Risk

Two years ago, Ellen Richey became Visa's vice chairman and chief risk officer, propelled to this role by over a decade of work that fundamentally changed how the average consumer makes a payment. Richey plans to retire this summer, ending a 40-year career in law and risk management.

Cybersecurity is about protecting the house, the corporation, the people, process, technology and the data, writes Harley Lippman, founder and CEO of Genesis10.

Wells Fargo CEO Tim Sloan said that the megabank has worked to address past issues and is equally committed to preventing new problems from arising, despite reports suggesting otherwise.

As machine learning generally benefits from lots of examples, by the time a model can be implemented to tackle the new threat, the threat has generally moved on, so frequent updates to models are necessary, writes Oliver Tearle, head of research at The ai Corporation

The lab works with more than 200 data scientists to create access to affordable credit and help financial firms match products to customers, the company says.

The CUSO will work with AffirmX, which provides compliance and risk management offerings, on product development.

The league will work with Quatrro Processing Service to provide member credit unions with access to emerging technologies to combat fraud.

Banks moving past traditional card lending to compete on POS; ; five board members plan to leave before the bank’s May meeting.

The Federal Reserve voted Wednesday to keep the countercyclical capital buffer at its current level of zero, ending some speculation that the board could be looking at a possible increase.

Maria Teresa Tejada joined the bank Monday as chief strategic enterprise risk officer.