Study: Consumers Want Retailers to Provide Safer Payment Choices
An overwhelming majority -- 82 percent -- of consumers feel they should have a choice about what type of payment...
Cybersecurity
Report: Costs of Cybercrime on the Rise
The median cost of cybercrime has increased by nearly 200 percent over the past five years -- costing the global...
Fed Issues Update on Faster Payments Initiative
Having convened stakeholders from across the public and private sectors and outlined criteria for effectiveness, the Federal Reserve’s “faster payments”...
FDIC Publication Covers Cybersecurity, Lending Topics
The lead story in the winter 2015 issue of the FDIC’s Supervisory Insights publication focuses on how banks can enhance...
Weekly Infobyte: How Do Banks Authenticate Digital Transactions?
Everyone uses a username and password; large shares use out-of-band authentication and challenge questions.
Safe Banking, Savvy Seniors
Bankers are leading the way in protecting older Americans from fraud and financial abuse.
Nichols: ABA ‘Profoundly Disappointed’ in Lack of Reg Relief in Spending Bill
ABA’s Rob Nichols this morning expressed the disappointment and frustration of the banking industry that Congress failed to include meaningful...
Weekly Infobyte: Americans Say That Retailers Bear Responsibility for Protecting Customer Data
Voters are twice as likely to say that retailers, not financial institutions, are responsible for protecting customers' payment data.
FinCEN Chief: Include IP Addresses in SARs
Financial institutions should include IP addresses and other cyber-derived information in the Suspicious Activity Reports they file, Financial Crimes Enforcement...
House Members Oppose Controversial Section of Cyber Bill
Seventy-five House Republicans and Democrats -- including the chairmen of the committees on energy and commerce, financial services and science...
