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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JPMorganChase wants to expand its digital bank offerings to three more European countries, according to a new Financial Times report; M&T Bank Corp. elects Jerry Jacobs Jr. to the board of directors of both its parent and banking subsidiary; Citizens Financial Group names Chris Emerson as head of investor relations; and more in this week's banking news roundup.
8h ago -
Banks that don't embrace embedded payments now risk losing out to more nimble rivals in the near future.
9h ago -
Anthropic's head of banking told New York Banking Summit attendees that the future is agents that operate autonomously alongside employees.
June 19 -
Chair Travis Hill said SVB showed banks can't always sell securities fast enough to cover deposit outflows, but acknowledged the "stigma problem" with discount window borrowing remains unsolved.
June 18 -
At a conference in New York, Joseph Otting reflected on the difficult hiring decisions he made early in his tenure heading Flagstar Bank, which just two years ago was on the verge of collapse.
June 18 -
Back-office automation fintech BILL Holdings is using JPMorgan Payments white-label digital wallet to subledger its own clients' accounts. Reconciling client payments for BILL's corporate card, the BILL Divvy Card is the company's first use case.
June 18








