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The breach at Expedia's Orbitz not only jeopardized nearly 880,000 payment cards — it cast a spotlight on the weaknesses all companies expose themselves to when they partner with another brand.
March 21 -
In the joint report with the Federal Trade Commission on debt collection practices, the CFPB said it had initiated four enforcement actions last year, had resolved one case and has five others pending.
March 21 -
Employees at the second-largest Indian bank falsified documents in a scheme that ultimately cost the institution at least $2 billion. Some argue a distributed ledger would have helped prevent or minimize the fraud.
March 21 -
Trump Bay Street, a New Jersey luxury apartment tower part-owned by Kushner Cos., received a $200 million loan from Citigroup, according to two people familiar with the deal.
March 21 -
The Federal Reserve raised interest rates by a quarter-point at its Wednesday meeting and more increases are expected this year. Here's what credit unions need to know to be prepared.
March 21 -
The CUSO hopes to create an industry-leading data platform that helps credit unions compete with fintechs and banks.
March 21 -
FIs say that an appeals court’s decision to ease restrictions will allow them to warn customers more easily when loans are past due or accounts have been compromised. But consumer groups argue that the decision gives financial firms license to market their products more aggressively and could lead to more harassing phone calls over unpaid debts.
March 21 -
The Fed's catalog lays the foundations for an invoice standard to accelerate the adoption of electronic invoicing by U.S. businesses, and boosts interoperability by avoiding the myriad standards found in Europe, writes Roger Hatfield, vice president of North America for CloudTrade.
March 21
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Visa has appointed Marcello Baricordi as general manager for Middle East and North Africa, replacing Ihab Ayoub, who has left the company for personal reasons.
March 21 -
The company will also sell $58 million in deposits to West Gate Bank.
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