06.05.14
New York’s Department of Financial Services (DFS) announced plans to conduct targeted cyber security audits of financial institutions regulated by the state agency following the release of a report documenting an increase in the number and intensity of cyber intrusions.
05.22.14
New York’s Department of Financial Services (DFS) is expanding its efforts to combat illegal payday lending to New York consumers by taking a series of steps to prevent payday lenders from collecting payments through the MasterCard and Visa networks.
05.08.14
How can financial institutions better serve underbanked individuals?
04.24.14
Who should be responsible for paying for the costs of data breaches?
04.10.14
In what is being hailed by the Federal Trade Commission as a victory for regulators, a federal court judge in Nevada has ruled that the FTC has the authority to bring suit against payday lenders affiliated with American Indian tribes.
02.14.14
Financial institutions have been inundated with information since the release of the final Volcker Rule on December 10, 2013.
02.10.14
Although the parties reached a $7.25 billion class action settlement of the antitrust suit brought by merchants against Visa and MasterCard over swipe fees, the case is far from over.
12.05.13
JPMorgan Chase’s recent activity on Twitter provides an example of the need for financial institutions to use caution when using social media.
11.07.13
Noting a rise in the use of exclusions in insurance policies for executives at financial institutions, the Federal Deposit Insurance Corporation urged banks to review existing policies and consider the appropriate level of coverage.
07.02.12
By virtue of legislative inaction, on June 30, 2012, Governor Brown's Reorganization Plan 2 (GRP 2) has been approved.
