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Investigation Into Morgan Stanley’s Wealth Arm Underscores Scrutiny of AML and Onboarding Efforts 
Investigation Into Morgan Stanley’s Wealth Arm Underscores Scrutiny of AML and Onboarding Efforts 
April 11, 2024  |  Security & Fraud

Anti-money laundering (AML) defenses might begin at the point of onboarding. The needs are for all manner of firms — and especially banks and investment...

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Why It Seems Like Every AI Company is Making Their Own Chip
Why It Seems Like Every AI Company is Making Their Own Chip
April 11, 2024  |  artificial intelligence

Big Tech firms are racing to develop custom chips that supercharge the efficiency and cut costs of artificial intelligence (AI). Meta has launched its latest...

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Rappi Getting Ready for IPO ‘When It Makes Sense’
Rappi Getting Ready for IPO ‘When It Makes Sense’
April 11, 2024  |  IPO

Delivery service Rappi is getting ready for a future initial public offering (IPO). The company, which is one of Latin America’s most valuable startups, does not have...

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Verituity Taps Mastercard to Enable Near-Real-Time Payments for Banks
Verituity Taps Mastercard to Enable Near-Real-Time Payments for Banks
April 11, 2024  |  Real-Time Payments

Verituity has teamed up with Mastercard to enable near-real-time payments for commercial banks and payers. This collaboration sees Verituity’s white-labeled payments platform integrating Mastercard’s portfolio of domestic...

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OCC’s Hsu Encourages FIs to Help Immigrants Gain Access to Credit   
OCC’s Hsu Encourages FIs to Help Immigrants Gain Access to Credit   
April 11, 2024  |  Financial Inclusion

This week, Michael Hsu, acting comptroller of the currency at the Office of the Comptroller of the Currency (OCC) called on U.S. financial institutions (FIs) to take...

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Tabs Secures $7 Million to Scale AI-Powered AR Platform
Tabs Secures $7 Million to Scale AI-Powered AR Platform
April 11, 2024  |  artificial intelligence

Tabs has secured $7 million in seed funding to scale its artificial intelligence (AI) accounts receivable (AR) platform. The company’s Tabs AI platform understands and extracts...

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Wave of AI Models Signals Intense Industry Rivalry
Wave of AI Models Signals Intense Industry Rivalry
April 11, 2024  |  Artificial Intelligence

The rise of several artificial intelligence models indicates a fresh surge in industry rivalry, possibly setting the stage for an array of innovative commercial applications....

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Alphabet Stock Rises Amid Introduction of AI Products
Alphabet Stock Rises Amid Introduction of AI Products
April 11, 2024  |  Google

Alphabet’s stock is reportedly headed toward a $2 trillion market value, driven by investors becoming more optimistic about the company’s strategy in the artificial intelligence...

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4 in 10 Omnichannel SMBs Use eCommerce to Reach New Markets
4 in 10 Omnichannel SMBs Use eCommerce to Reach New Markets
April 11, 2024  |  SMBs

As small and medium-sized businesses (SMBs) on Main Street, USA increasingly make their offerings available online, many are looking to digital channels to expand to...

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