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A power outage and hardware failure at fintech FIS last week delayed deposits and payments at 27 banks, including Capital One.
By Carter PapeJanuary 21 -
A security researcher found a database exposing names, addresses, and bills apparently belonging to Willow Pay, a fintech for short-term financing on bills.
By Carter PapeJanuary 21 -
The order calls on federal agencies to support more forms of digital identity documents and could lead more states to adopt digital driver's licenses.
By Carter PapeJanuary 16 -
Banks must comply with a European Union law known as DORA by Friday. The law aims to improve cybersecurity and reduce tech failures in financial services.
By Carter PapeJanuary 15 -
A new AI regulation framework limits U.S. chip and software exports. Bank vendors are among the tech giants that say it's poorly timed and threatens innovation.
By Carter PapeJanuary 13 -
Amendments to New York's cyber rules — and a focus on privacy in California — mean banks must enhance risk controls, encryption and customer protections.
By Carter PapeJanuary 13 -
Modeled after Energy Star, the Cyber Trust Mark will label smart devices that pass federal cybersecurity standards.
By Carter PapeJanuary 8 -
According to an order by the SEC, the bank negligently under-reported what it knew about a data breach and ransomware attack it suffered that year.
By Carter PapeDecember 17 -
Data breaches in 2024 exposed billions of records, impacting financial firms, banks and consumers alike.
By Carter PapeDecember 16 -
Upbound currently focuses on lease-to-own products. Brigit will help it expand its offerings, but the fintech faced an FTC complaint last year.
By Carter PapeDecember 13