Compliance

The regtech firm Arachnys, which recently raised $10 million from QED Investors and others, draws from a collection of 23,000 data sources to help banks protect themselves from money launderers and other criminals.

The worldwide week-long celebration of credit unions will include two NCUA board meetings focused on issues that have impacted the last five years and could set the stage for the remainder of the decade.

Federal regulators shuttered the institution, which had just $3 million in assets, after it became insolvent with no viable path forward.

Cross-border e-commerce is seeing explosive growth, driving a race among payment providers and acquirers to equip online sellers with the technology to accept any kind of payment in virtually any region. Credit and debit cards are the dominant payment type North American merchants accept, but are much less common elsewhere.

To remain competitive, retailers must always have one eye on the future. Mobile wallets offer a strategic platform for retailers to harness and promote emerging payment models, writes Julian Wallis, retail director at Rambus.

The Federal Reserve System is trying to be proactive in these and other high-profile areas, offering educational materials and coaching to bank execs and directors, according to supervision officials at the St. Louis and Richmond Fed banks.

A California man who says he unwittingly helped Russia conduct a disinformation campaign on social media before the 2016 U.S. presidential election has been sentenced to six months in prison and another six months of home confinement.

For bankers and network providers, it’s a given that moving to a real-time payment system like Zelle will lead to an increase in fraud attempts. Here's a look at the ways they're fighting back.

Jones Methodist Church Credit Union has been ordered to address "unsafe or unsound practices" following nine years of losses and other problems.

The cryptocurrency boom has encouraged attackers to expand their focus from other methods such as utilizing malware to steal data and impose ransoms or launching a disruptive DDoS attack, to employing tools and techniques to gain access to the computing power of enterprises to generate cryptocurrency payouts, writes Carolyn Crandall, chief deception officer at Attivo Networks.