Payment fraud is an ideal use case for machine learning and artificial intelligence (AI), and has been used by financial institutions (FIs) to great effect....
Consumers’ preferences are undeniably shifting digitally when it comes to banking and financial services. According to a recent study by Citibank, 31 percent of consumers use...
Financial institutions are flagging a bit when it comes to deployment of new technologies and financial products. One reason is infrastructure, where legacy systems hamper...
Ant Financial Services Group and Jiangsu-based Hoperun Information Technology announced Wednesday (March 7) a new banking product aimed at financial institutions. Get the Full Story...
The Federal Trade Commission (FTC) has requested comment on the proposed amendments of two rules that protect the privacy and security of customer data held...
Microsoft’s lastest cybersecurity report has revealed that state-sponsored hackers have attacked several financial services firms, managing to steal “large sums of cash.” Get the Full...
Data is everywhere, and ripe for the mining. It can help financial firms offer better services and can help healthcare providers set up payment plans...
The Financial Stability Board (FSB), a global finance regulator, warned that the proliferation of eCommerce giants like Facebook, Amazon, Alibaba and Apple in the financial...