Risk management

The insurance company, facing regulatory scrutiny and lawsuits over a former sales relationship with Wells Fargo, said it may press its partner to cover costs after halting the sales.

The newest reputational threat has nothing to do with violations of regulations or ethical norms, but rather with the extreme polarization and activism spreading through the country.

When e-commerce fraud spikes, it can be tempting for merchants to pile on more controls and risk turning away otherwise legitimate transactions that appear to be fraudulent. The alternative is often to shut off these controls altogether and leave themselves vulnerable to criminals.

Trust and transparency can be strengthened and like-minded borrowers and banks can be brought together if transactions are “tagged” and investments are explained, argues Bruce Cahan, adjunct professor at Stanford University.

A key aspect of the job for security leaders at retailers is to present cyber risk threats to boards and top executives in terms they understand. Bay Dynamics says the best way to do that is through the common language of dollars and cents.

You’d think financial institutions and retailers in the U.S., with a long list of EMV migration examples to look to in other countries, would have been prepared for fraudsters shifting their attention to e-commerce after security improved at the point of sale. But e-fraud is on the rise, so what's happening?

The scenario where someone uses a check's "float" to purchase something before they have the funds is still more common than many people think, according to the founders of Float, a startup that sends emergency "credit" to a consumer's debit card.

When there’s talk of Amsterdam, many people immediately conjure up the skunky smell of marijuana emanating from coffeeshops. And they wouldn’t be wrong.

The information giant agreed to buy two data businesses from the DTCC as regulators' demands for transparency fuel calls for shared industrywide solutions.

Now that the second holiday season has passed since the U.S. deadline for EMV migration, acquirers are taking stock of the damages that merchants incurred this year to determine the effect of the new technology.