During the pandemic, the government extended a $1.2 trillion lifeline through the Paycheck Protection Program (PPP). Four years on, the sobering stats show that the Small Business Administration was victimized by fraudsters who made off with hundreds of billions of dollars of loans. They lied...
British banks, tech companies and telecoms are reportedly pledging to increase their data-sharing on fraud. This pledge, as the Financial Times (FT) reported Monday (March 31), comes as the U.K. government is facing calls to show more leadership in helping fight online scammers. According to the report,...
Federal officials say a Department of Government Efficiency (DOGE) staffer breached Treasury data-sharing policies. Marko Elez violated the Treasury Department’s rules when he transmitted a spreadsheet containing personal data to others in the Trump administration, Bloomberg News reported Friday (March 14), citing a court filing....
Direct-to-consumer offers have long been a mainstay of finance. But embedded finance is reshaping what it means for banks, businesses and FinTechs to interact, in real time, with customers, generating new revenue and giving end users a broad range of payments options that fit their...
April 28, 2025
Back in 1999, payment networks introduced the first version of the 3-D Secure authentication protocol, which sought to add security to online credit card transactions. 3DS 1.0, as it is now known, required cardholders to authenticate their identity before completing a purchase. Ben Dominguez, executive vice president of 3-D Secure and strategic alliances at Entersekt, […]
April 09, 2025
During the pandemic, the government extended a $1.2 trillion lifeline through the Paycheck Protection Program (PPP). Four years on, the sobering stats show that the Small Business Administration was victimized...
February 12, 2025
The fight over the CFPB’s status and, in particular, the future of Open Banking Rule 1033 is on. A Washington, D.C.-based trade group, the Financial Technology Association (FTA), is seeking to...
January 13, 2025
As platforms, corporates and financial institutions scale and bring personalized financial products and solutions to their end customers, application programming interfaces (APIs) are proving to be a critical lifeline. They...
March 31, 2025
British banks, tech companies and telecoms are reportedly pledging to increase their data-sharing on fraud. This pledge, as the Financial Times (FT) reported Monday (March 31), comes as the U.K. government is facing calls to show more leadership in helping fight online scammers. According to the report, the companies behind the pledge have transitioned from a testing […]
March 16, 2025
Federal officials say a Department of Government Efficiency (DOGE) staffer breached Treasury data-sharing policies. Marko Elez violated the Treasury Department’s rules when he transmitted a spreadsheet containing personal data to...
December 23, 2024
Four financial authorities in the United Kingdom said they are working to improve their cooperation and will revise their agreement as the government pursues its National Payments Vision. The Bank...
November 07, 2024
American Express has formed a deal with financial data company MX Technologies, giving their users access to improved financial management capabilities. The API-powered data access agreement will offer customers new...
