Compliance

As the threat of card not present (CNP) fraud continues to rise, a recent survey suggests many consumers are willing to take extra steps during a transaction to block online card fraud if their bank offered the option.

With even community banks getting hit by ransomware attacks, there's a long list of cybersecurity practices that bankers can expect their supervisors to scrutinize during upcoming exams.

CHICAGO -- In payments politics, it's difficult to imagine a topic that gets the blood flowing more than the EMV chip-card shift in the U.S.

Mike Barton, who for 17 years served as president of the Asset Management and Assistance Center at the National Credit Union Administration, is set to retire at the end of September.

CHICAGO -- Ask a group of consumers what's keeping them from using a mobile wallet and more than half will say it's not safe to do so.

Approximately 37 million adults in the United States — a number roughly equivalent to the population of California — do not have a checking account. Some of those individuals have never relied on traditional banking.

The 2016 general election is still more than two months away, but analysts are already speculating on how the compliance landscape might be impacted should Hilary Clinton or Donald Trump take the White House.

Swift is warning its member banks to quickly upgrade their software and security protocols for the global financial messaging system following a wave of new, recent hacks triggering more bank losses.

The National Credit Union Administration has issued prohibition notices for five individuals convicted of various crimes and restricting them from participating with any federally insured financial institution.

Silicon Valley Bank in Santa Clara, Calif., has hired Laura Izurieta as its chief risk officer. She will lead the company's risk management, corporate compliance and regulatory relations functions and serve on the executive management team.