Auditor | A Dirty Word

When the word ‘audit’ or ‘auditor’ is used in a sentence there is often an immediate cringing effect that happens in our minds. People have learned to fear the audit and as such, auditors. We have found this to be true in our line of business; we are constantly being categorized as auditors. People immediately […]

The Future of Payment Cards

I know bankers are, tired of paying tens of thousands of dollars a month on debit card fraud. Well this multi-factor authentication tool from MasterCard claims purchases over the internet will be as secure as POS purchases….well let’s just say less risky. It works like this: The cardholder dips the card into a handheld reader […]

BLOGGING: Banker Style

When I visit banks week to week the topic of social media as a way to contact customers seems to always come up. I have read some strategic plans recently that state the bank wants to reach a younger demographic, but don’t really know how to do this. Starting a blog on your bank’s website […]

Identity Theft Task Force Report and How it Affects Community Banks

The President’s Identity Theft Task Force released their report and website on Tuesday with 31 recommendations to help reduce identity theft and fraud cases. This report has overarching recommendations such as consumer education and harsh punishments for criminals. I believe that some of these findings will eventually trickle down the grapevine and affect auditing guidelines […]

A Company Event | In a little different way.

Over the last year we have wanted to put together a little event for all of our clients to bring them together and just say thanks for working with us. So we shot the ideas around the table about how to throw such an event. Well, we like to not do the standard ‘meet at […]

Cool Online Banking Features

1) True Multi-Factor Authentication: On my BofA account, I use <a href=”http://www.bankofamerica.com/privacy/index.cfm?template=learn_about_safepass”>SafePass</a> to get text messages sent to my phone, that I have to input back into the website everytime I am paying bills online or adding a new payee. Finally a true Multi-Factor Authentication that requires something I know (password) and something I have […]