Data security

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.

Hacker group Shadow Brokers says U.S. intel agency compromised parts of the global banking system; bank's directors gear up for tough election at annual meeting.

EMV is strictly an anti-counterfeiting measure that leaves several elements of the payment process untouched, and fraudsters are exploiting these gaps.