Fort Knox in-the-News

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To Counter Fraud, A Bank Offers the Opposite of Easy Access

Date: November 6, 2025

Financial institutions and their customers face a tough battle in the fight against fraud. “The consumer and the bank have to be right 100% of the time,” says Erik Beguin, CEO and founder of $504 million Austin Capital Bank. “The fraudster has to be right just once, and the money’s gone.” It’s a problem Beguin […]

‘Unhackable’ savings account promises tighter security against modern banking scams

Date: August 14, 2025

A new kind of savings account built to stop fraud before it starts is now available nationwide. Fort Knox Bank’s High-Security Savings Account, developed by Austin Capital Bank, removes passwords entirely and uses biometric identity verification with proprietary Closed-Loop technology to keep criminals out. The launch comes at a time when U.S. consumers are facing […]

The Bank That Thinks Like a Tech Company: How 50+ Engineers Are Redefining Security

Date: July 29, 2025

What if your savings account was so secure that even your account number couldn’t be used to steal from you? That’s the kind of question Austin Capital Bank is answering; Not by thinking like a traditional bank, but by operating more like a tech company. In her debut interview on Travillian Next, Amber Buker, Chief of Research […]

Austin Capital Bank Debuts Fort Knox High-Security Savings Account

Date: July 28, 2025

AUSTIN, Texas, July 24, 2025–(BUSINESS WIRE)–Austin Capital Bank®, a leader in digital banking products serving more than 1 million users nationwide, announced the launch of the Fort Knox® High-Security Savings Account (HSSA). Built from the ground up with an uncompromising commitment to security, it creates a new industry standard for protecting consumers’ life savings in an increasingly vulnerable […]

Austin Capital Bank Debuts Fort Knox High-Security Savings Account To Fight Rampant Bank Fraud

Date: July 25, 2025

AUSTIN, Texas–(BUSINESS WIRE)–Austin Capital Bank®, a leader in digital banking products serving more than 1 million users nationwide, announced the launch of the Fort Knox® High-Security Savings Account (HSSA). Built from the ground up with an uncompromising commitment to security, it creates a new industry standard for protecting consumers’ life savings in an increasingly vulnerable digital world. The […]

New high-friction savings account designed to fight fraud

Date: July 24, 2025

Austin Capital Bank launched its high-friction Fort Knox High Security Savings Account today to slow down fraud. The savings account, delivered as an app, has been in the works for five years and is designed to foil fraudsters, Chief Executive Erik Beguin told Bank Automation News. The Fort Knox High Security Savings Account (HSSA) app, […]

High Security Savings? Fort Knox Account Aims to Shield Customers From Fraud

Date: July 24, 2025

This new savings account is designed to make it inconvenient for you – and fraudsters – to move your money. And it pays interest. Is it worth making the switch? Scammers are increasingly defrauding consumers by either illegally obtaining their account information or deceiving them into making rash decisions. American consumers lost $12.5 billion to […]