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mobile banking
Latest Headlines
Latest Headlines
Time is ripe for biometric security solutions
For all those believers in the NFC-based mobile payment revolution--and there are plenty of true believers right now--security issues cannot be ignored. We noted elsewhere a recent study that found
JPMorgan Chase rushes to open branches; Bank of America does the opposite
Bank of America is in the middle of a 10 percent reduction in the number of bank branches it operates nationwide. Many have applauded the cuts as a sound strategic move in an era of blossoming online and mobile banking.
But JPMorgan is intriguingly taking the opposite approach. According to
Smartphone security update
People have been talking about smartphone security for a while now, and most agree the problems will get worse--quickly. A good indication of this is the recently discovered variant of the Zeus
Bank branches slowly dying out?
The consumer banking shakeout is still unfolding according to Meredith Whitney, star analyst and soon-to-be head of a new credit rating agency. She predicts that U.S. banks will be forced to close 5,000 branches over the next year and a half.
That would amount to about 5 percent of all bank br
Bank of America's new tiered pricing structure
One of the big issues regarding Bank of America (NYSE: BAC ) was how it would offset the $4.3 billion in revenue it expects to lose due to credit and debit card reform. The bank intends to test a new tiered pricing system in a bid to carve out more revenue from customer accounts, reports the
Case study: KeyCorp embraces Actimize to fight fraud
Banks cannot sit back and assume their anti-fraud measures are working ( fraud news). The adversary is constantly gaining in knowledge, in the power of their software and in their ability to target
The end of bank branches?
For the longest time, people have suggested that brick-and-mortar bank branches were becoming obsolete--even as banks opened more bank branches. The term click-and-mortar seemed to be an apt description of the state of the industry.
But in the wake of the news that Bank of America envisio
