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 at Travillian, sits down with Erik Beguin, Founder and CEO of Austin Capital Bank, to dig into the launch of their latest innovation: Fort Knox, a high-security savings account engineered to be fraud-resistant by design. Instead of competing in the high-yield arms race, Erik and his team are creating a whole new category, one that prioritizes safety over speed and uses product design to outsmart fraudsters. Backed by a 50-person engineering team and built to withstand quantum-era threats, this conversation rewrites what a “community bank” even means.

…continued at: https://www.travilliannext.com/tech-innovation/fintech/thinks-like-a-tech-company/

Articles

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 […]

Read more

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, […]

Read more

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 […]

Read more

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 […]

Read more