Authentication

Carolina Bank's growth, and a corresponding increase in remote workers, drove the CEO and IT department to seek technology tightening access to its systems without making it harder for employees to log in.

James Varga, chief executive of miiCard, discusses how today's backward identity-management system requires people to share more information than is really necessary just to prove who they are.

Voice biometrics, fingerprint recognition, device ID and behavioral analytics are at long last becoming accurate and convenient enough for prime time.

As Facebook and Google increasingly become de facto managers of consumers' online identities, some wonder if another, more trusted party, such as banks or the government, should step up and take on this role.

Jacob Dienelt, a former financial adviser at Morgan Stanley, has joined Factom, a cryptocurrency tech startup, as its head treasurer.

Smaller banks need to develop detailed marketing plans to reach out to cardholders, while also working with their processors to prepare for the transition to EMV cards.

Apple Pay and cryptocurrencies such as Bitcoin have a lot of appeal for banks looking to stay at the cutting edge of digital payments. But security and compliance risks are part and parcel of these innovations.

Jeffrey Robinson is hardly a fan of Bitcoin (the title of his latest book, "BitCon," kind of gives it away.) But as the author of a classic 1990s book about money laundering, even he says that Bitcoin is a terrible tool for that particular crime, despite the digital currency's reputation. He explains why in the second part of a conversation with American Banker's Marc Hochstein.

Top executives from Bank of America, U.S. Bancorp, American Express, MasterCard, Microsoft and Apple are expected to participate as part of a White House summit on cybersecurity issues in California on Friday.

The creation of a new cybersecurity agency is the latest move by the Obama administration to combat the increasing threat of cyberattacks.

Citigroup has agreed to change its policies that prevented low-income consumers from opening checking and savings accounts.

Kofax, a financial technology company in Irvine, Calif., on Thursday released a product that allows lenders to capture and process electronic signatures.

Tangerine, Simple, American Express and Discover are some of the financial institutions that use Apple's Touch ID fingerprint-authentication technology to let consumers replace passwords or to add security.

The biggest bank in the country now lets opted-in mobile Android and Apple customers view their balances without entering their user names and passwords.

U.S. Bancorp recently began offering paperless account opening after seeing good results from electronically signed and documented lending. Yet a large segment of the industry still hesitates to use this technology, for legal, technical and cultural reasons.