April 19, 2023
CFPB Data Breach Exposes Data of 250,000 Consumers and 45...

The Consumer Financial Protection Bureau (CFPB) has told lawmakers that it suffered a data breach. A CFPB employee, who no longer works there, forwarded to a personal email account personal...

April 19, 2023
NICE Actimize Adds AI-Based Suspicious Activity Monitoring to AML Solutions

NICE Actimize has added Suspicious Activity Monitoring (SAM-10) to its Anti-Money Laundering (AML) solutions. The new SAM-10 features artificial intelligence (AI)-based AML transaction monitoring and multilayered analytics to detect more...

April 19, 2023
Airbase Adds Guided Procurement to Spend Management Platform

Airbase has added Guided Procurement to its spend management platform. The new procurement function automates the intake process for purchasing by directing employees to capture all necessary information and documentation,...

April 19, 2023
Europe’s Neobank Struggles Offer Fertile Ground for Traditional FIs to...

The neobanks promised to shake up the world. Especially in Europe. It hasn’t quite worked out that way. As the first quarter of 2023 is firmly in the rearview mirror,...

April 19, 2023
Instant Wage Payouts Could Aid Employers as Workers Eye Better-Paying...

Wage growth is still on the rise despite the recently cooling job market, leading some employers to turn to pay-related “perks” in order to retain workers. Bureau of Labor Statistics...

April 19, 2023
Report: Allianz Selling Share of N26 at Sharp Discount

Insurance group Allianz is reportedly selling its stake in neobank N26 at a steep discount. According to a report late Tuesday (April 18) by the Financial Times, sources say Allianz’s...

April 19, 2023
Sparkle COO Says Open Banking Builds Trust by Putting Consumers...

After years of advocacy, open banking is now live in Nigeria, the first country in sub-Saharan Africa to adopt the regulation. The launch marks an important milestone for the country’s...

April 18, 2023
Coinbase Expects Court Battle With SEC and More Investments Overseas

Coinbase expects to fight a court battle and boost its investments outside the United States. These moves are coming because the U.S. has fallen behind other jurisdictions in developing regulatory clarity...

April 18, 2023
EC Proposes Devoting $1.2 Billion to New Cybersecurity

The European Commission has proposed devoting 1.1 billion euros (about $1.2 billion) to new cybersecurity initiatives. The proposal of the European Union Cyber Solidarity Act comes at a time when cybersecurity incidents pose a...