Search results for "data security"

September 07, 2023
Prescription or Principle: Regulatory Design Choices for Artificial Intelligence

The meteoric rise of AI in the public’s consciousness and the launch of several innovative services, has brought with it fierce debate on how, if at all, technology and services...


September 07, 2023
Standard Deviation? Private Rule-Making Under the EU AI Act

The framework set out by the EU’s proposed Artificial Act (“AIA”) relies heavily on the use of standards developed by private European standard-setting organizations (“ESOs”) for its proposed implementation. The...


September 07, 2023
Italy and Spain Lead European Demand for All-in-One App

Consumers’ appetites for an all-in-one app are growing, with nearly 4 in 10 European consumers craving a single app to manage their everyday digital activities. PYMNTS’ latest research shows this...


September 07, 2023
Panel: Real-Time Ubiquity and Connectivity Turn Payments Into ‘Satisfaction Tools’

Real-time payments schemes are proliferating around the globe. Getting them to work in sync and breaking down the silos that exist between countries will be key to helping faster payments...


September 07, 2023
Why It’s Time for Credit Unions to ‘Double Down’ on...

Two heads are frequently better than one, and good things often come in pairs. That could be why, when Brian Scott, chief growth officer at credit union service organization PSCU, was asked...


September 06, 2023
Shop Circle Raises $120 Million to Develop eCommerce Tools

Shop Circle has secured $120 million in Series A funding to further develop its suite of eCommerce tools. The firm also aims to solidify its position as a one-stop shop for...


September 06, 2023
Cybersecurity Company IronNet to Furlough Workers and Explore Options

IronNet, a cybersecurity company founded by former Pentagon leaders, announced it will furlough most of its workers and explore options including bankruptcy reorganization or liquidation. The company made the announcement...


September 06, 2023
Temenos Introduces Gen AI Solution for Classifying Banking Transactions

Temenos has introduced a secure solution that uses generative artificial intelligence (AI) to deliver personalized banking experiences by automatically classifying customers’ banking transactions. The tool aims to enhance digital banking...


September 06, 2023
Norway’s Strise Raises $10.8 Million to Expand AML Offering

Strise has raised $10.8 million to bring its anti-money laundering technology to new markets. London-based venture capital firm Atomico, which led the Series A round, announced the funding for the Norwegian company...


Using AI to Combat AI Fraud in the Credit Union Space

Generative AI tools like ChatGPT have been game-changers across multiple industries, and digital fraud is no exception. The “Credit Union Tracker®,” a collaboration with PSCU, explores how fraudsters are using AI to target credit unions on an unprecedented scale.

Instant Payouts Reach an Inflection Point
Consumers Want Instant Payments — For Free More than two-thirds of consumers chose instant payouts if given the choice, but paying for it depends on the use case and the need. A new report, “Disbursements Satisfaction Report 2023,” a PYMNTS and Ingo Money collaboration, examines U.S. consumers and their expectations for instant payments across a range of use cases from gaming to legal settlements to loans to wages and insurance claims.