Browsing: Technology

Cybersecurity

Noting that cybersecurity challenges continue to grow, Deputy Treasury Secretary Sarah Bloom Raskin today called for “better solutions” to customer bank account access that “tak[e] into account user behavior,” such as a combination of biometrics, user behavior profiles and multi-factor authentication.

Cybersecurity

The task forces convened as part of the Federal Reserve’s “faster payments” initiative have begun reviewing 19 specific proposals to advance faster payments in the U.S., according to a Fed statement today, with the first installment of a final report due from the Faster Payments Task Force and the Secure Payments Task Force in January.

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