Trials of T-Mobile's new banking services show appeal to pre-paid, post-paid consumers.
Recent reports allege substantial security flaws, especially in credit union apps. Developers disagree with the reports and say their apps are safe.
One technology executive predicts mobile banking users will soon eclipse online banking users.
Credit unions that informed members and replaced cards early are reporting few to no losses.
Tech exec predicts mobile banking users will soon eclipse online banking users.
The safety of cloud data storage one potential threat, large credit union executive says.
The breach, which reportedly involved the theft of mag stripe data, will have a significant impact on credit unions and members.
Before 2013, Distributed Denial of Service attacks seemed to many credit union executives as something the other guys worried about. The prevailing attitude was: We’re not on anyone’s radar. We aren’t on anyone’s enemies list. Why worry?
Call 2013 the breakthrough year where, suddenly, a mobile banking feature leaped into must- have status, as another feature – once much hyped – continued to fail to win significant adoption.
As EMV heads to U.S., some predict skimming frenzy while the fraud lasts.