Search results for "data security"

April 17, 2024
NCR Voyix Warns on Instant Payments Adoption Delays

Real-time payments have enjoyed optional status up to this point. But they are quickly becoming an essential competitive factor for financial institutions (FIs), especially in sectors like real estate and...


April 17, 2024
From Trips to Tips: How Faster Payments Can Elevate Travel...

The hospitality and travel industries have endured a turbulent few years, with the pandemic bringing operations to a halt as travel restrictions led to declines in tourism and subsequent layoffs....


April 17, 2024
43% of eCommerce Execs Say Two-Factor Authentication Can Mitigate Fraud

It’s imperative for eCommerce merchants serving international markets to be able to complete frictionless cross-border transactions. However, since these merchants must also fend off fraudsters, they must find and employ...


April 16, 2024
Former OpenAI Board Member Says AI Needs Reporting Mechanism, Auditors

There should be a reporting mechanism in place for incidents when artificial intelligence (AI) goes wrong, just as there is for airplane crashes, a former OpenAI board member said Tuesday (April 16)....


April 16, 2024
Can Legacy B2B Payments Coexist With ISO 20022 Migration Strategies?

Traditional B2B payments, with end-to-end processes frequently characterized by delays and complexities, remain stubbornly intractable.  But with the Federal Reserve Bank of Atlanta highlighting on Monday (April 15) that the Federal...


April 16, 2024
Will On-Device AI Processing Bring More Shoppers to Mobile Commerce?

Artificial intelligence (AI) is being embedded directly into devices, potentially boosting app speeds dramatically. As Apple reportedly gears up to introduce AI-powered features on the iPhone that rely on on-device processing...


April 16, 2024
Congress Calls for Proactive Policies to Combat Security Breaches

The internet looks very small to an attacker, but massive to a defender. And a persistent reality of the 21st century’s connected economy is that many digital doors are left...


April 16, 2024
Prove Adds ID Verification Tools to AWS Marketplace

Prove has added its customer experience and ID verification/authentication offerings to AWS Marketplace. According to a Tuesday (April 16) news release, the addition lets customers access Prove’s commerce enablement, identity verification and identity...


April 16, 2024
EU Cybersecurity Label Vote Delayed Amidst Big Tech Debate

National cybersecurity experts within the European Union have postponed a crucial vote on a draft EU cybersecurity label, extending the timeline for tech giants like Amazon, Google, and Microsoft to...


Using AI to Combat AI Fraud in the Credit Union Space
Credit Unions Counter the Growing Risk of AI Fraud 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.