A study of 17 major banks by the University of New Haven Cyber Forensic Research and Education Group shows that six of them have weak password handling and that their password procedures are weaker than most social websites.
Formed in 1936, Nationwide’s corporate security department has had the same mission since its inception: “To help our company do business safely by filling a safety consultative role with the business leaders,” says Jay Beighley, Associate Vice President of Corporate Security.
Citigroup Inc. is testing new technology that would allow customers to withdraw money with an eyeball scan or a code on a smartphone instead of a card swipe.
First Tech Federal Credit Union announced a pilot program with MasterCard that will enable First Tech employees to authenticate and verify transactions using facial recognition and fingerprint biometrics.
So you want to rob a bank; not saying you should, but... the “best” day is Friday, and the best time is between 9 and 11 a.m. So set your cellphone to an early wake-up call. Concentrate on a branch in a commercial section of the city. Go up to the teller counter and say your threat or hand over a note. Avoid an act of violence; only three percent of incidents of robbery, burglaries and larcenies resulted in violence in 2014. By the way, vastly more perpetrators are killed in a bank robbery compared to customers or employees.
Consumers want more digital capabilities from their commercial banks – 70 percent of commercial banking customers use online or mobile banking each week, but they are looking for more.
Because of the sensitive nature of the assets and information they maintain for customers, ensuring a highly secure environment is mission-critical for banks and other financial institutions.
Every month, the payment of pension checks to public retirees, one of Banco Supervielle’s most important customer segments, was a complex and tedious process because the recipients had to endure an extensive authentication process with various documents and certificates.
