BankThink

Politics not considered, a spokesman said in response to Dudley’s call for the Fed to stop enabling trade war; the agency lifts a two-year hiring freeze.

Its approach appears to exclude retailers and small business owners––the very commercial market that would stand to benefit the most from Libra’s social mission, says HotNow's Nithinan Boonyawattanapisut.

There are several ways attackers take advantage of payment systems. Understanding that is part of the battle, according to Bill Horne of Intertrust Secure Systems.

As branches in remote areas disappear, banks run the risk of losing business to fintechs.

An economic downturn is likely to force industry consolidation; the legit firms only offer borrowers things they can get for free, while others are scams.

Sherry Comes, managing director in conversational AI at Deloitte Consulting, says banking in the future will take place through a home, car or phone speaker.

Not only does it illustrate the willingness of regulators to impose massive fines for massive data breaches, it also reminds us that this situation could be just the tip of a financial iceberg, says White Hat Security's Mark Rogan.

Blockchain and distributed ledger technology offer many of the basic elements that are essential components for PCI DSS compliance, writes Doug Wick, chief product officer at ALTR.

Crypto technology will play a major role in the central bank's real-time payments system.

The banks considered an “unusual” investment banking merger; Volcker rule win will be followed by fights on capital rules, liquidity and stress tests.