Search results for "data security"

April 22, 2024
Coupa and Bottomline Join Forces for Payments Automation

Margin multiplier company Coupa has launched a partnership with business payments provider Bottomline. The collaboration, announced Monday (April 22), is designed to simplify digital payment processes for businesses, letting Coupa connect to Bottomline’s Paymode-X to...


April 22, 2024
FI Operational Resiliency Goes Proactive as UK Regulations Loom

Bad things can happen to good companies. And with the news Friday (April 12) that instant money movement platform TabaPay is acquiring Synapse’s assets following the latter’s bankruptcy, operational resilience is increasingly top of...


April 22, 2024
Commerzbank Fined for Money Laundering Compliance Failure

A German financial regulator has reportedly fined Commerzbank $1.5 million for anti-money laundering violations. BaFin said Monday (April 11) that the bank failed to update customer data on time and did not provide sufficient security...


April 22, 2024
Meta’s Llama 3 Model Has Potential to Shake Up AI...

Meta has unveiled the latest iterations of its open-source Llama artificial intelligence (AI) model, which is causing ripples through the AI community. As the AI arms race continues to heat...


April 21, 2024
Digital Birth Certificates Expand Range of Paperless IDs in Connected...

You’ve likely heard of digital driver’s licenses, digital passports, and digital IDs. Now, digital birth certificates are emerging as the latest addition to the digital identity landscape, offering a glimpse into the future...


April 21, 2024
TikTok: Ban Will Hurt 7 Million US Businesses

TikTok says a ban on its platform in the U.S. hurts free speech and American businesses. The social media platform made this argument Sunday (April 21), one day after the U.S....


April 21, 2024
Report: US Looks to Forge AI Partnerships With UAE

The White House reportedly wants U.S. artificial intelligence (AI) companies to form partnerships in the United Arab Emirates (UAE). By launching operations in the UAE, the U.S. could build an...


April 21, 2024
Air Travelers Help Fuel $2 Trillion Global Money Laundering System

Each year, money launders funnel $2 trillion in ill-gotten gains into the financial system. And a lot of that money travels by air, in cash, often in people’s suitcases, The...


April 19, 2024
Making Sense of Why FIs Are Tokenizing Real-World Assets 

The tokenization of real-world assets (RWA) is emerging as more than just a token exercise. It’s another function of the blockchain landscape that has captured the imagination of various players...


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.