Investments in mobile offers and channel integration will not be mutually exclusive in 2011, says Jim Pitts. Mobile will actually bring more channels together.
This week's top news and views: The FFIEC is expected to issue new security guidance that revisits online banking and strong authentication, and IronKey's Dave Jevans says the industry should fight online fraud, rather than focusing narrowly on ACH.
The Federal Financial Institutions Examination Council is expected to issue new security guidance that revisits online banking and strong authentication, according to industry experts who have been involved in recent meetings with the FFIEC.
Mobile and online P2P services offer banks and credit unions a competitive edge, and a new Aite report proves internal fraud is more damaging than most banks realize.
Philip Andreae was there when EMV was born, and he plans to see the EMV evolution through, until it becomes a global standard embraced throughout the world.
Mobile banking and social networks are expected to pose new security threats in the payments space; and one small-business advocate says it's time for regulatory reform to solve the corporate account takeover problem.
Cyber criminals typically will move on to a target that is much less secure but those behind advanced persistent threats will spend months if not years trying to penetrate an IT system until they succeed, says Dmitri Alperovitch, McAfee Labs threat research vice president.
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