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Ellen Alemany stays the course on CIT's turnaround strategy; Robin Rankin of Credit Suisse talks about when investment banks should re-enter emerging markets; and Sallie Krawcheck talks about the opportunity for career women to become entrepreneurs.
May 5
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Requirements that banks share anti-money-laundering information should extend to fraud and cyber risks, to connect the dots between bad actors and their transfer of money.
May 5
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Students with excess cash but no bank account have fallen victim to predatory financial vendors, but the government can take steps to bypass the middleman.
May 5
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A recent spate of cyber-attacks leveraging POS (Point-of-Sale) malware against big retailers is drawing attention to a relatively new malware strain called "multigrain."
May 5
MWR -
The hits that alternative lenders like OnDeck Capital are taking shouldn't be a surprise for an industry built on unsustainable business models.
May 4
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With agencies created by the Dodd-Frank Act embroiled in court battles and continued questions dealing with "too big to fail," can anyone honestly say the reform law is working?
May 4
Whalen Global Advisors LLC -
Although complete migration to EMV is expected to take up to seven years, CNP (card-not-present) merchants will struggle with increased fraud as criminals shift online to more vulnerable remote payments.
May 4
Verifi -
De-risking can be curbed with tools that help lower the cost of complying with anti-money-laundering rules but do not sacrifice the effectiveness of controls.
May 3
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As banks nationwide trim their branch personnel, they must also make sure the remaining staff in their brick-and-mortar stores know what they are doing.
May 3
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Financial institutions that succeed in attracting more millennial users to bill pay are positioned for future success, and targeted outreach to this demographic could reap solid results.
May 3
Fiserv