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With Microsoft, Equifax and others acknowledging that the SolarWinds hack of U.S. government entities had affected their holdings, security teams and vendors have put the holiday aside while continuing around-the-clock surveillance to ensure no financial services or payments networks have been hacked.December 28
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The pilot leverages Keyno’s CVVkey technology that uses a dynamic card verification value 2 (CVV2) code to provide a higher level of security against fraud for online and mobile payments.November 17
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Fraudsters have increased their attempts to steal data through email scams since much of the financial services sector moved to remote work when the pandemic began.October 30
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Executives and technology analysts offered a host of concerns that are likely to dog credit unions well into the new year.October 14
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Artificial intelligence and machine learning are some examples of technology available now to help combat money launderers profiting from the pandemic.May 15Founder and CEOGiant Oak
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A 2019 report from the Federal Trade Commission shows consumer losses to “romance scams” rose more than 300% between 2015 and 2018. Credit union leaders say the real numbers may be much worse.February 14
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Granting a third party access to a bank's systems in exchange for more advanced technology can help prevent fraud, but it can also attract cyberattacks.January 6Head of Model Risk ManagementRegions Bank
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The current climate is akin to the Wild West, with little protection for the consumer, and new regulations are needed if the technology is to continue to expand in a safe and sustainable way, argues Mitek's Stephen Ritter.January 3Chief technology officerMitek