Banking Security news and trends

PenFed’s Playbook On Helping Government Workers Survive Shutdowns
Credit Unions // March 06, 2019

From cannabis legalization to the federal shutdown, government actions are reshaping financial circumstances for consumers and businesses alike. In the March “Credit Union Tracker™,” PYMNTS explores how credit unions (CUs) and credit union service organizations (CUSOs) are working to cater to the unique financial needs of their...

Fed’s Brainard Says Banks Play Key Role In Holding FinTechs Accountable
Regulation // November 17, 2017

Lael Brainard, a member of the Federal Reserve’s Board of Governors, thinks that traditional lenders need to demand that online financial companies protect consumer privacy and money interests, according to a Reuters news report. “Banks have considerable influence,” Brainard said in prepared remarks at a...

Facing Reality: Solving For Safe Sales
Security & Fraud // January 25, 2017

When it comes to choosing a bank, for consumers, it’s increasingly about the app. It’s then up to the bank to ensure the app is safe. For the January Digital Identity Tracker™ cover story, PYMNTS spoke with Don Bergal, CMO at financial tech firm Avoka,...

Digital Identity Tracker: Why Banks Farm Out Mobile Security
Security & Fraud // January 24, 2017

When it comes to choosing a bank, for consumers it’s increasingly about the app. It’s then up to the bank to ensure the app is safe. For the January Digital Identity Tracker™ cover story, PYMNTS spoke with Don Bergal, CMO at financial tech firm Avoka...

Quick Reads
Mastercard and BOK Financial Expand Payments Partnership

January 30, 2024
Mastercard has launched an expanded payments partnership with Oklahoma’s BOK Financial. The collaboration, announced Tuesday (Jan. 30), makes Mastercard the exclusive payments network for BOK’s debit and commercial portfolios, and expands the company’s relationship with BOK’s TransFund processing businesses. “Both companies will build an innovative, inclusive, and sustainable future in banking, grounded in the shared values of advancing the communities they […]

Fed’s Brainard Says Banks Play Key Role In Holding FinTechs Accountable

November 17, 2017
Lael Brainard, a member of the Federal Reserve’s Board of Governors, thinks that traditional lenders need to demand that online financial companies protect consumer privacy and money interests, according to...

Lawsky Pressures Banks To Adopt Multifactor Authentication

June 03, 2016
“We live in a world where each day we are surprised by something new when it comes to the sophistication and the capabilities of hackers,” Benjamin Lawsky, banking and cybersecurity...

Biz Banking Security Worthy Of A James Bond Film

October 27, 2015
Corporate banking clients of Wells Fargo will have access to security measures worthy of a James Bond film. Reports on Monday (Oct. 26) said the financial institution demonstrated a new...