Tag: Bank fraud

Power to the bank customer

The Credit Union National Association recently reported that, in the month of October alone, more than 650,000 customers joined credit unions – which is roughly equal to all of the customers that moved in 2010 combined. Is this the return of the thrift bank?

How your wallet (and your bank) are going mobile

Mobile banking is a high priority for financial services organizations especially with the arrival of the Internet generation. Mobile services are now moving away from a stripped down version of the banks’ web sites but towards an app-based approach. What does this mean for banks and what will be the impact of the arrival of NFC?

It’s good to talk: communication is key to tackling cybercrime

Recently, @briankrebs highlighted a Trojan attack which showed quite how sophisticated some cyber attacks are now becoming. The case in question is being investigated by German police, and involves a new piece of malware which convinces online banking customers to willingly transfer their own money into the accounts of criminals. This particular case shows that, sometimes, even a layered […]