At least two banking institutions have posted messages on their websites, alerting members to be wary of a bogus application distributed on mobile phone platforms.
Many financial institutions today are incorporating mobile banking and financial services as consumers increasingly turn to their mobile devices to conduct everyday tasks. Despite the convenience of doing business this way, the majority of consumers are reluctant to try mobile banking because of perceived security...
Know what scares security expert John Pescatore the most? The image of a remote employee sitting a home office or public setting, plugging into an unsecured network, accessing critical data via a personal laptop or PDA.
Organizations have never had so many security risks in so many remote locations, says Pescatore,...
Advice for those banking institutions still weighing whether to get into the mobile game: Do it. Now.
There are new customers and deposits to gain via mobile, say industry observers. And an added bonus: Mobile customers can prove more profitable than traditional bank customers. These are just two of the trends...
How strongly do consumers embrace electronic bill payments, and do they really want mobile banking as much as industry analysts say they do?
These were the questions on Dennis Simmons' mind when his trade organization, SWACHA, the electronics payments resource, launched a recent survey on consumer usage of...
How strongly do consumers embrace electronic bill payments, and do they really want mobile banking as much as industry analysts say they do?
These were the questions on Dennis Simmons' mind when his trade organization, SWACHA, the electronics payments resource, launched a recent survey on consumer usage of...
Bank of America was one of the first institutions to move toward mobile banking in a big way. Two years into the initiative, Doug Brown, SVPO of Mobile Product Development, discusses:
Mobile trends at BoA;
Security hurdles the institution has faced;
Advice for other institutions now getting into mobile banking.
According to the 2009 Banking Information Security Today survey, banking institutions - despite the economy - are investing in new banking services, i.e. mobile banking and remote capture.
To gain further insight into spending trends, we spoke with Christine Barry, research director with Aite Group, on:
Mobile...
Doug Brown Discusses Mobile Strategy, New Products, Biometric Security
Bank of America was one of the first institutions to move toward mobile banking in a big way. Two years into the initiative, Doug Brown, SVPO of Mobile Product Development, discusses:
Mobile trends at BoA;
Security hurdles the institution...
According to the 2009 Banking Information Security Today survey, banking institutions - despite the economy - are investing in new banking services, i.e. mobile banking and remote capture.
To gain further insight into spending trends, we spoke with Christine Barry, research director with Aite Group, on:
Mobile...
This published report, valued at $1750, can be downloaded for free compliments of VeriSign Messaging and Mobile Media.
TowerGroup Take-Aways
Adoption of mobile banking in the United States is increasing because a growing number of banks are offering mobile banking and the popularity of smart phones is...
The number of identity fraud victims has increased 22 percent in the U.S., costing 9.9 million victims a total of $48 billion in 2008.
This is the news from the fifth annual Identity Fraud Survey Report from Javelin Strategy & Research. In an exclusive interview, James Van Dyke, Javelin founder and President,...
Looking ahead to 2009, banking/security guru Steve Katz quotes the ancient proverb: "May you live in interesting times."
With a new administration, new banking landscape and regulatory changes expected, we live in interesting times, indeed.
What better time to be discussing identity theft?
It's Cyber Monday today - the day designated as the official start of the online holiday shopping season - and if we've learned anything in recent weeks, it's that tough economic times heighten the risk of crimes such as identity theft. So, now is a great time to...
The annual BAI Retail Delivery Conference & Expo was held in Orlando, Fl in late November, focusing on innovative strategies and technologies.
Nick Burke, Director of Sales for Information Security Media Group (ISMG), publisher of BankInfoSecurity.com and CUinfoSecurity.com, attended the event, meeting with many of...
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