How Millennials Can Protect Themselves From Bank Fraud

Research suggests millennials are falling victim to bank fraud more than any other generation. Some say it is because millennials are handing money over to scammers due to the frequency of online payments in today’s society. This article provides useful information to avoid potential scammers, such as looking for misspellings in an email. Read the…

Learn How ACH Payments Work

Most consumers use ACH payments without even realizing it. Automated Clearing House (ACH) payments are electronic payments that move from one bank account to another with interception that routes it to the final destination. Businesses love ACH payments because they are easy and affordable. Read the article below for more information on how ACH payments…

Will Tech Ever Really Disrupt Retail Banking?

The question “will technology disrupt retail banking?” is a common talking point among the banking industry right now. The current rate of investment is on pace to exceed $1 billion this year, double the total from 2018 and more than 6 times the total from 2017. Dealing with finances is a common stressor in our…

Bank Account Wiped Out From Fraud

New fraud techniques by cyber-crooks arise every day. Hackers come up with new ways of getting our information daily. This article reminds us how important it is to never give out personal information over the phone to avoid potential hacking. For more information on protecting your data, read some of our previous articles here! A…

How Cybercrooks Can Hack Your Online Bank Accounts

Every day it is increasingly common to hear of individuals who have had their bank account hacked. The article below lists key factors that hackers use in order to identify your personal information. Additionally, it lists important precautions you can take in order to avoid this particular event. Read the article below for more information.…

SCI Proud of New Affiliate Partnership, Nacha

Software Corporation International is proud to announce our new affiliate partnership with Nacha, who is known for governing the ACH network. Through this program Nacha will bring together stakeholders to develop rules and standards to create integration and compatibility across payment systems. For more information on Nacha, click here. For more information on the SCI…

4 Payment Security Trends for 2019

Payment Security has become a strong topic in the financial industry over the last couple of years. Of course, no one can perfectly predict what is to come, but here is a take on four notable payment security trends happening in 2019. Trend 1: Continued growth in E-Commerce and M-Commerce will drive the need for…