Data and information management

In an newly created role, Deborah Guild, the bank’s current chief technology officer, will lead a revamped security unit.

The delay has analysts worried that Customers Bancorp will also postpone the sale of BankMobile, which was slated to take place during the first quarter.

American Banker readers share their views on the most pressing banking topics of the week. Comments are excerpted from reader response sections of AmericanBanker.com articles and our social media platforms.

Quickly keeping customers informed about an attack is among the principles banks must adopt to mitigate the fallout.

Cashless payments provider SIX Payment Services has launched a virtual PayLife credit card for making mobile payments in Austria.

By partnering with Intuit, Wells Fargo is continuing its journey toward API-based data sharing, and away from screen scraping.

The U.S. government and banks face similar challenges in implementing a biometrics identity system. Both should study what other countries are already doing.

Dorothy Savarese and Rebeca Romero Rainey now chair two important trade groups … Mary Lynn Lenz, Patti Husic and Terry Jorde weigh in; Barclays CEO Jes Staley talks hiring diverse leaders and how to keep them; and more.

Data breaches at financial institutions dropped by 26% in 2016, but breaches as a whole were up significantly.

People are warming up to mobile payment apps like Apple Pay and Samsung Pay, but concerns over fraud and ID theft could still pose headwinds.

The use of one-time tokens has picked up steam in the past year, especially with merchant groups waiting for EMVCo to release specifications for a payment account reference.

Banks are checking vendors' security practices; Mnuchin appointment to Treasury put on hold as Democrats stall.

The president's executive order reflects a lack of trust in the identity information shared between countries. In theory, blockchains are tailor-made to solve this problem, but current systems may not be up to the task.

Let's clear up some of the ambiguity around credit unions and big data.

In time, more large institutions will realize that closed, centralized blockchains aren’t any better than the databases now in use.

From frictionless payments to improved underwriting models, connected cars will rewrite the rules for how and where banks interact with their customers.

Connected cars are going to create new revenue streams, not just for automakers, but also for financial services providers.

The long-running feud between banks and fintech companies over screen scraping is morphing into a more nuanced and important conversation about how to exchange consumers' financial data securely and fairly.

Atlanta-based software provider Oversight Systems is working with Mastercard on a solution to help federal agencies ensure U.S. government spending on purchasing cards and other expenses are in compliance with policies.

Recommendations for a framework to develop a "universal security baseline" to protect sensitive payment data at rest and in transit remains a key goal of the Federal Reserve faster payments initiative.