Voice Commerce, a biometric payment verification tech firm, has hired former RBS WorldPay exec Tim Reynolds to be its new CTO. Former BISYS group president Neil Marcous has been named president of NYCE Payments Network, responsible for leading the FIS Payment Network Solutions business (NYCE Payments Network is an FIS company). CCG Catalyst has named former Fiserv svp of relationship management Michael Langenkamp partner. Risk management, pricing and analytics firm OuIC has promoted Stephen Wilson to COO. He was already responsible for the firm's finance, administration and professional services group. Ian Hallam is the new CEO of 3i Infotech, a global provider of IT products. The London Stock Exchange has named Antoine Shaboury CIO. He joins the LSE from the American Stock Exchange, where he was CIO since 2004. He was also CTO of Instinet Services.
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Threat group ShinyHunters claimed responsibility for the attack, which reportedly targeted third-party platforms rather than Betterment's own systems.
February 6 -
Artificial intelligence developments are stoking investor fears about software companies. Banks' limited exposure to the sector and general stability is proving attractive to investors.
February 6 -
Prosperity Bancshares finalizes the second of three acquisitions it's announced since July; Sumitomo Mitsui Banking Corporation appoints a new chief information security officer for its American operations; Huntington Bancshares, Third Coast Bancshares and Heritage Financial completed acquisitions; and more in this week's banking news roundup.
February 6 -
Fintech and crypto groups said in comment letters to the Federal Reserve that the proposed "skinny" master account is too limited and could keep firms dependent on banks. Banking groups asked for more time to comment.
February 6 -
Federal Reserve Vice Chair Philip Jefferson said in a speech Friday that long-term productivity gains brought on by artificial intelligence could compel the central bank to maintain higher rates to keep prices stable.
February 6 -
While the e-commerce giant has deemphasized the technology, banks and payment firms are testing the biometric option.
February 6





