Data breaches

New Equifax CEO vows to keep banks in the loop

05/16/18

Mark Begor said Wednesday that banks and other customers will receive regular updates on the credit reporting agency’s efforts to improve its cybersecurity in the wake of last year’s massive data breach.

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A fintech shifts gears to virtual cards

05/15/18

Regalii has changed its name to arcus and switched from cross-border bill payment to helping banks use tokenization to reissue lost, stolen or breached cards.

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Equifax breach shows need for public CFPB complaints: Dem senators

04/30/18

Acting CFPB Director Mick Mulvaney told a group of bankers last week that he intends to end public access to complaints, but Sen. Elizabeth Warren and two other Democrats argue that would be a mistake.

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Mulvaney's BCFP, Zelle's bumpy ride, BB&T's glitch: Top stories of the week

04/27/18

In addition to changing the name of the Consumer Financial Protection Bureau, the acting director wants to also nix public complaints; the good, bad and ugly in Zelle's ascendance; a case study for digital outage recovery; and more from this week's most-read stories.

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Mulvaney response to CFPB data security gaps baffles cyber experts

04/23/18

The agency's acting chief said hundreds of data breaches justified a halt on collecting information from firms, but experts question that logic.

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Did SunTrust wait too long to announce data theft?

04/20/18

SunTrust let about eight weeks pass before telling the public that data tied to 1.5 million customers had been stolen.

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Former SunTrust employee said to have stolen customer data

04/20/18

The news of the data breach cast a shadow over relatively strong first-quarter earnings for the Atlanta bank.

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Senate ready to repeal CFPB auto rule; Tax cuts juice bank profits

04/18/18

The Senate is expected to pass a bill that would ax controversial guidance on loans at car dealerships; lower tax rate may have skewed year-on-year comparisons.

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Former Mastercard chief joins Equifax board

03/21/18

Robert Selander was named an independent director of the embattled credit bureau, which is still trying to regain public confidence after a huge data breach last year.

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Senate passes Dodd-Frank rollback; Sloan's payday

03/15/18

The measure easily passes with a two-thirds majority; Wells Fargo CEO's pay up by a third, but no cash bonus.

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