Technology
Technology
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Six months ago, the European Union’s General Data Protection Regulation, or GDPR, took effect, threatening companies worldwide with massive fines if they didn’t look after customer data properly. Fresh research suggests it’s making a difference in Europe -- but not so much for U.S. web users.
November 12 -
Consolidation across the financial space isn't going to slow down, but one analyst says credit unions have a significant advantage over the competition.
November 12 -
BBVA, BNP Paribas and MUFG recently used BBVA's blockchain to reach an agreement within 24 hours — instead of two weeks — to lend a Spanish power company $150 million.
November 12 -
Hotel and airline breaches have become far too common, according to Pravin Kothari, CEO of CipherCloud.
November 12 -
Social Security numbers are used to verify identity across the financial services industry, but their use is outdated and leaves consumers vulnerable to data breaches.
November 12 -
An effective data analytics strategy could require rethinking all your institution's processes and touch points.
November 12 -
The ploys vary widely—digital tracking, fee incentives and "coopetition"—but banks are turning up the volume on innovation to pry businesses away from checks and keep them from signing up with rival tech startups.
November 12 -
A Colorado business owner and the second-largest U.S. bank are set to go to court this month over his intellectual property claim that he owns the service mark for an online virtual assistant named Erica. That is the same name the bank uses for its digital assistant.
November 11 -
Rich Karlgaard, who has spent 20 years at Forbes, shared insights into trends and best practices for credit unions
November 9 -
What the Democrats' House takeover means for banks; Synchrony has a lot to lose in fight with Walmart; should industry fear Waters-led banking panel?; and more from this week's most-read stories.
November 9 -
A new group aims to foster collaboration between fintechs and state and federal officials in the fight against crime — without hindering legitimate business innovation.
November 9 -
HSBC is the latest bank to be hit with this type of attack, in which hackers take stolen usernames and passwords from one site and attempt to reuse them to login to banks.
November 9 -
The former Goldman CEO is said to be the unnamed executive at a meeting with Asian financier; the bank faces multibillion-dollar penalties in two countries.
November 9 -
Barclays is leveraging its global network of offices and its business expertise to sponsor fintechs through its Accelerator programs in London, New York and Tel Aviv.
November 9 -
Readers sound off on the 2018 midterm election results, OCC's Otting defending his agency's right to charter fintechs, and predictions the plastic credit card is nearly dead.
November 8 -
Will it be a bigfoot from Amazon, Google and Apple, or death by a thousand bites from niche rivals? Or can banks and credit unions rally and fend off the insurgents?
November 8 -
Staffers at the bank's flagship, multilevel branch in Manhattan say wearable tech has proven ideal for discreet communication among each other to speed customer service.
November 8 -
Intesa Sanpaolo will be testing a new biometric contactless Mastercard in Italy, leveraging technology from Sweden-based Fingerprints AB.
November 8 -
A recent report from Best Innovation Group reveals a significant number of credit unions don't have a data analytics plan, and many that do are putting off spending money on it.
November 8 -
The OCC is looking into problems in the bank’s technology operations; banks turn to untraditional methods to raise revenue from research.
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