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Bank Technology News
January 2009
Rebecca Sausner
Banks Beef Up The Locks Many U.S. banks are now taking another look at their online authentication technology, and increasingly adding layers that involve out-of-band techniques and stronger fraud-detection engines. mark for My Articles similar articles
Bank Technology News
May 2009
Rebecca Sausner
Phone Fraud Advances Biometrics Fighting external fraud has become like whack-a-mole; with the online channel increasingly secure, organized crime has taken to exploiting the weaknesses in the call center mark for My Articles similar articles
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? mark for My Articles similar articles
CRM
June 2015
Leonard Klie
In Data Security, It's a Numbers Game Requiring multifactor authentication makes it harder for hackers to access information mark for My Articles similar articles
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. mark for My Articles similar articles
Bank Technology News
March 2007
Holly Sraeel
Protecting Data Online Is a Top Priority for Consumers Today, consumers recognize that fraud is no laughing matter. According to a study, 41% of respondents would decrease their use of online banking or switch institutions in the wake of a data breach. mark for My Articles similar articles
Bank Technology News
May 2010
John Adams
Out of Band Finds Its Voice Against Hackers Institutions are ready to embrace new protections that take advantage of SMS, voice biometrics or secure browsers to further authenticate users and transactions. mark for My Articles similar articles
InternetNews
February 16, 2007
Clint Boulton
Jonathan Fisher, CEO, Bharosa Security vendor Bharosa looks to protect corporate data with multifactor authentication and fraud detection. mark for My Articles similar articles
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. mark for My Articles similar articles
Bank Technology News
November 2008
Rebecca Sausner
New Methods to Bust Transaction-Level Fraud A 40 percent increase in the amount of ATM and debit fraud detected could probably pay for the technology investment behind it pretty quickly, given that debit fraud in the U.S. is a $1 billion -- and growing -- problem, with few solutions. mark for My Articles similar articles
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. mark for My Articles similar articles
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. mark for My Articles similar articles
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. mark for My Articles similar articles
Bank Technology News
June 2004
Karen Krebsbach
Firms Flirt with Out-of-Band Authentication Banks weigh whether this cumbersome technology is worth the bother for consumers, particularly for on-line banking. mark for My Articles similar articles
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. mark for My Articles similar articles
Bank Director
4th Quarter 2010
Chris Costanzo
Don't Compromise Your Card Business Third parties can create a panoply of security challenges for card-issuing banks and the stakes today are higher than ever. mark for My Articles similar articles
InternetNews
February 13, 2006
Sean Michael Kerner
VeriSign's VIP Protects Sign-On IDs VeriSign Identity Protection, announced today, will offer users the promise of a single security device that will enable authentication on VIP-enabled Web sites. mark for My Articles similar articles
Bank Systems & Technology
September 30, 2006
Maria Bruno-Britz
Zions, ING Pick RSA Risk-Based Authentication Solution Security solutions provider RSA saw its Adaptive Authentication solution implemented at Salt Lake City-based Zions Bank and ING Direct for the banks' online retail banking customers. mark for My Articles similar articles
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. mark for My Articles similar articles
InternetNews
March 2, 2005
Sean Michael Kerner
ETrade Adopts RSA Authentication ETrade customers now have the option of protecting their accounts with two-factor security from RSA. mark for My Articles similar articles
Bank Systems & Technology
November 26, 2007
Maria Bruno-Britz
Javelin Finds More Banks Using Multi-factor Authentication With the FFIEC deadline for implementing multifactor authentication now but a memory, banks have improved their efforts to secure customers' information, according to a study. However, there is more banks can do. mark for My Articles similar articles
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. mark for My Articles similar articles
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. mark for My Articles similar articles
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? mark for My Articles similar articles
Bank Systems & Technology
February 22, 2007
Michael Singer
To Keep Consumer Trust, Try Tokens and Smart Cards Banks and other financial institutions should adopt stronger authentication measures, such as security tokens and smart cards, if they want to increase customer satisfaction with Internet banking, according to a panel of industry analysts. mark for My Articles similar articles
Bank Systems & Technology
May 26, 2010
Matt Gunn
Fiserv, PhoneFactor Partner For Phone-Based Multi-Factor Authentication Authentication services provider PhoneFactor and Fiserv announced a partnership that makes phone-based multi-factor authentication available through Fiserv's Corillian Online banking solution. mark for My Articles similar articles
InternetNews
December 1, 2008
Richard Adhikari
PayPal Rings Up Two-Factor Security PayPal customers can now use their cell phones to authenticate their transactions through a new service that lets customers use SMS messaging to get a randomly-generated access code to log into their accounts. mark for My Articles similar articles
Wall Street & Technology
November 21, 2006
Ready for FFIEC A new report from Boston-based Aite Group shows that the financial services industry is geared up for the Federal Financial Institutions Examination Council's end-of-year deadline for outlining a plan for stronger online authentication. mark for My Articles similar articles
InternetNews
September 21, 2004
Ryan Naraine
RSA, VeriSign Take Two-Factor Authentication Onstage Two-factor authentication technology vendors RSA Security and VeriSign took center stage on Tuesday with separate announcements trumping the value of adding another security layer to the existing username/password scheme. mark for My Articles similar articles
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. mark for My Articles similar articles
Bank Technology News
December 2010
Rebecca Sausner
ID Firms Put Lawyers On Speed Dial Will StrikeForce Technologies become the next Data Treasury filing suits against the industry's biggest banks and authentication vendors that it says are trampling all over its soon-to-be-issued patent on out-of-band authentication techniques? mark for My Articles similar articles
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. mark for My Articles similar articles
Bank Technology News
August 2006
Glen Fest
Choosing Authentication Solutions: Vetting Vendors, Soothing Customers Banks face tough choices today in building anti-fraud resiliency, from selecting providers to meeting user preferences. Will they be happy with those choices tomorrow? mark for My Articles similar articles
Bank Technology News
August 2006
John Adams
Authentication: Managers Of ID, Fraud Are Red Hot EMC's purchase of RSA was just the start. It was quickly followed by Entrust's acquisition of Business Signatures. Expect others. mark for My Articles similar articles
InternetNews
July 7, 2009
Alex Goldman
Is Your Social Security Number Predictable? Researchers at Carnegie Mellon University say that policy makers must consider ending the use of the social security number as a national ID. mark for My Articles similar articles
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. mark for My Articles similar articles
InternetNews
August 18, 2005
Tim Gray
Consumers' Online Security Concerns Rising A new study suggests that authentication technologies may help regain online users' trust. mark for My Articles similar articles
InternetNews
April 7, 2008
Sean Michael Kerner
The Annual Pitch For Two-Factor Security VeriSign keeps the faith on pitching two-factor authentication with new features, partners this year. mark for My Articles similar articles
Bank Systems & Technology
July 23, 2010
Penny Crosman
KeyCorp Building Analytic Tools to Prevent Fraud The company is starting a two-year project to create analytics that will find and address fraud in real time, before transactions are completed. mark for My Articles similar articles
Bank Technology News
November 2009
Rebecca Sausner
AML and Fraud Get Together Experts discuss trends in fraud and AML reporting, technology and regulation. mark for My Articles similar articles
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. mark for My Articles similar articles
Wall Street & Technology
March 18, 2008
Cory Levine
Identity Fraud on the Decline Despite the hype, identity fraud is on the decline, according to a new survey. But as fraudsters return to traditional channels, such as phone lines, to steal the trusting public's personal information, few financial institutions have implemented multifactor authentication for telephone banking. mark for My Articles similar articles
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). mark for My Articles similar articles
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? mark for My Articles similar articles
InternetNews
October 24, 2005
Tim Gray
Companies Bid for Authentication Compliance Work Financial institutions are getting started on security compliance regulations. mark for My Articles similar articles
InternetNews
March 18, 2005
Erin Joyce
Bruce Schneier, CTO, Counterpane Internet Security An interview covering the weakness of 2-factor authentication on the Internet, managed security services, software insecurity, and advice for lawmakers. mark for My Articles similar articles
Bank Technology News
September 2008
Anthony Malakian
Budgets Inch Up The top priorities for bank security spending are fraud detection for money transfers and an AML system, followed by fraud detection for online banking. mark for My Articles similar articles
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. mark for My Articles similar articles
Wall Street & Technology
April 27, 2005
Jim Middlemiss
CIO Challenge: Two-Factor Authentication The rising incidence of account hijacking and identity theft has created a challenge for financial organizations that want to secure their data, but still allow clients and staff to conduct transactions online. Two-factor authentication may provide a solution. mark for My Articles similar articles
Bank Systems & Technology
November 1, 2006
Maria Bruno-Britz
Bharosa Introduces Fraud Fighting Network Antifraud and authentication solutions provider Bharosa introduced the Bharosa Fraud Intelligence Network, an industry cooperative fraud detection network designed to help members attack fraud more proactively. mark for My Articles similar articles