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Sharetec System announced a new partnership with IWS Acquisition Corporation (IWS), a marketer and administrator of vehicle protection products exclusively to CUs and their members for over 30 years. This IWS partnership will provide Sharetec CUs the ability to integrate directly into Sharetec’s Lending Origination System to help ease the auto loan process.
Digital banking provider Bankjoy announced that it has added 16 CUs from across the nation to its end-to-end digital service ecosystem. These CUs range in size from $74M to $864M in assets.
Dell’s newest entry-level block-storage array is the PowerVault ME5 series, aimed at price-sensitive customers with a focus on ease of deployment and affordability. PowerVault ME5 doubles the performance and capacity of Dell's older ME4 storage platform and is optimized for SAN and DAS. The ME5 comes with intelligent automated tiering software, so in a mixed media environment, it has the intelligence to determine in real-time if data is best stored on an HDD or SDD.
Samsung's four new Windows 11 machines, the 360 Pro, Pro, 360 and Business models, feature faster charging (up to 65w), better displays, more storage, and improved chips. The Galaxy Book2 Business includes an IR camera that enables facial recognition logins, Samsung Knox security, Intel vPro for improved remote management, Windows 11 Pro and a Kensington lock slot.
Gartner reports that clients are complaining about lead times as long as 400 days to get networking equipment, plus pricing increases and missed ship dates. To deal with these issues Gartner says you have five choices: 1) Optimize existing assets; 2) Replatform; 3) Move to the front of the line; 4) Explore certified refurbished equipment; and 5) Sweat the assets.
VMware is entering the race to secure modern, cloud-native environments by adding container runtime protection to its Carbon Black Container security product. Because containers are being spun up and down all the time, securing container environments is somewhat challenging, with a need for greater visibility and automation to keep containers secure and compliant at all times. This article highlights how the Carbon Black Container security product is addressing these issues.
Attivo Networks' ADSecure-DC solution expands its Active Directory protection to non-Windows endpoints. In addition to identifying enumeration and attacks targeting Active Directory, ADSecure-DC also detects suspicious user behaviors using deep packet inspection and behavior analytics, as well as delivering high-fidelity alerts.
NCR is offering FIs an ATM-as-a-service solution. The solution will handle compliance, security and software updates for the ATMs, which will ensure greater availability, uptime and a more predictable cost structure.
Here is a chance to learn about real life credit union success stories from various technology vendors through the words of their clients. This week's vendor is:
and their client is:
The Wi-Fi 7 specification, also known as 802.11be Extremely High Throughput (or just 802.11be), isn’t even close to being completed — the IEEE’s current paper on the current status of 802.11be calls for the standard’s ratification sometime in 2024. But as with previous Wi-Fi standards, that isn’t stopping vendors from developing silicon based upon draft releases, tweaking them via firmware or other updates as the specification moves through its final approval process. Wi-Fi 7 will significantly increase Wi-Fi bandwidth. How much? According to the IEEE, the maximum nominal throughout of Wi-Fi 7 is 46Gbit/s, 4.8 times faster than Wi-Fi 6 and slightly faster than the 40Gbits/s delivered by a Thunderbolt 3/4 connection.
Qualcomm is already making headway on supporting Wi-Fi 7 with its expected release of its new FastConnect 7800 connectivity system, which will support Wi-Fi 7 High Band Simultaneous Multi-Link and next-gen Dual Bluetooth capabilities. The new technology is the world’s first announced Wi-Fi 7 enabled product on the market, and is expected to be available for purchase by the second half of 2022. The FastConnect 7800 platform also introduces Qualcomm’s High Band Simultaneous (HBS) Multi-Link technology, allowing growth for the potential of “multiple 5GHz and 6GHz connections to deliver the highest throughput and lowest sustained latency, while reserving high-traffic 2.4GHz spectrum for Bluetooth and lower-bandwidth Wi-Fi,” according to the company.
Phishing attacks in December totaled 316,747, the highest monthly total ever recorded by Anti-Phishing Working Group, (APWG) since it began tracking the cybercrime in 2004. Overall, the number of phishing attacks has tripled from early 2020, when the APWG was observing between 68,000 and 94,000 attacks per month. FIs were the most frequently targeted category during the fourth quarter, accounting for more than 23% of phishing attacks.
Ransomware Protection as a Service (RPaaS) has emerged to try to provide full coverage both before and after a ransomware event. Here, the preventative and restorative sides of the equation are paired under a single service, along with detection solutions to bridge the two areas. RPaaS is segmented into three subcategories to address prevention, detection, and recovery for a business: 1. Security Operations Center as a Service (SOCaaS); 2. Ransomware Response as a Service (RRaaS); and 3. vCISO.
Technology and Marketing
Marketers find themselves with piles of numbers that have to be turned into prose, clear examples and perhaps infographics or straightforward, intelligible charts. This can be challenging for many marketing teams, so this article recommends that marketers should read Making Numbers Count: The Art and Science of Communicating Numbers.
Millennials have enjoyed being the media darling for some time, but according to Bloomberg, Gen Z overtook them in 2019. They are now the largest cohort alive, making up just over a quarter of the global population. Further, McKinsey & Co show Gen Z now accounts for more than 40% of global consumers. In the U.S. alone, they have a rapidly growing $150bn of spending power. This article lists four financial insights that may impact your Gen Z marketing strategy.
Benchmarking Your Digital Banking Strategy
Access Softek - http://www.accesssoftek.com
Read Chris Doner's comments:
Humanizing Digital: Increasing Account Holder Loyalty and Exceeding CU Goals with Smart, Flexible Solutions
Digital Transformation: A Credit Union Imperative
The Digital Banking Market Is Heating Up
Three Present-Day Goals to Revolutionize Your FI’s Marketing
eSignatures Are Now a Top Priority Across the Nation
Fight Fraud by Better Understanding Your Financial Data
It’s Always About the People: 5 Rules for Digital Banking and Beyond
Many FIs are examining how branches and call centers can be refocused in a “digital first” environment to help provide strong service levels for all channels. This approach optimizes the way people interact with their institution by building integrated products and services that combine digital-first capabilities with support from more traditional channels that complement digital banking or serve a unique need. In the BAI Banking Outlook research on 2022 trends, financial services leaders reported the top 3 ways consumers utilize the branch network are to 1) open or close an account, 2) conduct a transaction, and 3) resolve an account problem. The article concludes that there will be a real need for the foreseeable future for branches.
This article asserts that it’s not a question of if, but when, financial services will migrate to the cloud. Multiple data centers with multi-region architecture, coupled with the ability to “fail over” quickly and seamlessly upgrade and patch networks, can help provide strong lines of defense. It concludes that FIs do not have to focus time, money and energy on building operating infrastructure because this is what the cloud provides through Infrastructure-as-a-Service.
Verizon has teamed with VMware to expand its portfolio of managed SD-WAN offerings, as adoption of the technology continues to grow. VMware’s SD-WAN offering is part of its broader secure access service edge (SASE) portfolio and includes three key components: VMware Orchestrator, VMware Gateways and VMware Edge. The Orchestrator offers centralized policy, monitoring, reporting and analytics, while the gateways are points of presence (PoPs) which enable edge devices to connect for optimized latency. VMware Edge are devices Verizon can deploy and program at a customer site to facilitate SD-WAN application routing.
The author offers up strategies for contact center leaders to consider going forward in 2022. His three key ones are: 1) Contact centers will be investing in more flexible and scalable technologies; 2) AI-powered assisted self-service is becoming standard; and 3) Remote work is prompting a dispersed and varied workforce.