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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 -
As real-time payments become more common, UBB's partnership with fintech Pidgin offers a roadmap for smaller banks to stay relevant.
By Carter PapeMay 27 -
As the class action lawsuit settlement industry became overwhelmed with fraud, a bank and a fraud scoring company teamed up to fight back.
By Carter PapeMay 23 -
Jackie Reses stirred debate by dismissing debanking as largely fictional during a Tuesday summit attended by many crypto-focused fintechs.
By Carter PapeMay 21 -
Whether in fake ads or misleading documents, anywhere fraud might be happening on Google, banks have a new way to quickly shut it down.
By Carter PapeMay 21 -
Despite a low overall threat level for the sector, experts say banks face evolving risks from AI-enabled fraud and state-sponsored hacking.
By Carter PapeMay 19 -
Bribed overseas contractors accessed internal systems, triggering a monthslong breach with costs reaching up to $400 million.
By Carter PapeMay 16 -
As banks face mounting check fraud, a newly unsealed indictment reveals how one criminal ring exploited weak spots in the system.
By Carter PapeMay 14 -
Aspire USA, part of Valsoft and AllTrust, took over a year to notify victims of a February 2024 breach. The companies aren't sure what data was stolen.
By Carter PapeMay 13 -
The 29 companies that made this year's list offered flexible work schedules, generous amounts of paid time off and fun activities to keep employees happy.
By Carter PapeMay 13 -
The man who blew the whistle over the incident says the bank fired him in retaliation for reporting what he called a "significant security breach."
By Carter PapeMay 9 -
Experts warn that stopping modern scams requires more than AI. It takes human oversight, customer engagement and cross-industry collaboration.
By Carter PapeMay 8 -
The bank partnered with fraud prevention company Threat Fabric to create a taxonomy the companies hope will make it easier to communicate about fraud.
By Carter PapeMay 6 -
U.S. Bank and Wells Fargo attorneys say cyber governance is now a legal duty for corporate boards, not just a security staff issue.
By Carter PapeMay 1 -
Safely disposing of cocaine, sending dogs chasing laser pointers and other unorthodox lessons in maintaining levity in a high-stress job.
By Carter PapeApril 30 -
The bank's chief technology risk officer details the journey the bank has taken over the last six years, and why it set out to get rid of passwords.
By Carter PapeApril 29 -
As criminals embrace new tools to exploit payment systems, Visa reports that older methods like enumeration and digital skimming are still thriving.
By Carter PapeApril 24 -
The acquisition brings Demyst's data orchestration tools to Feedzai's platform, a move aimed at reducing financial crime and improving compliance in banking.
By Carter PapeApril 23




















