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Pious claims about the importance of free data are a smoke screen. What the fintech industry really wants is to stick banks with the bill for organizing, securing and delivering customer data on their behalf.
September 12 -
A 2024 hospital ransomware breach highlights what Wyden calls Microsoft's systemic failures, urging the FTC to take action.
September 11 -
From FedNow to Venmo, banks are tapping QR codes for speed and security. Scammers are also exploiting the blind trust they elicit.
September 10 -
Researchers warn the Android banking trojan can steal money, drain crypto wallets and enable NFC relay fraud.
September 9 -
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The Office of the Comptroller of the Currency is telling financial institutions that they must safeguard customer data even when federal agencies request information in criminal investigations, addressing Republican concerns about debanking that arose after the Jan. 6 Capitol attack.
September 8 -
Predators often target boys ages 14 to 17, demanding money or using deepfakes to extort them.
September 8 -
A critical U.S. cybersecurity law sunsets Sept. 30, and banks say losing it would weaken defenses against hackers.
September 6 -
The database contained internal user emails, KPI report templates and other internal data, but no personal or financial customer data.
September 4 -
The American Fintech Council urged a federal court to deny requests by banking groups to stay the Consumer Financial Protection Bureau's open banking rule compliance dates while litigation is ongoing.
September 3