Technology
Technology
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The Federal Reserve Board's vice chair of supervision said that digital currencies hold the potential for innovation but that the financial system's security and resiliency are more important.
November 30 -
Google was sued by a group of U.K. consumers over claims that the company improperly collected personal data from millions of users of Apple Inc.’s iPhone.
November 30 -
Even though they do not face the immediate prospect of regulation requiring an open-banking policy, American banks should act as if they do.
November 30 -
Venmo achieved its status by designing its interface like that of a social network. PayPal's version of that comes from Facebook.
November 30 -
It’s been month after month of record-breaking, confounding growth for the cryptocurrency, accompanied by regular warnings from banks about bubble speculation.
November 29 -
The Communal CU says it will automate processes, use data in strategic decisions.
November 29 -
Virtual assistants at banks in Israel, Canada and Hong Kong are getting smarter thanks to artificial intelligence.
November 29 -
A recent CU Journal article misses a crucial point about credit unions and distributed-ledger technology.
November 29 -
Uber Technologies Inc. said information from 2.7 million U.K. customers was taken in a 2016 security breach that hit 57 million riders and drivers globally and that the company kept secret from the public and authorities until recently.
November 29 -
With the holiday shopping season, there is an inevitable dark side — an increase in transactions means an increase in fraud. This is to some extent the cost of doing business; fraud will always be a percentage of overall transaction volume.
November 29 -
Partnerships with financial technology companies could be effective in helping banks meet small-dollar credit demand, but those partnerships face a legal cloud. Thankfully Congress is considering adding needed clarity.
November 29 -
Japan’s bitFlyer is expanding to the American market, even as U.S. banks remain wary of cryptocurrencies.
November 28 -
Jayne Opperman is the third new tech hire the bank has made this month.
November 28 -
The CFPB's data-sharing guidance was widely applauded, but mistrust remains between banks and aggregators. Advocates want regulators to take action.
November 28 -
The trade group wants Equifax to reimburse community banks for costs tied to the massive data breach at the credit bureau this year. The ICBA also wants a court to order Equifax to improve its security measures.
November 28 -
Even though they do not face the immediate prospect of regulation requiring an open-banking policy, American banks should act as if they do.
November 28 -
The right platform can detect unusual behaviors and block fraudulent transactions as they occur, while still allowing real customers to make legitimate transactions without interruptions, writes Dave Excell, CTO and co-founder of Featurespace.
November 28 -
One estimate says 3.5 million cybersecurity jobs will go unfilled by 2021. Banks are looking to military veterans, universities and even high schools to help fill the gap.
November 27 -
The most important policy question facing banking, brokerage and insurance companies is putting a framework in place that very quickly defines data ownership rights across the financial value chain.
November 27 -
Cordray picking his own interim successor sets off a firestorm; co-head of global banking leaves the U.K. bank after only 18 months.
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