Automating Payroll & Vendor Payments: Is Your Business Falling Behind?
Automating payroll and vendor payments reduces errors, saves time, and improves cash flow—helping businesses stay competitive in a fast-paced ... Read More
PayPal Agrees to $2 Million Settlement with New York Regulators Over Cybersecurity Lapses
PayPal has reached a $2 million settlement with the New York State Department of Financial Services (NYDFS) following allegations that cybersecurity deficiencies led to the exposure of sensitive customer data, including Social Security ... Read More
RBC Partners with Cohere to Develop GenAI Platform for Enhanced Security and Privacy
The Royal Bank of Canada (RBC) has joined forces with generative AI specialist Cohere to develop North for Banking, a state-of-the-art AI-powered platform designed specifically for the financial services sector. Leveraging both RBC’s ... Read More
Trump Meme Coin Faces Volatility as Melania Launches Rival Token
The cryptocurrency market experienced intense fluctuations after $Trump, a meme coin minted by incoming US President Donald Trump, briefly lost more than half of its market capitalization. The disruption followed the debut of $Melania, a ... Read More
NatWest Launches Approval2Buy Virtual Corporate Cards for Business Expenses
NatWest has introduced Approval2Buy, a mobile virtual card payment tool designed to streamline business expenses. Powered by Mastercard’s virtual card and tokenisation technology, Approval2Buy allows companies to instantly generate ... Read More
Mastercard Expands Product Express Platform to Accelerate Fintech Card Launches Globally
Mastercard has expanded its Product Express platform to new regions, allowing fintechs to quickly roll out card programs in as little as 15 days. After launching in Latin America earlier this year, the platform is now live in Africa, the ... Read More
Bank of America’s AI Patents Surge 94% Since 2022
Bank of America’s (BofA) push into artificial intelligence (AI) has resulted in a 94% increase in AI and machine learning (ML) patents, with nearly 1100 patents and pending applications in its portfolio. More than half of these have ... Read More
Finastra Introduces Loan IQ Simplified Servicing to Streamline SME Loan Management
Finastra’s Loan IQ Simplified Servicing automates loan management for SME loans, improving efficiency, reducing risks, and promoting financial ... Read More
NSA Investigates Potential Chinese Cyberattacks on U.S. Telecommunications
The NSA and government agencies are investigating claims that Chinese hackers have targeted U.S. telecommunications companies, raising concerns over the security of critical ... Read More
How do high-risk businesses mitigate chargeback risks
High-risk businesses encounter unique obstacles when it comes to mitigating chargeback risks. These challenges stem from the nature of their operations and the regulatory environment in which they ... Read More