Because of the risk of mag stripes being read and copied, Spain will begin replacing existing credit cards with fingerprint biometrics cards in 2024.

BayPort Credit Union adds a new position to its executive team announcing the promotion of Dan Elston to Vice President of Risk Management.

A new biometric payment system will be rolled out by J.P. Morgan including palm and face identification for payment authentication in-store. 

Lookout Threat Labs researchers have discovered a distribution of the Anubis Android banking malware that is masquerading as the official account management application from Orange S.A., a leading French telecommunications company. 

Trusted Computing Group (TCG) announced its commitment to strengthening the financial services industry against attack, as worldwide banking institution, Goldman Sachs, joins TCG in the fight for cybersecurity.

In new research from HelpSystems interviewing chief security officers in financial institutions about the security challenges they face, more than a third (35%) of survey respondents cite insider threats as one with potential to cause the most damage in the next 12 months.

Digital banking provides faster processing of financial transactions, more convenience, and a model that allows for the continuation of a financial industry even in the face of a pandemic. However, digital banking makes banks vulnerable to cyberattacks. Banks are now facing fresh security challenges that were brought on or affected by COVID-19. Here is what you need to know about them and how to protect yourself.