Data security

Lloyds Banking Group was hit by a cyber attack that disrupted online services for customers two weeks ago, a person with knowledge of the matter said.

Bank consortium R3 CEV, one of the most well-funded blockchain working groups, has endured criticism for its meticulous process. But if blockchains are most valuable with a network effect, maybe forgoing some agility is worth the long while.

Payment companies and other financial institutions were victimized less than health care, educational institutions and government agencies.

Rather than killing off the plastic card, smartphones are strengthening it. Many issuers' card accounts are more valuable than ever, with perks made possible only through the development of smartphone apps.

It should surprise no one that the cybersecurity rules regulators are drafting are simplistic and written in one size to fit all.

As payments become "invisible," easier execution will also make transactions more safe and power marketing programs

HSBC has formed an advisory board to guide it on fintech, cybersecurity and IT infrastructure issues.

Robins Financial recognizes trio of top employees, Numerica ramps up lending department and more CU professionals in the news.

Some vendors have begun offering authentication platforms through which biometrics and other authentication tools can be plugged into any or all channels. TD Bank is sold on this concept, but others are not completely sure.

Credit union technology executives and analysts suggest the industry must collaborate to work on three primary areas: cybersecurity, data and business intelligence and digital-first strategies.