bank regulations

U.S. Senate Asks SEC To Update Cyberattack Protocols

U.S. Senate Asks SEC To Update Cyberattack Protocols
U.S. Senate Asks SEC To Update Cyberattack Protocols
September 26, 2017  |  Cybersecurity

The U.S. Securities and Exchange Commission (SEC) announced it is launching two enforcement initiatives to boost efforts to address cyber threats and protect retail investors....

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Australia Tightens Leash On Bank Execs
Australia Tightens Leash On Bank Execs
September 26, 2017  |  Bank Regulation

Australia has introduced tougher rules on banks that will go into effect as early as next month, including capping executives’ salaries, delaying their bonuses and...

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Wells Fargo CEO Says Cost Controls Are Improving At The Bank
Wells Fargo CEO Says Cost Controls Are Improving At The Bank
September 13, 2017  |  Bank Regulation

Tim Sloan, CEO of Wells Fargo & Company, said Tuesday (Sept. 12) that the company is improving its cost controls in relation to revenue as...

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PayFacs Are The New ISOs
PayFacs Are The New ISOs
July 13, 2017  |  Digital Payments

­­­­­­­­­Once upon a time, merchants had direct contractual agreements with the acquirers who signed them up to accept payments. The process was time-consuming, expensive and...

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Regulations, Regulators And The High Cost Of Banking Compliance
Regulations, Regulators And The High Cost Of Banking Compliance
May 31, 2016  |  Cybersecurity

And the regulations just keep coming. In the banking industry, the mindset among compliance staff seems to be one where the expectation is to have...

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