Your source for the latest technology information of interest to community banks across America.
Subscribe to our monthly newsletter and stay on top of the latest technology trends in Hardware, Software, ATMs, Biometrics, Wireless, Online Banking, Marketing, Security, Internet Access and Call Centers.
HP Refreshes Its Flagship Spectre, Spectre X360 Laptops
HP launched its two new laptops - HP Spectre 13 and HP Spectre x360 13 - and highlighted a few design tweaks that aim to extend its lead in the PC market. HP calls the second-generation Spectre 13 the thinnest touch laptop and added an integrated privacy screen for the Spectre x360 13.
7 Reasons Chrome OS Computers Are Ideal for Enterprises
This year, 5.5% of all PCs sold will be Chrome OS devices. That means Chrome has overtaken Linux as the ‘third OS’ at work. Credit the cost, security and manageability benefits of Chromebooks and Chromeboxes for the rise.
~~~
Security No. 1 Inhibitor to Microsoft Office 365 Adoption
Barracuda Networks polled 1,100+ organizations to learn about the trends around Office 365 adoption and usage, including the factors and concerns customers face when deciding whether to migrate or stick with their existing business software platform. Results say adoption is increasing overall. Researchers found 63% of respondents currently use Office 365 and among the remaining respondents, some 49% plan to migrate to it. This marks a 20% jump from a similar study in 2016, when 42% of businesses surveyed were using Office 365. Security concerns are the top inhibitor for 44% of businesses deciding against Office 365.
~~~
More NFC-Powered ATMS Equals Fewer Branch Interactions
People’s interaction with ATMs is shifting more and more towards cardless transactions, at least according to Wells Fargo as it rolls out near-field communication (NFC) capabilities to its 18,000 ATMs.
Digital Payments Expected to Hit 726 Billion by 2020 — but Cash Isn't Going Anywhere Yet
People around the world are expected to make 726 billion transactions using digital payment technologies by 2020, according to a new study. The report notes that "there are specific situations where one or more of the attributes of cash — speed of exchange, universal acceptance, anonymity, absence of record and free of charge — are not yet matched by digital payments."
Diebold Claims No. 1 Spot as Largest ATM Manufacturer
Diebold Nixdorf has been named the largest manufacturer in the global ATM market in Global ATM Market and Forecasts to 2022, a new report from strategic research and consulting firm RBR. RBR research indicates that the Diebold Nixdorf owns a 32 percent share of the global market, and is the only manufacturer to have more than 1 million of its ATMs installed worldwide. Globally, the number of ATMs grew by 3 percent to 3.3 million in 2016 and is expected to grow to more than 3.7 million by the end of 2022, according to the report.
~~~
The author believes that consumers that customers will benefit with better experiences from apps that are very good for specific money management needs, rather than a single general purpose app where they have to figure things out for themselves. He also concludes that while mobile banking evolved from Internet Banking, the future is Experience Driven Banking not Mobile.
Machine Learning-Based Threat Detection Is Coming to Your Smartphone
MobileIron has partnered with machine learning-based threat detection vendor Zimperium to port its technology onto its enterprise mobility management EMM client, a growing trend in the mobile space. That upgrade to MobileIron's EMM client will automate the process of detecting and responding to mobile threats.
PFM App MoneyLion Seeks to Kill Overdraft Fees with New Feature
PFM app MoneyLion has a new feature that provides push notifications on a user’s mobile when an account balance is low and is likely to incur overdraft fee. Additionally, the new feature uses algorithms to monitor the user’s money patterns. Based on their history of spending and deposits, the feature is able to tell users how often and when they are likely to make an overdraft. It provides personalized advice so that they can avoid such events by preparing for them in advance.
~~~
FICO Improves Cybersecurity Scoring Model
Silicon Valley analytics firm FICO announced that the latest version of its FICO Enterprise Security Score is twice as accurate at predicting a data breach as the previous model. The FICO Enterprise Security Score gives subscribers the ability to assess the forward-looking cyber breach risk of their organization and their partners, and helps improve breach insurance underwriting.
ZoneFox Launches "First Hosted UEBA Platform"
ZoneFox announced the release of its fully hosted User and Entity Behavior Analytics (UEBA) platform. The software monitors activities such as file transferring, data loss or theft, writing IP to removable media, tunnelling data through the dark web, and ransomware and malware files entering the network and unauthorized or suspicious file access.
LogRhythm introduced CloudAI, a technology designed to help LogRhythm customers avoid cyber incidents. CloudAI is a cloud-based security analytics offering that is available as an integrated, add-on subscription service for the LogRhythm Threat Lifecycle Management Platform. CloudAI uses artificial intelligence to help detect advanced threats that employ unknown attacks and unknown methods.
~~~
Core Systems:
Implementing Growth Strategies with the Help of Core Systems
 |
 |
~~~
Branding Is Not a Self Driving Car
In this day and age of artificial intelligence, chatbots and robot banking it seems we are all about technology, technology, technology, but your brand is not a self-driving car. The author contends that Branding takes: action; leadership; awareness; and a map.
~~~
Online Banking/E-Commerce/Website Design
Virtual Cards: The B2B Payment Method of the Future
Virtual cards, also known as Single-Use Accounts (SUA), are among the latest in payments technologies. They are auto-generated credit card numbers that A/P departments can send to suppliers as a link contained in an email, for a one-time-use payment. Their growing popularity with customers is due to a variety of factors.
The 10 Most Cashless Countries in the World
Canada topped the table because its citizens have more than two credit cards per person, and the majority (57%) of payments are made using cashless methods.The rankings were based on six metrics: the number of credit cards per person; the number of debit cards per person; the cards in issue that have contactless functionality; the growth of cashless payments over the past five years; payment transactions made using non-cash methods; and the number of people that are aware of what mobile payments options they have available to use.
~~~
33% of Businesses Hit by DDoS Attack in 2017, Double That of 2016
Cybercriminals are increasingly turning to Distributed Denial of Service (DDoS) this year, as 33% of organizations faced such an attack in 2017 - up from just 17% in 2016, according to a new report from Kaspersky Lab. These cyber attacks are hitting businesses of all sizes: Of those affected, 20% were very small businesses, 33% were SMBs, and 41% were large enterprises.
SD-WAN is a policy driven overlay that moves the paradigm from local based configuration element changes such as routes, ACLs and VLANs to business apps, sites and links. The overlay manages the underlying infrastructure based upon business and operational policies in a holistic manner, providing for more advanced monitoring and resilience in connectivity.
~~~
How Remote Employees Can Help Contact Centers Better Manage Peaks
Perhaps the best solution for handling peak times is to design a program where extra staff can work from home and be ready at just the right times. Another benefit to employing remote staff is that training virtual agents is easier and much less expensive than providing onsite classes.
~~~
