June 20, 2023
95% of Data-Ready FIs and FinTechs Use Item-Level Data in...
When it comes to receipt-level data, the dollars are in the details. That’s one way to summarize the value that item-level data can represent to companies across the business spectrum....
June 20, 2023
Two Former Wirecard Executives Sentenced to Prison in Singapore
Two former Wirecard executives have been sentenced to prison in Singapore. James Wardhana, who was the international finance process manager of Wirecard Asia, and Chai Ai Lim, who was the...
June 20, 2023
Boost Payment Solutions and OneSource Virtual Partner on Automated AP
Boost Payment Solutions and OneSource Virtual (OSV) have partnered to fully automate invoice payments for Workday customers. This collaboration brings together OneSource Virtual’s new Invoice Pay product and the Boost Intercept straight-through processing solution, the...
June 19, 2023
Google Files New Lawsuit Over Fake Reviews
Google has filed a lawsuit in San Jose federal court against a man and his companies based in Los Angeles. The lawsuit alleges that he created numerous fake business listings...
June 19, 2023
Bankman-Fried Prosecutors Agree To Temporarily Withdraw Some Charges
Federal prosecutors have agreed to withdraw several charges against FTX founder Sam Bankman-Fried. The decision — announced in a letter to U.S. District Judge Lewis Kaplan Wednesday (June 14) — is a victory for...
June 16, 2023
OCC Head: AI Offers Banks Benefits and Risks as It...
For Michael J. Hsu, the acting U.S. Comptroller of the Currency, the potential benefits of using widespread artificial intelligence (AI) in banking “are significant.” But so too are the risks,...
June 16, 2023
How Banks and Merchants Make Payments Easy While Keeping Them...
Today’s new digital operating environment is ripe with opportunities for payment innovations. It is also rife with pitfalls due to the incumbent operators and the emergent innovators increasingly finding themselves...
June 16, 2023
Senators Demand Answers From Venmo and Cash App on Fraud
A quartet of Senate Democrats want Venmo and Cash App to offer better fraud protection. The four senators — Sherrod Brown of Ohio, Elizabeth Warren of Massachusetts, Jack Reed of...
June 16, 2023
10 Insiders on Generative AI’s Impact Across the Enterprise
When it comes to generative artificial intelligence (AI), it isn’t the sky that is falling. It’s the operational landscape that’s being reshaped. That’s because AI doesn’t replace labor, according to...
