TCF Financial Adopts RSA Authentication

TCF Financial Corp. has selected the RSA Adaptive Authentication solution to provide enhanced security to consumers banking online.  TCF will deploy the risk-based authentication and site-to-user authentication modules.  RSA Adaptive Authentication is delivered by S1 Corp., which teamed with RSA, The Security Division of EMC earlier this year to offer enhanced online banking security solutions to its financial institution customers. RSA Adaptive Authentication delivers site-to-user authentication using a shared secret image and text phrase to allow TCF to authenticate itself to its online banking customers. This provides users with a visible security measure that reassures them that they are at a genuine website, and helps instill confidence in the channel. TCF will also become a member of the RSA ® eFraudNetwork™ community.

Diebold Offers Integrated Imaging at the ATM

Diebold, Inc.'s new ImageWay ATM software solution allows financial institutions to seamlessly integrate ATM image-capturing functionality on the market into their existing check imaging systems Diebold's new offering uses industry-standard message formats, and incorporates Carreker Corp.'s store and forward technology. This allows ensured delivery of transaction information to a third-party server. Diebold has a long-standing relationship with Carreker, integrating Carreker's courtesy amount recognition, legal amount recognition and Image Inspector technologies with Diebold's imaging solutions. ImageWay ATM is application- and vendor-independent, able to function in any environment with any ATMs and with any in-house or outsourced image-processing applications. ImageWay ATM is the first Diebold product to be launched in an expanding series of imaging solutions that will include ATM, branch, corpor ate capture and check-processing services.

Corillian Offers 'TrueStamp' Site Verification

Online banking provider Corillian Corp. has introduced Corillian TrueStamp, a new Web-site verification technology embedded in Corillian Intelligent Authentication v2.1, the next version of the company's authentication solution. TrueStamp adds an additional component of security to a user's online banking experience by securely verifying the banking site to the user before they ever have to enter sensitive information such as a user name and password. The solution generates a truly unique visual identifier for each user and is active on all the computers the user chooses to "stamp" with their personal images. TrueStamp is architected to validate a Web site without compromising end user security. "With the evolution of phishing attacks, consumers are demanding a security solution that provides site verification at the time of log on," said Greg Hughes, Corillian's chief security executive.

Equifax Launches Appro Consumer/Biz Loan Processing Platform

Equifax has introduced its single platform for end-to-end consumer and business loan processing called APPRO, which provides simplified, faster loan processing by using one system for all business and consumer loan origination needs. APPRO automates every phase of the loan processing workflow—from data acquisition and decisioning through a range of post-approval functions, including funding, generating documents and interfacing to a host system. This highly configurable solution can grow with business needs and enables lenders to tailor systems for a changing environment. Its flexibility helps lenders enforce credit policy compliance and improve customer service - key advantages in an industry demanding accelerated response times and enhanced risk management. APPRO was announced at the BAI Retail Delivery conference.

Union Bankshares Implements Product4 Teller App

PRODUCT4, Inc., a provider of enterprise solutions for the financial services industry, announced that Union Bankshares has implemented its One-Touch for Teller application. Headquartered in Virginia with total assets of about $1.8 billion, Union Bankshares will leverage One-Touch, combined with Fidelity Horizon solution, to increase efficiency, reduce errors and stay in compliance at the front line. PRODUCT4 is already assisting in Union Bankshares branches with a common teller and platform environment. At the same time, PRODUCT4 will be working with Union Bankshares to roll out the new One-Touch teller system focusing on optimizing the productivity and effectiveness of its branch workforce. PRODUCT4 One-Touch software fits the bank's services-based architecture, facilitating integration with existing and emerging capabilities. One-Touch, which leverages Microsoft's Smart Client technology and .NET architecture.