digital assets become mainstream, banks are spotting new opportunities to integrate payments with other activities.
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House Republicans overcame internal divisions to narrowly pass President Trump's tax and spending package Thursday afternoon. The measure would cut the Consumer Financial Protection Bureau's funding level, among other provisions.
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A new partnership with Google Cloud will let the Spanish bank offer Gemini to all staff after a successful ChatGPT deployment.
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Atlanta-based CoastalSouth's initial public offering prices at $21.50 a share; Valley National Bancorp announces Lyndsey Sloan will succeed Gary Michael as general counsel; Webster Financial Corporation taps a new chief risk officer and appoints a new board member; and more in this week's banking news roundup.
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Capital One closed the deal to buy the credit card provider in May and as part of the review process, decided to exit its home equity lending business.
July 3 -
In a rare move for a credit union, the Seattle institution has snapped up the 13-member team that created EarnUp's AI Advisor product.
July 3