Charges in Equifax hack; Varo Money passes FDIC test


Four Chinese military members charged with stealing data of 150 million Americans; fintech can use deposit insurance, a step toward a full bank charter.


Will climate change spur crisis?; OCC, FDIC go it alone on CRA overhaul


Bank for International Settlements report says central banks don't have tools to handle climate change; banks could face different CRA rules.


Should banks expect cyberattacks from Iran?


Iranian hackers have a history of targeting U.S. banks. Security experts discussed how bankers can prepare themselves if such attacks are renewed as part of a response to the killing of Qassem Soleimani.


Russian 'Evil Corp' is behind a decade of bank hacks, U.S. says


The U.S. unveiled criminal charges and sanctions against members of a group that calls itself Evil Corp, which authorities blame for some of the worst computer hacking and bank fraud schemes of the past decade.


Zuckerberg makes his case to Congress; GAO opinion could help banks


Facebook CEO says the company won’t purse Libra anywhere if U.S. regulators disapprove; the agency says “guidance” was actually “rules.”


Deutsche, UBS discussed alliance; battle over regulation continues


The banks considered an “unusual” investment banking merger; Volcker rule win will be followed by fights on capital rules, liquidity and stress tests.


Capital One hacker’s other targets; yield curve inversion slaps banks


The former Amazon employee got info from 30 other entities, prosecutors say; another bad day for bank stocks, with 3% losses typical.


The Fed's real-time payments system; Sen. Wyden wants answers from Amazon


The payments system, called FedNow, would go head-to-head against one built by big banks; the senator from Oregon wants Amazon to address vulnerabilities in its cloud data storage.


Fed's examination of the cloud; lawmakers seek meeting with CapOne, Amazon


A Fed team toured an Amazon facility at about the same time Capital One’s data was hacked; House oversight members want answers from the CEOs of the two companies.


Capital One hacker may've hit UniCredit; Equifax offer overwhelmed


The FBI is looking into whether Italy’s largest bank was also hacked; about 4.5 million people have already inquired about getting a cash settlement with the credit bureau.