Compliance

Bankers, technology CEOs and President Obama are throwing everything they have at countering the growing threat of cyber attacks, putting their faith in biometrics, tokenization and data sharing. But it's far from clear that it will be enough.

The Ohio Department of Commerce announced that Robert W. Rutkowski has been named deputy superintendent for credit unions. Rutkowski will begin serving his new post Feb. 23.

A recent research paper found that community banks' assets, along with market share in most types of commercial lending, have fallen since the Dodd-Frank Act was passed. The report is giving advocates of smaller institutions more data to rally around.

Fidelity Investments and Federated Investors are walking clients through major changes in the $2.7 trillion money fund business as banks fear another blow to funding.

In a wide-ranging interview, the head of the Cleveland Fed talks about her support for a two-tiered regulatory system, the biggest threats facing the system, interest-rate risk, culture and cybersecurity.

Gary Patton Hall Jr. hid underperforming and at-risk loans from the Federal Deposit Insurance Corp. and the bank's loan committee, the Federal Bureau of Investigation said in its indictment Thursday.

Paying for goods and services over the Internet in a variety of ways, from directly keying-in card details on ecommerce sites, to using online wallets, to paying with your phone, is more consumer friendly than ever.

Banks nationwide are finding ways to make mobile deposit capture available to more people and faster without taking on more fraud risk.

Sen. Elizabeth Warren said small financial institutions have continued to be profitable despite new rules under the Dodd-Frank Act while raising fresh warnings about unnecessary changes to the financial reform law in the guise of regulatory relief.

Visa Inc. now supports mobile geo-location technology to reduce transaction declines when consumers travel outside of their home area.