Data and information management

The Trump administration is making more than 80 recommendations to encourage financial innovation within a regulated space, including endorsing the creation of a federal fintech charter.

The credit union service organization focuses on predictive modeling, business intelligence and technology services.

In a post-Equifax world, independent sales organizations, acquirers and payment processors are under much more scrutiny over merchant account applications and underwriting.

Banks should continually try out new technologies, even after failed experiments.

Merchants looking at third-party fraud services should also for detailed information regarding their modus operandi and results, including the steps they take to protect clients' data, according to Bernardo Lustosa, co-founder and COO of ClearSale.

A community bank in Virginia thought the $2.4 million hackers stole from its customers would be fully covered by its insurance policy, but its carrier begged to differ. Their highly technical legal fight is a cautionary tale for all bankers who assume they are sufficiently covered.

Small banks are being warned to slow down mobile tool development and check vendor arrangements, as researchers repeatedly find vulnerabilities that can be exploited by cybercriminals.

The ongoing threat of data breaches serves as a reminder that every business is subject to PCI DSS compliance, no matter their size. Any company that handles cardholder data in any way must adhere to PCI DSS standards, which can be time-consuming and expensive, writes Matt VanderZwaag, director of product development at US Signal.

Forget the stereotype that a cybercriminal has to be tech-savvy to get the job done. Their true gift is in social engineering.

Credit unions called on Congress to urge the Federal Communications Commission to rethink how it implents legislation aimed at combatting "robocallers."

The bank sees its global reach as an advantage in supporting evolving business customer needs.

The hack's core trick highlights an area of cybersecurity which is often neglected: hardware connected to computer networks which laymen wouldn’t normally consider a computer.

Banks should continually try out new technologies, even after failed experiments.

Rather than ban screen scraping, financial institutions should improve secure account connectivity so that consumers can share data with the apps they want to use.

Multifactor authentication is table stakes in today's breach-heavy environment. Falling short of that standard creates a dangerously high threat, according to David Vergara, head of security product marketing for OneSpan.

Europe's new data privacy rules have forced banks to get creative to protect sensitive data from in appropriate access or breaches.

Aggregate data from analytic and predictive modeling is helping State Employees' Credit Union improve delinquencies and other areas.

Within hours of learning about the breach, Brinker International, parent company of the Chili’s chain, issued a news release, website notice and social media advisories informing consumers and other interested parties of the incident, writes John Gunn, CMO of OneSpan.

The online lender hires Ronnie Momen from GreenSky as its chief lending officer; aggregators back Capital One in dispute with Plaid; bank CEO who gave mortgage to Paul Manafort uses fire-and-hire maneuver to reap windfall at taxpayer expense; and more from this week's most-read stories.

The regulatory relief law passed this spring contained a measure to stop synthetic fraud, but the provision is incomplete.