BankThink

The digital migration caused new risks, and new responsibilities for security professionals.

Fake fundraising or phony customer service tricks people into handing over money or account details, Yinglian Xie of Datavisor writes.

Small businesses are desperately trying to borrow what’s left in the fund from overwhelmed banks; lenders would be required to disclose their risks from climate change.

So far, mostly larger businesses are embracing digital payments, says Avidxchange's Cameron White.

It is time for banks to figure out their role in the future financial ecosystem to avoid becoming a casualty of the creative destruction process.

The crash came after China’s central bank warned financial institutions about accepting digital currencies as payment; ComplyAdvantage uses machine learning to ferret out potential risks.

Regulators must urgently usher the unbanked or underbanked individuals into the wider financial ecosystem as they continue to craft open banking rules, says FISPAN's Clayton Weir.

Federal Reserve Vice Chair Randal Quarles has made it clear that banks failing to make the transition away from the benchmark rate could face supervisory consequences.

The next step for retailers is to bring consumers the benefits and experience of being in store, from the comfort of their home, says FIS' Dan Brames.

Co-leaders Marianne Lake and Jennifer Piepszak are now seen as the main potential successors to CEO Jamie Dimon; the pay raise, from $20 currently, would take effect by 2025.