A review of five U.S. financial regulators responsible for protecting consumers’ personally identifiable information (PII) revealed four have failed to follow key practices, such as...
As regulators worldwide consider ways to police cryptocurrency, the U.S. reports use of crypto payments to enable illegal human and drug trafficking is on the...
Federal agencies lack controls to ensure that Americans aren’t collecting unemployment while also getting paid by companies utilizing Paycheck Protection Program (PPP) loans, the U.S....
Knowledge-based authentication is a popular choice among merchants and FIs for convenient digital ID verification – but with data breaches becoming a regular occurrence, reliance...
After the massive Equifax data breach, a federal watchdog is warning the government against relying on credit agencies to verify the identifies of individuals using...
The Government Accountability Office (GAO) and members of congress say the FBI’s use of facial recognition technology isn’t private or accurate enough, according to a...
Collaborative efforts between FinTech firms and traditional FIs could get a boost amid guidelines for alternative data used in credit decisions, said the GAO. In...