-
Financial institutions need to step up the security they provide for mobile banking, experts on a panel at the Mobile Banking Summit agreed today.
June 5 -
A young company called Bionym is testing a wristband that it says will authenticate online and mobile banking customers through a quick electrocardiogram.
May 29 -
Nebulous security challenge questions like, "Who's the best man in your life?" have got to go.
April 24 -
Frost Bank announced Wednesday a new iOS app that lets its customers login to their accounts with a four-digit code rather than a user name and password.
March 15 -
What's wrong with passwords? Plenty, if you ask almost anyone. The traditional user name and password is old and unsafe. The alternative is "bring your own ID" - voice, fingerprint and facial recognition technology that's emerging from tests into production.
January 1
Capital One (COF) is allowing customers to access its mobile banking app with "pattern passwords" unique patterns traced on the screen of the phone with a finger.
The feature, billed as SureSwipe, is meant to ease the mobile banking authentication process by reducing so-called fat finger errors. The app also remembers the customer's username.
The pattern and the unique hardware identifier for the phone are stored in Capital One's security platform. The functionality is available now for phones that run on Apple's iOS operating system and will be extended to Android users in early 2014, the company said Thursday.
The step is part of a broader trend among banks of
Some, like
Other banks are