Post Tagged with: "privacy"

How long will the FBI take to find the key?

Apple, Back Doors and the City on a Hill

by March 3, 2016 at 9:32 pm 1 comment

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 […]

Dwolla Defends Security Practices in the Face of CFPB Fine

Dwolla Defends Security Practices in the Face of CFPB Fine

by March 2, 2016 at 6:40 pm 4 comments

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

Amex Shows the Dark Side of Security Hype, Just in Time for Christmas

Amex Shows the Dark Side of Security Hype, Just in Time for Christmas

by December 24, 2013 at 10:44 am 0 comments

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

VIDEO: Digital Banking Advances Risk of Personal Liberty Abuse, Signature Bank Chair Warns

by December 16, 2013 at 9:40 am 1 comment

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

Some Banks Are Using ‘Privacy’ as an Excuse to Avoid Innovation

Some Banks Are Using ‘Privacy’ as an Excuse to Avoid Innovation

by November 8, 2013 at 3:15 pm 1 comment

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

The Good — and Bad — in Simple’s Fees and Privacy Standards

The Good — and Bad — in Simple’s Fees and Privacy Standards

by July 26, 2012 at 7:12 pm 0 comments

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

Banks Need to Collect More Insights to Communicate Effectively

Banks Need to Collect More Insights to Communicate Effectively

by March 1, 2012 at 6:12 pm 0 comments

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 …