Internet banking equals long-term savings, but institutions often take out short-term costs on their customers. Around half of UK financial institutions are yet to join the online throng, according to research commissioned by Bull - although 70 per...
Adding tracking chips to banking brochures and burying RFID sensors within the walls of the branch itself would allow banks to identify which customers are interested in mortgages and enable the bank to target screen advertising accordingly when a...
On the issue of monitoring, Young added: "Consumers seem to feel comfortable with the notion of their financial institution monitoring their online activity and contacting them when something suspicious is detected, just as they have become...
Christopher Young, an RSA vice president, said in the statement: "As we are strengthening security for the web channel, phone banking is effectively becoming the next big target. RSA's security products for the web are used by 35 of the top 100 US...
Asaf Buchner, an analyst at Jupiter, said the buzz around mobile banking is fuelled by financial institutions' desire to expand their customer relationships via mobile phones rather than consumer demand.
The survey for May showed, while the number of phishing attacks is on the increase, the number of institutions being targeted has decreased, indicating fraudsters are concentrating their efforts on particular banking brands.
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