financial institution

March 13, 2020

Banks Ready Disaster Plan in Wake of Coronavirus

Large US banks have begun testing crisis measures in case of a broader coronavirus outbreak that prevents staff from going to work, according to banking sources.  […]
November 13, 2018

Lenders See Higher Cost of Fraud in 2018

The cost of fraud has increased in 2018 as the rise of digital lending brings unique fraud prevention challenges, according to the “True Cost of Fraud” […]
September 21, 2018

Banks Need to Regain Public Trust

Banks have seen their reputation with the public tumble since the financial crisis.  A recent poll published by the American Enterprise Institute sheds some light on […]
July 26, 2016

Banks Design Apps for Non-Customers

A couple of financial institutions have recently created mobile apps available to anyone as a way of engaging with people through their phones. The institutions are […]
June 30, 2016

Most Consumers Will Take Business Elsewhere if Hacked

A recent study commissioned by Centrify found that 66% of adults in the U.S. are at least somewhat likely to stop doing business with a company […]
June 29, 2016

Bank Reputation: Regionals Score Tops; Big Banks Improve

The reputation of the banking industry as a whole nudged up to 67.1 on a 100-point scale, helped by an improving economy. The score is just […]
November 13, 2014

The Rebirth of Big Banks

It’s been nearly six years since the bankruptcy of financial giant Lehman Brothers, an event that triggered a chain reaction of Chapter 11 filings from some […]
June 17, 2014

Mobile Check Deposit May Carry High Fraud Risk

For consumers, snapping a smartphone photo of a paper check is a fast and convenient way to make a deposit. But it’s also a common way […]
March 18, 2014

Visa & MasterCard Announce Payment Security Working Group

MasterCard and Visa have announced the formation of a new cross-industry group focused on enhancing payment system security to keep pace with the expectations of consumers, […]