How secure is secure enough for online banking? With identity theft on the rise, the answer increasingly is that it’s never enough, which explains the rise of two-factor authentication features. These are typically one-time passwords that are generated and displayed to an offline device, usually a mobile phone or fob. Recently, several banks have […]
In a move sure to set a precedent, Bank of America is the first banking application featured on Apple’s iPhone App directory.
Here’s their intro:
Bank of America Mobile Banking is available to all Online Banking customers. With Mobile Banking you can use your iPhone or iPod touch to easily and securely check your balance, pay your […]
On the heals of launching its Online Business Suite of products, Bank of America has just launched perhaps its biggest push for the hearts and minds of small business owners. The new Small Business Online Community — with the unfortunately long URL http://smallbusinessonlinecommunity.bankofamerica.com/ — is a place for any small business owner to […]
The new HSBC Malta website is not your average redesign. It also introduced a new security procedure with a new login device that you carry with you. If you’ve logged in remotely to most corporate networks, you’re already familiar with the drill. To login, you not only need your regular credentials but the random number […]
M-Com is a New Zealand-based technology company that boasts in “building and deploying the world’s best mobile banking and mobile payment solutions.” And by all accounts, they’ve succeeded. Taking a look at their featured deployment for ANZ bank in New Zealand, the feature set looks head and shoulders above anything else on the market.
For starters, […]
In a move that could set a precedent, HSBC is challenging the safety and security of the standard two-factor system typically employed to access online banking sessions. Instead, it’s introducing an out-of-band solution using the user’s phone line and a PIN generated by the online banking site. An out-of-band solution refers to communication that occurs […]
Bank of America online banking now lets you personalize the transaction information that appears online. Now “Check# 123″ can become “Uncle Joe” and “MACYS WEB PMT DES IPD:000″ can be magically transformed into something short and sweet like “Macy’s”.
Although Quicken has been doing this for some time, this is Bank of America’s first foray into […]
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