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Artificial intelligence is moving from science fiction to practical reality fast, and it's in banks' best interest to gear up now for the changes ahead. Here are some strategies to consider.
January 8 -
The time banks have to investigate red-flagged credit payments has shrunk from several days to a few hours and fraudsters have already taken notice.
December 29 -
Banks have used biometrics for about a decade, but there are a number of hurdles that banks, device makers and customers need to overcome before passwords are history.
December 27 -
The decision to rewrite the regulation came two days after a hearing in which New York bankers unleashed a litany of complaints about the regulation to Empire State lawmakers.
December 22 -
Had Wells Fargo simply complied with regulatory guidelines on multifactor authentication across all channels, there would have been substantially less fraud.
December 22Open Identity Exchange -
With identity management now established as a distinct industry, it needs an organization to nurture its practitioners like those that exist for the privacy and security sectors.
December 21Kantara Initiative -
The tech firm behind USAA's digital assistant has introduced an authentication tool that identifies customers by the sound of their voice or by their facial features.
December 14 -
As online shopping and card fraud increase, startups offering easy-to-use "burner" cards could see strong traction.
December 13 -
When BankMobile, the brainchild of Jay Sidhu and his daughter Luvleen, relaunches on a new platform in January, security especially for the onboarding process will be completely redesigned.
December 8 -
The Secure Keys dongle has worked well to vet internal staff at Google, and the search giant sees a number of other uses for the hardware.
December 7