Technology
Technology
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A previously unknown ring of Russian-speaking hackers has stolen as much as $10 million from U.S. and Russian banks in the last 18 months, according to a Moscow-based cyber-security firm that runs the largest computer forensics laboratory in eastern Europe.
December 11 -
The two credit unions are based in Illinois and Texas, respectively.
December 11 -
The risks of fraud, along with the current reputation of such currencies as often being used for money laundering and other criminal activities, has caused worry in the market, writes John Verver, and advisor to ACL.
December 11 -
The financial services industry must change how it attracts, hires and develops data science talent.
December 11 -
In a rare show of public support for a security technology, the banks are leading a $40 million funding round for Menlo Security, provider of browser technology that keeps malware at bay — and they’re using it, too.
December 11 -
Two different credit unions have seen success offering new mobile functionalities that meet specific pain points for members.
December 11 -
For the second week in a row, the CFPB's leadership shakeout dominated readers' attention, while a regional banker discussed efforts to fight hacking and the impact of the tax cuts, and bitcoin's price soared.
December 8 -
The Trump administration’s curious decision to delay rules concerning disabled consumers’ access to websites would appear to give companies a pass on making their sites compliant with the Americans with Disabilities Act. Banking attorneys don’t see it that way.
December 8 -
Tether's $31 million hack gave bitcoin skeptics plenty to crow about. But experts say bad security is to blame, not digital assets.
December 8 -
Readers react to the change in tone at the Consumer Financial Protection Bureau, the launch of voice-command banking on Amazon’s Alexa, how regulation affects financial innovation and more.
December 8 -
We entrust tech firms with vast amounts of information about our daily lives, with an expectation that they will safeguard it. But have we become too casual in the trust we place with them in exchange for more personalized experience and convenience?
December 8 -
A whistleblower charges that during the Obama administration, Treasury's Office of Financial Research manipulated information that it provided during a review by the Governmental Accountability Office.
December 7 -
The Federal Reserve Board on Thursday proposed to give banks more insight into portfolio performance under its stress testing models in an effort to help banks better understand the Fed’s methodology.
December 7 -
The Delaware bank will process payments and provide debit card sponsorship services for SoFi Money, which is set to debut next year.
December 7 -
HSBC Bank is joining the Massachusetts Institute of Technology’s Industrial Liaison Program as part of a broader effort to invest more in technology, data and analytics.
December 7 -
Jon Zanoff, managing director of Barclays New York Accelerator, has been coaching fintech startups for decades. He offers tips on how to make it as a fintech startup and run an effective accelerator.
December 7 -
It's part of Visa's strategy of using the Olympics to showcase innovation, a move that in the upcoming Olympics will also include wearable payments.
December 7 -
The financial institutions hope to enhance operational efficiency while improving members' digital experience.
December 7 -
More regulation, more regulators and more regulatory uncertainty both increase the cost of and inhibit financial services and payments innovation.
December 7 -
Alternative data can be beneficial for individuals locked out of the financial system’s more conventional data types, but such data is open to manipulation or biased interpretation.
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