Compliance

If dead men tell no tales, that makes identity theft of deceased account holders all the harder for card issuers to combat, particularly when the perpetrators are bank insiders.

Sen. Richard Shelby, R-Ala., has a limited window to move his regulatory reform legislation next year, after failing to secure passage for the bill as part of the budget fight.

The banking group, already irate over a plan to drastically change the timing of loan-loss provisions, is blasting remarks by FASB Chairman Russell Golden linking community banks to the financial crisis. FASB, meanwhile, said the comments were meant to be a criticism of current credit loss models — not banks.

Officials who assess how well banks lend and invest in their communities seem out of sync with the experiences of Main Street.

How can your company avoid missteps? By engaging with your shareholders in a constructive way. Dialogue between companies and shareholders — if approached in the right spirit — can yield valuable strategic insights and positively impact financial performance.

Despite increased investment and development in the consumer payments space around mag stripe, EMV and contactless payments solutions, there is still a huge concern when it comes to data theft.

2015 was the year EMV began taking hold at the point of sale, with effects that rippled through nearly all other payment channels. Here's a look at how the payments industry is adapting to the changes brought on by EMV-chip cards.

One of the more unusual financial crime stories of the year concerned two men who were charged with operating an illegal Bitcoin exchange through a now-shuttered New Jersey credit union.

FBI accuses two Florida men with operating illegal Bitcoin exchange through now-defunct New Jersey credit union.

Participants in an alleged credit card laundering scheme have agreed to settle Federal Trade Commission charges that they illegally helped provide access to payment networks, thereby enabling scammers to place bogus charges on consumers’ credit cards.