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The agency has earmarked all funds from a Hurricane Harvey recovery package for direct relief, despite calls to get more bankers involved in the process. It remains to be seen how the agency will handle the cleanup for Hurricane Irma.
September 11 -
The FBI and at least two states are looking into the data breach; Harvey shut lots of banks, but mobile banking apps keep customers operating.
September 11 -
First Data is one of many payments companies working to get its customers back up and running in the wake of the severe storms, but it's also a victim — its center in Sugar Land, Texas, suffered flooding, causing the Atlanta-based company to set up operations at a hotel in Houston for 400 staff.
September 11 -
The gig or sharing economy has transformed and disrupted the global workforce. It has redefined what we should expect from our payments, writes Ralph Perdomo, a research analyst and writer at Nvoicepay.
September 11Nvoicepay -
Everybody say it with me, “Customer data is a liability.” And the Equifax breach shows why.
September 8American Banker -
Leaders of the national credit union trade associations are once again calling for a congressional solution to a problem that has plagued consumers for years
September 8 -
In order to compensate victims of the breach, Equifax is offering free credit monitoring services that include a mandatory arbitration clause, a measure Democrats were highlighting to lobby support for the CFPB's rule banning such clauses.
September 8 -
One lawsuit has already been filed against Equifax in the wake of its massive security failure. But that’s the just beginning of the consequences for the credit bureau and the Fis that use it.
September 8 -
One lawsuit has already been filed against Equifax in the wake of its massive security failure. But that’s the just beginning of the consequences for the credit bureau and the banks that use it.
September 8 -
Credit bureau says records of 143 million consumers were compromised; state agency penalizes Habib Bank for enabling terror financing.
September 8