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InternetNews October 24, 2005 Tim Gray |
Companies Bid for Authentication Compliance Work Financial institutions are getting started on security compliance regulations. |
Bank Technology News March 2011 Rebecca Sausner |
FFIEC to Revisit Online Protection Banks' security for online accounts hasn't kept pace with the threat landscape, regulators say, and sources say the FFIEC may soon update its 1995 guidance on securing online banking transactions. |
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? |
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 Systems & Technology December 21, 2009 Nathan Conz |
Fraud: Social Media Heightens New Threats As fraudsters increasingly seek to exploit weaknesses in consumers' defenses through social engineering schemes rather than hack vulnerabilities in banks' security systems, the need for enterprisewide solutions to detect fraud across channels is greater than ever. |
Bank Systems & Technology January 4, 2010 Penny Crosman |
As Small Business Online Banking Fraud Grows, So Do Efforts to Curb It Password controls, stronger authentication and customer PC security scans among the measures that can help defend against online banking fraud. |
InternetNews October 29, 2009 |
Two-Headed Trojan Targets Online Banks New Trojan uses "two-pronged payload" to swipe log-in information, steal electronic funds. |
Bank Technology News September 2010 Rebecca Sausner |
The FutureNow List 2010 The FutureNow List showcases the state of the art, and state of the bank security industry, in 2010. |
Entrepreneur May 2010 Gwen Moran |
Is Online Banking Safe? Beware the pitfalls of convenience when it comes to conducting transactions via the web. |
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? |
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 Technology News October 2009 Michael Sisk |
Wire Fraud's Growing Threat Just how big a problem wire fraud has become is a matter of some debate -- confusion fueled in part by banks' and businesses' reluctance to speak openly about it. |
Bank Technology News May 2011 Penny Crosman |
The Check-Kite Fight That Never Ends Beach Business Bank has been working to improve online banking transaction authentication to prevent check and wire fraud from occurring again. |
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 10, 2010 Penny Crosman |
ID Fraud Grew 12% in 2009, But Wells Fargo's Fraud Losses Are Down Javelin Research's latest fraud survey finds identity fraud continues to rise, but losses are down at some banks due to fraud detection technology improvements. |
BusinessWeek November 12, 2009 Amy Feldman |
Buddy, Can You E-Mail Me 100 Bucks? The Next Big Thing in U.S. banking may be mobile person-to-person money transfers. |
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? |
Bank Systems & Technology November 20, 2009 Maria Bruno-Britz |
J.P. Morgan Stepping Up Fight Against Corporate Payments Fraud The bank issued a white paper that looks at the growing area of corporate payments fraud and suggests best practices for safeguarding accounts. |
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. |
The Motley Fool March 31, 2006 Stephen D. Simpson |
Any Limit on Global Payments? The stock of this electronic financial transaction processor isn't cheap, but there's plenty of growth here. |
Bank Technology News December 2009 Rebecca Sausner |
Out-of-Band Authentication Gets Outfoxed Banks in the United Kingdom are battling fraudsters that have found a way to compromise out-of-band authentication-an approach supported by many fraud experts. |
Bank Systems & Technology February 27, 2006 Larry Greenemeier |
Banks Benefit as Authentication Providers Duke It Out As emerging security threats cause confidence in online services to wane, financial services firms are searching for ways to restore users' faith. Rival providers of online authentication technology are leveraging the opportunity to spread their technology across the globe. |
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. |
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 January 31, 2006 Maria Bruno-Britz |
Fortifying Online Banking The Federal Financial Institutions Examination Council (FFIEC) issued guidance to the financial services industry for data security in the online banking environment. Banks must perform the mandated risk assessments by the end of 2006. |
Bank Systems & Technology August 27, 2009 Maria Bruno-Britz |
Evolving Fraud Schemes Keep Pressure on Evolving Payments Instruments While some of the latest schemes borrow from scams past, today's fraud schemes are as sophisticated as banks' most advanced payments systems. And stopping them is still a challenge. |
Bank Technology News November 2008 Maria Trombly |
Mobile Insecurity: Reality or Just hype? The increasing functionality and numbers of mobile banking platforms creates the potential for mobile banking security issues, but industry watchers have widely divergent opinions about how serious the threat really is. |
U.S. Banker July 2007 Joseph Salesky |
Mobile-Phone Banking: Coming to a Bank Near You The mobile phone is moving beyond voice communication and is poised to change the landscape with mobile banking. |
Bank Systems & Technology February 18, 2009 Ashfield & Shroyer |
Security Management: An Ongoing Challenge for Banks Banks face a difficult challenge in the area of security management. |
Bank Technology News November 2007 Glen Fest |
Online Authentication: Multifactor Race Nears Finish Line Nearly a year after half of all U.S. institutions missed the deadline to adopt stricter FFIEC guidelines for online authentication, analysts say that banks have finally, and almost universally, put their multifactor and other risk-mitigation layers in place. |
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 March 30, 2007 |
New Products S1 Launches Trade Finance Solution... WKFS Integrates Compliance Solutions... Enterprise Payments & Fraud Management... |
Bank Technology News December 2008 Glen Fest |
The Paradoxes Of Mobile Adoption A new Javelin Strategy & Research report reveals layers of paradox involving mobile banking security. |
National Real Estate Investor July 1, 2006 David Cardwell |
Electronic Payments Accelerate Cash Flow Adept property managers are encouraging the use of electronic payments and customizing options to meet residents' needs. Electronic payments help close new business faster, accelerate the availability of funds, reduce delinquencies, and enhance security. |
Wall Street & Technology March 20, 2006 Greg MacSweeney |
The Educated Consumer To formalize any industrywide security response likely would be useless, as cyber criminals will continue to find new ways to steal financial data. For now, it seems, the banking industry's best line of defense is the education of the financial customer. |
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 October 2009 James Van Dyke |
Consumers Do Want to Be Partners in Security While many bankers and technology professionals profess a belief that individuals can't be motivated to protect themselves, new Javelin research shows that more than eight in 10 online bankers view security as a shared responsibility. |
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. |
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 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. |
Bank Technology News April 2006 Glen Fest |
Fraud Prevention: Engaging More Than The Enemy Banks could improve anti-fraud measures if they provided tools that draft customers into the battle. But it's not that simple for an industry still rife with soft spots. |
Bank Systems & Technology November 23, 2007 Elliott C. McEntee |
Mobile, Risk Management Among 2008 Payments Trends The year ahead brings with it opportunities for leadership and innovation as the financial services sector focuses on meeting the evolving needs of a consumer and business base that is plugged in, mobile and has high expectations. |
Bank Technology News August 2009 Craig Priess |
On the Backs Of Mules: An ACH Fraud Scheme Banks of all sizes should consider additional fraud prevention strategies to counter today's evolving threats. |
BusinessWeek March 28, 2005 Dean Foust |
Forget Those Comfy Old Rules About Fraud Banks still absolve consumers of any losses from the fraudulent use of credit cards -- even months later. Most also now waive even that modest $50 payment. That's not the case for business cards, though. |
Bank Director 2nd Quarter 2010 Chris Costanzo |
10 Top Technologies for Banking A roundup of the freshest ideas that are changing the technological face of financial services. |
InternetNews January 18, 2006 Clint Boulton |
E*Trade to Cover Fraud Victims E*Trade Financial Corp. is reaching out to customers who may be leery of online banking and investing, promising them full coverage in the event their personal information is used for 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. |
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 Technology News March 2001 Maria Bruno |
IDshield Promises Authentication With a Twist -- Hardware Help Those in the market for a new system to secure their Web operations face a dilemma--how to authenticate without intruding upon the customer's privacy. Kenneth Bob, chief executive officer of Uniondale, NY-based Safewww Inc., thinks it's a no-brainer... |
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. |