Identity in Payment, Banking, Transit, Loyalty, Parking

Credit union implements secure banking solution

Tuesday, July 26, 2011

The members of Vermont’s Northern Lights Federal Credit Union will have added browser security due to the credit union’s implementation of IronKey’s Trusted Access for Banking, a secure browsing solution designed to prevent identity theft, payments fraud and online banking account takeover.

Trusted Access for Banking provides a secure online banking experience through a dedicated, isolated secure browser environment. It also features Trusted Bookmarks, a safe Web browsing service. With this feature, Northern Lights can manage a “white list” of popular transaction-based websites that members can safely access through this detached secure browsing environment.


Trusted Access for Banking follows the new guidelines from the Federal Financial Institutions Examinations Council (FFEIC) surrounding secure online banking and money transfers. It also meets NACHA and FBI recommendations for safe online banking. [end] 

CSC has partnered with identity authentication technology and services provider Daon to produce a biometric multifactor authentication service for the banking industry. The product, called ConfidentID Mobile, provides in and out-of-band identity authentication for transactions in multiple channels, including online and mobile.

read more »

Canada’s banking and credit union groups have come together to create a set of open guidelines for the development of mobile payments at point-of-sale in Canada.

read more »

The Canadian Imperial Bank of Commerce (CIBC) and mobile operator Rogers Communications are partnering to launch Canada’s first joint mobile payment solution, allowing Canadians to pay with their CIBC credit card at the point-of-sale using NFC-enabled smart phones.

read more »

Sensor supplier Fingerprint Cards AB (FPC) has extended its partnership with Chinese biometrics provider Miaxis Biometrics Co. LTD to deliver biometrics products to the Chinese banking sector.

read more »

Be first to comment...
Comment on this article

Your full name and URL will be displayed with your comment.

Your email is not shown or shared, and is used only for your Gravatar image.




characters left.