Technology

Zepz Group, the U.K. financial technology startup and parent of the payments company WorldRemit, has named Mark Lenhard as its new chief executive, replacing Breon Corcoran.

Flow Traders and Hudson River Trading have backed Sei Labs, a crypto startup founded by Goldman Sachs and Robinhood Markets veterans that is developing a blockchain aimed at speeding up decentralized finance transactions.

Federal Reserve Vice Chair Lael Brainard said Monday that the central bank's real-time payments network will go live between May and July of 2023 and financial institutions should prepare themselves right away.

The cybersecurity crisis arising from super-fast computing is approaching more quickly than the industry and its regulators may realize.

Verifying the identity of a business is a much more complex task than verifying the identity of an individual, yet the underlying technology used in both is the same.

The state's disclosure laws generated data that indicated millions of consumers had their personal details potentially compromised.

A data breach in 2022 costs companies $4.35 million on average, an all-time high according to IBM research.

In a survey, 88% of financial institutions had experienced a firmware-related attack, which the Department of Homeland Security has called an "overlooked" vector for cyberattacks.

The Consumer Financial Protection Bureau is expected to issue guidance soon around fraud liability on digital payment platforms, and the thorniest question concerns who pays for customers' mistakes.  

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