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A security vendor is trying to sell transaction monitoring services directly to consumers, a technology that until now has been offered primarily to banks.
August 12 -
Hackers in several financial services industry data breaches targeted customer-contact information that is often thought of as less sensitive. But crooks can use that data and other bits of stolen info to do great harm.
February 10
Veteran retail banking executive Deanna Oppenheimer has joined the mobile identity-authentication vendor Finsphere as a strategic adviser.
Finsphere has developed a geolocation analytics engine that helps financial services companies provide stronger authentication, to help prevent accounts from being compromised. Oppenheimer will help Finsphere sell its wares because she has "extensive experience in financial services," said Michael Buhrmann, co-founder, chairman and chief executive of the Bellevue, Wash., company in a press release Wednesday.
"Finsphere has benefitted from Deanna's counsel for several years and we're happy to take our relationship to a higher level," Buhrmann said.
Oppenheimer worked at Washington Mutual from 2000 to 2005 as the president of consumer banking. She helped transform the Seattle thrift into a national retail-banking player with a distinctive, open branch design. (Washington Mutual, which was also an aggressive mortgage lender during the housing boom, failed in 2008 and was taken over by JPMorgan Chase & Co.)
Oppenheimer became the chief executive of U.K. retail banking operations at Barclays in 2005. She worked at the London-based Barclays holding titles such as vice chair of global retail banking and chief executive of U.K. and European global retail banking, for seven years
Oppenheimer was named American Banker Magazine's
