Operating in more than 4,000 buildings, one of the largest U.S. banks could not keep up with the onboarding and off-boarding of 300,000-plus employees, contractors, vendors and visitors.
While retailers have been incorporating video analytics into their daily operations for decades, financial institutions have lagged well behind the technology curve.
Bank of America will start using an additional layer of authentication for online banking.
If your bank, credit union or non-bank organization operates ATMs in remote locations, such as convenience stores or shopping malls, a bank heist that occurred in Japan last year probably caught your attention.
Many financial institutions are looking to biometrics to enhance customer trust and convenience, and for securing the bank enterprise and facilities.
Chipotle has released a nationwide list of stores that were targeted in the security breach between March and April of 2017.
The predicted increase in online fraud in the U.S. has arrived with the adoption of chip card technology.
Fraud prevention, it’s time to get better acquainted with your security team. You may see them in the hallways, have a coffee with them in the breakroom, and possibly join them on the dance floor at your annual holiday party.
Tuscaloosa police confirm a hostage situation at Alabama Credit Union.
Several Indian banks have issued an advisory to customers asking them to change their security codes or switch cards altogether.
A payment technology company found a security hole in the EMV chips found on credit cards.
Europe unveiled its new ultra-secure €50 banknote.
Records show that the Federal Reserve has suffered through over 50 cybersecurity breaches in less than four years.
Visa is working on a solution to trim seconds off the time it takes to purchase something using the new chip-enabled credit cards.
While banks have been in compliance with the new standardized EMV chip in debit and credit cards, retailers and consumers just don’t care.
Here’s six ways that banks and credit unions are using intelligent video surveillance systems to improve fraud defenses.
MasterCard announced new security measures for mobile smartphones and tablets.
Bank robbers aren’t the only ones that will demand cash from your accounts.
The chain is investigating possible fraudulent charges to customers’ credit and debit cards.
All in all, cyberattacks will continue to menace financial institutions in 2016.