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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.

December 27, 2021


Hardware News

 

New HP MFP Vulnerabilities Show Why You Should Update and Isolate Printers

Security researchers have published details about two serious vulnerabilities that impact over 150 different HP multifunction printer models with FutureSmart firmware going back at least nine years. The attack vectors associated with the flaws and their impact serve as a reminder that printers can pose significant security risks to networks if not properly secured, updated and segmented.

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LG’s New 16:18 Monitor Looks like a Multitasking Powerhouse

LG announced what it touts as “a completely new format in the monitor market” called the DualUp. With a unique 16:18 aspect ratio, LG claims the DualUp gives you “the same screen real estate as two 21.5-inch displays and has a vertical split view function that lets users see more in one glance.” With a resolution of 2560x2880 and measuring 27.6 inches on the diagonal, the DualUp (model 28MQ780) tops out at 300 nits of brightness and covers 98 percent of the DCI-P3 color gamut. It attaches to LG’s included Ergo stand, which can clamp to “most” desks and tables to save on space.

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Software Updates

 

Using DISM to Install Windows Updates

Windows’ built-in Deployment Image Servicing and Management (DISM) command, a.k.a. dism.exe, is something of a Swiss Army knife when it comes to working on Windows OS images. Among its many capabilities — such as adding optional Windows features and packages, taking image inventories, performing image cleanups, and more — DISM includes an /Add-Package option. This article goes into depth on how to use DISM.

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Best New Features in Windows Server 2022

The latest version of Windows Server adds network protocols, new management tools, and better performance and security for storage. This article details these 4 areas: 1) New network protocols; 2) Storage security and performance; 3) Hybrid cloud; and 4) Containers and virtualization.

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ATMs/Kiosks

 

2 Reasons to Deploy More ATMs in 2022

While some observers say that it makes sense to reduce the number of ATMs due to concerns over Covid cleanliness and strong demand for cashless products, but this article states the opposite - FIs should deploy more ATMs in 2022. The two main reasons that they put forth are: 1) They expand banking access and 2) They can offer a full branch experience.

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Wireless World

 

Consumers Demanding Enhanced Mobile Banking Apps

Consumers expect more than being able to do basic transactions on their phone. Increasingly, consumers are making decisions about their banking partner based on mobile and online banking capabilities. Plus according to Insider Intelligence, 87% of adult US mobile banking users said that mobile is the primary way they access their checking accounts. What emerging features do consumers expect from mobile banking? The author provides some answers to this question.

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Security Section

 

Why FIs Must Address Digital Identity in 2022

The author is convinced that in order to meet new consumer demands, FIs will have to focus on their digital identity and KYC practices. Gartner projects that by 2023, 75% of organisations will leverage a single vendor with strong identity verification capabilities and connections instead of using various other third-party solutions for identity proofing and affirmation, an increase from fewer than 15% in 2020. He concludes that 2022 will be an important year for FIs with increased regulatory control, more competition from challenger digital banks and higher levels of activity taking place online.

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Five Cybersecurity Predictions for 2022 and Beyond

2021 saw some of the largest and most influential cyber attacks to date. This article makes the following cybersecurity predictions for 2022 and beyond: 1. Ransomware incidents will double, if not triple; 2. A pure OT attack is on the horizon; 3. Medical ecosystems will be a major target; 4. Hybrid work will further decrease organizations’ security; and 5. The role of the CISO will bring new challenges.

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Technology and Marketing

 

5 Ad Server Tools to Help Small Businesses Gain Control of Digital Advertising Spending

This article recommends the following 5 tools for helping your organization to rein in its ad spending: 1) BrandMaster; 2) diDNA; 3) Genius Monkey; 4) NT Programmatic Platform; and Setupad.

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Online Banking/E-Commerce/Website Design

 

Central Bank Digital Currencies: The Fiat Future of Cryptocurrency?

CBDCs aren't cryptocurrencies: These are centrally issued fiat currencies that are managed using a centralized ledger. They may bear a passing resemblance to cryptocurrencies like Bitcoin, and others may think of them as being closely related to stablecoins (cryptocurrency tied to fiat value), but that's where the resemblance ends. The author goes on to discuss the ways that CBDCs may reshape our entire global economy.

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In a First, Equifax Adds BNPL Payment Data to Credit Reports

To help buy now, pay later lenders better manage the risk associated with each applicant, Equifax announced it will begin in 2022 including BNPL payment data in consumer credit reports. To report the data, Equifax has created a new code to designate BNPL tradelines in consumer credit files using Consumer Data Industry Association Metro 2 guidelines. The company says it will be the first credit-reporting company to include BNPL data.

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Digital Banking Industry Leaders Forum

Thought Leadership From Around the Industry by BANK tech-trends and Finopotamus:

Benchmarking Your Digital Banking Strategy

Humanizing Digital: Increasing Account Holder Loyalty and Exceeding Goals with Smart, Flexible Solutions

Alogent

 

Digital Transformation: A Banking Imperative

Three Present-Day Goals to Revolutionize Your FI’s Marketing

eSignatures Are Now a Top Priority Across the Nation

Fight Fraud by Better Understanding Your Financial Data

It’s Always About the People: 5 Rules for Digital Banking and Beyond

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Internet Access

 

What Is Firewall as a Service?

Firewall as a service, or FWaaS, relies on technology in the cloud. A user or application connects to the FWaaS via the Internet, and the service applies domain rules, URL filtering, and other security that physical firewall appliances use. The idea is to replace the multitude of hardware firewalls you’d need to secure all of your traffic from all of its different operational sites with secure Internet connections to the service.

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How to Buy SASE

Secure Access Service Edge combines networking with security and bundles it up as a service, but there are significant differences among the various offerings in the marketplace. This article dives into the key questions to ask vendors.

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Call Centers

 

Six Metrics Which Matter for Measuring Contact Center Agents

The author posits that when agents don’t feel in control over their own metrics, they don’t work hard to meet their goals. She recommends four agent controllable metrics to consider: 1) First Call Resolution (FCR); 2) Transfer Rate; 3) Average Handle Time; and 4) Average Agent Hold Time.

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