From americanbanker.com
Data breach at Western Alliance Bank affects 22,000 people
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The breach occurred through a vulnerability in third-party file transfer software, and it took weeks for the bank to discover it.
#banking #finserv #fintech #cybersecurity
13h ago
From americanbanker.com
FDIC grappling with attrition, unresolved workplace issues
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The issues are hindering the Federal Deposit Insurance Corp.'s ability to meet its regulatory duties, according to the agency's Office of Inspector General.
10h ago
From americanbanker.com
One issue looms as Capital One's megadeal hits home stretch
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Following a media report that Department of Justice staffers have expressed concern about how Capital One's purchase of Discover would affect competition in the subprime credit market, analysts said the portfolio would be tough to sell. But they remain optimistic that the deal will get over the…
#banking #finserv #fintech #paytech #payments
11h ago
From americanbanker.com
SmartBiz deal shows regulatory openness to fintech-bank M&A
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The small-business lender bought a Chicago community bank in what some experts say will be the first of many such deals.
10h ago
From americanbanker.com
How Walmart became a battleground for BNPL industry
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As Klarna wins installment lending for the retail giant's OnePay app, rival Affirm seeks to downplay the loss.
#bnpl #banking #finserv #fintech #paytech #payments
15h ago
From paymentsdive.com
Mastercard courts community banks
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The card network has initiated a new partnership with the Independent Community Bankers of America that will extend its services to that group’s financial institution members.
#banking #finserv #fintech #paytech #payments
15h ago
From bankingdive.com
Bank customers want clearer communication on cybersecurity: survey
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Static, bare-bones website text about information security is “not enough anymore,” an Accenture executive said. A survey by the company found that customers trust banks – but not third-party partners – with their data.
#banking #finserv #fintech #cybersecurity
12h ago
From paymentsdive.com
Payments players landed less capital in 2024: S&P report
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Venture capitalists invested 47% fewer dollars, compared to 2023, despite most of the startups posting increased revenue last year.
#banking #finserv #fintech #paytech #payments
14h ago
From thepaypers.com
Google Wallet is introducing tap-to-pay functionality for children
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Google Wallet has announced that its latest update allows children to download the app and use tap-to-pay on Android devices with parental approval.
#banking #finserv #fintech #paytech #payments
14h ago