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The decision is a blow to Facebook's digital currency plans; the reduction is the bank’s “most ambitious attempt to rein in costs in years."
October 7 -
Crooks can impersonate IRS officials, tricking people into using gift cards to pay for a fake penalty, says Chargeback 911’s Monica Eaton-Cardone.
October 7
Chargebacks911 -
Demand for a user-friendly way to shop and pay for tailored products requires action from those that want to stay ahead of the digital curve, says KBMax's Kris Goldhair.
October 4
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FDIC Chairman Jelena McWilliams reaches out to tech pros to bring fresh ideas to the agency.
October 4
Federal Deposit Insurance Corp. -
The company was the only no-show at the gathering of Facebook’s payments partners; HSBC was fined $650,000 for violating swaps risk management rules.
October 4 -
Instagram understands it’s not just about giving users what they want, but also when they want to see it.
October 4
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States are just beginning to regulate cryptocurrency as a credit collateral for lenders. More can be done.
October 3
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Good customer service, layered with new technology, gives community banks an advantage over big banks.
October 3
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Rohan Ramchandani claims in lawsuit Citigroup singled him out to protect itself; three federal agencies now back almost $7 trillion in mortgage debt.
October 3 -
Elder financial exploitation is a vast and growing problem in the U.S., and one that presents difficult policy challenges for law enforcement and banks.
October 3




