Federal authorities are warning banks against the rising threat of passport card fraud. The U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) and the Department...
Roku disclosed to its customers Friday (April 12) that 591,000 accounts were impacted by two separate cyberattacks. In less than 400 of these cases, hackers logged...
Open banking, the legal framework permitting secure data sharing amongst financial institutions (FIs) and third-party FinTechs to enhance the products and services they offer consumers,...
There’s no shortage of damage payments and social engineering fraud can do to a company as well as its member relationships. Creating silos within an...
Data security firm Entrust has finalized its purchase of identity verification company Onfido. “With this completed acquisition, Entrust now provides the industry’s most comprehensive portfolio of AI-powered, identity-centric...
Fraud and risk platform DataVisor says it has launched a partnership with identity verification provider Mitek. The collaboration gives financial institutions (FIs) a single-platform check fraud protection service, the...
Mastercard realigned its organizational structure to support its strategic priorities and position itself for “the next era of growth.” The realignment centers on three teams: Core...
When you read about collaboration in the financial services industry the topic usually centers around banks and FinTechs. But maybe there’s more to that story....
Oracle Financial Services introduced an artificial intelligence-powered cloud service that helps banks mitigate anti-money laundering (AML) risks. The new Oracle Financial Services Compliance Agent “identifies and remediates vulnerabilities,”...