Technology
Technology
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As the toll of financial crime rises, the card network is attempting to boost its fraud-fighting game by buying threat intelligence firm Recorded Future.
September 12 -
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A coalition of 105 organizations has analyzed the flow of financing to large, greenhouse-gas-emitting livestock operations and found these three banks do the bulk of loans.
September 12 -
Banks and consumers report fraud at higher rates than they did before the pandemic, and those cases have continued getting costlier.
September 11 -
As banks deploy AI to cut costs, some face pressure to define long-term value, Finovate speakers said this week.
September 11 -
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Mark McArdle advised attendees to remain cautious about the reasons behind implementation of artificial intelligence.
September 10 -
The bank has partnered with a fintech, Zentist, to give dentists a system that automates insurance and billing processes.
September 10 -
As the Consumer Financial Protection Bureau increases scrutiny of earned wage access, cash-back fees and airline rewards, industry lobbyists are pushing back, while some groups cheer the move.
September 10 -
Consumer Financial Protection Bureau Director Rohit Chopra will be looking at whether automation accommodates or undermines potential savings from refinancing.
September 10 -
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Banks are finding that they rarely save money off the top when they migrate applications to the cloud. The more substantial benefits are about productivity and speedier development.
September 9 -
Crooks can use deepfakes and other machine learning tools to circumvent traditional authentication security methods. Payment experts discuss how firms can protect themselves.
September 9 -
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A company spokesperson said the company reviews fraud-related issues and refers them to law enforcement "as appropriate."
September 6 -
A survey of 135 financial services companies conducted by LexisNexis Risk Solutions, a subsidiary of LexisNexis, found that a vast majority reported increased levels of fraud in 2023.
September 5 -
First Electronic Bank is using technology from Spring Labs to analyze its fintech partners' customer communications and identify problems.
September 5 -
Membership requirements, expense and the nonprofit ethos largely keep credit unions from participating in the banking-as-a-service space. But a few, such as North Bay Credit Union in California, have carved out a niche.
September 4 -
SpringFour, which partners with banks and lenders to deliver financial resources to their end users, will join the C&R Software umbrella, where it hopes to expand into other markets beyond financial services.
September 4 -
People filmed themselves depositing bad checks, then quickly transferring or withdrawing the funds. Then they shared screenshots of their negative balances.
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