This Week’s Reads: Bank Branches, Biometrics and Identity Fraud

Below are interesting stories the staff has been reading over the past week.

Articles via Biz Journals, Business Standard, Nerd Wallet, and Delaware Online

  • Wells Fargo branching out even as others shutter locations: Despite many financial institutions favoring digital to physical banking, Wells Fargo continues to open branches around the country.
  • Passwords are passé; biometrics is the future of banking: It may not be long before your bank or credit union of choice starts replacing passwords with biometric authentication options.
  • Follow these steps to guard against online identity fraud: In addition to changing usernames and passwords often, you should also be wary of public Wi-Fi and keep your smartphone updated with the latest software to guard against identity fraud.
  • Eight ways to profit from millennials: Bank of America recently conducted research and found that ways for financial institutions to profit from millennials include paid online banking options and providing low-cost financial solutions.

What have you been reading? Let us know in the comments section below or Tweet @bankingdotcom.

Written by Staff