Compliance

Former employees at First Horizon Bank and M&T Bank committed crimes by misappropriating customer data and stealing money from a customer's bank account.

The companies have signed a new data-sharing agreement that includes an undisclosed pricing structure. Plaid said it will not pass the new costs on to its clients.

SMS-based multifactor authentication is now so badly compromised that it has become a major vector for fraud. But there's a potential solution, and it's in every bank customer's pocket.

When JPMorganChase said it planned to charge aggregators for its customer data, it sparked strong feelings on all sides.

A 2024 hospital ransomware breach highlights what Wyden calls Microsoft's systemic failures, urging the FTC to take action.

From FedNow to Venmo, banks are tapping QR codes for speed and security. Scammers are also exploiting the blind trust they elicit.

Researchers warn the Android banking trojan can steal money, drain crypto wallets and enable NFC relay fraud.

Predators often target boys ages 14 to 17, demanding money or using deepfakes to extort them.

A critical U.S. cybersecurity law sunsets Sept. 30, and banks say losing it would weaken defenses against hackers.