Bankruptcy Blogs

Payments fraud: Mitigating your risks

07/15/19

As the shift to digital and mobile platforms gains momentum, payment fraud losses continue to be a significant problem for financial institutions. Are you mitigating your risks?

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Seven trends in payment processing

07/15/19

The U.S. payment system is at a critical juncture as advancements in computing speed and an influx of new payment solutions, and providers, reshape the global payment processing landscape. Here's what you need to know.

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Inside Citi's plan to combat business payments fraud with AI

07/15/19

The bank is taking a concept that has worked for years in the credit card world — artificial-intelligence-based fraud detection — and applying it to corporate customers' transactions.

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House Democrats seek to bar tech firms from operating like banks

07/15/19

Lawmakers circulated a bill just ahead of hearings on Facebook’s Libra cryptocurrency that would prohibit companies with over $25 billion in annual revenue from launching a digital financial asset.

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State regulators are critical to fintech oversight

07/15/19

The argument that only the federal government is up to the task is misguided.

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Citi leans on cost cuts and consumers as trading sputters

07/15/19

Noninterest expenses fell 2% to $10.5 billion — almost $100 million lower than the average estimate from analysts.

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Citi opens bank earnings season; SEC ponders authority over Libra

07/15/19

Investors eye how low rates, flat yield curve will affect bank profits; agency is determining if it has oversight power over Facebook’s planned cryptocurrency.

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Banks nearly have REO monkey off their backs a decade after crisis

07/14/19

Lenders have reduced their holdings of foreclosed one- to four-unit family residences to roughly $2.6 billion of homes, down from more than $14 billion in 2010. Economists expect the trend to continue, but there are red flags to keep an eye on.

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Will Libra force Congress to act on data protection?

07/14/19

Almost two years after the Equifax breach led to a congressional uproar but minimal policy change, the protracted fight to enact data security and privacy reform has a new bogeyman.

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Trump team wary of Fannie-Freddie fix before 2020 election

07/12/19

The Trump administration is growing wary of taking bold steps toward freeing Fannie Mae and Freddie Mac from federal control before the 2020 election, said people familiar with the matter, in part because of the political risk of potentially upending the U.S. mortgage market.

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