US credit card fraud increased last year despite efforts by firms to beef up their security, according to an Association for Financial Professionals (AFP) survey.
US authorities have charged three men accused of using information hacked from more than a dozen financial service firms in a bid to steal at least $15 million.
Up to 95% of the world's ATMs could be left wide open to hackers next month when Microsoft ends tech support for the Windows XP operating system, the PCI Security Standards Council is warning.
Interbank messaging network Swift has recruited a group of major banks to help develop its centralised KYC utility for the collection and distribution of standard information required by banks as part of their due diligence processes.
The National Retail Federation has called on American banks to follow the lead of JPMorgan Chase and move to chip and PIN credit cards, rather than chip and signature.
JPMorgan Chase has set out plans to cut around 8000 jobs this year as it shrinks branches and pushes self-service and the use of digital channels.
Chase today unveiled a new simple and clear disclosure form for its Chase Liquid® prepaid card.
Capital One has taken a stake in ClearXchange, the US bank-backed clearing house for person-to-person online payments transfer via mobile or e-mail.
ParFX, the spot forex electronic trading platform set up by Tradition last year, has added Citi and JP Morgan to its founder bank community.
J.P. Morgan Retirement Plan Services has developed a unique data visualization tool that gives sponsors and advisors a vastly improved view into the saving and investing behaviors of 401(k) plan participants.
© Finextra Research 2014