When it comes to fintech, there is no shortage of big bets on which new technologies will come to fruition and the levels of mass adoption. From talk of plastic cards going away to the end of cash, everyone is eager to anticipate the next big trend. But change takes time. Fintech is an exciting…
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In the blink of an eye, consumers have evolved from being wary of mobile banking to casually quizzing robots in their home about their spending habits. Innovation in banking will continue at its rapid pace in 2018 as more of every bank’s budget is earmarked toward technological development, said Mitch Siegel, financial services strategy leader…
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The Independent Community Bankers of America has filed a lawsuit against Equifax in hopes of compensating small banks for a recent data breach that potentially affected more than 140 million people. The ICBA, which filed its lawsuit in U.S. District Court for the Northern District of Georgia, said in a press release that it wants…
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After Farmers & Merchants State Bank switched its internet domain from dot-com to dot-bank, the Archbold, Ohio-based bank received a handful of calls from customers wondering where its website had gone. The $1 billion-asset bank also noted some assumed when a sentence ended “.bank.” in its promotional materials, the last period was part of the…
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Mastercard’s enhanced security strategy is getting a personnel boost through the addition of CIA veteran Jeanne Tisinger as a senior adviser for cybersecurity. In her new position Tisinger will help Mastercard implement and expand its security strategy and public policy initiatives, the company said Friday. “People shouldn’t have to choose between convenience and security,” Ajay…
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