Latest Security - Social Security Topics

U.S. consumers bought roughly $20 billion worth of retail goods online in 1999.Forrester Research, by Oasis Technology Ltd., Toronto, Canada,
AOL, 8/22/00

In a study to determine crime risk to several services and industries, comparison of 920 locations indicated that about 40 % of banks are located in above average violent crime risk neighborhoods.

According to banking experts, community banks stand to benefit from the recent repeal of penalties on earnings made by seniors receiving Social Security.

by Barbara E. Hurst

The average mortgage rate in October, 1998 was 6.68% - a 30 year low. By June, 2000, the average rate is 8.40%, and appears steady, according to a study done by HSH Associates, Butler, NJ.

Service matters. It is how banks compete. Service also counts for CRA purposes.

The new Bank of America is the first coast-to-coast bank in the United States.

Treasury announced that by August of this year 70% of benefit recipients received payments electronically, up from 50% two years ago.

As marketing techniques - especially marketing "research" techniques - become more aggressive and competitive, banks should hone their techniques for guarding data.

A self-service check-cashing machine is now available in the United States that employs facial biometrics as identification.