Most retirement plan participants say their financial health in deteriorating, and when they turn to their plan’s apps and websites for help, they are not finding what they need, according to a recent survey by research firm J.D. Power.
Eight in 10 U.S. bank board members and executives said that their banks had increased their technology budgets in 2022, with cybersecurity being a key area of investment, according to a new report.
The Consumer Financial Protection Bureau published a circular today on how and when nonbank financial firms—such as fintech companies and credit reporting agencies—may be violating the Consumer Financial Protection Act with respect to data security.
Financial firms that invest in marketing technology, or martech, enjoy deeper customer engagement, more leads and conversions, and higher revenue, according to a survey of marketing executives at financial services firms and high-tech enterprises commissioned by consulting firm Capgemini.
The request follows an executive order directing agencies to report on the implications of the development and adoption of digital assets, as well as changes in financial market and payment infrastructures.
The Commerce Department’s National Institute of Standards and Technology this week selected the first group of encryption tools designed to withstand the assault of a future quantum computer, which could potentially crack the security used to protect privacy in digital systems such as online banking and email software.
ABA offered feedback to the CFPB on a recent outline of proposals under consideration for a joint agency rulemaking to develop quality control standards for the use of computer models, known as automated valuation models.
Which applications can be moved safely as they are, which ones should be modernized before they are moved and which ones should not be moved at all?
Banking as a service—where organizations provide retail banking products using an existing licensed institution’s infrastructure—is expected to reach a value of $7 trillion by 2030, according to a new report from core technology provider Finastra.
The Federal Reserve today published for comment updates to the proposed guidelines it will use when evaluating requests for master accounts with the Fed or access to the agency’s financial services.