Carter Pape

Corvallis

Technology Reporter at American Banker

Cybersecurity reporter for @AmerBanker. @NCState math alumnus. I also make open source things. It's pronounced as "poppy". he/him

Articles

What we learned at this year's Digital Banking Conference

1 day ago | americanbanker.com | Melinda Huspen |Chana Schoenberger |Penny Crosman |Carter Pape

The future of banking was the overarching theme of American Banker's Digital Banking Conference this week. Digital trends such as open banking, artificial intelligence and decentralized finance are accelerating the democratization of financial services. This shift, in turn, is helping banks meet customer demand for cheaper, faster and more personalized digital financial products.
What we learned at this year's Digital Banking Conference

2 days ago | today.westlaw.com | Melinda Huspen |Chana Schoenberger |Penny Crosman |Carter Pape

The future of banking was the overarching theme of American Banker's Digital Banking Conference this week. Digital trends such as open banking, artificial intelligence and decentralized finance are accelerating the democratization of financial...
Arvest Bank glitch enabled customers to see other customers' data

1 week ago | americanbanker.com | Carter Pape

Arvest Bank has disclosed a data breach that temporarily allowed some bank customers to see other customers' personal information. The incident affected 7,537 people. The incident, which the bank attributed to a "technical glitch" during routine system updates, according to a letter to affected customers, occurred on April 24, 2025. The bank said it quickly detected and resolved the incident by temporarily disabling some online banking functions.
Here's what banks must do to secure open banking data

1 week ago | americanbanker.com | Carter Pape

The concept of open banking, or financial data sharing between banks and fintechs, comes with a number of security concerns. What if an application programming interface — a tunnel through which data passes from one application to another — is compromised? What if data stored at a fintech or data aggregator gets hacked?
Here's what banks must do to secure open banking data

1 week ago | today.westlaw.com | Carter Pape

The concept of open banking, or financial data sharing between banks and fintechs, comes with a number of security concerns. What if an application programming interface — a tunnel through which data passes from one application to another — is...
Arvest Bank glitch enabled customers to see other customers' data

1 week ago | today.westlaw.com | Carter Pape

Arvest Bank has disclosed a data breach that temporarily allowed some bank customers to see other customers' personal information. The incident affected 7,537 people. The incident, which the bank attributed to a "technical glitch" during routine...
Fraud charges hit replacement cards, frustrating consumers

1 week ago | americanbanker.com | Carter Pape

Recent customer anecdotes serve as a reminder to issuing banks to flag fraudulent merchants to prevent recurring, unauthorized transactions when banks issue replacement cards. (VAU) and Mastercard Automatic Billing Updater (ABU) both allow merchants to prevent payment declines when issuers replace expired, lost or compromised cards. However, some recent instances involving compromised cards have resulted in unauthorized charges reappearing on newly issued cards.
Fraud charges hit replacement cards, frustrating consumers

1 week ago | today.westlaw.com | Carter Pape

Recent customer anecdotes serve as a reminder to issuing banks to flag fraudulent merchants to prevent recurring, unauthorized transactions when banks issue replacement cards.
United Bankers Bank brings real-time payments to small banks

1 week ago | americanbanker.com | Carter Pape

As consumers and businesses increasingly demand faster and more convenient payment methods, real-time payments are moving toward becoming a fundamental expectation rather than an emerging technology. For financial institutions, particularly community banks, adapting to this new landscape is crucial for maintaining relevance.
United Bankers Bank brings real-time payments to small banks

1 week ago | today.westlaw.com | Carter Pape

As consumers and businesses demand faster and more convenient payment methods, real-time payments are moving toward becoming a fundamental expectation rather than an emerging technology. For financial institutions, particularly community banks,...