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A recent federal road map helps banks implement a security model where no user or device is trusted automatically ā a drastic departure from legacy systems.
By Carter PapeJune 12 -
Shell companies, stablecoin and a Bahaman bank that took orders from a gang of fraudsters all took part in a scheme that bilked U.S. victims of millions.
By Carter PapeJune 10 -
A coalition of trade groups urges federal agencies to match private-sector cybersecurity standards.
By Carter PapeJune 9 -
A new executive order reverses digital ID initiatives, fraud alerts and federal data-sharing plans from which banks stood to benefit.
By Carter PapeJune 9 -
Speakers at American Banker's Digital Banking Conference discussed financial technology trends including digital assets, cybersecurity and open banking.
June 5 -
Two bankers detailed how artificial intelligence is transforming fraud detection and incident response for their institutions. The technology lets analysts ask datasets direct questions.
By Carter PapeJune 4 -
Brian Minick, who is in charge of cybersecurity for the bank, shared important cyber insights at an American Banker conference this week.
By Carter PapeJune 3 -
The incident affected 7,500 people. The bank resolved the matter in less than a day.
By Carter PapeMay 30 -
Although the Trump administration is abandoning the CFPB's rule 1033, there are still a number of security standards to follow.
By Carter PapeMay 30 -
When a card gets canceled or expires, Visa, Mastercard and other networks send replacement information to merchants. This can be a problem for consumers.
By Carter PapeMay 29