-
Individual victims of the data breach could get up to $3,000, but most will see around $20, possibly less. The breach also affected fintech partners.
April 3 -
The state's banking commissioner said the married founders of Valuex Research and Valuex Fintech used investor money for rent, plastic surgery and shopping instead of funding a promised investing tool.
April 2 -
A new survey shows banks overwhelmingly support state laws that let them pause transactions to prevent elder financial abuse, despite shortcomings.
March 31 -
The bank's new Seattle hub will focus on artificial intelligence, generative models, and cloud innovation, close to partners like AWS and Anthropic.
March 28 -
Scambaiting, which started as a genre of YouTube content, is now a full-blown tech tactic — with support from Australia's biggest bank.
March 27 -
Trade groups representing banks and utilities urged lawmakers to reauthorize the CISA law before it expires in September.
March 24 -
The breach occurred through a vulnerability in third-party file transfer software, and it took weeks for the bank to discover it.
March 20 -
Google Cloud trails Amazon and Microsoft in market share and is looking to catch up by trying to be one of multiple providers that companies use.
March 19 -
The hires, meant to shore up a division that has not been as tech-forward as leadership would like, have included Morgan Stanley and J.P. Morgan veterans.
March 18 -
The card network said it saved would-be victims $350 million in the first year after it combined several crime-fighting units.
March 17 -
Both consumers and banks reported that the rate of fraud and scams has steadied, according to Fincen and FTC data, but the total cost continued rising.
March 13 -
The country's central bank cited geopolitical uncertainty and the increased reliance on digital payments as a reason to focus on offline payments as a backup. Also, a look at U.K. bank outages and other news in American Banker's global payments and fintech roundup.
March 12 -
A new order requires certain non-bank financial companies in certain ZIP codes to report transactions over $200, much lower than the previous $10,000 threshold.
March 11 -
The National Institute of Standards and Technology is standardizing a second encryption algorithm to bolster protections against quantum threats.
March 11 -
Lloyds Banking Group said its system reduces false security alerts by up to 92%, and AI developments could further improve its performance.
March 5 -
Secretary of Defense Pete Hegseth's decision to halt operations against Russia could weaken intelligence important to banks defending against attackers.
March 4 -
The alleged ringleader and 23 others face charges in a bank fraud scheme spanning three south-central counties.
February 28 -
The bank is partnering with the fraud protection platform to offer tools to help clients — especially older adults — avoid scams and financial mistakes.
February 26 -
Big banks are investing in quantum computing. What does that mean for the future of finance? And, more importantly, will they ever become useful?
February 25 -
Lazarus Group, hackers based in North Korea, tricked Bybit CEO Ben Zhou into approving a transfer of 400,000 ethereum tokens from his company's cold wallet.
February 24
