Technology
Technology
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Myriad payment innovations are cutting into old-school cash payments, changing how funds are accessed, spent and received for purposes ranging from in-store payments to accessing disaster recovery funds. Will these changes bring new communities into banking, or will it leave them behind?
December 17 -
Data breaches in 2024 exposed billions of records, impacting financial firms, banks and consumers alike.
December 16 -
Ripple, MoneyGram and FV Bank all bolstered their ability to distribute digital assets, with cross-border transactions emerging as a primary use case.
December 16 -
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Upbound currently focuses on lease-to-own products. Brigit will help it expand its offerings, but the fintech faced an FTC complaint last year.
December 13 -
From mail theft to video games, a variety of trends shaped scams and fraud in 2024 — and made the schemes more expensive for everyone.
December 13 -
An industry lawsuit seeks to undermine a rule put forward by the Consumer Financial Protection Bureau that would make it much easier for consumers to manage their own financial health.
December 13 -
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Numerous reports and lawsuits have criticized the health insurer for using algorithms to ramp up denials of coverage.
December 12 -
Execs from U.S. Bancorp and Keybank discuss how emerging technology makes it easier to replicate the near invisible checkout that car-sharing riders enjoy.
December 12 -
Walmart is pouring more firepower into its fledgling financial venture, signaling its ambition to wade deeper into financial services.
December 12 -
Financial institutions are adopting AI technology into virtually every aspect of the business. Analysts and fintechs share a framework for protecting data and bank reputations.
December 11 -
The merger pairs the fintech's consumer lending platform with Gen Digital's identity-protection services, such as Norton, LifeLock and ReputationDefender.
December 10 -
The bank suggests it's a scapegoat for Synapse's wrongdoing in a case of banking-as-a-service gone awry.
December 10 -
Some smaller banks are punching above their weight when it comes to being AI-savvy, industry observers say.
December 10 -
The industry should rally behind the Financial Data Exchange, which has stepped up to help develop standards and governance protocols for open banking in the United States.
December 10 -
The company said the P2P payment service the bureau seeks to supervise presents no risk to consumers because it is no longer offered in the U.S.
December 9 -
Customers of fintechs affected by Synapse's bankruptcy have been waiting since May for money they had in their accounts, and $65 million to $85 million still appears to be missing.
December 9 -
The holiday season presents online shopping and charity scam risks, and this year presents a novel threat of AI-assisted fraud. Here's how banks are helping their customers avoid these schemes.
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