Bad facts make bad law. This well-worn legal aphorism may well describe the state of American privacy law if the FBI is successful in its bid to compel Apple to write a special version of its iPhone operating system to provide a “back door” into one of its legacy devices. Ostensibly, the question presented […]
Post Tagged with: "privacy"
Dwolla, the payments startup, said that it “has never been the company’s intent to mislead anyone,” after the Consumer Financial Protection Bureau slapped it with a fine for its data security. Dwolla offered the explanation after the CFPB hit it with the $100,000 fine. Dwolla is also required to fix its securityRead More
The recent Target credit card scandal has colored last-minute Christmas shopping with fear — fear of security breaches and lackluster controls and privacy. No doubt, American Express should add to that fear. The federal government today slapped American Express — officially the company’s American Express Centurion Bank — with more thanRead More
In the headlong rush to completely digital and mobile banking, are additional risks to civil liberties being created? Scott Shay, the chairman of Signature Bank, answers that questions with a firm “yes.” Shay argues that, especially since civil forfeiture remains on the books (here‘s a great article on its abuses),Read More
Corner any banker with a question about a commitment to banking innovation and the response will be a full-throttled “Heck, yeah!” But the truth is somewhere between that and “Who cares?” What is more, there is a population of banks that are purposefully — and I mean, purposefully — creatingRead More
Today I officially became a customer of Simple. On Tuesday, Simple finally invited me to become its customer. I first asked to be a customer in September 2010. That’s so long ago, some of the hair at my temples have had time to turn grey. But beyond the wait, Simple isRead More
By Bob Williams, Director of Marketing Technologies at Harland Clarke and author of the blog, The Merchant Stand.A friend and colleague Jim Marous shared an article from American Banker on Googe+ entitled Banks Underuse Mobile …