Many banks can't say what software their IT provider runs. Only 58% of community and midsize banks even hold the right to audit that vendor, a survey found.
August 13
8 Min Read
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It's not just about AI and the bank is not walking away from its green goals, Karen Fang, the initiative's leader, told American Banker.
August 13 -
The company, which says it serves 93% of credit unions, expects most key processes to run by mid-August. Its status page still said "Investigating" Wednesday.
August 12 -
The banking regulator is in early discussions with trade groups to build an organization for certifying tech providers that pass voluntary due diligence checks.
August 12 -
Santander's employee data was breached. Credit unions that were never breached are suing over the cards they had to reissue.
August 12
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