Compliance

The smartphone can add significant security to payments, but it is also a tool that fraudsters can exploit. Researchers and scammers have already found several unique attacks that rely on mobile devices.

The Federal Housing Administration is reissuing a loan certification proposal that has sparked industry concerns that it will make it easier for the Justice Department to sue lenders when they file claims for agency-insured loans that go into default.

More than half of real estate agents are planning to extend their sales contracts to provide more time for the closing processing due to the coming implementation of new mortgage disclosures.

Symphony, the instant messaging service supported by fifteen large banks, says it will be ready to roll on Sept. 15 despite the objections of Sen. Elizabeth Warren and regulators who fear its encryption technology will impede supervision.

Pillsbury Winthrop Shaw Pittman LLP has named Marco Santori to head a team at the lawfirm that's focused on digital currency and blockchain technology.

Hoteliers, U.S. military brass and bankers are in very different lines of work, but they share at least one common concern—cybersecurity.

Linda Juhan and Karen Zunk-Wolf received the orders from the NCUA and will be prohibited from participating in the affairs of any financial institution that is federally insured.

Though a recent poll shows strong support among credit union professionals for Donald Trump's presidential candidacy, analysts caution that opinions could change greatly by the time the 2016 election rolls around.

In the digital age, financial data is both a commercial tool and a means of detecting criminal activity. This leaves multinational financial institution issuers, especially those that operate in both the United States and the European Union, at risk for fines and litigation.

After years of heated debate, NCUA Chairman Debbie Matz has announced the federal regulator will open up the methodology it uses to calculate the OTR to public comment. Here, CU Journal offers a look at how and why OTR was created, and how we got to this point.