Legal issues and news

Will the justices go further than answering constitutional questions about the bureau's leadership structure?

Kenneth Blanco's tough comments appeared to target payments providers that offer their users anonymity.

A new breach adds to a growing cybersecurity ecosystem that is full of sophisticated and connected networks which have been fed by each preceding breach, says Arkose Labs’ Brendan Brummer.

The goal is to get a better understanding of past incidents, thereby arming the Fed to improve its response as more companies implement faster payments.

Draft legislation would amend the Bank Service Company Act to give the National Credit Union Administration third-party vendor oversight, a power it has been requesting for the better part of two decades.

The high court will decide how much latitude a president has to fire the director of an independent agency.

The JPMorgan Chase CEO called Facebook's cryptocurrency project a "neat idea" but added his name to the list of industry leaders and policymakers skeptical about the plan.

As merchants and issuers add mobility for staff, they must come to grips with the shortcomings of mobile security, says Blue Cedar's John Aisien.

Determined hackers can always find a way. A detailed plan can manage the damage, says Datamatx's Scott Stephens.

In her second day of congressional testimony, Kathy Kraninger took heat from Senate Democrats for weighing in on constitutional questions about her agency and for her enforcement track record.

With policymakers casting doubt on Facebook's cryptocurrency and some of the social media giant's partners pulling out, a Federal Reserve governor continued the drumbeat of criticism.

CFPB Director Kathy Kraninger faced a barrage of questions from Democrats on the House Financial Services Committee over why the agency has not demanded refunds for consumers in recent settlements.

Prosecutors allege that Sylvia Ash, a judge in Brooklyn, N.Y., helped Kam Wong, the former CEO of Municipal, cover up his fraud scheme.

New tech can help banks with less cumbersome systems track suspicious activity more effectively.

Detecting virtual bad actors means paying more careful attention to the digital interactions and touch points within your business, and how users interact with you through apps, websites or customer service centers, writes Accertify's Andrew Mortland.

Perhaps the biggest test that Charles Scharf will face when he starts next week will be how to control expenses while still trying to make the necessary investments in risk management to satisfy regulators.

The Massachusetts-based institution, which will forgive more than $750,000 in fees, is the latest to come to an agreement regarding overdraft claims.

A list of upcoming cases published by the high court did not include a challenge to the bureau's constitutionality, but the justices could still decide to review it at a later date.

MFA stops broad attacks, but more targeted hacks can still get through, says KnowBe4's Roger Grimes.

Investors got a reminder that the bank isn’t past its problems even as it seeks a fresh start under a new leader.