The WannaCry ransomware that just hit more than 150 nations serves as a sobering reminder of the damage cybercriminals can inflict.

Individuals and organizations tend to act cautious—extremely cautious—during and immediately after a crisis.

On the last episode of Season One of the BAI Banking Strategies podcast, we talk with Colin Carvey of TransUnion about synthetic fraud, where criminals create fake identities to land and steal from credit lines, at a great cost to banks.

Back in the good old days, robbers had to show up at banks, guns drawn, to make illicit withdrawals.

On this episode of the BAI Banking Strategies podcast, we talk with Steve Ehrlich, lead analyst for emerging technologies at Spitzberg Partners LLC in New York.

Is the password dead? Perhaps not, if you’re a kid trying to get past the door of a secret clubhouse.

EMV has been a much-discussed payments topic in recent years.

Parker Conrad’s LinkedIn page shows he has a thriving IT business, a loving family with “two princesses,” an electric car (a Chevy Volt, to be precise) and more than 500 connections.

An employee in the human resources department received an email that looked like it was from the boss and opened the attached word file.

Christopher DeAngelis is convinced that Millennials—notoriously loose with their personal information—make it much too easy for fraudsters to separate them from their money.

Controversy.

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

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

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.

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.

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

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.

As payments continue to innovate, so do the methods fraudsters utilize to exploit vulnerabilities.

In the wake of recent well-publicized data breaches, the financial services industry is looking at tokenization as a means of improving the security around payments.