Leveraging Location Tracking for Security and Compliance in RDC March 10, 2014WAUSAU is launching a new service to help banks keep track of where remote check deposits are occurring to help with KYC and AML compliance. Cybersecurity Not Just an IT Problem Anymore March 10, 2014A new report from Deloitte examines the evolving cyber security threat against banks.
Why Bitcoin Won’t Die March 07, 2014Despite the headlines following Mt. Gox, Bitcoin is stronger and more resilient than it appears. Target Seeks New CIO March 06, 2014Data breach last year prompts CIO Beth Jacob to resign; Target will hire interim CIO and chief compliance officer. What's the Matter With Bitcoin Exchanges? March 04, 2014The downfall of Mt. Gox highlights the instability of many virtual currency trading markets.
Cutting Complexity Out of Mobile Payments March 03, 2014The announcement by MasterCard and Visa that they will support Host Card Emulation could set a simpler path for mobile payments innovation and adoption. A Growing Security Risk in IT Automation February 28, 2014The increasing use of automated processes could expose organizations to new forms of malware if proper monitoring and controls aren’t put in place. Mobile Banking: Making Security and Convenience a Package Deal February 28, 2014The key to mobile security success is a multi-layered approach that enables companies to verify who their customers are and what they are authorized to do. 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. clearXchange Adds Capital One to P2P Payments Network February 20, 2014clearXchange gets a boost from adding a new bank, and considers new strategies to attract users. Breaking Down the Impact of the Target Breach February 14, 2014The payments, banking and retail industries are still experiencing the fallout of the major data breach that hit Target last year. We take a look at the numbers behind the breach’s repercussions for banks, hackers and consumers. 3 Reasons Why Data Breaches Should be Combated with Card Instant Issuance February 14, 2014Instant card issuance can help banks quickly react to a data breach, cutting costs and improving customer service. 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. Why Businesses Can’t Ignore US Cybersecurity Framework February 14, 2014Industry leaders and President Obama call the framework just a first step in creating a cybersecurity playbook for 16 US critical infrastructure sectors. But this is more than just a reference manual. 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. U.S. Bank Pilots Voice Biometrics As Secure Way To Access Card Accounts February 12, 2014In an expansion of work on voice recognition that U.S. Bank and Nuance Communications started last year, the technology is being used to eliminate passwords, PINs and security questions. Do You Trust Your Third-Party Vendors? February 07, 2014Banks need to work to build stronger vendor security now. Survey: Most Employees Are Unaware of Their Company’s Data Security Protocols February 06, 2014Lack of awareness among employees about their firms’ security tools and policies is leading to startlingly insecure file sharing behaviors in the workplace. Creating A Strong Foundation for Securing Payment Data With PCI Standards February 05, 2014The challenge of keeping data safe can’t be solved by a single technology, standard, mandate, or regulation. The PCI Security Standards Council is an example of the industry collaboration that is needed today.