Compliance

At a time when many crypto companies have seen their fortunes plummet, one corner of the industry is thriving.

To meet the growing demand, banks are faced with a choice of hiring, reskilling or outsourcing.

A recent announcement from the CFPB makes clear that the agency expects banks to adopt multifactor authentication, password management and security patching.

The two major tech firms were targeted in an intricate phishing scheme last week. One fended off the attack; the other was not so fortunate.

Direct connectivity between the cross-border payment company and the data aggregator will let Wise's 13 million customers use the 6,000 fintech apps in Plaid's network without the need for a bank account.

In markets such as India, China, the United Arab Emirates and Brazil, more consumers and merchants are testing or deploying facial recognition as a way to authenticate transactions.

A vast majority of IT leaders at banks want to ditch passwords for something better and safer, and many tech vendors are moving in that direction already. But it's easier said than done.

Early Warning Services brought back its Authentify moniker for a new digital ID service. It's not being marketed as a way to stop P2P fraud, but it should appeal to banks wanting to improve security for online transactions.

In the lead-up to a data breach, phishing is second only to use of stolen credentials in terms of how attackers infiltrate institutions. Here's what else you need to know.

The agency must take a principles-based approach rather than trying to cover every possible issue in detail.