Bank investments in technology can create more vulnerability to tech-savvy fraudsters.
As banks continue to struggle with cybersecurity compliance, the American Bankers Association and several financial trade groups — under the direction of the Financial Services Sector Coordinating Council — today unveiled a new Cybersecurity Profile intended to provide a common, credible approach to cybersecurity and assessment.
Thinking beyond the fallout from a cyber incident.
As ABA kicked off its Annual Convention in New York today, ABA President and CEO Rob Nichols shared how the banking industry has powered economic growth in an interview on CNBC’s Squawk Box.
For payments fraud professionals, fighting fraud can seem like a marathon with a finish line that keeps moving further and further away.
As more consumers seek to use various nonbank fintech solutions that depend on bank-based data, the Financial Services Information Sharing and Analysis Center today launched Financial Data Exchange, or FDX, an organization that will facilitate the secure sharing of customers’ data.
Ahead of a Senate Commerce Committee hearing on consumer data privacy today, ABA in a statement submitted for the record called on lawmakers to consider the existing set of privacy laws banks adhere to when drafting new federal privacy legislation.
The OCC today released its bank supervision operating plan for fiscal year 2019, identifying what each of the agency’s supervisory operating units will focus on for the new federal fiscal year starting on Oct. 1.