Tag: Banking

Why should a small town be worried about its banking…

Did you hear about the unfortunate heist in Eliot, ME in the US, earlier this month? As reported by blogger-turned-detective @briankrebs, computer crooks in Eastern Europe stole $28,000 from the New England town of Eliot in Maine. Brian Krebs alerted the town controller to the possibility that its accounts were being emptied as money was […]

Why use secure eBanking devices?

Using secure eBanking devices reduces online fraud because a hacker cannot access (or take) money from your online banking accounts using only your stolen login information. The hacker would also need the device, a smart bankcard and reader or a secure USB token. Still not convinced you should use secure eBanking devices? Read on!

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?

NFC – What’s the view on the street?

It’s official. NFC is here; but how many people know it? We commissioned Opinion Matters to carry out research that highlights the need for consumer education on NFC – or to put it correctly: Near Field Communication, as only 32% of consumers know what NFC actually stands for, while one third of respondents worry about using a mobile wallet for security reasons.