NCR Barred Mint, QuickBooks from Banking Platform During Account Takeover Storm

Banking industry giant NCR Corp. [NYSE: NCR] late last month took the unusual step of temporarily blocking third-party financial data aggregators Mint and QuicBooks Online from accessing Digital Insight, an online banking platform used by hundreds of financial institutions. That ban, which came in response to a series of bank account takeovers in which cybercriminals used aggregation sites to surveil and drain consumer accounts, has since been rescinded. But the incident raises fresh questions about the proper role of digital banking platforms in fighting password abuse. Continue reading NCR Barred Mint, QuickBooks from Banking Platform During Account Takeover Storm

The Risk of Weak Online Banking Passwords

If you bank online and choose weak or re-used passwords, there’s a decent chance your account could be pilfered by cyberthieves — even if your bank offers multi-factor authentication as part of its login process. This story is about how crooks increasingly are abusing third-party financial aggregation services like Mint, Plaid, Yodlee, YNAB and others to surveil and drain consumer accounts online. Continue reading The Risk of Weak Online Banking Passwords

Vital Software comes out of stealth to make ER visits less terrible

After two years operating in stealth, Mint .com founder Aaron Patzer’s new startup Vital Software is open for business. Patzer made the announcement Wednesday while on the Next Stage at Disrupt SF. Patzer’s company, which he co-founded with Dr. Justin Schrager of Emory University, is an enterprise software business that aims to make emergency rooms […] Continue reading Vital Software comes out of stealth to make ER visits less terrible