Cisco

JUNE 7, 2022

The past 20 years have visibly demonstrated the impact large scale events have on market, credit, and operational risks in financial services. In between these events, a different crisis began in the US sub-prime lending market. The subsequent regulatory activity in response to these events focused on operational risks.

Risk Management 118

Risk Management Management Cyber Security Handbook 118

American Banker

JANUARY 24, 2024

The criminal hacking gang LockBit said it was behind a ransomware attack that shut down some of the operations of EquiLend, a financial technology firm that processes trillions of dollars of securities-lending transactions every month.

Lending 36

Lending Financial Technology Security Operations 36

FICO

MAY 2, 2019

It’s true: synthetic identities have become a major method for perpetrating auto lending fraud. In the auto lending industry, most cases involve a multi-step process between one party’s data breach and another’s fraud. Sometimes these parties are business partners operating in the same automotive ecosystem.

Fraud 70

Fraud Data Cyber Security Risk Management 70

American Banker

JUNE 26, 2020

Wells Fargo customers targeted with phishing attacks using calendar invites; Fed freezes stock buybacks, caps dividends after stress test results; Citigroup names Titi Cole its head of global operations and fraud prevention.

Fraud 31

Fraud Operations Cyber Security Maine 31

FICO

JANUARY 5, 2023

With a weakening economy, BNPL firms have seen a rise in bad debts, growing losses, increased costs of operations and tumbling share prices. Some BNPL firms already are providing disclosures mandated by the Truth-in-Lending Act. There Will be Changes in the BNPL Market, but Major Regulatory Action Is at Least a Year Away.

Policies 52

Policies Company Regulation Risk Management 52