Posts Tagged ‘banking’

banking posts
Is online banking as safe as people think?

Is online banking as safe as people think?

More US adults bank online than use social networks (for now, at least). It has become such a common activity that despite the risks of identity theft, hacking, and phishing, most of us are still convinced that the transactions are secure. For the most part, they are. For the most part. The banking community and security firms have the vast majority of people convinced that there is nothing to be concerned about with online banking. Only 14% are concerned about people hacking into their accounts. In the graphic below by ZoneAlarm, we take a look at some of the real and imagined concerns surrounding…

Upgrading to real-time banking technology is a very bad idea

Upgrading to real-time banking technology is a very bad idea

There are dozens of reasons why upgrading the current systems used by banking institutions is a great idea. With many systems having been built in the last century, the technology exists today to make things cleaner, more streamlined, and better overall. The one aspect of 2011 technology that does not belong in banking is real-time processing. The reason – security. Word is spreading about plans by 5 of the top 20 major banking institutions to move to more advanced real-time systems that will allow them to generate more revenue. On the surface, it seems like a win-win situation. People want their…

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