Fintech News
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Many businesses overestimate their defenses against identity fraud.
Do businesses overestimate their effectiveness against identity fraud? Recent findings suggest they may indeed…
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Financial services firms are increasingly targeted by DDoS attacks.
The financial sector has become a prime target for cybercriminals using distributed denial-of-service (DDoS)…
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Updates in Tools Aid in Combating Elder Fraud Efforts
Nacha has taken steps to aid banks and financial institutions in combating elder financial…
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Paddle, a payment processor, faces fines due to its involvement in scam cases.
The Federal Trade Commission (FTC) has levied a $5 million fine against Paddle, a…
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Offering recurring payments could help Pix compete more effectively against credit cards.
Brazil’s instant payment system Pix is launching a new recurring payments feature known as…
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AI can discover new fraud cases instantly in real-time payments.
The Role of Artificial Intelligence in Fraud Detection The primary concern with faster payment…
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Nvidia Provides UK Banks with an AI Innovation Sandbox Environment.
Financial institutions operate under stringent regulations designed to protect both customers and the organizations…
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The Growing Importance of Cryptocurrencies in International Money Transfers
The Bank for International Settlements (BIS) revealed that cryptocurrencies such as Bitcoin, Ether, and…
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Bad actors recruited Coinbase agents for extortion and phishing schemes.
Coinbase, one of the largest crypto exchanges in the U.S., recently faced a significant…
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Why Are Decentralized Computing Models Suddenly So Popular?
Through a model that encourages users to seek out the most energy-efficient resources to…
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