If your personal information gets compromised, a thief will open up financial accounts in your name. However, they will not pay the bills, and this will ruin your credit.
Whether bad credit results from the legitimate credit holder’s irresponsibility or from identity theft, your ability to buy a car, rent a nice place, purchase a home or even get employment can be severely stifled. Continue reading →
Einer kürzlich veröffentlichten Studie zufolge steht das klassische Filialgeschäft, nicht zuletzt durch die digitale Revolution, vor einem gewaltigen Umbruch und die Wachstumsaussichten sind eher bescheiden.
Consumers wary of mobile banking may not realize that it’s actually more secure
than online banking.
Even as mobile banking continues to grow in popularity, many consumers are still extremely hesitant to adopt this new banking channel. They feel that mobile banking can expose their personal information and their banking accounts to the bad guys and prefer to stick with online banking as their main channel for bank transactions. However, what most consumers don’t realize is that mobile banking is actually more robust security-wise than online banking. Continue reading →
Upstart lenders have started combing social media sites as they vet borrowers. You’ll be suprised what they’re looking for.
It’s already well known that Facebook and other social media networks harvest user data and sell it to companies that use that info to peddle their products to consumers. But some lenders have begun to find a new use for this information, scrutinizing Facebook, Twitter, and LinkedIn data to determine the credit-worthiness of loan applicants. It’s an unprecedented practice that consumer advocates say can be unfair or discriminatory—and one that is poised to only become more prevalent in the years ahead. Continue reading →
First and foremost, bankers need to be effective risk managers in a world where forms of risk keep multiplying.
Banks are typically thought of as stable, reliant and dull, or that’s what we would like them to be. Actually, banks are inherently risk managers, as we have now realized in the past five years. Continue reading →
Wann immer über die Vor- und Nachteile von mobilen Brieftaschen (Digital Wallets) gesprochen wird, kommt schnell die Rede auf das Thema Sicherheit. Was passiert, wann man sein Handy verliert?! Aber fragen Sie sich mal, was passiert, wenn Sie heute Ihre Brieftasche verlieren…