September 06, 2023
Mark McAllister Favored Candidate for Chair of UK’s Ofgem
Mark McAllister was named the government’s favored candidate to be the next Chair of Ofgem, the energy regulator. This decision comes as the demand for cheaper, cleaner energy is growing...
September 06, 2023
EU Names Amazon and Meta Among Its 6 ‘Gatekeepers’
The European Commission has named six tech giants as “gatekeepers” under its Digital Markets Act. That distinction, announced Wednesday (Sept. 6), applies to Alphabet, Amazon, Apple, ByteDance, Meta and Microsoft, and gives the companies six months to comply with the Digital...
September 06, 2023
Credit Unions Counter the Growing Risk of AI Fraud
Digital banking has become the primary way many members engage with their credit unions. These interactions are typically quicker and more convenient than traveling to a physical branch or an...
September 06, 2023
Credit Union – September 2023
Credit Union – September 2023
September 05, 2023
IRIS Expands Outsourcing Service to Accounting Firms in Americas
Global software provider IRIS Software Group has introduced its IRIS Outsourcing service for accounting firms in the Americas market. This service aims to tackle the talent gap in the industry by offering a range...
September 05, 2023
Crunchfish and LISNR Team on Offline Merchants Payments in APAC
Crunchfish, a Swedish company specializing in digital cash platforms, has joined forces with LISNR, a data-over-audio technology solutions provider, to enable offline payments for merchants and banks in the Asia...
September 05, 2023
Bluevine Expands FDIC Insurance Coverage by Working With Sweep Network
Bluevine, a digital banking platform catering to small businesses, has expanded its Federal Deposit Insurance Corporation (FDIC) insurance coverage. Account holders with Bluevine will now have coverage of up to $3 million,...
September 05, 2023
Tata Consultancy Services and FundingShield Collaborate Against Wire Fraud
Tata Consultancy Services (TCS) and FundingShield have partnered to enhance accessibility to wire fraud prevention tools in the financial services industry. With the increasing prevalence of cybersecurity risks, lenders are placing greater emphasis...
September 05, 2023
Boost and Esker Partner to Automate B2B Virtual Card Payments
Boost Payment Solutions and Esker have partnered to fully automate virtual card processing for accounts receivable (AR) departments. The collaboration seeks to streamline payment reconciliation and eliminate manual efforts, offering greater efficiency and...
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.