security

March 28, 2016

Fewer Lenders Loosen Credit Standards

Fewer lenders eased their credit standards over the previous 3 , according to Fannie Mae’s Mortgage Lender Sentiment Survey for the first quarter.  Doubling down on […]
March 25, 2016

Collector Accused of Stealing $1M in Debts

Alan Ceccarelli, a Buffalo, N.Y.-based debt collector, allegedly misled and coerced thousands of people into paying debts they possibly didn’t owe, according to a 41-count grand […]
March 18, 2016

CFPB Recovers $14.3 Million for Consumers

The Consumer Financial Protection Bureau (CFPB) released its latest supervision report where the exams of banks and non-banks resulted in the remediation of $14.3 million to approximately 228,000 […]
March 15, 2016

What Banks Can Learn From the IRS Data Breach

The IRS recently acknowledged that the number of taxpayers whose information has been stolen by hackers through its systems is 724,000 – more than double the […]
March 10, 2016

Consumer Bankruptcy Filings Down; Commercial Filings Up

Total U.S. bankruptcy filings decreased just 1% in February from the same period last year, according to data provided by Epiq Systems, Inc. Bankruptcy filings totaled […]
March 7, 2016

Some Advisers Aren’t Reporting Cyber Breaches

Many advisory firms are playing with fire by failing to report to regulators cybersecurity breaches, both big and small, experts say.  “What we see firms are […]
March 2, 2016

Subprime Borrowers Are Falling Behind on Auto Loans

More borrowers with spotty credit are failing to make monthly car payments on time, a troubling sign for investors who have snapped up billions of dollars […]
March 1, 2016

Banks’ Biggest Cyber Threat Might Be ‘Human Element’

In the battle against cybercrime, investing in people is just as important as investing in technology.  Cybercriminals are increasingly targeting individual bank employees to get access inside the […]
February 19, 2016

Big Banks Top Customer-Satisfaction Survey

For the first time ever, the nation’s 6 largest depository institutions scored higher than their smaller peers in overall customer satisfaction, according to the most recent […]