Technology
To meet the growing demand, banks are faced with a choice of hiring, reskilling or outsourcing.
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A recent announcement from the CFPB makes clear that the agency expects banks to adopt multifactor authentication, password management and security patching.
August 18 -
Agility Bank, Encore Bank, Queensborough National Bank and others have chosen or are considering less-mainstream core systems vendors because of their responsiveness and adaptability.
August 17
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It's surprising given the cryptocurrency's volatility, but the New York Yankees, the Houston Rockets, MVB Bank and Vantage Bank are among the companies that have begun letting employees invest some of each paycheck in bitcoin in recent months.
August 15 -
Banks such as FNBO and Ally Financial have taken to the social media channel to appeal to younger customers.
August 12 -
The two major tech firms were targeted in an intricate phishing scheme last week. One fended off the attack; the other was not so fortunate.
August 11 -
In markets such as India, China, the United Arab Emirates and Brazil, more consumers and merchants are testing or deploying facial recognition as a way to authenticate transactions.
August 8 -
A vast majority of IT leaders at banks want to ditch passwords for something better and safer, and many tech vendors are moving in that direction already. But it's easier said than done.
August 5 -
Early Warning Services brought back its Authentify moniker for a new digital ID service. It's not being marketed as a way to stop P2P fraud, but it should appeal to banks wanting to improve security for online transactions.
August 4 -
In the lead-up to a data breach, phishing is second only to use of stolen credentials in terms of how attackers infiltrate institutions. Here's what else you need to know.
August 3
