Compliance

NCUA staff is already working on a new regulation that would easing access to capital, something many CUs have suggested should have happened before — or at least the same time as — RBC was established.

Bankers are increasingly concerned that an optional cybersecurity assessment tool released by regulators this summer could soon become mandatory.

NCUA on Friday placed tiny Helping Other People Excel Federal Credit Union of Jackson, New Jersey, into conservatorship. The move comes on the heels of the CU being embroiled in an alleged Bitcoin money laundering scheme.

Financial instituitons are increasingly concerned that an optional cybersecurity assessment tool released by regulators this summer could soon become mandatory.

The Federal Reserve Bank of Chicago has promoted Shonda Clay to executive vice president and product manager, a role in which she will also support the Fed's faster payments initiative.

As mobility has become embedded in the world’s cultures, issuers are feeling the heat to create their own mobile apps, but in an era of non-top data breaches and increasing identity theft, security fears abound.

MasterCard's Craig Vosburg is trying to improve the quality of life in cities around the world.

Some 75% of chief information officers plan to increase spending on security technology next year, with many anticipating jumps in security budgets of 20% or more.

After five years of stop-and-go study, three drafts and a hotly contested debate that failed to resolve the fundamental question of whether it possesses the authority to act, the three-member National Credit Union Administration Board of Directors passed a controversial risk-based capital plan in a split vote Thursday.

New York's state banking regulator may have set down rigorous guidelines for the Symphony online messaging service. But will the rules actually work, and will other agencies will adopt similar guidance?