Systems that run cash management services were built decades ago and prioritized functionality over user experience. That is starting to change as banks invest more heavily in digital upgrades geared toward commercial customers.

Vikram Pandit, who ran Citigroup during the financial crisis, said developments in technology could see some 30% of banking jobs disappearing in the next five years.

The best solution to the current broken identity system is to flip the authentication process from third parties to the users themselves.

The open tech that powers added data sharing has already resulted in security events, writes Stephen Singham, managing director of security research at Distil Networks.

Lenders aren’t happy with the way the credit bureau has responded to the data breach; JPM chief calls digital currency “a fraud.”

It's only the early days after the Equifax breach, but breadth of the data has the potential to reverberate for some time, requiring a mix of detection, prevention and response, according to John Gunn, chief marketing officer at VASCO Data Security; Atiq Raza, CEO of Versec; and Tim Erlin, vice president of product management and strategy at Tripwire.

Thirty-six lawmakers signed a bipartisan letter Tuesday calling for an investigation into the sale of stock by Equifax executives between a data breach at the firm and when it was disclosed.

Apple's upcoming iPhone X will ditch its fingerprint sensor in favor of a multi-camera system, but it still expects some users to opt for a PIN code.

A mishmash of lawmakers from different parties and committees are wading into the aftermath of Equifax’s megabreach, with some using it to advance their policy agendas while others are calling for possible criminal prosecution.

The reaction to major data breaches has always been to protect card data. But the non-card data that Equifax handled deserved just as much attention, if not more.

TransUnion Chief Financial Officer Todd Cello said Tuesday the firm kept call centers open through the weekend to deal with the flood of calls from anxious consumers.

Banks should not point blame at the credit bureau but rather should step up and demonstrate their commitment to their customers. If you punt the problem to Equifax, it suggests you don’t really care.

Online lender’s co-founder says “negative press” from lawsuits has become a “distraction”; company sought lighter regulation and limited legal liability for credit bureaus.

Senate Finance Committee leaders sent a letter to Equifax CEO Richard Smith scrutinizing the scope of the company's data breach and its response.

Square became the third fintech firm in recent months to seek out a bank charter. Others are likely to follow.

By design, any practice that requires a customer to simply hand over online bank credentials to a third party is a terrible idea.

Many of the arguments in this debate have less to do with the applicants’ qualifications than with traditional banks’ fear of new, innovative competitors.

The loss of 143 million consumers' personal data may prompt a regulatory backlash.

The FBI and at least two states are looking into the data breach; Harvey shut lots of banks, but mobile banking apps keep customers operating.

Everybody say it with me, “Customer data is a liability.” And the Equifax breach shows why.