Compliance

While biometric authentication has garnered significant attention in recent months, its actual application in face-to-face environments has seen slow adoption to date.

Identity management software company BioConnect is partnering with biometric security technology startup and Wells Fargo incubator participant EyeVerify on authentication services that includes eye scans and vein recognition.

Financial institutions offering checkless checking is trending, and checkless checking accounts—as part of the FDIC’s 2011 Model Safe Accounts Pilot—appeared to perform well among the underserved consumer participants.

This week looks to be light on the compliance front for credit unions, although reflection on new statements from the Federal Reserve and close eyes on election season hitting the homestretch are on the agenda.

WASHINGTON — Rep. Carolyn Maloney, D-N.Y., sent a letter to federal regulators Monday requesting an analysis of bank trading data that is being collected as part of the Volcker Rule.

First NBC’s annual report disclosed a full-year loss, lower capital levels and a spike in nonperforming loans, leaving outsiders to ponder how long it will take for the company to get back on track.

The era of banks and fintech companies cozying up to each other is in full bloom. Fintechs realize they can better disrupt the industry from within, while banks are looking for partners to help them navigate the digital world. Here's a look at how banks worldwide are buying, investing in and in some cases lending to fintech firms.

Hillary Clinton's proposal for regulatory relief for smaller banks and CUs largely tracks with ideas already discussed, but her backing could keep alive the momentum for a reg relief plan should she win in November.

Hillary Clinton's proposal for regulatory relief for smaller institutions largely tracks with ideas already discussed, but her backing could keep alive the momentum for a reg relief plan should she win in November.

The son of a Russian lawmaker was convicted of orchestrating a global hacking bonanza in what a U.S. prosecutor called one of the most prolific credit card trafficking schemes in history.