May 2015

Is Your Bank Good Sticky … or Bad Sticky?

2017-10-06T11:56:23+00:00May 13th, 2015|

By Ron Daly

Newton’s Third Law says that for every action, there’s an equal and opposite reaction. But while he’s talking physics, I’m thinking customer retention. All good things seem to have a bad side, and for banks, stickiness is near the top of the list.

What’s sticky?

So, ask yourself if your stickiness is the good kind or bad kind: Do your customers perceive your bank as a sticky bun, offering a satisfying experience that leaves them with a good taste? Or maybe it’s more like flypaper, where customers put up with sub-par service or outdated delivery systems because they feel trapped?

Financial institutions […]

U.S. Patent & Trademark Office Grants Virtual StrongBox Exclusive Rights to its Secure File-Capture and Encryption-at-Rest Technology

2016-11-01T11:29:47+00:00May 4th, 2015|


 

New, patented process has raised the bar on online data and document security


Charlotte, NC. (May 7, 2015) – Technology innovation firm Virtual StrongBox, Inc. is shaking up traditional financial institution security protocols with its announcement that it received U.S. Patent No. 9,003,183 for its secure storage system and file encryption method for safeguarding data at rest.

That’s big news, given the growing epidemic of data breaches. With glaring headlines everyday about cyber criminals stealing millions of victims’ personally identifiable information (PII), Company President/CEO Ron Daly says he was tired of hearing about one compromised system after […]

Virtual StrongBox Initiative Places Patented Technology Inside Online Banking

2016-11-01T11:29:47+00:00May 1st, 2015|


Virtual Strongbox joins with Financial Technology provider CU*Answers to open user access to 1.7 million consumers


Charlotte, NC. (May 1, 2015) – Virtual StrongBox, Inc. announced today an agreement with financial technology provider CU*Answers that will provide nearly 2 million consumers to access My Virtual StrongBox via the provider’s online banking. Virtual StrongBox, Inc. is known for protecting personal data the “financial institution way” and provides banks, credit unions and other financial organizations a host of automated file exchange and file storage services

Through a five-year shared strategic initiative, CU*Answers will license the solution and invest in Virtual StrongBox, […]