Mortgage and auto loan providers are caught between a rock and a hard place after a ruling by the U.

Online marketplace lending is an industry rooted in the innovative culture of Silicon Valley that may soon have to find its way in the bureaucratic culture of Washington, D.

Card fraud is one of the fastest growing crimes impacting financial institutions.

The financial services industry is in an age of major disruption.

With the recent Financial Accounting Standards Board vote to proceed and the final Accounting Standards Update now published, the Current Expected Credit Loss (CECL) standards remain top of mind for the C-suite in financial institutions.

Given the proliferation of printers in banking – a large institution may have tens of thousands in facilities spread across the country – printer management needs to play a critical role in the ongoing war against hackers.

Handing someone a $100 bill is an instant payment.

In April, a joint committee of federal regulators issued their long-awaited proposed rule limiting incentive-based compensation for bankers.

ATMs in the U.

EMV verification, a global standard for credit and debit payment cards based on chip card technology, makes it difficult for fraudsters to make counterfeit credit cards.

The financial services industry is evolving at an exponential rate in this age of digital transformation.

The Financial Accounting Standards Board (FASB) is expected to release the final standard of the current expected credit loss (CECL) model in the first half of 2016.

Beginning in January of 2014, the Ability to Repay (ATR)/Qualified Mortgage (QM) Rule took effect, which establishes a standard to differentiate “qualifying” and “non-qualifying” residential mortgage loans.

From initial discussions to final closing, merging two financial institutions is no small feat.

Up to 5% of global gross domestic product (GDP) is lost annually to money laundering according to the UN Office on Drugs and Crimes.

As the world continues its transformation to an always-on status, data breaches and, in turn, fraud, are on the rise.

We are seeing a very fundamental shift in the focus and importance of vendor management.

Don’t get lulled by the 2018 date for collecting the expanded data required under the revised Home Mortgage Disclosure Act (HMDA).

The concept of de-risking has become increasingly in vogue in the Bank Secrecy Act (BSA)/Anti-Money Laundering (AML) field.

For much of its history, banking was a personal business, with customers interacting directly with their bankers and visiting bank branches when specific needs arose.