A memo sent to 175,000 employees gives them 60 days to complete the training.
Data breaches have become scarily commonplace. But even small financial institutions can take action to thwart hackers and minimize losses.
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The potential deal between the major card networks and merchants would see swipe fees reduced and capped for at least three years, pending approval by the U.S. District Court for the Eastern District of New York.
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The Consumer Financial Protection Bureau plans to release neutral credit card pricing data in the coming months to help consumers get the best deal, according to Director Rohit Chopra. Deceptive reward programs, late fees and data portability remain concerns, too, he says.
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Banks, especially big ones, have become too dependent on hidden-fee income. As the consumer credit market evolves toward greater transparency, the CFPB's rules will be the least of their problems.
Fraudsters are licking their chops at the thought of infiltrating person-to-person payment systems and enabling a never-ending flow of small-value transactions — with the potential to strike bigger accounts.
The store-branded credit card company revised its revenue guidance upward on the assumption that the CFPB's late-fee cap won't take effect before 2025. Still, Bread is moving ahead with plans to make up some of the revenue that it stands to lose from the contested rule.
The Federal Deposit Insurance Corp. cut between 600 and 700 of its employees as President Trump's federal downsizing effort advances, fueling concerns over oversight and potential agency consolidation.
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The lack of housing — particularly on the lower price range — is becoming an increasingly urgent political issue. But it's also a twisted bramble of tradeoffs that politicians are reluctant to touch.
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Nothing demoralizes a good employee like seeing managers tolerate a bad one.
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Reducing access to funding would harm both homebuyers and communities across the country.
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Skalicky has found new niches, including cannabis-related equipment financing, to grow her community bank.
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As chief credit officer, Chausse oversees credit quality on outstanding loans totaling about $50 billion.
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Kobjerowski has held a variety of positions at FNBO, and said the key to her success is staying curious and constantly learning.
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Stanley oversees 7,000 clients spanning six core businesses worth a combined $14 billion.
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The long-serving CEO's North Star is a commitment and dedication to the community.
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As part of a 10-year growth strategy, Reid is looking to reduce the average age of the bank's customers.
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The urgency for financial institutions to develop new systems to detect and prevent sophisticated fraud schemes is growing.
With the U.K. and U.S. giving a green light to the company's $22.7 billion scale-building deal to buy Worldpay, Global Payments has begun its integration strategy.
The 23rd annual ranking of women leaders in the banking industry.
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