Risk Management Guidance on Third-Party Relationships March 07, 2014What banks need to know to meet compliance with the OCC's requirements for vendor due diligence. Why Bitcoin Won’t Die March 07, 2014Despite the headlines following Mt. Gox, Bitcoin is stronger and more resilient than it appears. Taking the Next Step in KYC and AML Compliance March 06, 2014Regulators are demanding more and more from banks’ KYC and AML monitoring, making it increasingly necessary for the industry to collaborate on this costly area of regulation. Major Banks Sign Up for SWIFT’s KYC Registry March 05, 2014SWIFT aims to cut complexity and cost in compliance with a new centralized registry for KYC information that will roll out later this year. RBS to Halve its Technology Platforms February 28, 2014The cost-cutting move is part of an overall restructuring at the troubled bank.
How to Craft a Legal Social Media Policy for Employees February 27, 2014Organizations often have to consider a number of competing interests when crafting a legal and compliant social media policy. PNC Launches New Money Management Tool for Small Businesses February 26, 2014The additional features to the Cash Flow Insight tool are designed to help businesses reduce paper.
Smaller Banks Leverage Partners for Big Data Insights February 25, 2014New technology trends are helping smaller banks take advantage of their data with third-party partners. Cyber Security: HSBC Offers Two-Factor Online Authentication February 24, 2014HSBC will begin offering additional online authentication in the wake of increasing attention on security after the retailer data breaches. Cracking the Financial Services Social Media Cipher February 21, 2014How customer communities can help banks address customer service challenges in the age of social media. How New York State Is Looking to Regulate Bitcoin February 21, 2014A New York State regulator emphasized the need to balance preventing money laundering with encouraging innovation in a public Q&A on Reddit yesterday. Mobile Banking Trends For 2014 February 20, 2014Mobile banking will continue to evolve as more nuanced offerings come to the marketplace.
Help Wanted: Need Banker Willing to Deal With Marijuana Business February 18, 2014Last week’s guidance from regulators gives banks little reason to provide services for legal marijuana businesses. BBVA Compass CIO Iniesta Looks to Revolutionize the Customer Experience February 17, 2014Digital transformation and pursuing omnichannel initiatives are big keys for the bank in 2014.
How Single Use Virtual Cards Can Improve Digital Payments Security February 14, 2014Single use virtual cards are one way banks can help customers secure online payments in the wake of the Target breach, but gaining customer adoption remains a challenge. Let's Be Friends: Banking & Merchant Trade Groups Launch Cybersecurity Partnership February 14, 2014After weeks of finger-pointing regarding responsibility for responding to recent card breaches, 13 trade groups say they will cooperate on information sharing and improved card security technology. Leveraging Data and Analytics to Circumvent Legacy Systems Challenges February 13, 2014With new data and analytics solutions banks may be able to improve their product development and speed-to-market, and put off the question of a core replacement indefinitely. Feds Launch Cyber Security Guidelines For US Infrastructure Providers February 13, 2014The White House released the first version of its cyber security framework for protecting critical infrastructure. But critics say these voluntary guidelines enshrine the status quo. Could Banks Hold Back Faster Payments in the U.S.? February 12, 2014The Fed is pushing to implement a faster payments system in the U.S., but will banks getting banks to buy into it will likely be a big challenge. Collaborate or Lose Out: Working Together to Win the Mobile Payments Race February 11, 2014The role of agile development methodologies in the adoption of standards in mobile payments technology.