CFPB Monitor
MARCH 10, 2022
The Order sets out the following national objectives with respect to digital assets: consumer and investor protection; protection of financial stability and mitigation of systemic risk; mitigation of illicit finance and national security risks; reinforcement of U.S.
South State Correspondent
OCTOBER 25, 2023
The banking industry, pushed by the events of 9/11, moved to check imaging by the Check 21 Act in 2003. In addition to the logistics of check clearing and the availability of fraud, settlement is no easy feat. As of the end of last year, Banks paid about $4 in labor per check and about $6 in fraud costs.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
NCR
JULY 28, 2017
This convenience offers many advantages to the consumer, but financial institutions and consumers need to recognize one of the biggest disadvantages of this technological expansion: the increased risk of digital banking fraud. million instances of fraud and two million computer misuse offenses in England and Wales alone. .
PYMNTS
JULY 12, 2019
The world’s population is expanding and many citizens — particularly those in developing nations — have no means of proving their identities, restricting their access to vital services like education and healthcare. The government plans to adapt SingPass for smartphones this year by rolling out a new national digital identity (NDI).
PYMNTS
MAY 15, 2019
The bug affects Windows 7, Windows Server 2008, Windows 2003 and Windows XP. Computers at Nissan, FedEx and England’s National Health Service were all affected. It could have potentially been even worse, but a security researcher activated a “kill switch” feature which prevented the bug from spreading any further.
PYMNTS
JUNE 6, 2019
The National Security Agency (NSA) has released an advisory, urging Microsoft Windows administrators and users to make sure they are using a patched and updated system to stay protected against cyber threats. The NSA noted that, while Microsoft has issued a patch, millions of machines could still be vulnerable.
Fintech Labs Insights
APRIL 12, 2024
Innovations from 1995 to 2014 (with launch dates) Note: Ranking as of Jan 2014 Wells Fargo is first in the world to offer Web-statement access (launched May 1995) Security First Network Bank launches first full-service Internet bank brand (Oct 1995, disbanded 2002) PayPal launches first online optimized payment system (Nov 1999, bought by eBay in 2003) (..)
Expert insights. Personalized for you.
148 
Let's personalize your content