Earlier this month The Economist magazine hosted a lively debate on its site about the future of branch banking. Brett King, author of Bank 2.0, argued that bank branches are obsolete. He wrote: “Just like the publishing and media industries, a place is simply no longer a vital, necessary component of day-to-day banking. Bankers wouldRead More

In July 2011, the Federal Financial Institutions Examination Council (FFIEC) published a supplement to its 2005 guidelines, “Authentication in an Internet Banking Environment.” The supplement, which is available here, notes that Internet fraud has become more sophisticated in recent years: “Since 2005, there have been significant changes in the threat landscape. Fraudsters have continued toRead More