Risk management

The certification covers compliance, risk and strategy expertise as the payments industry becomes increasingly digitized and global.

If the megabanks' Zelle person-to-person payment service takes off, it will serve as much as a blueprint for collaboration as it does for digital payments.

In her work as a data scientist for several payments startups, Afra Khan's key skill is leveraging fast-evolving technology tools to analyze consumer financial behavior and block fraud before it strikes.

Fraudsters have a strong desire to take over a consumer's accounts or create new accounts to commit fraud by purchasing clothes or shoes to resell or initiate other crimes or chargebacks.

The insurance company, facing regulatory scrutiny and lawsuits over a former sales relationship with Wells Fargo, said it may press its partner to cover costs after halting the sales.

The newest reputational threat has nothing to do with violations of regulations or ethical norms, but rather with the extreme polarization and activism spreading through the country.

When e-commerce fraud spikes, it can be tempting for merchants to pile on more controls and risk turning away otherwise legitimate transactions that appear to be fraudulent. The alternative is often to shut off these controls altogether and leave themselves vulnerable to criminals.

Trust and transparency can be strengthened and like-minded borrowers and banks can be brought together if transactions are “tagged” and investments are explained, argues Bruce Cahan, adjunct professor at Stanford University.

A key aspect of the job for security leaders at retailers is to present cyber risk threats to boards and top executives in terms they understand. Bay Dynamics says the best way to do that is through the common language of dollars and cents.

You’d think financial institutions and retailers in the U.S., with a long list of EMV migration examples to look to in other countries, would have been prepared for fraudsters shifting their attention to e-commerce after security improved at the point of sale. But e-fraud is on the rise, so what's happening?

The scenario where someone uses a check's "float" to purchase something before they have the funds is still more common than many people think, according to the founders of Float, a startup that sends emergency "credit" to a consumer's debit card.

When there’s talk of Amsterdam, many people immediately conjure up the skunky smell of marijuana emanating from coffeeshops. And they wouldn’t be wrong.

The information giant agreed to buy two data businesses from the DTCC as regulators' demands for transparency fuel calls for shared industrywide solutions.

Now that the second holiday season has passed since the U.S. deadline for EMV migration, acquirers are taking stock of the damages that merchants incurred this year to determine the effect of the new technology.

The president’s vow to impose a 20% tax on Mexican imports could make life harder for the Citigroup-owned unit, which is Mexico’s second-largest bank.

Bloomberg News conducted interviews and reviewed public statements to discover what each major bank is now planning in the wake of Brewxit.

Andrew Lo straps sensors to traders and watches how their pulses and body temperatures change when markets dive or trades go bad. The technology could be used elsewhere in a bank to address problems before they escalate.

While bankers feel more positive about the environment since the election, taking advantage of the new environment is what’s really important.

Fraudsters are licking their chops at the thought of infiltrating person-to-person payment systems and enabling a never-ending flow of small-value transactions — with the potential to strike bigger accounts.

Fifth Third and other regionals have ditched what they deem to be high-risk commercial loans in hopes of strengthening credit quality over the long term.