The digital banking boom is still booming. On a fundamental level, this digital banking focus has centered on a singular goal: providing a great customer experience. But in the realm of banking statements, it seems [...]
In November, the Federal Financial Institutions Examination Council (FFIEC) issued a Joint Statement on Office of Foreign Assets Control (OFAC) cybersecurity sanctions. It warned that many entities sanctioned for malicious cyber activity claim to be [...]
Over the last decade, APIs have served as the prime catalyst for the expansion of today’s most popular technologies. In the simplest terms, APIs—or application programming interfaces—allow different software applications to communicate [...]
The list of this century’s biggest data breaches, which have exposed more than 4.99 billion records, reads like a corporate who’s who: Yahoo, eBay, Equifax, Heartland Payment Systems, Target, TJX Companies and [...]
Recently, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) published “A Framework for OFAC Compliance Commitments” to help organizations—including credit unions—take a risk-based approach to developing a [...]
Will Proposed Legislation Change the Risk Calculus for Financial Institutions? As states continue to legalize medical and recreational marijuana, pressure is mounting on both marijuana-related businesses (MRBs) and financial institutions due to current federal restrictions. [...]
Social media channels provide financial institutions with a unique opportunity to engage in helpful two-way communication with customers, prospects, employees and critics. However, communicating with customers through social media carries its own regulatory and compliance [...]
To better serve new and current document services customers, Computer Services, Inc., (CSI) (OTCQX: CSVI), a provider of end-to-end financial technology solutions, has opened a West Coast operations center in Sacramento, California. The new facility [...]
