Carter Pape

In a report Tuesday, credit bureau Experian predicted that government identity systems could get an update in the coming year. Here's what else could happen.

While companies tend to amp up warnings to consumers about fraud and scams during the holidays, institutions may also need to bulk up their defenses.

The breach, which occurred earlier in November, did not directly impact customer operations, but a threat actor stole data meant for customers.

The five-part framework suggests both technical and governance solutions to protect consumers from losing money to scammers and fraudsters.

The bureau suggested this week that states should remove the exemptions banks enjoy from data privacy laws. California is a prime candidate to act.

The Treasury's financial crimes arm alerted banks to the dangers of AI-powered fraud, urging close monitoring and swift reporting of any suspicious activity.

Small and midsized banks fail to implement key oversight measures on their third-party vendors, something regulators implore they fix, according to research released Tuesday.

Adam Schiff, known as a pro-cryptocurrency lawmaker, has also introduced bills that would regulate "revolving door" employment at banking regulators.

The company disclosed the potential for legal action 'in the near-term' by the bureau in a recent earnings disclosure.

The agency said VyStar customers took on fees and credit report demerits because they could not access banking functions for months following an attempted upgrade.