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Madrona backs WaFd Bank spinout developing consumer software for regional banks

GeekWire

From left: President Dustin Hubbard, Developer Kateryna Masiuk, Production Support Vlad Vasic, Automation Tester Varsha Chaurasia, Solutions Architects Sreedhar Pamidiparthi and Prasad Mandadapu, Technical Product Manager Victoria Kruse, and Developer Clint Bush. The goal is to help community banks stay competitive with giants like J.P

Banking 124
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European Banks Still Struggle To Balance App Functionality with User Experience

Forrester IT

Mobile apps have become the channel of choice for millions of Europeans. Forrester’s data shows that some 40% of French, 54% of Italian, and 54% of UK online adults have done their banking on a smartphone in the past month. We have been evaluating mobile banking apps for over a decade through our Digital Experience […].

Banking 195
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Don’t break the bank: Stopping ransomware from getting the best of your business

Network World

Today, with the cloud, mobility, and the rise of hybrid work, an organization’s attack surface has exponentially expanded. The stages of a cyberattack are analogous to that of a bank robbery. In the cyber world, the bank represents your external attack surface—the part that’s visible to threat actors.

Banking 119
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Santander bank to work with IBM developing mobile apps for staff

Computer Weekly

Santander bank wants to make its staff more productive through mobile apps, which it will create alongside IBM

IBM 100
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Mobile Malware Uses Deepfakes, Social Engineering to Bypass Biometric Authentication

SecureWorld News

A sophisticated form of mobile malware dubbed "GoldPickaxe" has been uncovered, which collects facial recognition data to produce deepfake videos, enabling hackers to bypass biometric authentication protections on banking apps. The hackers rely heavily on social engineering tactics to distribute the malware.

Malware 78
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World's Largest Bank ICBC Hit by Ransomware

SecureWorld News

The Industrial and Commercial Bank of China (ICBC), recognized as the world's largest commercial bank, has fallen victim to a ransomware attack. The bank, in response to the incident, promptly disconnected and isolated affected systems to contain the breach. and even introducing a bug bounty program to ransomware development.

Banking 92
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Banking and financial software development: Features and requirements

Dataconomy

The development of banking and financial software is essential to the banking sector’s digital transformation. Banks and other financial organizations may simplify operations, boost security, and provide clients with better services thanks to these software solutions. Multiple account types (savings, checking, etc.),