Pageonce is starting to get blocked by some owners of personal financial data, Bank Innovation has learned. The problem with personal financial management, or PFM, is that it needs all of a customer’s data to be truly worthwhile. But now holders of some consumer PFM data have begun to prevent Pageonce, which aims to provide...
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In this Bank Innovation podcast, Philip Ryan and Matthew Petrillo discuss the DDoS attacks plaguing banks recently, and what it means for online and mobile banking. Get invited to Bank Innovation 2013 here.
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MoneyDesktop formally released its mobile app, MoneyMobile, today. The app has already won Best in Show at both Finovate Fall 2012 and BAI Retail Delivery 2012. Because of these awards, the fintech sector has been buzzing — some of it positive; some of it not — about the app and its impressive user interface...
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What does Josh Everton, eBanking Manager of Bank of American Fork, see when he looks to 2013? “Our product development team is looking at one thing for 2013: mobile, mobile, mobile. Last year was security, this year will be mobile. “We saw a steady 7% to 10% increase in online banking this year,” Everton...
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Using SMS for authentication is about convenience and getting new services going, but it's not a long term solution.
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A European hacker broke into a U.S. company’s computer network and stole 1,400 credit card numbers, account holders’ names and addresses, and security codes. The hacker, nicknamed Poxxie, sold the stolen credit card data to other cyber criminals through his own website, CVV2s.in, for $3.50 per credit card. The malicious software or virus cyber...
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At 11 a.m. there was maddening rush in my branch. It was peak summer, temperatures were soaring and customers were frustrated with how long the cashier was taking to single-handedly attend to them. Ironically, there was also a kiosk available...
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No business operates without some degree of uncertainty, but how optimistic are firms about their future sales? According to a recent Atlanta Fed survey, the degree of uncertainty can vary widely, and the firms most optimistic about their prospects are...
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There are many ways you can take action to protect yourself and your loved ones from electronic fraud. One way is through the use of an identity theft protection service. For a monthly fee, check out Lifelock on Crunchbase. This company offers round-the-clock protection for your credit and identity. You’ll be notified immediately if...
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Let me begin with a disclaimer. I believe that what I'm about to tell you is true, but have no way of proving it. Apparently, a grocery superstore in the U.K. has become so adept at mining transaction data into...
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