Compliance

Since the growth of online retail, payments providers and acquirers have wrestled with the ethical questions and the risks surrounding gun sales, marijuana shops, pornography sites and other businesses that carry a stigma.

In a report on the need for financial regulators to improve their data security efforts, the U.S. Government Accountability Office called for NCUA to have the authority to examine credit unions' third-party technology providers.

As the United States begins its efforts to reduce credit card fraud by transitioning to EMV, another type of card—the online gift card—could see its fraud risk skyrocket.

On top of dealing with cyber threats and other potential dangers to banks, CROs are deeply involved these days in discussions over investing in new products and business lines.

Bank regulators should improve their collection of data on information security incidents at financial institutions and facilitate better information-gathering about industrywide cyber threats, the U.S. Government Accountability Office said Thursday.

BOK Financial has hired Glenn Brunker to oversee mortgage operations and manage the bank's transition to a new federally-required consolidated mortgage disclosure regime.

Multiple banks are reporting fraudulent activity on cards used at hotels owned by real estate magnate, reality TV star, and now controversial presidential candidate Donald Trump.

NCUA has scheduled two training events this summer, one on regulatory compliance and the other on federal contracting for minority and women business owners.

The former FDIC chairman said during a recent conference call that banks with a traditional model — essentially community banks — have been hurt by the Fed's interest rate policy and the trickle-down tactics of regulation.

Cyber threats or fraud may present bigger direct risks to banks, but many chief risk officers spend enormous amounts of time on the more tangible concern of keeping up with ever-growing regulatory expectations and requirements.