Risk management

Using historical patterns to predict the next financial success or crisis seems rational. But beware the human psyche’s tendency to concoct order out of randomness.

Even the most honest customers can look risky if they frequently travel. Their movements can throw off traditional vetting techniques that authenticate transactions by looking at location as a risk factor.

The three bitcoin wallets that are linked to the WannaCry malware, which hit hundreds of thousands of networks using Microsoft Corp.’s operating system in 150 countries, were emptied out Thursday morning, analysts have confirmed.

The bank agreed to pay $4.6 million to settle charges it didn't tell consumers why their checking account applications were rejected; Winklevoss brothers to supply bitcoin data to Chicago exchange.

The post-crisis swing in the regulatory pendulum changed Wall Street forever, but it's not clear how much life changed for the umpires of credit, despite a few regulatory tweaks.

JPMorgan Chase is among four banks sued by a trustee for investors in the debt of Millennium Health LLC, alleging the lenders failed to inform them of a federal probe into the billing practices of the borrower.

Rising fraud rates in mobile channels have spawned a bumper crop of new tools to battle crime, but merchants appear to lack consensus on which ones are most effective.

Wirecard has released a flurry of products in recent months as it builds a global footprint, and its most recent effort focuses on risk management for small businesses that want to sell online.

When breaches occur it is the standard practice for the notification to come directly from the company affected. The difference with Discover's service is that, because it's an opt-in program, its users may already be bracing themselves for bad news.

Some bankers fear the use of artificial intelligence in detecting crime could catch innocent customers in a dragnet. Proponents say it can do a better job of spotting true criminals.