August 08, 2023
China Calls for Limits on Facial Recognition Tools
China wants its businesses to think twice before using facial recognition technology. The country’s Cyberspace Administration (CAC) on Tuesday (Aug. 8) introduced draft regulations calling for limits on facial recognition and proposing instead the...
August 08, 2023
Discover Global Network: Connecting Domestic Schemes Is Critical for Financial...
Domestic payments schemes have taken on a broad range of different shapes and forms through the past several decades. Some of them — such as FedNow, the faster payments initiative...
August 08, 2023
Back-Office Overhaul Critical to Survival in Faster Payments Landscape, Says...
Just a few weeks after launch, FedNow is live. Miriam Sheril, Head of Product, U.S. at Form3, said that the initial interest and embrace by banks just a few weeks since the Federal...
August 07, 2023
Tackling Modern Fraud Requires Protecting Payment Devices in Real Time
In today’s fast-evolving and increasingly crowded business ecosystem, choosing the right partner is all-important. But as with all of life’s biggest questions, the answer is not always obvious and tends...
August 07, 2023
Social Engineering Enabled $37 Million Theft From Crypto Firm CoinsPaid
Social engineering enabled the July 22 hacker attack and theft of $37 million from crypto payments provider CoinsPaid. The hackers gained access to an employee’s computer by contacting them with...
August 07, 2023
Revolut Self-Shutters US Crypto Business as Coinbase Moves to Dismiss...
It has been a truly humbling past 12 months for the crypto sector. The alternative value-transfer vehicle, which was supposed to revolutionize the traditional financial system with democratized and trustless...
August 04, 2023
Expedia Sees ‘Tremendous Momentum’ in B2B Segment
Travel website Expedia has a well-known consumer-facing website, but it also delivers a growing number of products behind the scenes. The company is seeing “tremendous momentum” in its B2B business,...
August 04, 2023
Banks and Merchants Look to Receipts for Data That Drives...
A sticky customer base makes for a happy business. And the technical opportunities and innovations embedded across today’s data-rich operating landscape are helping financial institutions, FinTechs and merchants unlock more...
August 03, 2023
Couple Plead Guilty to Money Laundering After Bitfinex Hack
A married couple from New York City have pleaded guilty to money laundering and conspiracy charges stemming from the hack and theft of 120,000 bitcoin from the global cryptocurrency exchange...
