April 23, 2024
Issuers Look Beyond Inflation and Interest Rates to Managing Real-Time...

As global head of product at payment processor i2c, Seth Perlman has seen his share of headwinds and tailwinds in the banking business, including stints at Visa, Fiserv and PayPal....

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
The Chatbot Will See You Now: Medical Experts Debate the...

As artificial intelligence (AI)-powered chatbots become increasingly common in healthcare, questions about their effectiveness and reliability continue to spark debate. The World Health Organization (WHO) has introduced an AI health...

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...