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If an online merchant or bank composed a fraud-prevention wish list, it likely would have two important factors right at the top: Confirm the customer is actually who he says he is, and make sure the device he is using to access our website matches his profile and hasn’t been used in previous fraud attempts.
February 23 -
Financial institutions are warming up to remote access service, in which customers use telephony and video technology to speak to a sales or service rep in another location, an option that solves problems such as reaching consumers in rural areas where branches are scarce or extending service to branches with little or no staff.
February 23 -
Bankers might still be waiting for Discover Financial Services to mount a credible challenge to meganetworks Visa Inc. and MasterCard Worldwide, but the smaller credit card company has been frying other fish in the meantime.
February 23 -
WASHINGTON–The Consumer Financial Protection Bureau's announcement Feb. 22 that it was targeting overdraft-protection practices was a stark reminder for bankers that even if they have already made significant changes, it is likely not enough.
February 23 -
NEW YORK–Bankers, consumer advocates and other industry members gathered on Feb. 22 to hear officials from the Consumer Financial Protection Bureau outline their concerns about overdraft practices.
February 23 -
Raiffeisen Bank in Vienna is moving into contactless payments though an initiative it plans to roll out in April called CardMobile.
February 23 -
Yet another emerging payment scheme sees an opportunity to claw at the soft underbelly of legacy point-of-sale payment systems, following in the footsteps of PayPal Inc., which is testing its traditionally online payment service inside Home Depot and Office Depot stores.
February 23 -
WEST PALM BEACH, Fla. – A brand-new resource to assist credit unions in growing and serving members is making its debut this week: CUllaborationNation.com.
February 22 -
MADISON, Wis. – UW CU yesterday said it signed with LPL Financial to provide its members with investment services and products.
February 22 -
Aiming to provide a more modern and comprehensive service to its customers, Absa Group Ltd. plans to overhaul its ATM network in South Africa with new machines, the Johannesburg-based bank announced on Feb. 20.
February 22
