February 06, 2024
PortX, Hummingbird Partner to Fight Financial Crime

PortX, an integration technology company for financial institutions (FIs), has teamed with compliance platform Hummingbird. The collaboration is designed to make it easier for FIs to use Hummingbird’s compliance platform for anti-money...

February 02, 2024
Two-Thirds of College Students Want to Use Their App to...

Pursuing an education is fundamental to skill development, intellectual advancement and personal growth, laying the groundwork for future success. However, soaring tuition costs have made attending many schools prohibitively expensive....

February 01, 2024
AI’s Role in Helping Banks Fight Fraud and Financial Crimes

Easy money attracts bad actors.  In today’s increasingly digitized and borderless business landscape, the threat of attack has only grown more pointed. That’s why it is so important for banks...

January 26, 2024
Instant Impact: AI’s Role in Advancing Real-Time Payments

Real-time payments are a boon to consumers and companies alike, but they are not without their hurdles. These include the need for rigorous onboarding procedures and anti-money laundering (AML) checks...

January 22, 2024
Demystifying AI: The Probability Theory Behind LLMs Like OpenAI’s ChatGPT 

When a paradigm shift occurs, it is not always obvious to those affected by it.  But there is no “eye of the storm” equivalent when it comes to generative artificial...

January 16, 2024
Hawk AI Appoints HSBC Veteran Michael Shearer Chief Solution Officer

Hawk AI appointed HSBC veteran Michael Shearer as chief solution officer. Shearer spent much of his career at HSBC, including serving as the bank’s group head of compliance product management,...

January 14, 2024
OpenSea Wants NFTs to Evolve as Market Plunges 63%

Last year was not a good one for non-fungible tokens (NFTs). Sales for the blockchain-based digital assets fell 63% to $8.7 billion in 2023, even with volume tripling between October and November,...

January 14, 2024
Google Follows Apple in Yanking Crypto Apps in India

Google has removed several cryptocurrency platforms from its Indian Play store. The removal, as reported Saturday (Jan. 13) by TechCrunch, involves crypto giants including Binance and Kraken, and follows a similar move last week by Apple.  The...

January 12, 2024
Genesis Global Trading to Pay $8 Million Penalty, Surrender BitLicense

The New York State Department of Financial Services (DFS) has announced that Genesis Global Trading will pay an $8 million penalty to the state and surrender its BitLicense.  These moves come after a DFS...