Nichols: Bankers on ‘Leading Edge of Cybersecurity’
As the guardians of consumers’ sensitive financial data, America’s banks are “on the leading edge of cybersecurity,” ABA President and...
Technology
Updates to Reg CC Encourage Faster Check Processing, Include Electronically-Created Items
The Federal Reserve today announced long-awaited changes to certain sections of Regulation CC, which implements the Expedited Funds Availability Act.
Bryan Jordan Has His Eyes on the Horizon
Memphis-based First Horizon enjoys strong and steady growth. Its CEO wants a regulatory environment that helps all banks do the...
Supreme Court Limits Ability of Patent Assertion Entities to Cherry-Pick Courts
The Supreme Court today reversed a lower court finding and dealt a blow to the ability of patent assertion entities...
FS-ISAC Monitoring Ransomware Attack; No Financial Sector Impacts Yet Reported
A massive ransomware cyber attack spread around the world on Friday, affecting more than 230,000 computers in about 150 countries,...
How Banks Are Using APIs to Balance Security and Openness
Banks are actively developing ways to facilitate safe and secure data transmission via application programming interfaces.
ABA Calls on Congress to Pursue National Data Protection Standards
In response to the ever-increasing threat of data breaches and cyber fraud, ABA today called on Congress to pursue national...
FBI: Social Engineering Scams Cost U.S. Businesses $1.6B since 2013
Social engineering wire transfer scams cost U.S. businesses nearly $1.6 billion between October 2013 and December 2016, according to figures...
Regulatory Compliance? Elementary.
With overwhelming data and complex regulatory requirements, banks are turning to advanced cognitive computing to help their compliance teams.
An Inflection Point for Wealth Management?
The shift away from equity owners and the aging of the wealth management workforce portends big changes.
