April 23, 2024
90% of FIs Say a Fraud-Prevention Vendor’s Reputation Is Key...
More than 40% of financial institutions (FIs) report seeing increasing volumes of fraud and financial crimes, according to PYMNTS Intelligence data. Faced with this onslaught of illicit activities, it’s little...
April 22, 2024
Hackers Were in Change Healthcare System 9 Days Before Ransomware...
Hackers were reportedly in the networks of UnitedHealth Group’s Change Healthcare unit for days before launching their ransomware strike. They gained entry to the networks on Feb. 12, using compromised...
April 22, 2024
Phone Number Data Expands Fraud Prevention Arsenal
While digital identities incorporate various data points such as name, email and physical address, phone numbers are swiftly emerging as the predominant means of identification. Data from digital identity platform iconectiv underscores...
April 22, 2024
Verafin Adds AI Copilot to Financial Crime Management Solutions
Verafin has added an artificial intelligence (AI) copilot to its suite of financial crime management solutions. The new Entity Research Copilot is being rolled out to the firm’s customer base of...
April 22, 2024
Microsoft’s AI-Powered VASA-1 Could Enable Webcam-Free Video Calls
Get ready for AI to make videos from just your picture. Microsoft Research recently unveiled VASA, a new AI framework demonstration capable of generating “hyper-realistic” talking faces from a single portrait and...
April 22, 2024
Basware Debuts AI-Powered Fraud Prevention Tool
Accounts payable (AP) automation company Basware has launched a new fraud/error protection solution. AP Protect, announced Monday (April 22), is an artificial intelligence (AI)-powered tool that helps finance teams guard against fraud,...
April 22, 2024
93% of Mid-Sized Firms Plan More Automation For AP/AR Systems...
Mid-sized firms are as eager as their large enterprise counterparts to fully automate their accounts payable (AP) and accounts receivable (AR) processes; however, research shows the majority of them are...
April 22, 2024
Payflows Raises $26 Million for All-In-One Finance Platform
French FinTech Payflows has raised $26 million for its all-in-one platform for finance teams. The company announced the funding on LinkedIn as it emerged from stealth Monday (April 22), saying that its platform would...
April 22, 2024
GoCardless Integrates A2A Payments App With Intuit QuickBooks in US
Global bank payment company GoCardless has launched an integration with Intuit QuickBooks in the United States. This regional integration builds on the existing relationship the two companies have in the...
