Browsing: Online banking

Cybersecurity

The Commerce Department’s National Institute of Standards and Technology this week selected the first group of encryption tools designed to withstand the assault of a future quantum computer, which could potentially crack the security used to protect privacy in digital systems such as online banking and email software.

Commercial Lending

Eighty-two percent of small businesses said they maintained or gained trust with their bank in 2020 amid the COVID-19 pandemic, and an even greater majority—85%—believe that their needs are being met by their current bank, according to a new survey from consulting firm West Monroe this week.

Cybersecurity

More than 9 in 10 Americans are concerned about their security online, and 74% of consumers say they would be likely to participate in a cybersecurity education or awareness program if their bank offered it, according to a new survey conducted for bank technology firm CSI.

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