Cybersecurity

ABA: .bank Domain Can Strengthen Payments System

The new .bank and .insurance domains coming online this year will provide an “incredible opportunity” to provide a more secure payments infrastructure, ABA and the Financial Services Roundtable said in a letter to the Federal Reserve officials leading the Fed’s faster payments initiative.

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FCC Expected to Exempt Mobile Fraud Alerts from TCPA

Federal Communications Commission Chairman Tom Wheeler yesterday circulated a summary of his proposal to clarify the Telephone Consumer Protection Act’s restrictions on autodialed calls and texts. One item to be addressed is ABA’s petition to the agency for an exemption from TCPA’s requirement for “prior express consent” for autodialed calls to alert bank customers to fraudulent transactions, data breaches and actions required to complete funds transfers.

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FS-ISAC to Partner with Retail Info-Sharing Center

The Financial Services Information Sharing and Analysis Center today announced a strategic partnership with the recently formed Retail Cyber Information Sharing Center, an entity designed to improve retailers’ capabilities to track cyber threats and prevent and mitigate data breaches.

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