Fake people, real threat: Banks scramble to strengthen digital verification
Banks seeking to strengthen their digital identification verification processes face complex challenges.
Technology
Head in the clouds
What’s next for ensuring the resilience of the critically important cloud service provider sector?
Treasury report: ‘Significant’ challenges remain to banks’ optimal cloud services use
Treasury plans to convene an interagency cloud services steering committee to develop closer cooperation among U.S. regulators and develop best...
Larger financial institutions hit by variety of cyberattacks in 2022
More than 60% of global financial institutions with at least $5 billion in assets were hit by a variety of...
OIG Report: FDIC cyber risk examination program riddled with flaws
A federal program to assess IT and cyber risks at financial institutions has several significant flaws that could prevent it...
Report: Denial of service attacks against financial institutions on rise
Distributed denial of service attacks targeting financial institutions rose 22% last year, driven in large part by political motivations, according...
Top five trends in core platforms in 2023
Five years after ABA’s Core Platforms Committee kicked off its work, there have been dramatic changes in the financial services...
Fed issues guidelines for weighing crypto requests from non-FDIC insured banks
The Federal Reserve this week released guidelines for how it would evaluate requests from state-charted but non-FDIC-insured financial institutions seeking...
Survey: Many consumers prefer physical cards over digital wallets
A growing number of people say they prefer plastic debit and credit cards over digital wallets, in part because they...
Podcast: Top bank tech and innovation trends for 2023
What's on the horizon for bank innovation and fintech in 2023? ABA's Office of Innovation team explores top tech trends for...
