Links in “Technology”

Slow and steady doesn’t win the race this time. NACHA has approved same day ACH with the goal of increasing the speed and ease of ACH for consumers and modernizing the payment system. [5/20/15]

"Card cracking," a scam targeting the 19 to 25-year-old crowd, uses social media to invite consumers into making "easy money" online by allowing a third-party to make a fraudulent withdrawal, then reporting the card as lost or compromised. The action earns the consumer a few bucks and the label of accomplice. [5/19/15]

At the FinovateSpring 2015 Conference, companies had an opportunity to showcase new and existing products.  Take a look at the exciting and innovative solutions they are offering. [5/15/15]

In response to the top complaint received by consumers, the FTC has launched IdentityTheft.gov, a new, interactive resource that makes it easier for identity theft victims to report and recover from identity theft. [5/15/15]

The NCUA has translated portions of its public website into Spanish. Por qué? The NCUA is committed to making valuable information available to stakeholders with limited English proficiency. [5/13/15]

Kaspersky Lab reports that there were 2.2 billion malicious attacks on computers and mobile devices in the first quarter of 2015 alone.  The data shows that the trend is towards mobile device attacks that attempt to steal or extort money and/or financial data from users. [5/12/15]

In order from most critical, the Center for Internet Security has compiled a list of the best security controls for credit unions. Most of the controls listed are pretty affordable, although they all require diligence from the IT department. [5/6/15]

Though convenient, new age tech payment trends are not always secure. But any way you dice it, these tech payment trends are on the rise among consumers. There are several big trends your institution may need to consider so as not be left in the dust. [5/5/15]

It could be. This smart wallet works without a smart phone or the cloud, can carry up to 10,000 cards, and claims stronger security controls than competitors. Wocket protects whatever information is stored on it on a tamper-proof, encrypted chip protected by a biometric voice print. Wocket users maintain full control over their information, so it never uploads card data to a server or stores it on devices such as a smartphone. [4/30/15]

... is a good cyber offense. DOJ announces a new "all tools approach" to cracking down on cyber criminals. [4/23/15]