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Bank Technology News August 2006 Glen Fest |
Multi-Factor Authentication: Two-Factor Timing Twists Up Bankers The FFIEC's guidelines for adopting multi-factor authentication includes a hard deadline with apparently soft parameters. But will haste end up producing waste? |
InternetNews October 24, 2005 Tim Gray |
Companies Bid for Authentication Compliance Work Financial institutions are getting started on security compliance regulations. |
U.S. Banker December 2005 |
Authentication: FFIEC Commands Two-Factor ID by 2006 The Federal Financial Institutions Examination Council issued guidance requiring multi-factor authentication for on-line banking customers by the end of 2006. |
Bank Technology News January 2002 Maria Bruno |
Citi's Biometrics Tease Yet another banking giant's quest for the ultimate in security... |
InternetNews November 8, 2005 Clint Boulton |
Liberty Needs to Know Who You Are The Liberty Alliance Project creates a group to help companies bring authentication into their folds. |
Bank Systems & Technology May 26, 2010 Matt Gunn |
Fiserv, PhoneFactor Partner For Phone-Based Multi-Factor Authentication Authentication services provider PhoneFactor and Fiserv announced a partnership that makes phone-based multi-factor authentication available through Fiserv's Corillian Online banking solution. |
Bank Systems & Technology August 2, 2005 Phil Britt |
Fighting the New Face of Fraud Technology plays a critical role in banking fraud, both in creating new opportunities for fraud and offering new methods to defend against it. Financial services institutions must take a holistic approach to combating fraud. |
Wall Street & Technology April 14, 2006 |
Four Keys to Stronger Online Security Mercator Advisory Group has released a new report, "Total Transaction Security: Best Practices in Limiting Fraud Exposure Online and Offline," in which it recommends four strategic imperatives to consider in developing online security initiatives. |
Wall Street & Technology June 13, 2006 |
Authentication Gets Deeper Deepnet Unified Authentication is a single integrated authentication platform that provisions, manages and verifies all types of authentication, form factors and user credentials that are used for user authentication with Internet services, remote access and enterprise network access. |
Insurance & Technology August 25, 2004 Anthony O'Donnell |
Enterprise Decision Manager Fair Isaac launched Enterprise Decision Manager, which the vendor says is the first software that combines predictive analytics, business rules and business-user control into a single platform for enterprise decision management. |
Bank Systems & Technology April 7, 2006 Peggy Bresnick Kendler |
Security Outlook A plethora of high-profile data breaches and concerns about identity theft have put the banking industry on high alert. To secure their information assets, banks must implement a cross-channel, multilayered approach that extends beyond technology. |
Bank Systems & Technology February 27, 2006 Maria Bruno-Britz |
Back to the Future Banks are beginning to realize that biometrics offer a viable solution in today's security- and compliance-conscious environment, according to a new report. |
Bank Technology News August 2006 Glen Fest |
Choosing Authentication Solutions: Vetting Vendors, Soothing Customers Banks face tough choices today in building anti-fraud resiliency, from selecting providers to meeting user preferences. Will they be happy with those choices tomorrow? |
Wall Street & Technology April 27, 2005 Jim Middlemiss |
CIO Challenge: Two-Factor Authentication The rising incidence of account hijacking and identity theft has created a challenge for financial organizations that want to secure their data, but still allow clients and staff to conduct transactions online. Two-factor authentication may provide a solution. |
InternetNews March 3, 2006 Erin Joyce |
Neal Creighton, CEO, GeoTrust Digital certificate authority Neal Creighton sees a busy year dawning. The co-founder of GeoTrust explains why. |
Bank Technology News September 2006 |
Homeland Insecurity One of the toughest battles for bankers may be in combating online security breaches and sophisticated money laundering schemes. |
Bank Systems & Technology May 3, 2005 Deena M. Amato-McCoy |
Creating Virtual Value By integrating business channels, consolidating customer histories and beefing up security, banks are improving their online offerings to provide customers with all the conveniences of branch banking in the comfort of their own homes. |
Bank Systems & Technology August 24, 2006 Nancy Feig |
Banks Scramble to Meet FFIEC Online Banking Authentication Guidelines by Yearend Less than four months remain for banks to meet the Federal Financial Institutions Examination Council's year-end deadline for Internet banking authentication, but some confusion remains over what is an acceptable solution. |
Bank Systems & Technology May 5, 2007 Maria Bruno-Britz |
Fraud Techniques Evolve in Parallel with Bank Products and Defenses As fraudsters' techniques evolve alongside the products and services offered by financial institutions, new steps must be introduced to stop them. |
Bank Systems & Technology November 1, 2006 Maria Bruno-Britz |
Bharosa Introduces Fraud Fighting Network Antifraud and authentication solutions provider Bharosa introduced the Bharosa Fraud Intelligence Network, an industry cooperative fraud detection network designed to help members attack fraud more proactively. |
Bank Technology News May 2009 Rebecca Sausner |
Phone Fraud Advances Biometrics Fighting external fraud has become like whack-a-mole; with the online channel increasingly secure, organized crime has taken to exploiting the weaknesses in the call center |
Bank Systems & Technology June 2, 2004 Cynthia Ramsaran |
Banque Populaire Prepares for Basel II French Bank uses Fair Isaac rules management technology to comply with capital requirements. |
InternetNews August 18, 2005 Tim Gray |
Consumers' Online Security Concerns Rising A new study suggests that authentication technologies may help regain online users' trust. |
Bank Technology News December 2007 |
Scoring Banks' Compliance With FFIEC Guidelines Compliance with FFIEC guidelines brought out the worst in many bankers. So how did banks do in terms of compliance? |
Bank Technology News November 2008 Rebecca Sausner |
New Methods to Bust Transaction-Level Fraud A 40 percent increase in the amount of ATM and debit fraud detected could probably pay for the technology investment behind it pretty quickly, given that debit fraud in the U.S. is a $1 billion -- and growing -- problem, with few solutions. |
Bank Systems & Technology December 1, 2006 |
New Products Experian Detects Mortgage Fraud... Fair Isaac Improves Predictions... Automated BSA Compliance... |
Bank Systems & Technology August 24, 2006 Nancy Feig |
BITS Releases Insider Fraud Database BITS, a nonprofit consortium of 100 of the largest U.S. financial institutions, released its own insider fraud prevention service, which consists of a list of former financial institution employees who have compromised consumer information and/or knowingly caused financial losses. |
Bank Technology News January 2009 Rebecca Sausner |
Banks Beef Up The Locks Many U.S. banks are now taking another look at their online authentication technology, and increasingly adding layers that involve out-of-band techniques and stronger fraud-detection engines. |
Wall Street & Technology March 21, 2006 Paul Allen |
Add Another Bolt to the Cyber Door Due to enhanced and evolving cyber-threats, financial institutions now must implement some form of multifactor authentication or layered security to protect sensitive customer data. |
Bank Systems & Technology August 24, 2006 Peggy Bresnick Kendler |
Identity Management Addressing the biggest threats to information security for banks. |
InternetNews March 18, 2005 Erin Joyce |
Bruce Schneier, CTO, Counterpane Internet Security An interview covering the weakness of 2-factor authentication on the Internet, managed security services, software insecurity, and advice for lawmakers. |
Wall Street & Technology November 18, 2005 |
Stronger Authentication Single-factor authentication is insufficient for online financial services, according to the Federal Financial Institutions Examination Council (FFIEC). |
Bank Technology News June 2004 Karen Krebsbach |
Firms Flirt with Out-of-Band Authentication Banks weigh whether this cumbersome technology is worth the bother for consumers, particularly for on-line banking. |
Bank Systems & Technology October 30, 2007 Nancy Feig |
Banks Using Mobile Phone for Out-of-Band Authentication Amid increasing pressure to protect customers online, some of the largest global banks are turning to out-of-band authentication to fortify their Web banking services. |
CRM June 2015 Leonard Klie |
In Data Security, It's a Numbers Game Requiring multifactor authentication makes it harder for hackers to access information |
U.S. Banker July 2010 Rob Garver |
The Cost of Inaction Banks need to help protect commercial clients from online fraud, but face tech hurdles and resistance from clients themselves. Meanwhile, hackers lurk. |
Bank Systems & Technology May 1, 2006 Lisa Valentine |
Collaboration Is Job One An interview with Financial Services Technology Consortium executive director Daniel Schutzer on fostering a more collaborative environment regarding technology in the financial services industry. |
The Motley Fool January 14, 2004 Tom Taulli |
Fair Isaac Snags IBM After missing its previous quarter, Fair Isaac gives shareholders something to like. |
Bank Technology News February 2002 Maria Bruno |
Security Won't Wait for Upturn in Wake of Fraud and Terrorist Attacks A sober financial industry takes stock of its data safeguards... |
Bank Technology News March 2010 Rebecca Sausner |
1. Union Savings Breaks Security Barriers, Arrests Fraud There aren't too many one-of-a-kind, leading edge community bank IT projects, but Union Savings Bank's integration of its video surveillance system with biometric recognition and search software and its Fiserv teller platform surely makes that list. |
Bank Systems & Technology June 26, 2006 Deena M. Amato-McCoy |
Closing the Door on Criminals Banks need a consistent approach to fraud assessment and prevention, otherwise they will never truly get ahead of the problem. |
Bank Technology News March 2007 Holly Sraeel |
Protecting Data Online Is a Top Priority for Consumers Today, consumers recognize that fraud is no laughing matter. According to a study, 41% of respondents would decrease their use of online banking or switch institutions in the wake of a data breach. |
InternetNews February 16, 2007 Clint Boulton |
Jonathan Fisher, CEO, Bharosa Security vendor Bharosa looks to protect corporate data with multifactor authentication and fraud detection. |
Bank Technology News April 2005 John Adams |
The Cost of Doing Business The debate over multi-factor authentication for electronic transactions is growing louder, and many say industry-wide use is virtually inevitable for banks. So why is almost nobody doing it? |
Bank Systems & Technology January 31, 2006 |
Untangling the Web Commerce Bank improves the online experience for its small business customers... HSBC Holdings deployed the Fraud Predictor solution from Minneapolis-based Fair Isaac... To cut loan processing time Mid America Bank goes paperless... etc. |
Bank Systems & Technology August 30, 2005 Maria Bruno-Britz |
Maximum Security Although all industries are susceptible to data theft, the costs in terms of reputation and dollars are particularly steep in financial services, and most banks are taking measures to reduce the risks associated with handling consumer data. |
Bank Systems & Technology May 25, 2006 |
Big Deals Wachovia Goes Exstream... Amegy Opts for Allegiance... Wincor Renews Contract... AmEx, EMC Deal... Fair Isaac, HP Team... First Tennessee Has PULSE... etc. |
InternetNews February 13, 2006 Sean Michael Kerner |
VeriSign's VIP Protects Sign-On IDs VeriSign Identity Protection, announced today, will offer users the promise of a single security device that will enable authentication on VIP-enabled Web sites. |
Bank Technology News October 2004 Holly Sraeel |
Fraud is Rising, But Victims, Banks are Fighting It Talk about fraud in banking circles and one will inevitably hit a nerve. |
Wall Street & Technology January 5, 2006 |
Behavioral Security With the recent SEC and FFIEC recommendations casting a spotlight on online account security, behavioral biometrics has emerged as an increasingly popular technique for financial services institutions to meet federal regulators' call for multifactor authentication for online account security. |