This week's top news and views: A recent rash of targeted phishing hits military accountholders and their families at USAA and Navy Federal Credit Union, and is malware to blame for last weekend's ATM and online outage?
Mobile banking offers should be about consumer desire and reaching a customer and member base that may have been missed by traditional banking services.
Self-service, enhanced privacy, cloud-based services - these are among the trends that will shape banking over the next decade. What can banking institutions do now to prepare?
Malware is likely to blame for the so-called "computer glitch" that over the weekend took down a handful of the country's largest banks' ATMs and online banking sites.
A recent rash of targeted phishing schemes -- which included hits to military accountholders and their families at USAA and Navy Federal Credit Union, as well as a separate attack on officials at the World Bank -- has again brought the crime to the fore.
A security firm finds that mobile apps often store sensitive financial data, highlighting the industry's need to implement stronger encryption and authentication measures for mobile banking apps.
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