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The rule, finalized Tuesday, enables consumers to share their financial data with third parties. Here are the implications for banks.
By Carter PapeOctober 25 -
A ban on screen scraping and new disclosures to consumers about data usage are among the new elements of the data protection rule.
By Carter PapeOctober 22 -
The three banks recently named new executives to oversee their technology teams.
By Carter PapeAugust 8 -
The federal Project Fortress initiative provides defensive tools for banks. Community banking groups and regulators' associations say small banks in particular need the free and accessible help.
By Carter PapeAugust 2 -
The cybersecurity company promised more rigorous tests for software updates after a widespread IT outage last month.
By Carter PapeAugust 1 -
While the company is still analyzing the error that caused many Windows systems to crash, it said a logic error in a channel file was the cause. Here's what that means.
By Carter PapeJuly 22 -
Banks reported that they have far more protections against fraud in digital channels versus branches or call centers, according to survey research.
By Carter PapeJuly 16 -
A new policy directive aims to fortify critical infrastructure by enhancing collaboration between U.S. intelligence agencies and systemically important financial entities.
By Carter PapeMay 1 -
Despite advancements in AI for transaction monitoring, financial institutions share little in the way of fraud data, undermining efforts to combat crimes including check fraud.
By Carter PapeApril 2 -
The report seeks to help banks "disrupt rapidly evolving AI-driven fraud," according to Treasury's Nellie Liang. The report found banks have difficulties accounting for AI risks.
By Carter PapeMarch 27