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Madrona backs WaFd Bank spinout developing consumer software for regional banks

GeekWire

From left: President Dustin Hubbard, Developer Kateryna Masiuk, Production Support Vlad Vasic, Automation Tester Varsha Chaurasia, Solutions Architects Sreedhar Pamidiparthi and Prasad Mandadapu, Technical Product Manager Victoria Kruse, and Developer Clint Bush. The goal is to help community banks stay competitive with giants like J.P

Banking 115
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European Banks Still Struggle To Balance App Functionality with User Experience

Forrester IT

Mobile apps have become the channel of choice for millions of Europeans. Forrester’s data shows that some 40% of French, 54% of Italian, and 54% of UK online adults have done their banking on a smartphone in the past month. We have been evaluating mobile banking apps for over a decade through our Digital Experience […].

Banking 195
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Don’t break the bank: Stopping ransomware from getting the best of your business

Network World

Today, with the cloud, mobility, and the rise of hybrid work, an organization’s attack surface has exponentially expanded. The stages of a cyberattack are analogous to that of a bank robbery. In the cyber world, the bank represents your external attack surface—the part that’s visible to threat actors.

Banking 103
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Mobile Malware Uses Deepfakes, Social Engineering to Bypass Biometric Authentication

SecureWorld News

A sophisticated form of mobile malware dubbed "GoldPickaxe" has been uncovered, which collects facial recognition data to produce deepfake videos, enabling hackers to bypass biometric authentication protections on banking apps. The hackers rely heavily on social engineering tactics to distribute the malware.

Malware 76
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Customer centricity: How Mashreq Bank is placing its customers at the forefront of its operations.

CIO Business Intelligence

Mohamed Salah Abdel Hamid Abdel Razek, Senior Executive Vice President and Group Head of Tech, Transformation & Information, Mashreq explains how the bank is integrating advanced technologies and expanding its digital footprint. This approach has significantly enhanced the customer banking experience.

Banking 116
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World's Largest Bank ICBC Hit by Ransomware

SecureWorld News

The Industrial and Commercial Bank of China (ICBC), recognized as the world's largest commercial bank, has fallen victim to a ransomware attack. The bank, in response to the incident, promptly disconnected and isolated affected systems to contain the breach. and even introducing a bug bounty program to ransomware development.

Banking 90
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Santander bank to work with IBM developing mobile apps for staff

Computer Weekly

Santander bank wants to make its staff more productive through mobile apps, which it will create alongside IBM

IBM 100