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Interbank Pilot From Visa, Goldman and Others Seeks Real-World Blockchain Utility 
Interbank Pilot From Visa, Goldman and Others Seeks Real-World Blockchain Utility 
March 18, 2024  |  Blockchain

For the past 15 years, blockchain has been attempting to transform the global financial system. Or, if you listen to some of the earlier adherents...

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Apple Insists It Complies With EU’s Digital Markets Act
Apple Insists It Complies With EU’s Digital Markets Act
March 18, 2024  |  Apple

Apple is defending its practices under Europe’s newly adopted Digital Markets Act (DMA). At a hearing Monday (March 18), the tech giant said that it has followed...

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NCino to Acquire DocFox, Enhance Onboarding in Cloud Banking Solutions
NCino to Acquire DocFox, Enhance Onboarding in Cloud Banking Solutions
March 18, 2024  |  Acquisitions

NCino plans to acquire DocFox to create a single platform that will enable financial institutions to manage the entire client lifecycle. The combined solution will encompass information intake,...

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FedEx and Amazon Explored Partnership in eCommerce Returns Last Year
FedEx and Amazon Explored Partnership in eCommerce Returns Last Year
March 18, 2024  |  eCommerce

FedEx and Amazon reportedly engaged in discussions last year about a potential partnership to handle the increasing volume of eCommerce returns. Although no deal was reached, the talks...

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Musk’s xAI Unveils Open-Source AI Chatbot Grok-1
Musk’s xAI Unveils Open-Source AI Chatbot Grok-1
March 18, 2024  |  Artificial Intelligence

Elon Musk has officially unveiled his open-source artificial intelligence (AI) model. “We are releasing the base model weights and network architecture of Grok-1, our large language...

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Nacha Expands Receiving Depository Financial Institutions’ Role in Fighting Fraud
Nacha Expands Receiving Depository Financial Institutions’ Role in Fighting Fraud
March 18, 2024  |  Security & Fraud

Receiving depository financial institutions (RDFIs) now have a defined role in monitoring the ACH payments they receive. The newly defined role was established as part...

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Citi’s Tuum Investment Changes Cloud Core Banking Dynamic
Citi’s Tuum Investment Changes Cloud Core Banking Dynamic
March 18, 2024  |  Banking

Embedded payments, embedded lending and a continuing shift to virtual cards all demand a reconsideration of technical infrastructure. Banks, grappling with legacy back-end systems, and...

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Open Banking Allows More SMB Data to Be Used in Financing Decisions
Open Banking Allows More SMB Data to Be Used in Financing Decisions
March 18, 2024  |  SMBs

Small- to medium-sized businesses (SMBs) represent a puzzle that banks have long struggled to solve. SMBs need fast, flexible and digital-first solutions that help rather...

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Retailer Concerns About Organized Crime Escalate Amid Ongoing Losses
Retailer Concerns About Organized Crime Escalate Amid Ongoing Losses
March 18, 2024  |  Retail

As retailers face ongoing margin pressures from a difficult economic environment, many are growing increasingly concerned about the losses they may be accruing from theft...

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