From the inception of the CARES Act and the first distributions of its relief funds, the Department of Justice (DOJ) has made clear that targeting fraud schemes, which seek to exploit the COVID-19 crisis, is a top law enforcement priority.
July 9, 2020 : National Law Review
Banks have enjoyed something of an unlooked-for reprieve during the COVID-19 crisis. Over the last decade, the industry was subject to increased regulatory scrutiny and public scorn triggered by misconduct scandals. During the coronavirus shutdown, however, banks have been critical partners to policymakers struggling to prevent a full-blown depression.
July 7, 2020 : Fortune
The bank is using software from startup CognitiveScale to monitor its AI algorithms for bias, data drift, and other business risks, says CIO Gavin Munroe.
July 6, 2020 : CIO
Fraudsters are all too willing to take advantage of our goodwill. Federal stimulus payments issued during the coronavirus are a magnet for identity theft.
July 6, 2020 : Security Boulevard
After months of growing all-too-familiar with the interior of my home—and the aisles of the local grocery store where toilet paper, hand sanitizer and all-purpose flour are stored, or not—it’s hard to think back on what I had planned to be doing before COVID-19 became a reality and rapidly changed how our nation lived and worked. In that pre-virus world, I anticipated traveling around the country talking with bankers from Mississippi to Wisconsin about the challenges they were facing at their banks—and what the American Bankers Association could do to help.
July 3, 2020 : ABA Journal