Security articles

Protect your bank from remote deposit capture risks

Protect your bank from remote deposit capture risks

Despite the newest bells and whistles of today’s banking industry, checks remain a common part of the customer experience, and remote deposit capture (RDC) has followed. What risk management strategies should banks consider when offering this convenient service? By Colleen Morrison According to the most recent Federal Reserve Payments Study, there were 19.4 billion checks […]

How your bank can fight fraudsters with biometrics

Today’s fraudsters are able to bypass traditional contact center security procedures, so what can banks do to beef up cybersecurity? Biometric authentication, which relies on customers themselves through voice, facial or fingerprint recognition, is one of the tools companies are using to keep customer data secure.

What does new BSA/AML guidance mean for innovation?

New BSA and AML guidance from Congress and federal regulators pushes for innovation. By Colleen Morrison When Congress and regulators deliver consistent input on a financial services topic, it sends a clear signal to community banks: Pay attention. Such is the case with recent activity in Bank Secrecy Act (BSA) and anti-money laundering (AML) compliance. In […]

Can we predict card fraud before it happens?

Machine learning technology is advancing to the point that some card issuers and processors are using it to predict where fraud is happening and where it will emerge. Though still in its early days, community banks are looking at how they might implement this technology.

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