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A class action asserts that the data aggregator accesses more of consumers' bank account information than it needs and ultimately aims to sell the data to others. Plaid, which has agreed to be sold to Visa, denies the allegations.
July 13 -
U.S. officials have raised questions about the security of TikTok, which is owned by Chinese company ByteDance.
July 13 -
The company’s new suite of APIs is designed to help firms develop technology with its data, but they aren’t the only player using data to conquer advisor fintech.
June 27 -
In a new twist on an old scam, cybercriminals have tried to get thousands of people to surrender their Wells bank account information by sending authentic-looking emails containing malicious links that lead to a fake website bearing the company's name.
June 22 -
Mobile banking use has swelled since the pandemic hit, and law enforcement officials expect hackers to target the credentials of digital novices. The FBI stressed the importance of two-factor authentication and ensuring consumers know how to spot fake apps that carry malware.
June 11 -
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The data on Black and Latino advisors helps track the industry’s progress amid nationwide Black Lives Matter protests.
June 3 -
Videoconferencing tools have helped us feel less isolated during the coronavirus lockdown, however protecting private information can’t be overlooked.
May 28
Mercer Advisors -
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The hackers claim to be officers from the regulatory agency who have documents requiring immediate attention.
May 5 -
Without centralized IT protocols RIA cyber fraud scenarios are taking on new and nightmarish dimensions — but there are ways for firms to defend themselves.
April 30 -
The appointment comes as part of an equity investment by FTV Capital to expand the footprint of the company formerly owned by RCS Capital.
April 29 -
Compliance attorneys for large wealth managers outline which questions are critical in light of the substantial regulatory requirements.
April 13
Alston & Bird -
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Financial institutions need to alert customers about emails or websites that pretend to offer important COVID-19 information but instead could end up stealing their account numbers or logins.
March 11 -
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Best-in-class IT management and cybersecurity protection means RIAs must also focus on their base layer — the tech stack.
January 29
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