Inside the White House with D.C.'s most wired reporter. Sign up for Mike Allen's Axios AM.


Smart speakers present new banking option

The Apple Homepod
The Apple homepod on display. Photo: Josh Edelson/AFP via Getty Images

"Big banks and financial companies have started to offer banking through virtual assistants — Amazon’s Alexa, Apple’s Siri, and Google’s Assistant — in a way that will allow customers to check their balances, pay bills and, in the near future, send money just with their voice," AP's Ken Sweet reports.

The problem: "Virtual assistants and smart speakers are still relatively new technologies, and potentially susceptible to being exploited by cyber criminals. ... All banks require the use of a four-digit PIN before they will provide balance and bank account info over these speakers, and suggest making those PINs different from the one on a customer’s ATM card."

More stories loading.