With banks digging deep in their pockets for additional smart phone banking funds, here are five takeaways on consumer mobile banking demands.
Identity and Fraud Focus
According to a recent study there was a increase of more than 500,000 fraud victims to 13.1 million people in 2013, the second highest number since the study began. Analytics that separate the real person from the fraudster using someone else’s name help provide maximum protection against identity theft. Our sources of credit, collections, and other private [Read More…]
January 1, 2015 is an important date for the Affordable Care Act. This is not only when large employers must begin providing healthcare coverage to eligible employees, but it’s also when organizations must start tracking all the necessary data to fulfill section 6055 and 6056 reporting requirements. While many employers believe they do not have [Read More…]
Prior to the burst of social media sharing, little known facts about our lives were widely used for authentication before we were permitted access to sensitive information. For example, if someone called a retail bank to check a balance or question a DDA fee, she would provide identifying information for herself and her account, and [Read More…]