Compliance

The leak of documents from the surveillance software and "ethical hacking" firm Hacking Team revealed that some foreign banks were clients. Had any U.S. banks been on the list, the last two weeks would have been … interesting.

The Consumer Financial Protection Bureau's massive collection of consumer data continued to raise concerns with lawmakers on Wednesday despite assurances from the agency's director that the data is anonymized.

Treasury Deputy Secretary Sarah Bloom Raskin told a group of bankers that law enforcement and regulators need to declassify more information so banks can protect themselves.

Most banks ask executives to coordinate a vast patchwork of regulation in addition to managing their day jobs. They'd be better off putting one person in charge of regulatory communication, remediation and coordination.

Biometrics are a catalyst to streamline authentication, though the technology contains a vulnerability that Payfone thinks it can solve with the SIM cards that match consumers to a computing device such as a smartphone.

Struggling to win business in the age of QM, Impac Mortgage has relaxed underwriting requirements in hopes of attracting borrowers many other lenders won't touch.

Monica Hughes Davy is new director of the OMWI following a six-month search.

Small Pennsylvania credit union is fourth closure of 2015.

Any merchants or businesses handling payment and other sensitive data while using a Windows Server 2003 network will need to take precautions when Microsoft ends it support for that platform on July 14.

Hershey Entertainment and Resorts' payment systems were infiltrated earlier this year, potentially exposing cardholder data, the entertainment and resort company disclosed July 10.