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Tag Archives: security

Lessons in Core Technology, Integration, and Customer Security from the NAFCU Technology and Security Conference

Presentations at this year’s NAFCU Technology and Security Conference focused on a few key themes, which we came to imagine as layers making up a credit union’s IT environment, starting with a core system at the center, moving out to integrations with various other systems such as identity verification and account-screening services, and eventually reaching that all-important community, customers.

Are Bank Branches Obsolete?

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 would […]

Meeting FFIEC Regulations while Improving Customer Experience

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 to […]