Federal watchdog guts rules for payday loans
The agency’s new director reversed course on regulations intend to prevent borrowers from being caught in an endless cycle of short-term, high interest loans.
IBM takes cybersecurity training on the road with classes in a semi
IBM has created a mobile version of its cyber training range to go on the road to businesses and communities that need to develop skills,...
Banks and retailers are tracking how you type, swipe and tap while browsing online
Biometrics are moving way beyond fingerprints: To fight fraud, companies are building databases on people’s behaviors and movements.
Nike will raise wages for thousands after outcry over inequality
Nike, based in Beaverton, Oregon, said the changes would affect about 10 percent of its 74,000 employees worldwide.
Banks set up war rooms, adopt military-style tactics to fight cybercrime
Cybercrime is one of the world’s fastest-growing and most lucrative industries, and seen as one of the greatest risks to the U.S. financial sector. For...
Credit-card signatures on verge of extinction
The signature, a centuries-old way of verifying identity, is rapidly going extinct. Personal checks are anachronisms. Pen-and-ink letters are scarce. When credit-card signatures disappear, handwritten...
Kenneth Chenault ending 16-year run at helm of American Express
Kenneth Chenault, one of the longest-serving executives in finance and one of corporate America’s few black top leaders, will retire next year as the chairman...