Latest News

ACH Fraud

Check Fraud: A Growing Problem

Tracy Kitten  •  February 17, 2011

Despite declines in check use, check fraud still ranks among the top three fraud forms banking institutions battle.

Fraud Management & Cybercrime

RSA: People Are Talking

Tom Field  •  February 17, 2011

Wednesday at RSA Conference 2011 found me conducting a series of video interviews with industry thought leaders.

ACH Fraud

Globalization Will Impact Regulation

Tracy Kitten  •  February 16, 2011

SWIFT's Stacy Rosenthal says globalization, regulation and the introduction of new services from non-financial providers will set the tone for 2011.

Fraud Management & Cybercrime

Notes From RSA

Tom Field  •  February 16, 2011

Here's a sample of what some key thought-leaders are saying at RSA 2011.

3rd Party Risk Management

Privacy Protections for Backup Files

Howard Anderson  •  February 16, 2011

A major breach incident in the news this week calls attention to the need to protect mobile storage media and check business associates' safeguards.

Fraud Management & Cybercrime

Senate Forms Privacy Subcommittee

Howard Anderson  •  February 15, 2011

Sen. Al Franken, D-Minn., will head a new subcommittee on privacy, technology and the law, said Sen. Patrick Leahy, D-Vt., who chairs the Senate Judiciary Committee.

Electronic / Mobile Payments Fraud

Visa Incents 'Dynamic Authentication'

Tracy Kitten  •  February 15, 2011

A move toward EMV can help merchants cut their PCI compliance costs, but only if they operate outside the U.S.

Electronic / Mobile Payments Fraud

Growing Card Fraud?

Tracy Kitten  •  February 15, 2011

ACI's new survey finds that 29 percent of consumers across eight major economies have been victims of card fraud in the past five years.

Anti-Money Laundering (AML)

Zions Hit for BSA Violation

Tracy Kitten  •  February 14, 2011

Regulators are sending a message to U.S. banking institutions: AML practices and due diligence, especially when dealing with foreign customers and correspondents, must be priorities.

ACH Fraud

RBS Hacker's Sentence Too Mild

Tracy Kitten  •  February 14, 2011

A Russian court has passed down a suspended sentence with no jail time for one of the hackers involved in the 2009 RBS WorldPay systems heist.

A Personal Preview of RSA

Eric Chabrow  •  February 13, 2011

Presenting the findings from our gov't IT security survey.

ACH Fraud

Week In Review: New Accounts Pose Greatest ID Fraud Risk and Cross-Border Payments Heighten Money Laundering Concerns

February 11, 2011

Consumer fraud trends suggest banking institutions will lead the fight against ID fraud, and international regulators are taking closer looks cross-border payments and money laundering.

ACH Fraud

Week In Review: New Accounts Pose Greatest ID Fraud Risk and Cross-Border Payments Heighten Money Laundering Concerns

Tracy Kitten  •  February 11, 2011

Consumer fraud trends suggest banking institutions will lead the fight against ID fraud, and international regulators are taking closer looks cross-border payments and money laundering.

Electronic / Mobile Payments Fraud

CMS Anti-Fraud Tech Rollout Sped Up

Howard Anderson  •  February 10, 2011

The Centers for Medicare and Medicaid Services plans to begin implementing predictive modeling technology nationally this summer to help prevent fraud.

Electronic Healthcare Records

Choosing a New Leader at ONC

Howard Anderson  •  February 10, 2011

As David Blumenthal, M.D., prepares to step down as National Coordinator for Health Information Technology, it's a good time to assess the privacy and security issues that his successor must address.