Breakpoint News
August 06, 2010
Breakpoint LLC to brief the Office of the Comptroller of the Currency (OCC) on the latest online security issues
Breakpoint will address the upcoming gathering of Bank Information Technology examiners in Dallas, TX. The OCC specialists that are responsible for ensuring the reliability of the nation's banking information systems must stay up to date on all the bank technology systems and threats to those systems. Breakpoint's expertise in online application security will help the participants understand the latest and most sophisticated threats, the trends in how banks are combating those threats, the inadequacy of some existing measures, and the emerging solutions that significantly reduce the current threats. Breakpoint's continuing work with some of the nation's largest financial institutions provides a hands-on working perspective of the applications targeted by fraudsters and this perspective will provide valuable references for the OCC team gathered.
June 30, 2010
Green Dot Corporation engages Breakpoint LLC to enhance online security
Green Dot Corporation required a Multi-Factor Authentication (MFA) solution for it's online customers. Green Dot's tens of millions of card holders are increasingly signing on to take advantage of the many convenient services offered. Green Dot determined that an MFA solution was needed to better protect those online customers. Breakpoint's online security expertise and experience along with a proven ability to execute were key factors in the decision to select Breakpoint ahead of competing vendors. Breakpoint's thought leadership during the design process has added additional value and won accolades from the Green Dot team.
April 1, 2010
Breakpoint LLC announces several SecureLine enhancements.
The latest version of SecureLine includes several features that make it even easier for banks to protect their online users from fraud. Customer information is used to determine if they are entering from a different computer, location, or with different software compared to their last visit. This information is used to challenge users as directed by the bank administrator. The additional information gives bank administrators more control over how and when they challenge their online banking customers. Additional messaging options make it easier for banks to add personalized greeting messages to new challenges in real time. Security enhancements include an additional hashing of the session id used by the protected application. SecureLine encrypts the protected application's session id to prevent online attacks that remain an issue for banking applications. The above enhancements demonstrate Breakpoint's commitment to making SecureLine the best out of band authentication choice for protecting online banking applications.
February 15, 2010
Financial Software Systems renews application support agreement for eFX.
Breakpoint LLC will provide support and application development services for Financial Software Systems' eFX Web-based foreign exchange trade system. Customers running the eFX system include Comerica Bank, Bank of The West, BB&T and First Republic Bank.
January 12, 2010
Commerce Bank of Kansas City (CBKC) renews the application support agreement for Commerce Connections.
CBKC's Commerce Connections product continues to meet the needs of the most demanding cash management and treasury management customers. Breakpoint values the ongoing support and confidence that CBKC shows by re-affirming our relationship.
November 2, 2009
Zions Bank renews the Treasury Management application support agreement with Breakpoint.
Zions Bank growing customer base continues to rely on the Treasury Management application for their most sophisticated cash management and treasury management needs. Breakpoint is excited to re-affirm the on-going relationship with Zions Bank.
November 1, 2009
Breakpoint LLC announces the release of SecureLine, a true out of band authentication solution.
SecureLine is an out of band authentication tool that combines a user's phone and their Internet session to create an event that is authenticated with multiple factors using an out of band channel. Online banking users perform their online activities as they always have, but when they perform a protected action, they will receive a phone call to verify their identity and activity. In addition to preventing fraud, the real time component of a phone call alerts an organization's security team to issues while they are happening. The early notification can be the difference between preventing an attack and diagnosing an attack. SecureLine provides institutions a way to deal with customers that have malware infected computers.
October 20, 2009
Breakpoint LLC announces the ACH Positive Pay solution during the annual AFP conference.
Breakpoint's ACH Positive Pay solution can completely protect customers from unauthorized ACH transactions. Previous transaction histories can be used to protect customers from day one without the hassle of manually re-entering authorized biller information. Customers will enjoy a simple color-coded system that immediately informs them of expiring ACH rules that need attention. ACH Positive Pay users can protect themselves in real time using a dynamic rules engine that sets rules based on amount, amount during a given or recurring time period, amount over a given time period, or based on a time period alone regardless of transaction amounts.
September 1, 2009
TD Bank renews the Treasury Direct application support agreement with Breakpoint.
TD Bank's growing customer base continues to rely on the Treasury Direct application for all their cash management and treasury management needs. Breakpoint is excited to re-affirm the on-going relationship with TD Bank.
June 12, 2009
Spot Systems chooses Breakpoint LLC to integrate advanced phishing protection into Spot's eFX Web-based foreign exchange trade application.
Breakpoint design and develop enhancements to Spot's eFX Web-based foreign exchange trade application which will allow eFX to seemlessly integrate with the PhishCops anti-phishing system. The PhishCops system will provide eFX users with the highest possible protection against unauthorized login attempts.
January 12, 2009
Commerce Bank of Kansas City (CBKC) signs a Breakpoint application support agreement for Commerce Connections.
Breakpoint will lead the transition of application support from Digital Insight. Once the brief transition process is complete, Breakpoint will be the primary vendor for Treasury Direct. Breakpoint provides all application related services including 24x7 maintenance support, source code management, complete testing support, and custom enhancement design and delivery.
November 2, 2008
Zions Bank signs a Breakpoint application support agreement for the online Treasury Management product.
The application support agreement includes five banks (California Bank & Trust, National Bank of Arizona, Amegy Bank, Vectra Bank of Colorado, and Zions First National Bank) in the Zions Bancorporation family of banks. Breakpoint will lead the transition of application support from Digital Insight. Once the brief transition process is complete, Breakpoint will be the primary vendor for Treasury Direct. Breakpoint provides all application related services including 24x7 maintenance support, source code management, complete testing support, and custom enhancement design and delivery.
September 1, 2008
TD Bank signs a Breakpoint application support agreement for Treasury Direct.
Breakpoint will lead the transition of application support from Digital Insight. Once the brief transition process is complete, Breakpoint will be the primary vendor for Treasury Direct. Breakpoint provides all application related services including 24x7 maintenance support, source code management, complete testing support, and custom enhancement design and delivery.
August 8, 2008
TD Bank and Breakpoint LLC sign an agreement to convert TD Bank's online cash management system, Treasury Direct.
The agreement provides TD Bank a smooth transition to their new online offering. Breakpoint will lead the deployment of the new application by conducting extensive off-site deployments and tests. TD Bank's Treasury Direct customers will be converted to the new system so that their past transaction history and all previously saved templates are available from day one. During the conversion project, Breakpoint will also create new interfaces to the other core banking systems that Treasury Direct relies on including the various money transfer and image applications. Additional account consolidation activities will also be completed during the conversion to ensure customers are not inconvenienced by the transition.
May 15, 2008
Breakpoint to design next-generation Web-based Foreign Exchange Trade application
Spot Systems has engaged Breakpoint LLC to design the next generation of the popular eFX Web-based Foreign Exchange Trade application. Breakpoint LLC will provide conceptual user-interface screens and workflows and create template implementations using the latest Microsoft .Net technologies.
December 15, 2006
Digital Insight engages Breakpoint LLC to integrate NCR ImageMark system with DI's web based cash management system.
Breakpoint will provide design and development services to integrate the NCR ImageMark image archive system with Digital Insight's Web-based cash management system. Integration with make use of flexible XML-based interfaces to provide images of checks and deposit items.
December 1, 2006
Countrywide Bank engages Breakpoint LLC to help build Countrywide's web based cash management system.
Breakpoint's leadership will provide Countrywide the required strategic and industry expertise needed to build out the cash management suite of products. The agreement is wide ranging and will cover strategic reviews of existing systems, planned systems, and on-going projects. Breakpoint will assess the current portfolio of functionality and help set the priority of future projects to best meet the needs of Countrywide Bank and their customers. Breakpoint will also lead solution reviews to make sure all build/buy decisions are made only after considering all the technical and functional options and tradeoffs. Breakpoint's knowledge of the banking software space will help Countrywide Bank shorten and simplify the request for information (RFI) and request for proposal (RFP) process when it is needed. Breakpoint will also help lead the design of any applications that are built or customized.