Bank Technology News

Mobile Insecurity: Reality or Just hype?

The increasing functionality and numbers of mobile banking platforms, the growing sophistication of criminals, and the popularity of smart cell phones create the potential for mobile banking security issues, but industry watchers have widely divergent opinions about how serious the threat really is. Smart phones in particular-devices which can surf the Internet and run applications, …

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GDS Link

These are times that try bank balance sheets – and test their credit scoring abilities. But adapting to new economic realities can be difficult if the scoring formulas are hard-wired into a legacy database system. To make it easier, faster and cheaper to create custom scorecards, Dallas-based GDS Link, LLC has come out with DataView360, …

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Bit9

Is it time to get out of the anti-virus arms race? If new security vendor Bit9, Inc. gets its way, banks may soon be able to eliminate virus scans altogether. Instead of trying to track every new virus and piece of malicious codes that appears, the Waltham, MA-based security vendor allows only the good software …

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All A Twitter Over Twitter

New channels of electronic communication have been a boon to many industries, opening up sales and marketing opportunities, helping improve customer service and speeding up innovation and collaboration. For Wall Street, however, the benefits of technology such as Twitter have to be weighed against the compliance pains. Twitter, launched by San Francisco-based Obvious in late …

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