Technology
Technology
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The cyberattack on internet service provider Dyn that shut down websites all over the world showed the dangers posed by internet-connected things. That includes many machines commonly used in offices and branches.
October 27 -
There's a lesson for banks and credit unions in the cyberattack that took down PayPal, Netflix, Facebook, and other sites for hours and it's not just "have a backup domain name system provider."
October 27 -
When
Early Warning acquired clearXchange—soon to be renamedZelle —late last year, the acquisition was applauded by banks that make up the P-to-P payments network because it brought Early Warning's various fraud detection technologies into play.October 27 -
Issuers and merchants aren't collaborating enough on resolving disputes and managing bad charges. More transparency and collaboration will help.
October 27 -
If online merchants can keep their sites secure, they stand to make big gains from a consumer base that is overwhelmingly willing to play its part in protecting payment credentials.
October 27 -
IBM took the banking world by storm last month when it revealed its planned acquisition of Promontory Financial Group. Now, it has unveiled IBM Pay, a perhaps unexpected and yet unsurprising addition to the technology giant's Watson Commerce unit.
October 26 -
MemoryBank, a new digital-only bank unit of Republic Bank & Trust, aims to serve the sweet spot of customers who are digitally savvy but also have money.
October 26 -
The Office of the Comptroller of the Currency is expanding efforts to encourage the development of new banking products, announcing Wednesday that it will establish an office of innovation to spearhead research and communication related to fintech.
October 26 -
UBS is piloting a program with Alexa, Amazon's chatbot. Clients won't be able to ask Alexa about their portfolios yet, but they can ask questions about the economy.
October 26 -
WASHINGTON The Treasury Departments Financial Crimes Enforcement Network issued a reminder to banks that their obligations to report suspicious transactions also extend to certain cybersecurity attacks.
October 25 -
Want to boost member engagement? Youll need to get your members to pull out their smartphones.
October 25 -
At this week's Money2020 conference, payment execs like PayPal's Bill Ready say consumers will make purchases in a broad context of shopping, and if merchants aren’t poised to meet their audiences there, they will get left behind, Ready said.
October 25 -
"I'm both," could be the answer a mobile customer of USAA and perhaps other financial institutions gets in the not-too-distant future from a virtual assistant powered by artificial intelligence, key nuggets of customer-specific data and other technology.
October 25 -
The Center For Financial Services Innovation has released a framework it says is designed to spur safe data sharing between financial institutions, fintechs and third-party data aggregators.
October 25 -
When the San Bernardino shooter obtained a loan online, he reportedly used his real name, which wasn't on the government's sanctions-screening list, underscoring the limitations of identity verification technology.
October 25 -
The technology behind bitcoin has almost endless use cases.
October 25 -
WASHINGTON The Office of the Comptroller of the Currency plans to publish Wednesday a document outlining findings on regulating fintech.
October 24 -
The card network will test a new business-to-business payment service powered by the tech beyind bitcoin.
October 24 -
WASHINGTON A cybersecurity information-sharing group for the financial services industry has moved forward with a plan to create an arm dedicated to combatting threats to the largest banks.
October 24 -
Blockchain and the 'Internet of Things' are enabling a lot of new payments innovation. In Canada, they're part of a huge project that could radically change ID security for more than just payments.
October 24











