Compliance

Rusty Haferkamp, the head of IT at Central National Bank in Waco, Texas, discusses his vigilant approach to protecting his bank from cyberattacks.

The Wall Street Journal reported the Fed is investigating Goldman Sachs' Marcus division, the company's effort to reach U.S. consumers that has been scaled back. The New York bank's stock fell 2.5% after the news.

Banks worried about similar attacks against their own customers can use multifactor authentication and suspicious login detection to reduce risk.

Using compromised identities, fraudsters could simply skip security questions to obtain credit files loaded with sensitive information.

JPMorgan Chase Bank NA will have to face a lawsuit by a unit of the French maker of Ray-Ban glasses that claims the bank ignored suspicious transactions as cybercriminals drained $272 million from its New York bank account.

Phishing and ransomware attacks were among the deadliest for financial institutions in the past year.

The U.S. should look abroad for innovative solutions to the problem of assessing the creditworthiness of borrowers with little formal credit history.

SNAP recipients need easy and reliable access to their account balances and transaction histories. The Consumer Financial Protection Bureau ought to clear the way and let that happen.

Hacks of banks, credit unions and insurance companies compromised the data of millions of consumers, who filed a flurry of class actions in response.

The National Credit Union Administration can no longer examine third-party vendors and service providers. That leaves the industry vulnerable to cybercriminals and other bad actors.