ML

New Data: FIs Cooling on Open Banking but Still on Course for Real-Time Payments
New Data: FIs Cooling on Open Banking but Still on Course for Real-Time Payments
February 26, 2024  |  Fraud Prevention

Open banking is transforming the banking industry. It grants third-party FinTechs access to the financial data and funds traditional financial institutions (FIs) manage. Doing so...

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Half of FIs Rely Entirely on External Data Encryption Tools to Detect Fraud
Half of FIs Rely Entirely on External Data Encryption Tools to Detect Fraud
February 08, 2024  |  Fraud Prevention

Over 40% of financial institutions (FIs) have reported higher-than-average volumes of fraud and financial crime, according to insights detailed in “FIs Depend on AI/ML Partners...

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APP Fraud in Focus as Digital Tools Redefine Prevention Tactics
APP Fraud in Focus as Digital Tools Redefine Prevention Tactics
February 06, 2024  |  Security & Fraud

The widespread adoption of person-to-person (P2P) payment apps and services has fueled a surge in credit-push payment volume, a trend that has been further accelerated...

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Ransomware Attacks Spotlight Need for FIs to Gauge Third-Party Risk 
Ransomware Attacks Spotlight Need for FIs to Gauge Third-Party Risk 
January 24, 2024  |  Security & Fraud

The fraudsters grow ever-wilier, the attacks more brazen. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

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Emerging Market FinTechs Poised to Drive Innovation and Inclusion in 2024
Emerging Market FinTechs Poised to Drive Innovation and Inclusion in 2024
December 28, 2023  |  Fintech Investments

In 2023, the FinTech landscape experienced a transformative surge of innovations, reshaping financial technology from its core. These advancements, spanning cutting-edge technologies and the evolution...

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Good vs. Bad: Fraud Losses at FIs Up 65% as Both Sides Turn to AI
Good vs. Bad: Fraud Losses at FIs Up 65% as Both Sides Turn to AI
December 14, 2023  |  Digital-First Banking

Fraud and financial crime remain challenging for financial institutions (FIs), even as fraud rates have remained high for many of them in 2023 relative to...

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FIs Depend on AI/ML Partners to Fight Next-Gen Fraudsters
FIs Depend on AI/ML Partners to Fight Next-Gen Fraudsters
December 06, 2023  |  Fraud Prevention

PYMNTS Intelligence recently found that more than 40% of financial institutions (FIs) see increasing fraud and financial crime. This advancing wave likely poses a significant...

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IBM, Meta Launch 50+ Member Alliance Promoting Open-Source AI Development 
IBM, Meta Launch 50+ Member Alliance Promoting Open-Source AI Development 
December 05, 2023  |  artificial intelligence

How do you safely develop and responsibly profit from an innovation like artificial intelligence (AI)? Get the Full Story Complete the form to unlock this...

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When There Is No FICO: AI and ML Transform Emerging Market Lending
When There Is No FICO: AI and ML Transform Emerging Market Lending
December 05, 2023  |  Artificial Intelligence

Artificial intelligence (AI) and machine learning (ML) are no longer emerging technologies. Get the Full Story Complete the form to unlock this article and enjoy...

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