Nick Shevelyov, chief security officer at Silicon Valley Bank, says FIs can no longer expect, or hope, to stop every incoming cyberattack — and using AI and ML to identify threats isn’t the 100-percent fix. In the latest Omni Security and Authentication Report, Shevelyov tells...
When Brex CEO Henrique Dubugras first started out as an entrepreneur, his first destination wasn’t finance — it was virtual reality (VR) technology. But that changed when he went to try and get a corporate card for his firm and found that it was a bigger-than-intended...
For all the buzz about the advent of real-time payments, and the various opportunities it can reportedly unlock, the lingering uneasiness is that speed also brings the potential for more fraud. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Alternative small business finance firm Funding Circle has signed on to provide data to dv01, a reporting and analytics platform focused on boosting transparency in the lending markets. In a press release issued Thursday (Oct. 11), the companies said they have struck a partnership allowing...
Corporates are gearing up to manage a whole slew of accounting standards changes in the coming years, but one of the more immediate effects involves how leases are recorded on financial statements. Reports in The Wall Street Journal said the changes could “upend” loan agreements, and...
Welcome to The Axis, your late look at payments news from around the world. Coverage includes Norway’s Vipps selection of Inside Secure to provide security for contactless payments. In addition, SmartPesa is rolling out an Android point-of-sale (POS) system, and South Africa’s Mugg & Bean (M&B)...
Earthport, a global payments company, announced Thursday it has been named by BNP Paribas to provide Automated Clearing House (ACH) cross-border payment services. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Spektral, a computer vision company located in Denmark, was acquired by Apple for more than $30 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...
SWIFT announced Thursday (Oct. 11) that Santander, the retail and commercial bank, has gone live on SWIFT’s global payments innovation (gpi) service in Spain, the U.K., Argentina and Poland. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
