Data and information management

Berkshire Hills Bancorp in Massachusetts invested in technology to beef up its small-business lending, an area ripe for the picking by alternative lenders.

The fight over the security protections on the San Bernardino, Calif., iPhone is about more than a single device or Apple's product line.

Among the swirl of startups chasing opportunity in the global remittance market, Amsterdam-based Terra sees a way to cut costs by launching a lightweight, mobile-centric app that uses heavy data to offset financial crime risks.

The Central Bank of Bangladesh is threatening to sue the New York Fed over money wired out of its account. The Fed says it did nothing wrong, the transfer was authenticated and executed by Swift.

As the Central Bank of Bangladesh threatens to sue the Federal Reserve Bank of New York over at least $80 million stolen from its account there, the Fed says its systems were not compromised.

American Express Co. will increase lending to U.S. customers as competitors offer to lower their acceptance costs to win credit-card partnerships with big merchants, Chief Executive Officer Ken Chenault said.

Car loans in the U.S. are soaring, but don't expect a crash any time soon.

Prosper Marketplace is rebranding a personal-finance app that it acquired last year, a key part of the firm’s efforts to engage more frequently with its borrowers.

For financial institutions, there are scary parallels between the IRS' failure to protect sensitive personal information and their own such struggles.

A mature governance framework and risk culture that reaches all employees are among the attributes of a high-functioning "risk organization."

In focusing on private blockchains, banks make the same mistake companies made in the nineties when they favored private information networks over the open protocols of the Internet.

The tax agency's struggle to protect sensitive data mirrors banks' own, and its shortcomings can also be found at financial institutions.

In expanding Visa Token Service, the card brand is requiring issuers to stop using alternate personal account numbers in cloud-based mobile payments and instead converting to tokenization.

The idea of banks becoming Token Service Providers (TSPs) is an increasingly relevant move.

In explaining the bank's commitment to the Chase Pay mobile wallet, an executive told investors in February that the mobile payment landscape was going to get more complicated before it gets simpler.

Encryption keys are vital to the secure operation of payment acceptance devices. But key transport protocols have not kept pace with the movement toward standardized encryption practices. This adds cost and complexity to payment infrastructure and processes.

A significant gap remains between the credit scores of women-owned companies and those owned by men, according to a Biz2Credit.com survey.

In the payments industry, tokenization is often portrayed as a new or futuristic security method, better suited for the world of mobile wallets than the era of magstripe cards. But SeatGeak decided early on to make it a cornerstone of its mobile commerce experience.

Wells Fargo and Tangerine Bank are among those trying new communications tools that bring human conversations back into the channels where people bank by swiping and tapping.

New requirements and guidance from the Payment Card Industry Security Standards Council will be released to merchants in April, which is about six months earlier than its normal update cycle.