Compliance

An organized crime ring in Eastern Europe has orchestrated sophisticated cyber and physical attacks that have drained millions of dollars from banks in Russia, and FIs in other countries could be targeted next.

The massive data breach impacted nearly half of all Americans, and credit unions will now need to be on guard for a variety of fraud types that could arise as a result.

An organized crime ring in Eastern Europe has orchestrated sophisticated cyber and physical attacks that have drained millions of dollars from banks in Russia, and banks in other countries could be targeted next.

The credit union regulator proposed a budget increase of 2.1% for 2018 and 1.5% for 2019, but expects net reduction of nearly 60 employees by 2019.

Bottomline Technologies is introducing a set of APIs for its corporate customers in accordance with the U.K.’s new Open Banking policy and Europe’s Payment Services Directive (PSD2).

It's a question many banks are already confronting head-on as they implement new technologies designed to make compliance easier.

Equifax Inc. has seen no evidence that the cyberattackers who got access to sensitive information on 145 million U.S. consumers worked for the company, former Chief Executive Officer Richard Smith said.

Day two of Equifax hearing focuses as much on business model as on the data breach; Fed chair again says she supports bank rules that are not "unduly burdensome."

Tel Aviv is home to some of the world's top cybersecurity talent, the bank said.

George Sutton, now an attorney in Salt Lake City, will sit on several Glacier Bancorp committees, including audit and compliance.