Data and information management

Big data is a key for banks to better understand what financial products underbanked consumers and small businesses need.

The beneficial ownership regulation, meant to catch financial criminals, has produced data that is useful in making small-business loans, LexisNexis Risk Solutions says.

Verizon's 2017 data breach investigations report reads like a psychology playbook: If you keep pounding on the same information and calls for action, some of it has to sink in at some point. But that point hasn't arrived yet.

The bank has quit the R3 consortium, whose tech decisions were at odds with its own.

As restaurant security issues mount, it's important to have a set of sophistiated tools that can mitigate and respond to fraud, writes John Christly, global CIOS of Netsurion.

Verizon’s Data Breach Investigation Report finds cybercriminals are focusing their efforts on banks’ web servers and websites.

The global messaging network Swift and its fintech challenger, Ripple, have been vying for bankers’ hearts and minds for more than a year. Whoever prevails, their latest moves could bring needed change to how international banking is done.

The bank uses machine learning to customize content in real time on its website for every user, based on their behavior during their session.

The startup Dave (just Dave) sells an app that forecasts short-term bank balances and sends users small-dollar advances when necessary, part of a wave of efforts to improve consumers’ financial health using digital tools.

Dwolla and Plaid are collaborating to add protection to Automated Clearing House payments.

Payments and financial services technology are still stuck in yesteryear, chained to paper and dangerously prone to fraud, according to Matt Streisfeld, a principal at Oak HC/FT.

Attacks on ATMs and point-of-sale machines are getting more sophisticated and frequent. Crooks are trying to get as much use as they can out of their skimming devices before the migration to chip cards is complete.

False IDs are complex and difficult to spot. A combination of biometrics and other advanced security tecnology is needed.

Readers sound off an attempt to block prepaid regulations, threats to consumer privacy, FSOC’s political bent, the proper use for SARs, and more.

Attacks on ATMs and point-of-sale machines are getting more sophisticated and frequent. Crooks are trying to get as much use as they can out of their skimming devices before the migration to chip cards is complete.

Unlike other “suspicious activity report” categories, a new proposal to add a “cyberevent” category would require institutions to detect and report digital mischief whether directed at a customer’s account or the bank itself.

There are several steps necessary to contain, assess and report an incident that should precede further action.

Bottomline Technologies, which specializes in business payments, is the latest to introduce a fraud-fighting solution for members of the Swift payment network.

Bank earns $75 million for saving Bass Pro Shops's acquisition of rival outdoor retailer; Trump to name Randal Quarles as Fed's vice chairman for bank supervision.

Leaked documents appear to show NSA analysts were able to hack into Middle Eastern banks’ servers through the Swift service bureau EastNets. The same tools could conceivably be used by cybercriminals and nation-states with more sinister motives.