security

May 23, 2016

Are House Prices Creeping Toward Bubble Territory?

A decade ago, a bubble in house prices led to the worst financial crisis since the Great Depression.  House prices then collapsed, falling below their long-term […]
May 17, 2016

Reverse Mortgages Safer But Still Have Issues

Across the nation, a sticky subgroup of foreclosure cases involves reverse mortgages.  These loans, usually taken out by seniors, are heavily promoted in advertising and aimed […]
May 10, 2016

Lenders Tighten Standards on Loans to Oil/Gas Industry

Lenders in the U.S. tightened standards and restructured loans for businesses in the oil and gas sector in the opening months of the year amid slumping […]
May 9, 2016

FinTech Threatens 30% of Bank Jobs

A wave of innovation has made it possible for people to get their banking done without walking into a branch if they don’t want to. People […]
April 28, 2016

Some Merchants See Decline in Fraud with EMV

The new chip-enabled cards flowing into the U.S. marketplace have already made a dent in fraud, with some of the biggest merchants seeing a dip of […]
April 27, 2016

Chip Cards Still Causing Frustration

U.S. Credit-card networks began pitching chip cards years ago to protect against counterfeits, and merchants were supposed to join banks and payment processors by Oct. 1, or face […]
April 21, 2016

Banks, Credit Unions Victims of $4M Cybertheft

Cyberthieves using malicious software discovered by IBM Security have stolen $4 million from business customers of two dozen financial services providers this month, according to IBM. […]
April 19, 2016

Lenders Need to Prepare for Cyber Attacks

The sudden ordinariness of corporate data breaches has led to feelings of helplessness inside the financial industry.  That sense of despair is apt to be particularly […]
April 6, 2016

Can Banks Become Unphishable?

In a warning issued this week, the FBI said it’s seen a 270% increase in identified victims and exposed losses due to business email compromise since […]