Risk management

Two years ago, Ellen Richey became Visa's vice chairman and chief risk officer, propelled to this role by over a decade of work that fundamentally changed how the average consumer makes a payment. Richey plans to retire this summer, ending a 40-year career in law and risk management.

Wells Fargo CEO Tim Sloan said that the megabank has worked to address past issues and is equally committed to preventing new problems from arising, despite reports suggesting otherwise.

The lab works with more than 200 data scientists to create access to affordable credit and help financial firms match products to customers, the company says.

The CUSO will work with AffirmX, which provides compliance and risk management offerings, on product development.

The league will work with Quatrro Processing Service to provide member credit unions with access to emerging technologies to combat fraud.

Maria Teresa Tejada joined the bank Monday as chief strategic enterprise risk officer.

Leading a credit union can be exhausting. Implementing these best practices can help ease the burden.

The enforcement action from the OCC comes on the heels of a CFPB consent order that said USAA reopened customers' accounts without consent and neglected stop-payment requests.

A MAPS Credit Union executive told the House Financial Services Committee her institution is proof credit unions and banks can safely serve the legal weed space.

The Federal Reserve’s top regulator, who assumed the chairmanship of the international board in November, said the FSB should explain the rationale behind its financial benchmarks while establishing new ones to combat emerging threats.