KBRA warns that stable delinquency rates could rise in the months ahead as banks have focused on short-term relief

The impact of the COVID-19 pandemic has heavily impacted the two banks’ plans to combine operations

Financial institutions are now quickly shifting priorities to ensure they are equipped to conduct business in a changing environment while also dealing with the effects of a health crisis

Fraudsters have significantly expanded phishing campaigns to include COVID-19 messaging

Officials have dumped an enormous amount of money into the economy in a matter of weeks. That means the environment is ripe for fraud.

Half of IT professionals surveyed said their companies did not have enough staff or budget to adequately support cybersecurity efforts

Banks and credit unions need to be able to identify which of the loans in their portfolios are at risk of default, so that they can proactively address that risk

Some states are phasing out stay-at-home orders and allowing businesses to reopen after nearly two months of lockdown

Bank of America was sued by plaintiffs alleging that the bank violated the CARES Act by prioritizing borrowers with existing lending relationships and did not allow applicants without such relationships…

Complex regulations and required manpower are pushing costs higher, but fraud attempts are rising